Somewhat Favorable News Coverage Somewhat Unlikely to Impact AAR (NYSE:AIR) Share Price

News stories about AAR (NYSE:AIR) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. AAR earned a daily sentiment score of 0.24 on Accern’s scale. Accern also gave media headlines about the aerospace company an impact score of 44.2623601713786 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:

A number of research analysts have issued reports on AIR shares. Zacks Investment Research raised AAR from a “sell” rating to a “hold” rating in a report on Thursday, September 14th. Seaport Global Securities began coverage on AAR in a report on Tuesday, September 12th. They issued a “neutral” rating and a $39.00 price target for the company. Canaccord Genuity reaffirmed a “hold” rating and issued a $40.00 price target on shares of AAR in a report on Friday, October 13th. Noble Financial reissued a “buy” rating on shares of AAR in a report on Friday, August 11th. Finally, SunTrust Banks boosted their price objective on AAR to $50.00 and gave the stock a “buy” rating in a report on Monday. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $42.25.

AAR (NYSE:AIR) opened at $42.19 on Wednesday. The stock has a market capitalization of $1,460.01, a PE ratio of 28.49 and a beta of 1.34. AAR has a 12-month low of $31.20 and a 12-month high of $42.57. The company has a current ratio of 2.90, a quick ratio of 1.38 and a debt-to-equity ratio of 0.20.

AAR (NYSE:AIR) last posted its earnings results on Tuesday, September 19th. The aerospace company reported $0.31 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.31. AAR had a return on equity of 5.66% and a net margin of 3.20%. The company had revenue of $439.20 million during the quarter, compared to analyst estimates of $410.52 million. During the same period in the previous year, the company earned $0.29 EPS. The company’s revenue for the quarter was up 8.5% compared to the same quarter last year. equities research analysts predict that AAR will post 1.81 earnings per share for the current fiscal year.

In related news, Director Ronald R. Fogleman sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, December 29th. The stock was sold at an average price of $33.47, for a total value of $100,410.00. Following the completion of the transaction, the director now directly owns 23,406 shares in the company, valued at approximately $783,398.82. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 9.33% of the stock is currently owned by insiders.

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About AAR

AAR CORP. (AAR) is a provider of services and products to the commercial aviation and government and defense markets. The Company operates in two segments: Aviation Services, which consists of supply chain and maintenance, repair and overhaul (MRO) activities, and Expeditionary Services, which includes airlift and mobility activities.

Insider Buying and Selling by Quarter for AAR (NYSE:AIR)

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