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Shares of Wesco Aircraft Holdings (NASDAQ:WAIR) have received a consensus rating of “Buy” from the eight ratings firms that are currently covering the company, Analyst RN reports. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $23.63.

Shares of Wesco Aircraft Holdings (NASDAQ:WAIR) opened at 17.89 on Tuesday. Wesco Aircraft Holdings has a one year low of $17.57 and a one year high of $23.10. The stock’s 50-day moving average is $19.51 and its 200-day moving average is $20.9. The company has a market cap of $1.728 billion and a price-to-earnings ratio of 16.12.

Wesco Aircraft Holdings (NASDAQ:WAIR) last released its earnings data on Monday, August 4th. The company reported $0.34 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.37 by $0.03. The company had revenue of $395.60 million for the quarter, compared to the consensus estimate of $405.82 million. During the same quarter in the prior year, the company posted $0.31 earnings per share. The company’s quarterly revenue was up 71.9% on a year-over-year basis. On average, analysts predict that Wesco Aircraft Holdings will post $1.31 earnings per share for the current fiscal year.

WAIR has been the subject of a number of recent research reports. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Wesco Aircraft Holdings in a research note on Tuesday. They now have a $23.00 price target on the stock, down previously from $24.00. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Wesco Aircraft Holdings in a research note on Tuesday. They now have a $22.00 price target on the stock, down previously from $23.00. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Wesco Aircraft Holdings in a research note on Tuesday. They now have a $24.00 price target on the stock, down previously from $25.00.

Wesco Aircraft Holdings, Inc, formerly Wesco Holdings, Inc, a holding company for Wesco Aircraft Hardware Corp.

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