AAR Corp (NYSE: AIR) has reported earnings for its first fiscal quarter (ending August 31) of $0.50 versus a loss $-0.02 for the same period a year ago. E.P.S. were $1.83 for the latest four quarters through August 31 versus $1.93 for the same period a year ago — a decline of -5%.
Recent Price Action
AAR Corp (NYSE: AIR) stock closed at $69.10 on 9/23/24 after a slight decline of -0.3%. Moreover, this decline was accompanied by unusually high trading volume at 195% of normal. The stock has risen 2.2% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, AIR is expected to continue to be a Value Builder.
AAR has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. AAR has a neutral Power Rating of 54 and a neutral Appreciation Score of 54, producing the 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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