AAR Corp. (NYSE:AIR) moved up 1.15% and closed its last trading session at $34.22. This Aerospace Sector stock currently has the Market Capitalization of 1.17 Billion. The Average Volume for the stock is measured as 163.35 Million. The Stock has a 52-Week High of $38.75 and 52-Week Low of $20.95 following the dates, it touched its 52-Week High on Nov 23, 2016 and 52-Week Low on Mar 23, 2016. Currently, the Return on Assets value for the trailing twelve months is 2.6% with the Return on Equity and Return on Investment of 4.4% and 4.6% respectively. This firm currently has YTD (year to date) performance of 3.78 Percent which is awesome. The Short Ratio for the stock is 4.55.
AAR Corp. (NYSE:AIR) Price to Earnings (P/E) ratio is 26.99. EPS or Earning per Share stands at $1.27. The TTM operating margin is 4.2 percent.
AAR Corp. (NYSE:AIR) reports its Earnings on Tue 21 Mar (In 2 Days). The estimated EPS for the current quarter is said to be $0.38. Following Earnings result, share price were DOWN 14 times out of last 26 Qtrs. The stock has reduced about -8.9% since it reported its last earnings. The Closing price of AAR Corp. (NYSE:AIR) at Last Earnings was $37.56 as compared to the previous closing price of $33.83. The Predicted Move on the 7th day after AAR Corp. (NYSE:AIR) will release its earnings at about 8%.
By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, AAR Corp. (NYSE:AIR) beats earnings by 33%, The Stock Missed Earnings 6 times and has met earnings 1 times.
We will discuss the past Quarters Earnings below:
AAR Corp. (NYSE:AIR) reported its previous quarter on 12/21/2016 where it reported the Actual Earnings of $0.35. The Closing price before the company posted its earnings was $37.56. The Stock declined on the very next day of earnings and maintained its stock price at $34.19 by showing a % change of -8.97 percent from its previous closing price. The Next Day Volume after Earnings was reported as 727504. On the 7th day After Earnings Report, the stock hit its share price as $33.68 by showing -10.33% decrease from the Stock price Before Earnings were reported.
On 09/22/2016, the stock reported the EPS of $0.29 where Analysts were projecting the EPS to be $0.26 showing a difference of $0.03. Thus Surprise Factor was there with 11.5 percent. Before Earnings Announcement on 09/22/2016, the firm had its stock price of $28.94. And immediately on the next day after earnings announcement, the stock inclined 2.25% and closed its trading session at $29.59. On 7th Day after earnings release, AAR Corp. (NYSE:AIR) surged to 3.42% from $28.94 to $29.93.
On 03/22/2016, Analysts were suspecting EPS of $0.47/share where AAR Corp. (NYSE:AIR) reported its Actual EPS of $0.33. Thus showing a Surprise of -29.8 percent. The Closing Price of the stock before earnings was $21.75 while on the Next day the stock closed its trading session at $22.83 with a percentage change of 4.97% from the price of 21.75 before Earnings. The Stock Closing Price on the 7th day of earnings was $23.01.
AAR CORP. provides products and services to commercial aviation, government, and defense markets worldwide. It operates in two segments, Aviation Services and Expeditionary Services. 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 sells and leases new, overhauled, and repaired engine and airframe parts and components; and provides inventory supply and management, warranty claim management, and outsourcing programs for engine and airframe parts and components, as well as performance-based logistics programs in support of the U.S. Department of Defense (DoD) and foreign governments. It also offers airframe inspection, maintenance, repair and overhaul, painting, line maintenance, airframe modification, structural repair, avionic and installation, exterior and interior refurbishment, and engineering and support services; repairs and overhauls landing gears, wheels, and brakes; and sells and leases used commercial aircraft. The Expeditionary Services segment provides products and services supporting the movement of equipment and personnel by the U.S. DoD, foreign governments, and non-governmental organizations. This segments expeditionary airlift services offer fixed- and rotary-wing flight operations, such as search and rescue operations and transporting personnel and cargo. It designs, manufactures, and repairs transportation pallets, and various containers and shelters; and provides engineering, design, and system integration services for command and control systems. The company primarily markets and sells products and services through its employees and foreign sales representatives. As of May 31, 2016, the companys portfolio consisted of three aircraft owned through joint ventures. AAR CORP. was founded in 1951 and is headquartered in Wood Dale, Illinois.