Shares of AAR Corp. (NYSE:AIR) have earned a consensus rating of “Hold” from the seven ratings firms that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $43.00.

A number of equities research analysts have recently issued reports on AIR shares. Canaccord Genuity restated a “hold” rating and issued a $40.00 target price on shares of AAR in a research note on Friday, October 13th. Zacks Investment Research upgraded shares of AAR from a “sell” rating to a “hold” rating in a research note on Thursday, September 14th. Noble Financial restated a “buy” rating on shares of AAR in a research note on Friday, December 22nd. TheStreet lowered shares of AAR from a “b” rating to a “c+” rating in a research note on Thursday, December 21st. Finally, Seaport Global Securities started coverage on shares of AAR in a research note on Tuesday, September 12th. They set a “neutral” rating and a $39.00 price objective on the stock.

In other news, Director Ronald R. Fogleman sold 3,000 shares of the stock in a transaction that occurred on Friday, December 29th. The shares were sold at an average price of $33.47, for a total value of $100,410.00. Following the completion of the transaction, the director now directly owns 23,406 shares in the company, valued at $783,398.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 9.33% of the company’s stock.

A number of large investors have recently modified their holdings of the stock. OxFORD Asset Management LLP boosted its stake in AAR by 2,831.6% in the 3rd quarter. OxFORD Asset Management LLP now owns 194,044 shares of the aerospace company’s stock worth $7,362,000 after purchasing an additional 187,425 shares during the period. American Century Companies Inc. acquired a new position in AAR in the 2nd quarter worth approximately $4,659,000. Monarch Partners Asset Management LLC acquired a new position in AAR in the 3rd quarter worth approximately $2,819,000. BlackRock Inc. boosted its stake in AAR by 1.6% in the 2nd quarter. BlackRock Inc. now owns 4,731,967 shares of the aerospace company’s stock worth $164,483,000 after purchasing an additional 74,499 shares during the period. Finally, GSA Capital Partners LLP boosted its stake in AAR by 390.5% in the 2nd quarter. GSA Capital Partners LLP now owns 75,489 shares of the aerospace company’s stock worth $2,624,000 after purchasing an additional 60,100 shares during the period. Hedge funds and other institutional investors own 88.03% of the company’s stock.

AAR (NYSE AIR) opened at $38.68 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.65 and a quick ratio of 1.38. The firm has a market cap of $1,340.00, a PE ratio of 84.09 and a beta of 1.36. AAR has a 12-month low of $31.20 and a 12-month high of $44.04.

AAR (NYSE:AIR) last posted its quarterly earnings data on Thursday, December 21st. The aerospace company reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.02). The firm had revenue of $449.70 million during the quarter, compared to analysts’ expectations of $450.56 million. AAR had a net margin of 1.25% and a return on equity of 5.61%. The business’s quarterly revenue was up 6.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.35 earnings per share. equities research analysts predict that AAR will post 1.81 earnings per share for the current year.

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AAR Company Profile

AAR CORP. (AAR) is a provider of services and products to the commercial aviation and government and defense markets. The Company operates in two segments: Aviation Services, which consists of supply chain and maintenance, repair and overhaul (MRO) activities, and Expeditionary Services, which includes airlift and mobility activities.

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