AAR Corp. (AIR) to Release Earnings on Tuesday
AAR Corp. (NYSE:AIR) is scheduled to release its Q414 earnings data on Tuesday, July 15th. Analysts expect AAR Corp. to post earnings of $0.41 per share and revenue of $510.45 million for the quarter.
AAR Corp. (NYSE:AIR) opened at 25.81 on Monday. AAR Corp. has a 1-year low of $23.33 and a 1-year high of $31.55. The stock has a 50-day moving average of $26.49 and a 200-day moving average of $26.94. The company has a market cap of $996.2 million and a P/E ratio of 18.42.
On a related note, analysts at Zacks downgraded shares of AAR Corp. from a “neutral” rating to an “underperform” rating in a research note on Tuesday, May 13th. They now have a $24.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $30.25.
AAR CORP. is a diversified provider of products and services to the worldwide commercial aviation and government and defense markets.