AAR (AIR) Receives Media Sentiment Rating of 0.02
Press coverage about AAR (NYSE:AIR) has trended somewhat positive on Thursday, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. AAR earned a news sentiment score of 0.02 on Accern’s scale. Accern also gave press coverage about the aerospace company an impact score of 43.72369015232 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of AAR (AIR) opened at $42.47 on Thursday. The company has a market capitalization of $1,460.01, a PE ratio of 28.49 and a beta of 1.34. AAR has a 1-year low of $31.20 and a 1-year high of $42.68. The company has a current ratio of 2.90, a quick ratio of 1.38 and a debt-to-equity ratio of 0.20.
AAR (NYSE:AIR) last posted its earnings results on Tuesday, September 19th. The aerospace company reported $0.31 EPS for the quarter, hitting the consensus estimate of $0.31. The firm had revenue of $439.20 million for the quarter, compared to analyst estimates of $410.52 million. AAR had a return on equity of 5.66% and a net margin of 3.20%. AAR’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same period last year, the company earned $0.29 earnings per share. analysts predict that AAR will post 1.81 EPS for the current year.
A number of research analysts have recently weighed in on the company. Canaccord Genuity assumed coverage on AAR in a report on Wednesday, September 6th. They issued a “hold” rating and a $40.00 price objective on the stock. SunTrust Banks increased their price objective on AAR to $50.00 and gave the company a “buy” rating in a report on Monday. Zacks Investment Research raised AAR from a “sell” rating to a “hold” rating in a report on Friday, September 22nd. Noble Financial reaffirmed a “buy” rating on shares of AAR in a report on Friday, August 11th. Finally, Seaport Global Securities began coverage on AAR in a report on Tuesday, September 12th. They set a “neutral” rating and a $39.00 target price on the stock. One analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $42.25.
In related news, Director Ronald R. Fogleman sold 3,000 shares of the firm’s stock in a transaction dated Friday, December 29th. The stock was sold at an average price of $33.47, for a total transaction of $100,410.00. Following the sale, the director now directly owns 23,406 shares of the company’s stock, valued at $783,398.82. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 9.33% of the stock is owned by company insiders.
AAR Company Profile
AAR CORP. (AAR) is a provider of services and products to the commercial aviation and government and defense markets. The Company operates in two segments: Aviation Services, which consists of supply chain and maintenance, repair and overhaul (MRO) activities, and Expeditionary Services, which includes airlift and mobility activities.
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