News articles about AAR Corp. (NYSE:AIR) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. AAR Corp. earned a coverage optimism score of 0.20 on Accern’s scale. Accern also gave media stories about the aerospace company an impact score of 44.7899270700338 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
- Ronald R. Fogleman Sells 3,000 Shares of AAR Corp. (AIR) Stock (americanbankingnews.com)
- AAR Corp. : AIR-US: Dividend Analysis : October 23rd, 2017 (record date) : By the numbers : October 26, 2017 (finance.yahoo.com)
- UPS, AAR Corp. and Pinnacle Logistics have nearly 2,300 jobs to fill at Chicago Rockford International Airport (rrstar.com)
- AAR CORP. (NYSE:AIR) Files An 8-K Entry into a Material Definitive Agreement (4-traders.com)
Shares of AAR Corp. (NYSE:AIR) traded down 0.16% on Friday, hitting $38.61. 114,776 shares of the stock traded hands. AAR Corp. has a one year low of $31.07 and a one year high of $39.71. The company’s 50 day moving average is $37.78 and its 200 day moving average is $36.00. The stock has a market cap of $1.31 billion, a price-to-earnings ratio of 23.20 and a beta of 1.37.
AAR Corp. (NYSE:AIR) last announced its quarterly earnings results on Tuesday, September 19th. The aerospace company reported $0.31 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.31. The business had revenue of $439.20 million during the quarter, compared to analyst estimates of $410.52 million. AAR Corp. had a return on equity of 5.66% and a net margin of 3.20%. The firm’s revenue was up 8.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.29 EPS. On average, equities analysts forecast that AAR Corp. will post $1.77 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, November 3rd. Investors of record on Monday, October 23rd will be issued a $0.075 dividend. The ex-dividend date of this dividend is Friday, October 20th. This represents a $0.30 annualized dividend and a yield of 0.78%. AAR Corp.’s dividend payout ratio (DPR) is currently 17.86%.
AAR Corp. announced that its board has authorized a stock buyback program on Tuesday, July 11th that authorizes the company to repurchase $250.00 million in shares. This repurchase authorization authorizes the aerospace company to purchase up to 20.2% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its shares are undervalued.
Several equities analysts have issued reports on AIR shares. BidaskClub raised shares of AAR Corp. from a “sell” rating to a “hold” rating in a research note on Thursday, July 6th. Noble Financial reaffirmed a “buy” rating on shares of AAR Corp. in a research note on Thursday, July 13th. Zacks Investment Research raised shares of AAR Corp. from a “sell” rating to a “hold” rating in a research note on Thursday, September 14th. Seaport Global Securities started coverage on shares of AAR Corp. in a research note on Tuesday, September 12th. They set a “neutral” rating and a $39.00 price target on the stock. Finally, Canaccord Genuity reaffirmed a “hold” rating and set a $40.00 price target on shares of AAR Corp. in a research note on Friday, October 13th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. AAR Corp. currently has an average rating of “Hold” and a consensus target price of $46.20.
In other AAR Corp. news, Director Ronald R. Fogleman sold 3,000 shares of AAR Corp. stock in a transaction that occurred on Friday, December 29th. The stock was sold at an average price of $33.47, for a total value of $100,410.00. Following the transaction, the director now directly owns 23,406 shares of the company’s stock, valued at approximately $783,398.82. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 9.33% of the stock is currently owned by insiders.
AAR Corp. 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.
What are top analysts saying about AAR Corp.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for AAR Corp. and related companies.