AAR Corp. (AIR)

NYSE: AIR · Real-Time Price · USD
68.89
+0.92 (1.35%)
Sep 18, 2024, 4:00 PM EDT - Market closed
1.35%
Market Cap 2.43B
Revenue (ttm) 2.32B
Net Income (ttm) 45.80M
Shares Out 35.21M
EPS (ttm) 1.29
PE Ratio 53.40
Forward PE 17.45
Dividend n/a
Ex-Dividend Date n/a
Volume 411,544
Open 68.10
Previous Close 67.97
Day's Range 67.50 - 70.10
52-Week Range 54.71 - 76.34
Beta 1.56
Analysts Strong Buy
Price Target 83.50 (+21.21%)
Earnings Date Sep 23, 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]

Sector Industrials
IPO Date Jan 1, 1988
Employees 5,700
Stock Exchange NYSE
Ticker Symbol AIR
Full Company Profile

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 Statements

Analyst Forecast

According to 5 analysts, the average rating for AIR stock is "Strong Buy." The 12-month stock price forecast is $83.5, which is an increase of 21.21% from the latest price.

Price Target
$83.5
(21.21% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

AAR to announce first quarter fiscal year 2025 results on September 23, 2024

WOOD DALE, Ill. , Sept. 9, 2024 /PRNewswire/ -- AAR CORP.

9 days ago - PRNewsWire

AAR CORP. announces September 2024 investor conference schedule

WOOD DALE, Ill. , Aug. 28, 2024 /PRNewswire/ -- AAR CORP.

21 days ago - PRNewsWire

AAR and Ontic expand relationship with multiple long-term distribution agreements

WOOD DALE, Ill. , July 24, 2024 /PRNewswire/ -- AAR CORP.

2 months ago - PRNewsWire

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...

2 months ago - Seeking Alpha

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 ...

2 months ago - Invezz

AAR awarded on TIME's America's Best Mid-Size Companies 2024 list

WOOD DALE, Ill. , July 22, 2024 /PRNewswire/ -- AAR CORP.

2 months ago - PRNewsWire

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...

2 months ago - Seeking Alpha

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...

2 months ago - PRNewsWire

AAR to announce fourth quarter fiscal year 2024 results on July 18, 2024

WOOD DALE, Ill. , July 2, 2024 /PRNewswire/ -- AAR CORP.

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

Other symbols: BA
3 months ago - Invezz

AAR expands electronics distribution relationship with OTTO Engineering, Inc.

WOOD DALE, Ill. , June 13, 2024 /PRNewswire/ -- AAR CORP.

3 months ago - PRNewsWire

AAR awarded on the USA TODAY America's Best Climate Leaders 2024 list

WOOD DALE, Ill. , May 30, 2024 /PRNewswire/ -- AAR CORP.

3 months ago - PRNewsWire

AAR named to Newsweek's America's Greatest Workplaces for Diversity 2024

This award recognizes AAR's dedication to supporting a diverse workforce and inclusive work environment for the second consecutive year. WOOD DALE, Ill.

4 months ago - PRNewsWire

AAR Corp.: Aircraft Delivery Constraints Increasing Aftermarket Demand

AIR has shown consistent top-line growth over the past three years. Additionally, its profit margins over that period also expanded annually. The acquisition of Triumph Group's product support busines...

4 months ago - Seeking Alpha

AAR to participate in the Stifel Cross Sector Insight Conference on June 5, 2024

WOOD DALE, Ill. , May 23, 2024 /PRNewswire/ -- AAR CORP.

4 months ago - PRNewsWire

AAR to participate in the Bank of America Transportation, Airlines and Industrials Conference on May 16, 2024

WOOD DALE, Ill. , May 2, 2024 /PRNewswire/ -- AAR CORP.

4 months ago - PRNewsWire

AAR signs extension and expansion of V2500 engine component distribution agreement with Sumitomo Precision Products

WOOD DALE, Ill. , April 11, 2024 /PRNewswire/ -- AAR CORP.

5 months ago - PRNewsWire

AAR awarded Supplier of the Year by Atlas Air Worldwide

WOOD DALE, Ill. , April 9, 2024 /PRNewswire/ -- AAR CORP.

5 months ago - PRNewsWire

AAR breaks ground on MRO facility expansion in Oklahoma City

The new facility is expected to be operational in early 2026. WOOD DALE, Ill.

5 months ago - PRNewsWire

AAR announces exclusive commercial distribution agreement with TRIUMPH

WOOD DALE, Ill. , April 4, 2024 /PRNewswire/ -- AAR CORP.

5 months ago - PRNewsWire

Top 5 Industrials Stocks That Could Blast Off This Quarter - Asure Software (NASDAQ:ASUR), AAR (NYSE:AIR)

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Other symbols: ASURFWRDGTECHTLD
6 months ago - Benzinga

AAR Corp. Stock Remains A Buy After Share Price Tumbles

AAR Corp. stock is trading more than 6% lower after reporting third quarter earnings. The company's stock retreated after announcing an acquisition that would add 13% in sales and 38% in adjusted oper...

6 months ago - Seeking Alpha

AAR Corp. (AIR) Q3 2024 Earnings Call Transcript

AAR Corp. (AIR) Q3 2024 Earnings Call Transcript

6 months ago - Seeking Alpha