AAR Corp. (AIR)
| Market Cap | 2.38B |
| Revenue (ttm) | 2.32B |
| Net Income (ttm) | 46.30M |
| Shares Out | 35.71M |
| EPS (ttm) | 1.29 |
| PE Ratio | 51.64 |
| Forward PE | 15.94 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 256,113 |
| Open | 67.20 |
| Previous Close | 66.28 |
| Day's Range | 66.17 - 67.96 |
| 52-Week Range | 55.00 - 76.34 |
| Beta | 1.55 |
| Analysts | Strong Buy |
| Price Target | 83.50 (+25.34%) |
| Earnings Date | Jul 18, 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 $83.5, which is an increase of 25.34% from the latest price.
News
AAR and Ontic expand relationship with multiple long-term distribution agreements
WOOD DALE, Ill. , July 24, 2024 /PRNewswire/ -- AAR CORP.
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 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...
AAR expands electronics distribution relationship with OTTO Engineering, Inc.
WOOD DALE, Ill. , June 13, 2024 /PRNewswire/ -- AAR CORP.
AAR awarded on the USA TODAY America's Best Climate Leaders 2024 list
WOOD DALE, Ill. , May 30, 2024 /PRNewswire/ -- AAR CORP.
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.
AAR to participate in the Stifel Cross Sector Insight Conference on June 5, 2024
WOOD DALE, Ill. , May 23, 2024 /PRNewswire/ -- AAR CORP.
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.
AAR signs extension and expansion of V2500 engine component distribution agreement with Sumitomo Precision Products
WOOD DALE, Ill. , April 11, 2024 /PRNewswire/ -- AAR CORP.
AAR awarded Supplier of the Year by Atlas Air Worldwide
WOOD DALE, Ill. , April 9, 2024 /PRNewswire/ -- AAR CORP.
AAR breaks ground on MRO facility expansion in Oklahoma City
The new facility is expected to be operational in early 2026. WOOD DALE, Ill.
AAR announces exclusive commercial distribution agreement with TRIUMPH
WOOD DALE, Ill. , April 4, 2024 /PRNewswire/ -- AAR CORP.
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.
AAR reports third quarter fiscal year 2024 results
Record third quarter sales of $567 million, up 9% over the prior year Third quarter GAAP diluted earnings per share from continuing operations of $0.39, compared to $0.62 in Q3 FY2023 Record third qua...
AAR elects Jeffrey N. Edwards to its Board of Directors
WOOD DALE, Ill., March 20, 2024 /PRNewswire/ -- AAR CORP.
AAR, Cebu Pacific sign CFM56-5B surplus material agreement
WOOD DALE, Ill. , March 20, 2024 /PRNewswire/ -- AAR CORP.
AAR to announce third quarter fiscal year 2024 results on March 21, 2024
WOOD DALE, Ill. , March 7, 2024 /PRNewswire/ -- AAR CORP.
AAR completes acquisition of Triumph Group's Product Support business
Also completed financings to fund the Acquisition, consisting of $550 million notes offering and an amendment to AAR's existing revolving credit facility, upsizing the facility from $620 million to $8...
TRIUMPH COMPLETES SALE OF PRODUCT SUPPORT BUSINESS TO AAR
RADNOR, Pa. , March 1, 2024 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") announced today that it has completed the sale of its Product Support business to AAR CORP.
Airinmar signs extension of aircraft warranty and value engineering services with Philippine Airlines
BERKSHIRE, England , Feb. 21, 2024 /PRNewswire/ -- AAR (NYSE: AIR) subsidiary Airinmar, a leading independent provider of component repair cycle management and aircraft warranty solutions, has signed ...
AAR Prices Upsized Offering of Senior Notes to Finance Triumph Product Support Acquisition
WOOD DALE, Ill. , Feb. 14, 2024 /PRNewswire/ -- AAR CORP.