Wesco Aircraft Holdings (WAIR) Scheduled to Post Quarterly Earnings on Wednesday
Wesco Aircraft Holdings (NASDAQ:WAIR) will be issuing its quarterly earnings data on Wednesday, February 5th. Wesco Aircraft Holdings has set its FY14 guidance at $1.31 to $1.37 EPS.Parties interested in registering for the company’s conference call can do so using this link.
Wesco Aircraft Holdings (NASDAQ:WAIR) last released its earnings data on Thursday, November 21st. The company reported $0.33 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.32 by $0.01. The company had revenue of $234.30 million for the quarter, compared to the consensus estimate of $234.01 million. During the same quarter last year, the company posted $0.29 earnings per share. Wesco Aircraft Holdings’s revenue was up 10.4% compared to the same quarter last year. On average, analysts expect Wesco Aircraft Holdings to post $1.33 EPS for the current fiscal year and $1.55 EPS for the next fiscal year.
Wesco Aircraft Holdings (NASDAQ:WAIR) opened at 21.84 on Tuesday. Wesco Aircraft Holdings has a 52-week low of $13.39 and a 52-week high of $22.78. The stock has a 50-day moving average of $21.7 and a 200-day moving average of $20.23. The company has a market cap of $2.081 billion and a P/E ratio of 20.50.
A number of research firms have recently commented on WAIR. Analysts at Robert W. Baird raised their price target on shares of Wesco Aircraft Holdings from $22.00 to $23.00 in a research note to investors on Monday. On the ratings front, analysts at Bank of America Corp. upgraded shares of Wesco Aircraft Holdings to a “buy” rating in a research note to investors on Tuesday, January 7th. Finally, analysts at Bank of America Corp. upgraded shares of Wesco Aircraft Holdings from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, January 7th. They now have a $26.00 price target on the stock, up previously from $22.00. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $19.41.
In other Wesco Aircraft Holdings news, CEO Randy Snyder sold 24,900 shares of the company’s stock on the open market in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $21.45, for a total value of $534,105.00. Following the sale, the chief executive officer now directly owns 45,000 shares in the company, valued at approximately $965,250. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Wesco Aircraft Holdings, Inc, formerly Wesco Holdings, Inc, a holding company for Wesco Aircraft Hardware Corp.
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