Trading Day Triumph: AAR Corp. (AIR) Ends at 65.99, a -4.50 Surge/Plunge

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AAR Corp. (NYSE: AIR) closed the day trading at $65.99 down -4.50% from the previous closing price of $69.10. In other words, the price has decreased by -$4.50 from its previous closing price. On the day, 0.9 million shares were traded. AIR stock price reached its highest trading level at $71.01 during the session, while it also had its lowest trading level at $65.7512.

Ratios:

For a better understanding of AIR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 37.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 155.64. For the most recent quarter (mrq), Quick Ratio is recorded 1.45 and its Current Ratio is at 3.06. In the meantime, Its Debt-to-Equity ratio is 0.88 whereas as Long-Term Debt/Eq ratio is at 0.88.

On December 01, 2023, Stifel started tracking the stock assigning a Buy rating and target price of $80.

On October 22, 2021, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $45.RBC Capital Mkts initiated its Outperform rating on October 22, 2021, with a $45 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 06 ’24 when Jessup Christopher A. sold 15,929 shares for $70.09 per share. The transaction valued at 1,116,483 led to the insider holds 51,803 shares of the business.

Pachapa Eric sold 5,121 shares of AIR for $363,399 on May 06 ’24. The VP-CAO & Controller now owns 25,015 shares after completing the transaction at $70.96 per share. On May 02 ’24, another insider, Jessup Christopher A., who serves as the Senior Vice President-CCO of the company, sold 16,700 shares for $70.01 each. As a result, the insider received 1,169,117 and left with 51,803 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AIR now has a Market Capitalization of 2369549056 and an Enterprise Value of 3333447936. As of this moment, AAR’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.42, and their Forward P/E ratio for the next fiscal year is 14.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.97 while its Price-to-Book (P/B) ratio in mrq is 1.96. Its current Enterprise Value per Revenue stands at 1.371 whereas that against EBITDA is 14.881.

Stock Price History:

Over the past 52 weeks, AIR has reached a high of $76.34, while it has fallen to a 52-week low of $54.71. The 50-Day Moving Average of the stock is 1.20%, while the 200-Day Moving Average is calculated to be 0.42%.

Shares Statistics:

Over the past 3-months, AIR traded about 292.77K shares per day on average, while over the past 10 days, AIR traded about 454120 shares per day. A total of 35.69M shares are outstanding, with a floating share count of 34.90M. Insiders hold about 2.64% of the company’s shares, while institutions hold 95.75% stake in the company. Shares short for AIR as of 1724976000 were 779768 with a Short Ratio of 2.66, compared to 1722384000 on 786334. Therefore, it implies a Short% of Shares Outstanding of 779768 and a Short% of Float of 3.08.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 0.86.

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