Alert: Negative Investment/Fundamental Signals (10/31/24)-AAR Corp (NYSE: AIR)

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Recent exceptional negative changes in investment behavior have affected AAR Corp (NYSE: AIR): negative upside/downside volume developed, and its shorter term price trend turned down.

Recent meaningful negative changes in fundamentals have impacted AAR Corp (NYSE: AIR): the consensus estimate for May, 2024 decreased significantly, and the consensus estimate for May, 2025 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. AAR has a slightly positive Appreciation Score of 62 but a slightly negative Power Rating of 36, with the Neutral Value Trend Rating the result.

Recent Price Action

On 10/31/24, AAR Corp (NYSE: AIR) stock declined by -3.1%, closing at $58.70. However, this decline was accompanied by below average trading volume at 71% of normal. The stock has performed in line with the market over the last nine months and has declined -4.5% during the last week.

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