AAR Corp. Reaches New 12-Month High at $26.70 (AIR)
AAR Corp. (NYSE:AIR)’s share price reached a new 52-week high during trading on Tuesday, Stock Ratings Network reports. The stock traded as high as $26.70 and last traded at $26.66, with a volume of 214,109 shares traded. The stock had previously closed at $25.92.
Separately, analysts at Zacks reiterated a “neutral” rating on shares of AAR Corp. (NYSE:AIR) in a research note to investors on Friday, July 12th. They now have a $26.00 price target on the stock.
AAR Corp. has a 52 week low of $13.27 and a 52 week high of $26.70. The stock has a 50-day moving average of $25.14 and a 200-day moving average of $21.05. The company has a market cap of $1.018 billion and a P/E ratio of 18.73.
AAR Corp. (NYSE:AIR) last issued its quarterly earnings data on Thursday, July 25th. The company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.05. The company had revenue of $553.80 million for the quarter, compared to the consensus estimate of $543.28 million. During the same quarter in the previous year, the company posted $0.45 earnings per share. The company’s revenue for the quarter was down 1.7% on a year-over-year basis. Analysts expect that AAR Corp. will post $2.03 EPS for the current fiscal year.
AAR CORP. (NYSE:AIR) is a diversified provider of products and services to the worldwide aviation and government and defense markets.
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