AAR Corp. (NYSE:AIR) Relative Strength Index (RSI) is 45.12, with weekly volatility at 2.82% and ATR at 1.25. The AIR stock’s 52-week price range has touched low of $16.53 and a $45.49 high. Intraday shares traded counted 0.35 million, which was -15.94% lower than its 30-day average trading volume of 300.20K. Its shares traded lower over the last trading session, losing -1.34% on 06/10/21. The shares fell to a low of $39.52 before closing at $39.72. AIR’s previous close was $40.26 while the outstanding shares total 35.00M. The firm has a beta of 1.78, a 12-month trailing P/E ratio of 86.16, and a growth ratio of 11.67.
Investors have identified the Aerospace & Defense company AAR Corp. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $1.40 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
AAR Corp. (AIR) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 1.03 billion total, with 387.7 million as their total liabilities.
AIR were able to record 74.0 million as free cash flow during the 09/30/2021 quarter of the year, this saw their quarterly net cash flow reduce by -312.1 million. In cash movements, the company had a total of 82.6 million as operating cash flow.
Potential earnings growth for AAR Corp. (AIR)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 09/30/2021 quarter of the year, AAR Corp. recorded a total of 410.3 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -34.8% coming in sequential stages and their sales for the 09/30/2021 quarter increasing by 1.63%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 324.3 million trying to sell their products during the last quarter, with the result yielding a gross income of 86.0 million. This allows shareholders to hold on to 35.00M with the recently reported earning now reading 0.79 cents per share. This is a figure that compared to analyst’s prediction for their 09/30/2021 (0.37 cents a share).
Having a look at the company’s valuation, the company is expected to record 2.28 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on AIR sounds very interesting.
Is the stock of AIR attractive?
In related news, Director, STORCH DAVID P sold 2,000 shares of the company’s stock in a transaction that recorded on Apr 06. The sale was performed at an average price of 42.12, for a total value of 84,236. As the sale deal closes, the Director, STORCH DAVID P now sold 22,724 shares of the company’s stock, valued at 957,594. Also, President & CEO, Holmes John McClain III sold 6,623 shares of the company’s stock in a deal that was recorded on Mar 30. The shares were price at an average price of 42.09 per share, with a total market value of 278,740. Following this completion of acquisition, the President & CEO, Holmes John McClain III now holds 7,762 shares of the company’s stock, valued at 338,511. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.50%.
5 out of 5 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on AAR Corp.. 0 analysts has assigned a Sell rating on the AIR stock. The 12-month mean consensus price target for the company’s shares has been set at $49.60.