Somewhat Positive News Coverage Somewhat Unlikely to Affect AAR (AIR) Share Price

Headlines about AAR (NYSE:AIR) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. AAR earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave news articles about the aerospace company an impact score of 45.9163163797615 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:

AAR (NYSE AIR) traded down $0.39 during mid-day trading on Friday, hitting $38.15. 154,279 shares of the company’s stock were exchanged, compared to its average volume of 288,865. AAR has a 12-month low of $31.97 and a 12-month high of $44.04. The stock has a market capitalization of $1,304.44, a PE ratio of 56.79 and a beta of 1.36. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.65 and a quick ratio of 1.23.

AAR (NYSE:AIR) last announced its earnings results 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 company had revenue of $449.70 million for the quarter, compared to the consensus estimate of $450.56 million. AAR had a net margin of 1.25% and a return on equity of 5.61%. The company’s revenue for the quarter was up 6.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.35 EPS. research analysts expect that AAR will post 1.86 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Monday, February 5th. Stockholders of record on Monday, January 22nd were paid a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date of this dividend was Friday, January 19th. AAR’s payout ratio is 44.78%.

A number of research firms have issued reports on AIR. Canaccord Genuity upgraded shares of AAR from a “hold” rating to a “buy” rating and boosted their price objective for the company from $42.00 to $46.00 in a research report on Thursday. Seaport Global Securities upgraded shares of AAR from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $39.00 to $50.00 in a research report on Tuesday, January 16th. Credit Suisse Group upgraded shares of AAR from a “neutral” rating to an “outperform” rating in a research report on Friday, January 12th. TheStreet cut shares of AAR from a “b” rating to a “c+” rating in a research report on Thursday, December 21st. Finally, Noble Financial restated a “buy” rating on shares of AAR in a research report on Friday, December 22nd. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $46.50.

In other news, CEO David P. Storch sold 126,679 shares of AAR stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $41.53, for a total transaction of $5,260,978.87. Following the sale, the chief executive officer now owns 759,639 shares of the company’s stock, valued at approximately $31,547,807.67. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ronald R. Fogleman sold 3,000 shares of AAR stock in a transaction dated Friday, December 29th. The shares were sold at an average price of $33.47, for a total transaction of $100,410.00. Following the sale, the director now directly owns 23,406 shares in the company, valued at approximately $783,398.82. The disclosure for this sale can be found here. Insiders own 9.33% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for AAR (NYSE:AIR)

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