AAR Corp

AAR Corp Stock Forecast & Price Prediction

Live AAR Corp Stock (AIR) Price
$65.27

6

Ratings

  • Buy 3
  • Hold 3
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$65.27

P/E Ratio

35.93

Volume Traded Today

$217,900

Dividend

$0.075

52 Week High/low

76.34/54.71

AAR Corp Market Cap

$2.33B

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AIR Summary

From what 6 stock analysts predict, the share price for AAR Corp (AIR) might increase by 27.16% in the next year. This is based on a 12-month average estimation for AIR. Price targets go from $81 to $85. The majority of stock analysts believe AIR is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

AIR Analyst Ratings

About 6 Wall Street analysts have assignedAIR 3 buy ratings, 3 hold ratings, and 0 sell ratings. This means that analysts expect AAR Corp to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on AIR. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

AIR stock forecast by analyst

These are the latest 20 analyst ratings of AIR.

Analyst/Firm

Rating

Price Target

Change

Date

Ken Herbert
RBC Capital

Outperform

$85

Reiterates

Sep 24, 2024
Josh Sullivan
Benchmark

Buy

$83

Reiterates

Sep 24, 2024
Bert Subin
Stifel

Buy

$85

Maintains

Jul 19, 2024
Ken Herbert
RBC Capital

Outperform

$85

Maintains

Jul 19, 2024
Ken Herbert
RBC Capital

Outperform

$80

Reiterates

May 24, 2024
Bert Subin
Stifel

Buy

$86

Maintains

May 14, 2024
Josh Sullivan
Benchmark

Buy

$83

Maintains

Apr 15, 2024
Ken Herbert
RBC Capital

Outperform

$80

Reiterates

Mar 22, 2024
Josh Sullivan
Benchmark

Buy

$65

Reiterates

Mar 22, 2024
Louie DiPalma
William Blair

Outperform


Initiates

Jan 29, 2024
Bert Subin
Stifel

Buy

$81

Maintains

Dec 22, 2023
Michael Ciarmoli
Truist Securities

Buy

$81

Maintains

Dec 22, 2023
Bert Subin
Stifel

Buy

$80

Initiates

Dec 1, 2023
Ken Herbert
RBC Capital

Outperform

$70

Maintains

Sep 27, 2023
Josh Sullivan
Benchmark

Buy

$65

Reiterates

Sep 27, 2023
Ken Herbert
RBC Capital

Outperform

$66

Maintains

Jul 19, 2023
Michael Ciarmoli
Truist Securities

Buy

$68

Maintains

Jul 19, 2023
Josh Sullivan
Benchmark

Buy

$55

Maintains

Mar 22, 2023
Michael Ciarmoli
Truist Securities

Buy

$60

Maintains

Mar 22, 2023
Ken Herbert
RBC Capital

Outperform

$58

Maintains

Mar 22, 2023

AIR Company Information

What They Do: Provides aviation products and services globally.

Business Model: The company operates through four segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services. It generates revenue by leasing and selling aircraft components, providing maintenance and repair services, managing customer-owned aircraft fleets, and offering supply chain logistics and integrated software solutions.

Other Information: Founded in 1951 and headquartered in Wood Dale, Illinois, AAR Corp. serves commercial aviation, government, and defense markets. It also designs and manufactures military tactical deployment equipment, showcasing its diverse capabilities in both aviation and defense sectors.
AIR
AAR Corp (AIR)

When did it IPO

1984

Staff Count

5,700

Country

United States

Sector/Industry

Industrials/Aerospace & Defense

CEO

Mr. John McClain Holmes III

Market Cap

$2.33B

AAR Corp (AIR) Financial Data

In 2023, AIR generated $1.99B in revenue, which was a increase of 9.37% from the previous year. This can be seen as a signal that AIR's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$1.65B

0.00 %
From Previous Year

Revenue From 2022

$1.82B

10.15 %
From Previous Year

Revenue From 2023

$1.99B

9.37 %
From Previous Year
  • Revenue TTM $2.43B
  • Operating Margin TTM 6.2%
  • Gross profit TTM $442.3M
  • Return on assets TTM 4.4%
  • Return on equity TTM 5.6%
  • Profit Margin 2.7%
  • Book Value Per Share 34.31%
  • Market capitalisation $2.33B
  • Revenue for 2021 $1.65B
  • Revenue for 2022 $1.82B
  • Revenue for 2023 $1.99B
  • EPS this year (TTM) $1.81

AAR Corp (AIR) Latest News

News Image

Tue, 01 Oct 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - AIR, BZH, and BRY have been assigned a Zacks Rank #5 (Strong Sell) as of October 1, 2024, indicating a potential decline in their stock performance.

Why It Matters - The addition of AIR, BZH, and BRY to the Zacks Rank #5 list signals potential underperformance, suggesting investors may want to reconsider their positions in these stocks.

News Image

Mon, 30 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Trax has transitioned WestJet Airlines to its web-based eMRO product and cloud hosting, enhancing mobile maintenance solutions for improved operational flexibility.

Why It Matters - Trax's upgrade of WestJet's maintenance solutions enhances operational efficiency and flexibility, potentially leading to cost savings and improved service quality, positively impacting investor sentiment.

News Image

Mon, 30 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - AIR secures a contract with the U.S. Navy for maintenance and repair services of the P-8A Poseidon Aircraft, indicating a growth opportunity in defense contracts.

Why It Matters - AIR's contract with the U.S. Navy enhances its revenue stream and credibility in defense, potentially boosting stock value and attracting investment interest.

News Image

Sun, 29 Sep 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - AAR's Q1 FY25 sales rose 20%, supported by aftermarket demand. Despite risks, a buy rating and $86 FY26 price target reflect growth potential from capacity expansions.

Why It Matters - AAR's strong Q1 sales growth and capacity expansions signal potential upside, despite current underperformance. A buy rating and $86 target reflect confidence in future profitability amidst risks.

News Image

Mon, 30 Sep 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - AAR Corp. reported 20.4% sales growth in Q1 2025, driven by increased demand in commercial aerospace, particularly parts supply. Strong growth potential is expected from MRO demand exceeding supply.

Why It Matters - AAR Corp.'s 20.4% sales growth signals strong demand in aerospace, indicating potential for sustained profitability and market share gains amid increasing MRO demand outpacing supply.

News Image

Wed, 25 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - AIR reported Q1 net sales of $661.7 million, exceeding estimates by 2.5% and up 20.4% from $549.7 million year-over-year.

Why It Matters - AIR's strong sales growth and beat of analyst estimates indicate robust demand and potential for continued profitability, positively influencing investor sentiment and stock performance.

...

AIR Frequently asked questions

The highest forecasted price for AIR is $85 from Ken Herbert at RBC Capital.

The lowest forecasted price for AIR is $81 from Michael Ciarmoli from Truist Securities

The AIR analyst ratings consensus are 3 buy ratings, 3 hold ratings, and 0 sell ratings.