Press coverage about AAR (NYSE:AIR) has been trending somewhat positive this week, Accern reports. The research firm identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. AAR earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned news coverage about the aerospace company an impact score of 46.5252068610322 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:
Several research analysts recently weighed in on AIR shares. Canaccord Genuity restated a “hold” rating and issued a $40.00 price objective on shares of AAR in a research report on Friday, October 13th. Noble Financial restated a “buy” rating on shares of AAR in a research report on Friday, December 22nd. TheStreet cut shares of AAR from a “b” rating to a “c+” rating in a research report on Thursday, December 21st. Credit Suisse Group raised shares of AAR from a “neutral” rating to an “outperform” rating in a research note on Friday. Finally, Zacks Investment Research raised shares of AAR from a “sell” rating to a “hold” rating in a research note on Friday, September 22nd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $42.25.
AAR (NYSE AIR) traded up $2.82 during trading on Monday, hitting $41.73. 394,100 shares of the stock were exchanged, compared to its average volume of 304,178. AAR has a one year low of $31.23 and a one year high of $44.04. The firm has a market cap of $1,450.00, a P/E ratio of 90.72 and a beta of 1.36. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.23 and a current ratio of 2.65.
AAR (NYSE:AIR) last released its quarterly earnings results on Thursday, December 21st. The aerospace company reported $0.35 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by ($0.02). The company had revenue of $449.70 million during the quarter, compared to the consensus estimate of $450.56 million. AAR had a net margin of 1.25% and a return on equity of 5.61%. The firm’s revenue was up 6.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.35 earnings per share. analysts expect that AAR will post 1.81 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, February 5th. Stockholders of record on Monday, January 22nd will be issued a dividend of $0.075 per share. The ex-dividend date of this dividend is Friday, January 19th. This represents a $0.30 annualized dividend and a dividend yield of 0.72%. AAR’s dividend payout ratio is presently 65.22%.
In other AAR news, Director Ronald R. Fogleman sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, December 29th. The shares were sold at an average price of $33.47, for a total value of $100,410.00. Following the sale, the director now owns 23,406 shares in the company, valued at $783,398.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 9.33% of the company’s stock.
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AAR Company Profile
AAR CORP. (AAR) is a provider of services and products to the commercial aviation and government and defense markets. The Company operates in two segments: Aviation Services, which consists of supply chain and maintenance, repair and overhaul (MRO) activities, and Expeditionary Services, which includes airlift and mobility activities.
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