AAR Corp. (AIR)
| Market Cap | 2.45B |
| Revenue (ttm) | 2.32B |
| Net Income (ttm) | 45.80M |
| Shares Out | 35.21M |
| EPS (ttm) | 1.29 |
| PE Ratio | 53.91 |
| Forward PE | 18.42 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 317,908 |
| Open | 70.00 |
| Previous Close | 68.89 |
| Day's Range | 68.68 - 70.05 |
| 52-Week Range | 54.71 - 76.34 |
| Beta | 1.56 |
| Analysts | Strong Buy |
| Price Target | 83.50 (+20.06%) |
| 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]
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 20.06% from the latest price.
News
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...
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 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...
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 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...
AAR Corp. (AIR) Q3 2024 Earnings Call Transcript
AAR Corp. (AIR) Q3 2024 Earnings Call Transcript