Shares of AAR Corp. (NYSE:AIR) have earned an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.

Brokerages have set a twelve-month consensus price target of $30.00 for the company and are anticipating that the company will post $0.28 EPS for the current quarter, according to Zacks. Zacks has also given AAR Corp. an industry rank of 78 out of 265 based on the ratings given to related companies.

AIR has been the subject of a number of research reports. TheStreet raised AAR Corp. from a “hold” rating to a “buy” rating in a research note on Friday, September 2nd. Zacks Investment Research lowered AAR Corp. from a “hold” rating to a “strong sell” rating in a report on Friday, July 15th. Finally, Credit Suisse Group AG reiterated a “buy” rating on shares of AAR Corp. in a report on Friday, June 10th.

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Shares of AAR Corp. (NYSE:AIR) traded down 0.14% on Tuesday, hitting $27.69. The stock had a trading volume of 31,656 shares. The stock has a 50 day moving average price of $25.40 and a 200-day moving average price of $23.95. AAR Corp. has a 12-month low of $18.36 and a 12-month high of $29.08. The company has a market cap of $944.20 million, a price-to-earnings ratio of 20.24 and a beta of 1.90.

AAR Corp. (NYSE:AIR) last issued its quarterly earnings data on Tuesday, July 12th. The company reported $0.32 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.47 by $0.15. AAR Corp. had a net margin of 2.87% and a return on equity of 4.50%. The firm earned $458.20 million during the quarter. During the same period in the previous year, the firm earned $0.36 earnings per share. The company’s quarterly revenue was up 10.2% on a year-over-year basis. On average, equities analysts expect that AAR Corp. will post $1.36 earnings per share for the current year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Teacher Retirement System of Texas raised its position in AAR Corp. by 13.6% in the second quarter. Teacher Retirement System of Texas now owns 4,673 shares of the company’s stock worth $109,000 after buying an additional 559 shares during the period. Nisa Investment Advisors LLC increased its stake in shares of AAR Corp. by 2.8% in the second quarter. Nisa Investment Advisors LLC now owns 5,450 shares of the company’s stock worth $127,000 after buying an additional 150 shares during the period. Springbok Capital Management LLC increased its stake in shares of AAR Corp. by 6,100.0% in the first quarter. Springbok Capital Management LLC now owns 6,200 shares of the company’s stock worth $144,000 after buying an additional 6,100 shares during the period. Public Employees Retirement System of Ohio increased its stake in shares of AAR Corp. by 12.1% in the second quarter. Public Employees Retirement System of Ohio now owns 6,223 shares of the company’s stock worth $145,000 after buying an additional 670 shares during the period. Finally, Mason Street Advisors LLC acquired a new stake in shares of AAR Corp. during the second quarter worth about $149,000. Hedge funds and other institutional investors own 88.70% of the company’s stock.

AAR Corp. Company Profile

AAR CORP. is a diversified provider of products and services to the worldwide commercial aviation and government and defense markets. The Company operates in two segments: Aviation Services, which provides aftermarket support and services for the commercial aviation and government and defense markets, and Technology Products, which is involved in the design, manufacture, and repair of transportation pallets, and a range of containers and shelters used in support of military and humanitarian tactical deployment activities.

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