For its second fiscal quarter (ending November 30), AAR Corp (NYSE: AIR) has reported a 3% increase in E.P.S. from $0.65 a year ago to $0.67 in the current quarter. For the latest four quarters through November 30, E.P.S. were $1.96 compared to $2.59 a year ago — a decline of -24%.
Recent Price Action
AAR Corp (NYSE: AIR) stock declined slightly by -0.2% on 12/21/23. The stock closed at $70.79. Moreover, this decline was accompanied by exceptionally high trading volume at 263% of normal. The stock has declined -0.8% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
AIR is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
AAR has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. AAR has a slightly negative Appreciation Score of 35 but a very high Power Rating of 91, producing the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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