AAR Corp. (AIR)

NYSE: AIR · IEX Real-Time Price · USD
46.55
+0.09 (0.19%)
Nov 25, 2022 1:00 PM EDT - Market closed
0.19%
Market Cap 1.64B
Revenue (ttm) 1.81B
Net Income (ttm) 89.90M
Shares Out 35.42M
EPS (ttm) 2.46
PE Ratio 18.92
Forward PE 15.34
Dividend n/a
Ex-Dividend Date n/a
Volume 81,363
Open 46.47
Previous Close 46.46
Day's Range 46.14 - 46.72
52-Week Range 31.89 - 52.83
Beta 1.58
Analysts Buy
Price Target 51.00 (+9.6%)
Earnings Date Dec 19, 2022

About AIR

AAR Corp. provides products and services to commercial aviation, government, and defense markets worldwide. The Aviation Services segment offers aftermarket support and services; inventory management and distribution services; and maintenance, repair, and overhaul, as well as engineering services. This segment also sells and leases new, overhauled, and repaired engine and airframe parts, and components; and provides inventory and repair programs, warranty claim management, and outsourcing programs for engine and airframe parts and components, a... [Read more]

Industry Aerospace & Defense
IPO Date Jan 1, 1988
CEO John Holmes
Employees 4,500
Stock Exchange NYSE
Ticker Symbol AIR
Full Company Profile

Financial Performance

In 2022, AAR Corp.'s revenue was $1.82 billion, an increase of 10.15% compared to the previous year's $1.65 billion. Earnings were $78.70 million, an increase of 119.83%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for AIR stock is "Buy." The 12-month stock price forecast is 51, which is an increase of 9.56% from the latest price.

Price Target
$51
(9.56% upside)
Analyst Consensus: Buy
Stock Forecasts

News

AAR earns 2023 Military Friendly® Employer designations

Wood Dale, Illinois, Nov. 11, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today that it earn...

2 weeks ago - GlobeNewsWire

AAR launches 2022 Environmental, Social, and Governance (ESG) Report

Wood Dale, Illinois, Oct. 31, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, released its 2022 Environmen...

3 weeks ago - GlobeNewsWire

5 Stocks That Have Crushed the Market This Year

The good news is that they all have more room to run.

Other symbols: BKRHUBBHXLRTX
4 weeks ago - The Motley Fool

AAR expands long-term relationship with Unison Industries to become global exclusive distributor for multiple product...

Wood Dale, Illinois, Oct. 05, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, signed a long-term agreement...

1 month ago - GlobeNewsWire

Unison Industries expands long-term relationship with AAR

CINCINNATI--(BUSINESS WIRE)--Unison Industries today announced the expansion of a long-standing relationship with AAR CORP. (NYSE: AIR) as the exclusive worldwide aftermarket distributor for Unison Indu...

1 month ago - Business Wire

Airinmar selected by Cebu Pacific to provide warranty management and value engineering support services

Berkshire, England, Sept. 29, 2022 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR) subsidiary Airinmar, a leading independent provider of component repair cycle management and aircraft warranty solutions, signed a ...

1 month ago - GlobeNewsWire

Why AAR Stock Is Down Today

The aerospace supplier reported mixed results on a rough day for markets.

2 months ago - The Motley Fool

AAR (AIR) Q1 Earnings Surpass Estimates, Sales Fall Y/Y

AAR (AIR) reports first-quarter fiscal 2023 adjusted earnings of 61 cents per share, which surpass the Zacks Consensus Estimate by 5.2%.

2 months ago - Zacks Investment Research

AAR (AIR) Surpasses Q1 Earnings Estimates

AAR (AIR) delivered earnings and revenue surprises of 5.17% and 1.59%, respectively, for the quarter ended August 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

AAR reports first quarter fiscal year 2023 results

WOOD DALE, Ill., Sept. 22, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today reported first quarter fi...

2 months ago - GlobeNewsWire

AAR to announce first quarter fiscal year 2023 results on September 22, 2022

Wood Dale, Illinois, Sept. 08, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it wil...

2 months ago - GlobeNewsWire

Outperforming the Market by 21% to 31% in 2022, These 3 Stocks Still Look Like a Good Value

The common theme with these three stocks is exposure to commercial aviation.

Other symbols: HXLRTX
3 months ago - The Motley Fool

AAR Mobility Systems awarded $173.5 million firm-fixed-price contract from U.S. Air Force to produce Next Generation ...

Wood Dale, Illinois, Aug. 03, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has been awarded a firm-fixe...

3 months ago - GlobeNewsWire

AAR launches additional Fellowship Programs to expand aviation maintenance technician pipeline

Wood Dale, Illinois, Aug. 02, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced the launch of Fell...

3 months ago - GlobeNewsWire

AAR's corporate Safety Management System program recognized by FAA

Wood Dale, Illinois, July 27, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, received official recognitio...

3 months ago - GlobeNewsWire

New Strong Sell Stocks for July 27th

AIR, AHEXY, and ADDYY have been added to the Zacks Rank #5 (Strong Sell) List on July 27, 2022.

3 months ago - Zacks Investment Research

AAR awarded two-year contract to support Royal Norwegian Air Force P-8A logistics

Wood Dale, Illinois, July 26, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, was awarded a two-year contr...

3 months ago - GlobeNewsWire

AAR announces implementation of Airvolution® digital repair cycle management tool with Textron Aviation Defense

Wood Dale, Illinois, July 25, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced the implementation...

4 months ago - GlobeNewsWire

New Strong Sell Stocks for July 25th

AU, AIR, and AIQUY have been added to the Zacks Rank #5 (Strong Sell) List on July 25, 2022.

Other symbols: AU
4 months ago - Zacks Investment Research

AAR (AIR) Q4 Earnings Surpass Estimates, Sales Rise Y/Y

AAR (AIR) Q4 net sales of $476.1 million surpass the Zacks Consensus Estimate of $468 million by 1.7% and also improve 8.8% from $437.6 million recorded in the year-ago quarter.

4 months ago - Zacks Investment Research

Why Shares in Aviation Services Company AAR Corp Slumped Today

A fine set of earnings, but management's commentary worried investors.

4 months ago - The Motley Fool

AAR reports fourth quarter and fiscal year 2022 results

WOOD DALE, Ill., July 21, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today reported fourth quarter fi...

4 months ago - GlobeNewsWire

New Strong Sell Stocks for July 21st

BTDPY, CABGY, and AIR have been added to the Zacks Rank #5 (Strong Sell) List on July 21, 2022.

4 months ago - Zacks Investment Research

AAR awarded first Captains of Industry contract by the U.S. Department of Defense's DLA focused on distribution of su...

Wood Dale, Illinois, July 19, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has been awarded a Captains ...

4 months ago - GlobeNewsWire

AAR to announce fourth quarter fiscal year 2022 results on July 21, 2022

Wood Dale, Illinois, July 07, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it will...

4 months ago - GlobeNewsWire