AAR Corp (NYSE: AIR) has reported E.P.S. of $0.26 for its fourth fiscal quarter (ending May 31) versus $0.67 for the same period a year ago — a decline of -61%. Relative to the consensus estimate of $0.85, this was a shortfall of $-0.59. For the latest four quarters through May 31, E.P.S. were $1.30 compared to $2.55 a year ago — a decline of -49%.
Recent Price Action
AAR Corp (NYSE: AIR) stock closed at $73.29 on 7/18/24 after a modest decline of -1.2%. Moreover, this decline was accompanied by above average trading volume at 141% of normal. The stock has risen 1.4% during the last week and has performed in line with 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. AAR has a slightly negative Appreciation Score of 36 but a slightly positive Power Rating of 63, triggering 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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