AAR Corp. (AIR)
| Market Cap | 2.38B |
| Revenue (ttm) | 2.43B |
| Net Income (ttm) | 64.20M |
| Shares Out | 35.21M |
| EPS (ttm) | 1.81 |
| PE Ratio | 37.39 |
| Forward PE | 17.42 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 174,356 |
| Open | 67.65 |
| Previous Close | 67.35 |
| Day's Range | 66.75 - 68.13 |
| 52-Week Range | 54.71 - 76.34 |
| Beta | 1.57 |
| Analysts | Strong Buy |
| Price Target | 81.00 (+19.93%) |
| Earnings Date | Dec 19, 2024 |
About AIR
AAR Corp. provides products and services to commercial aviation, government, and defense markets worldwide. The Parts Supply segment leases and sells aircraft components and replacement parts. The Repair & Engineering segment provides airframe maintenance services, such as airframe inspection, painting, line maintenance, airframe modification, structural repair, avionics service and installation, exterior and interior refurbishment, and engineering and support services; component repair services comprising maintenance, repair, and overhaul (MRO... [Read more]
Financial Performance
In 2024, AAR Corp.'s revenue was $2.32 billion, an increase of 16.50% compared to the previous year's $1.99 billion. Earnings were $45.80 million, a decrease of -48.60%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for AIR stock is "Strong Buy." The 12-month stock price forecast is $81.0, which is an increase of 19.93% from the latest price.
News
AAR releases 2024 Sustainability Report
WOOD DALE, Ill. , Nov. 18, 2024 /PRNewswire/ -- AAR CORP.
AAR signs exclusive global distribution agreement with Whippany Actuation Systems
WOOD DALE, Ill. , Nov. 14, 2024 /PRNewswire/ -- AAR CORP.
AAR signs new engine parts supply agreement with Chromalloy
WOOD DALE, Ill. , Nov. 12, 2024 /PRNewswire/ -- AAR CORP.
AAR earns 2025 Military Friendly® Employer and Spouse Employer designations
WOOD DALE, Ill. , Nov. 11, 2024 /PRNewswire/ -- AAR CORP.
Airbus share price forecast: here's why it's ripe for take-off
Airbus (AIR) share price has remained on edge this year as supply chain issues have offset its strong demand and growing market share. The stock has barely moved and is about 18% below its highest lev...
Trax powers WestJet's digital transformation with additional mobile and paperless solutions
Trax has proudly provided WestJet Airlines with aircraft maintenance solutions for more than 20 years and has now transitioned the airline to the web-based Trax eMRO product, eMobility apps, and Trax ...
AAR Corp.: Leveraging Aftermarket Growth And Capacity Expansion
AAR Corp. reported robust year-over-year sales growth of 20.4% in 1Q25, driven by increased demand and volume in the commercial aerospace sector, particularly within its parts supply segment. The comp...
AAR Corp: Why I Believe This Aerospace Stock Can Fly Higher
Despite underperforming the S&P 500, AAR's robust aftermarket demand and capacity expansions suggest significant upside, maintaining a buy rating with an $86 FY26 price target. Sales grew 20% in Q1 FY...
AAR awarded five-year P-8A Poseidon engine overhaul contract by U.S. Navy
WOOD DALE, Ill. , Sept. 26, 2024 /PRNewswire/ -- AAR CORP.
Airinmar signs repair cycle management services extension with Singapore Airlines
BERKSHIRE, England , Sept. 25, 2024 /PRNewswire/ -- AAR CORP.
AAR Corp. (AIR) Q1 2025 Earnings Call Transcript
AAR Corp. (NYSE:AIR) Q1 2025 Earnings Conference Call September 23, 2024 5:00 PM ET Company Participants John Holmes - Chairman, President and CEO Sean Gillen - Chief Financial Officer Conference Cal...
AAR reports first quarter fiscal year 2025 results
First quarter sales of $662 million, up 20% over the prior year First quarter GAAP diluted earnings per share of $0.50 compared to a loss per share of $0.02 in Q1 FY2024 First quarter adjusted diluted...
AAR awarded five-year contract to perform airframe maintenance for U.S. Navy's P-8A Poseidon fleet
WOOD DALE, Ill. , Sept. 23, 2024 /PRNewswire/ -- AAR CORP.
AAR and Defense Logistics Agency Land and Maritime sign Supply Chain Alliance, formalizing commitment to strengthening joint support of the warfighter
WOOD DALE, Ill. , Sept. 16, 2024 /PRNewswire/ -- AAR CORP.
AAR to announce first quarter fiscal year 2025 results on September 23, 2024
WOOD DALE, Ill. , Sept. 9, 2024 /PRNewswire/ -- AAR CORP.
AAR CORP. announces September 2024 investor conference schedule
WOOD DALE, Ill. , Aug. 28, 2024 /PRNewswire/ -- AAR CORP.
AAR and Ontic expand relationship with multiple long-term distribution agreements
WOOD DALE, Ill. , July 24, 2024 /PRNewswire/ -- AAR CORP.
AAR Corp.: Record Quarter Boosted By New Parts Distribution And Triumph Acquisition
AAR Corp. reports strong year-over-year top line growth in FY2024, with consolidated sales increasing to $2.318 billion. Additionally, its adjusted margins expanded as well. Contract wins with Sumitom...
Airbus takes on Boeing with new orders close to $4 billion from Japan Airlines and Virgin Atlantic
Airbus SE (EPA: AIR) is intensifying the competition with Boeing by securing significant new orders at the Farnborough Airshow. On Tuesday, the aerospace giant announced substantial deals with Japan ...
AAR awarded on TIME's America's Best Mid-Size Companies 2024 list
WOOD DALE, Ill. , July 22, 2024 /PRNewswire/ -- AAR CORP.
AAR Corp. (AIR) Q4 2024 Earnings Call Transcript
AAR Corp. (NYSE:AIR) Q4 2024 Earnings Conference Call July 18, 2024 5:00 PM ET Company Participants John Holmes - Chairman, President and CEO Sean Gillen - Chief Financial Officer Conference Call Par...
AAR reports record fourth quarter and fiscal year 2024 results
Record fourth quarter sales of $657 million, up 19% over the prior year Fourth quarter GAAP diluted earnings per share from continuing operations of $0.26, compared to $0.66 in Q4 FY2023 Record fourth...
AAR to announce fourth quarter fiscal year 2024 results on July 18, 2024
WOOD DALE, Ill. , July 2, 2024 /PRNewswire/ -- AAR CORP.
AAR named among America's Greatest Workplaces 2024 by Newsweek
This award recognizes AAR's impact and commitment to delivering employee satisfaction through the Company's people-oriented culture, competitive compensation, and career development opportunities. WOO...
Here's why Boeing (BA) and Airbus (AIR) shares are falling
Shares of Boeing (NYSE: BA) and Airbus (EPA: AIR) have been under pressure recently due to a combination of poor sales performance and increasing scrutiny over safety and manufacturing practices. Boei...