AAR Corp. (AIR)
| Market Cap | 2.22B |
| Revenue (ttm) | 2.17B |
| Net Income (ttm) | 68.20M |
| Shares Out | 35.50M |
| EPS (ttm) | 1.92 |
| PE Ratio | 32.50 |
| Forward PE | 17.36 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 250,279 |
| Open | 62.58 |
| Previous Close | 62.74 |
| Day's Range | 62.00 - 62.95 |
| 52-Week Range | 44.21 - 73.95 |
| Beta | 1.66 |
| Analysts | Strong Buy |
| Price Target | 74.25 (+18.99%) |
| Earnings Date | Dec 21, 2023 |
About AIR
AAR Corp. provides products and services to commercial aviation, government, and defense markets worldwide. It operates through Aviation Services and Expeditionary Services segments. The Aviation Services segment engages in lease and sale of new, overhauled and repaired engine, and airframe parts and components, as well as aircrafts; and offers customized flight hour component inventory and repair, warranty claim management, and outsourcing programs for engine and airframe parts and components. This segment also provides fleet management and op... [Read more]
Financial Performance
In 2023, AAR Corp.'s revenue was $1.99 billion, an increase of 9.37% compared to the previous year's $1.82 billion. Earnings were $90.20 million, an increase of 14.61%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for AIR stock is "Strong Buy." The 12-month stock price forecast is $74.25, which is an increase of 18.99% from the latest price.
News
AAR signs extension and expansion of flight-hour component support agreement with ASL Aviation Holdings DAC
WOOD DALE, Ill. , Dec. 27, 2023 /PRNewswire/ -- AAR CORP.
AAR reports second quarter fiscal year 2024 results
WOOD DALE, Ill., Dec. 21, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today reported second quarter ...
AAR announces agreement to acquire Triumph Group's Product Support business, a leading provider of MRO services to the global aviation aftermarket
Meaningfully scales AAR's repair capabilities and is highly complementary to existing portfolio Significantly accretive to margins and expands customer base and global footprint Expected run-rate cos...
TRIUMPH ANNOUNCES SALE OF PRODUCT SUPPORT BUSINESS TO AAR
TRANSACTION EXPECTED TO MEANINGFULLY STRENGTHEN TRIUMPH'S BALANCE SHEET AND FOCUS COMPANY ON ITS OEM AND IP-BASED AFTERMARKET BUSINESS RADNOR, Pa. , Dec. 21, 2023 /PRNewswire/ -- Triumph Group, Inc. ...
AAR adds Woodward, Inc. (66503) distribution support under Supplier Capability Contract with DLA Aviation
Wood Dale, Illinois, Dec. 11, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has added distribution sup...
AAR to announce second quarter fiscal year 2024 results on December 21, 2023
Wood Dale, Illinois, Dec. 07, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it wi...
AAR announces extension and expansion of Alaska Airlines MRO relationship, expected facility expansion in Oklahoma City
The agreement is expected to bolster AAR's workforce development efforts, benefiting both companies, the industry, and the Oklahoma labor market. The agreement is expected to bolster AAR's workforce d...
Airinmar selected by Pegasus to provide warranty management services
Berkshire, England, Nov. 16, 2023 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR) subsidiary Airinmar, a leading independent provider of component repair cycle management and aircraft warranty solutions, signed a...
AAR earns 2024 Military Friendly® Employer designations
Wood Dale, Illinois, Nov. 15, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today that it ha...
AAR launches 2023 ESG Summary Report
Wood Dale, Illinois, Nov. 08, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, launched its 2023 ESG Summ...
AAR and MTU Maintenance extend Pratt & Whitney PW2000 aircraft engine parts supply agreement
Wood Dale, Illinois, Oct. 17, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed a multi-year co...
AAR elects Billy Nolen to its Board of Directors
Wood Dale, Illinois, Oct. 12, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today that Billy...
A Government Shutdown Won't Hurt This Aerospace Stock
Airplane parts firm AAR reported a strong fiscal first quarter. A shutdown won't materially impact the company because previously awarded contracts keep paying.
AAR reports first quarter fiscal year 2024 results
WOOD DALE, Ill., Sept. 26, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today reported first quarter ...
AAR signs exclusive foreign military distribution agreement with Pall Corporation
Wood Dale, Illinois, Sept. 20, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed an exclusive m...
AAR to announce first quarter fiscal year 2024 results on September 26, 2023
Wood Dale, Illinois, Sept. 12, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it w...
AAR and Moog Inc. sign two multi-year commercial agreements
Wood Dale, Illinois, Aug. 29, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed two multi-year ...
AAR's Miami Airframe MRO facility expansion approved by Miami-Dade County
Wood Dale, Illinois, July 19, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has received approval from...
AAR Corp. stock rallies after air-travel rebound lifts sales
Shares of AAR Corp. AIR, +2.43% rose after hours on Tuesday after the aviation-service company reported fiscal fourth-quarter results that beat analysts' expectations, helped by a broader rebound in a...
AAR reports record fourth quarter and fiscal year 2023 results
WOOD DALE, Ill., July 18, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today reported fourth quarter ...
AAR announces extension and expansion of United Airlines MRO relationship, expected facility expansion in Miami
This agreement is expected to bolster AAR's workforce development efforts, benefiting both companies, the industry, and multiple labor markets. This agreement is expected to bolster AAR's workforce de...
AAR names Andrew Schmidt Senior Vice President of AAR Digital Services and Trax
Company looks to accelerate expansion of digital product offerings to new and existing customers Company looks to accelerate expansion of digital product offerings to new and existing customers
AAR named to Newsweek's America's Greatest Workplaces 2023
This award recognizes AAR's commitment to empowering, promoting, developing, and supporting employees. This award recognizes AAR's commitment to empowering, promoting, developing, and supporting emplo...
AAR named to Newsweek's America's Greatest Workplaces for Diversity 2023
This award recognizes AAR's commitment to delivering an inclusive, respectful work environment and its positive impact on employees. This award recognizes AAR's commitment to delivering an inclusive, ...
AAR to announce fourth quarter fiscal year 2023 results on July 18, 2023
Wood Dale, Illinois, July 05, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it wi...