Media headlines about Wesco Aircraft Holdings (NYSE:WAIR) have been trending somewhat positive recently, Accern reports. The research firm identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Wesco Aircraft Holdings earned a news impact score of 0.10 on Accern’s scale. Accern also gave news articles about the aerospace company an impact score of 45.6492876357044 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- Wesco Aircraft Holdings, Inc. breached its 50 day moving average in a Bearish Manner : WAIR-US : November 8, 2017 (finance.yahoo.com)
- Wesco Aircraft Holdings, Inc. (WAIR) to Release Quarterly Earnings on Thursday (americanbankingnews.com)
- Wesco Aircraft Holdings, Inc. (WAIR) Lowered to Hold at BidaskClub (americanbankingnews.com)
- Wesco Aircraft Holdings, Inc. – Value Analysis (NYSE:WAIR) : November 7, 2017 (finance.yahoo.com)
- Wesco Aircraft Holdings, Inc. breached its 50 day moving average in a Bearish Manner : WAIR-US : November 6, 2017 (finance.yahoo.com)
Several equities research analysts have commented on the company. BidaskClub lowered Wesco Aircraft Holdings from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, October 31st. TheStreet lowered Wesco Aircraft Holdings from a “c” rating to a “d+” rating in a research report on Tuesday, August 8th. SunTrust Banks, Inc. reiterated a “buy” rating and set a $12.00 target price on shares of Wesco Aircraft Holdings in a research report on Monday, October 2nd. Cowen and Company reiterated a “hold” rating on shares of Wesco Aircraft Holdings in a research report on Wednesday, August 9th. Finally, ValuEngine lowered Wesco Aircraft Holdings from a “buy” rating to a “hold” rating in a research report on Thursday, August 17th. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company. Wesco Aircraft Holdings currently has a consensus rating of “Hold” and a consensus price target of $10.60.
Shares of Wesco Aircraft Holdings (NYSE WAIR) traded down $0.10 during trading hours on Friday, hitting $8.60. The stock had a trading volume of 122,100 shares, compared to its average volume of 570,235. Wesco Aircraft Holdings has a 52-week low of $6.95 and a 52-week high of $15.78. The stock has a market cap of $846.54, a price-to-earnings ratio of 10.84, a price-to-earnings-growth ratio of 1.47 and a beta of 0.74. The company has a quick ratio of 1.19, a current ratio of 4.06 and a debt-to-equity ratio of 1.16.
In other news, CEO Todd Renehan acquired 5,100 shares of Wesco Aircraft Holdings stock in a transaction that occurred on Tuesday, August 15th. The stock was purchased at an average cost of $7.79 per share, with a total value of $39,729.00. Following the purchase, the chief executive officer now owns 34,380 shares in the company, valued at $267,820.20. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Thomas Bancroft acquired 27,841 shares of Wesco Aircraft Holdings stock in a transaction that occurred on Monday, August 14th. The stock was purchased at an average cost of $7.70 per share, with a total value of $214,375.70. Following the completion of the purchase, the director now owns 13,487 shares in the company, valued at approximately $103,849.90. The disclosure for this purchase can be found here. Insiders have bought a total of 1,068,719 shares of company stock worth $8,385,130 in the last quarter. Insiders own 10.30% of the company’s stock.
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Wesco Aircraft Holdings Company Profile
Wesco Aircraft Holdings, Inc is a distributor and provider of supply chain management services to the global aerospace industry. The Company operates through two segments: North America and Rest of World. As of September 30, 2016, the Company supplied over 565,000 active stock-keeping units (SKUs), including C-class hardware, chemicals, electronic components, bearings, tools and machined parts.
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