News headlines about AAR (NYSE:AIR) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. AAR earned a news impact score of 0.09 on Accern’s scale. Accern also gave news headlines about the aerospace company an impact score of 47.6356138693272 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news headlines that may have effected Accern’s rankings:
- Heroux-Devtek’s (HERXF) CEO Gilles Labbé on Q4 2018 Results – Earnings Call Transcript (seekingalpha.com)
- FY2018 EPS Estimates for AAR Corp (AIR) Decreased by SunTrust Banks (americanbankingnews.com)
- Brokers Offer Predictions for AAR Corp’s FY2018 Earnings (AIR) (americanbankingnews.com)
- AAR (AIR) Issues FY19 Earnings Guidance (americanbankingnews.com)
A number of equities research analysts have commented on the stock. Zacks Investment Research cut shares of AAR from a “hold” rating to a “sell” rating in a research note on Wednesday. Noble Financial restated a “buy” rating on shares of AAR in a research note on Thursday, March 22nd. Credit Suisse Group raised their target price on shares of AAR to $51.00 and gave the stock an “outperform” rating in a research note on Thursday, March 22nd. TheStreet upgraded shares of AAR from a “c+” rating to a “b” rating in a research note on Tuesday, March 20th. Finally, ValuEngine upgraded shares of AAR from a “hold” rating to a “buy” rating in a research note on Thursday, March 8th. Two equities research analysts have rated the stock with a sell rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $49.00.
AAR opened at $44.31 on Friday, according to Marketbeat Ratings. AAR has a 12 month low of $33.92 and a 12 month high of $47.97. The company has a market cap of $1.54 billion, a price-to-earnings ratio of 30.56 and a beta of 1.23. The company has a current ratio of 2.86, a quick ratio of 1.41 and a debt-to-equity ratio of 0.21.
AAR (NYSE:AIR) last released its earnings results on Tuesday, March 20th. The aerospace company reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.01. The company had revenue of $456.30 million for the quarter, compared to analysts’ expectations of $475.89 million. AAR had a net margin of 1.34% and a return on equity of 6.02%. The firm’s revenue was up 12.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.39 EPS. analysts expect that AAR will post 1.74 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 16th. Stockholders of record on Tuesday, May 1st were given a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 0.68%. The ex-dividend date of this dividend was Monday, April 30th. AAR’s payout ratio is currently 20.69%.
In related news, Director Anthony Anderson sold 5,000 shares of the business’s stock in a transaction on Tuesday, March 27th. The shares were sold at an average price of $44.07, for a total value of $220,350.00. Following the sale, the director now owns 20,411 shares in the company, valued at $899,512.77. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO David P. Storch sold 50,000 shares of the business’s stock in a transaction on Wednesday, March 28th. The stock was sold at an average price of $44.02, for a total transaction of $2,201,000.00. Following the completion of the sale, the chief executive officer now owns 667,259 shares in the company, valued at approximately $29,372,741.18. The disclosure for this sale can be found here. In the last quarter, insiders have sold 108,500 shares of company stock worth $4,755,155. Company insiders own 9.33% of the company’s stock.
AAR Company Profile
AAR CORP. provides products and services to commercial aviation, government, and defense markets worldwide. The company's Aviation Services segment offers aftermarket support and services; inventory management and distribution services; and maintenance, repair, and overhaul, as well as engineering services.
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