EPS for AAR Corp. (AIR) Expected At $0.50

March 19, 2018 - By Darrin Black

 EPS for AAR Corp. (AIR) Expected At $0.50
Investors sentiment increased to 1.5 in Q3 2017. Its up 0.19, from 1.31 in 2017Q2. It is positive, as 13 investors sold AAR Corp. shares while 43 reduced holdings. 33 funds opened positions while 51 raised stakes. 30.06 million shares or 0.02% more from 30.06 million shares in 2017Q2 were reported.
Menta Capital Limited Liability owns 6,969 shares for 0.04% of their portfolio. California Pub Employees Retirement System invested 0% in AAR Corp. (NYSE:AIR). Deutsche Financial Bank Ag has 0% invested in AAR Corp. (NYSE:AIR) for 126,123 shares. Qs Ltd has invested 0.02% in AAR Corp. (NYSE:AIR). Jacobs Levy Equity Mngmt has 54,360 shares. Ny State Teachers Retirement System accumulated 98,779 shares or 0.01% of the stock. Teachers Retirement Of The State Of Kentucky invested in 0% or 10,700 shares. Morgan Stanley has 0% invested in AAR Corp. (NYSE:AIR) for 332,580 shares. Metropolitan Life Ins Com New York reported 0% stake. Rice Hall James & Ltd Co owns 91,414 shares for 0.15% of their portfolio. Sector Pension Invest Board owns 20,286 shares or 0% of their US portfolio. 130,000 were reported by Telemark Asset Management Ltd Company. 5,996 are owned by Cubist Systematic Strategies Ltd Llc. Rothschild Asset Mngmt accumulated 0.29% or 702,718 shares. Profund Advsr Ltd Liability Corp reported 5,604 shares stake.

Since January 17, 2018, it had 0 insider purchases, and 1 insider sale for $1.03 million activity.

Analysts expect AAR Corp. (NYSE:AIR) to report $0.50 EPS on March, 20 after the close.They anticipate $0.12 EPS change or 31.58 % from last quarter’s $0.38 EPS. AIR’s profit would be $17.07M giving it 21.67 P/E if the $0.50 EPS is correct. After having $0.35 EPS previously, AAR Corp.’s analysts see 42.86 % EPS growth. The stock decreased 0.57% or $0.25 during the last trading session, reaching $43.33. About 668,197 shares traded or 132.78% up from the average. AAR Corp. (NYSE:AIR) has risen 46.02% since March 19, 2017 and is uptrending. It has outperformed by 29.32% the S&P500.

AAR Corp. (NYSE:AIR) Ratings Coverage

Among 7 analysts covering AAR Corp. (NYSE:AIR), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. AAR Corp. has $49.0 highest and $25 lowest target. $42.17’s average target is -2.68% below currents $43.33 stock price. AAR Corp. had 21 analyst reports since December 22, 2015 according to SRatingsIntel. The stock has “Buy” rating by Canaccord Genuity on Thursday, February 8. The firm earned “Buy” rating on Thursday, January 19 by SunTrust. Seaport Global initiated the stock with “Hold” rating in Tuesday, September 12 report. On Tuesday, January 16 the stock rating was upgraded by Seaport Global to “Buy”. Suntrust Robinson initiated the stock with “Buy” rating in Thursday, January 19 report. Gabelli initiated it with “Buy” rating and $43 target in Tuesday, October 25 report. Noble Financial maintained the stock with “Buy” rating in Tuesday, July 18 report. The firm has “Buy” rating given on Friday, December 22 by Noble Financial. The rating was initiated by Canaccord Genuity with “Hold” on Wednesday, September 6. The firm has “Buy” rating by Noble Financial given on Tuesday, January 16.

AAR CORP. provides products and services to commercial aviation, government, and defense markets worldwide. The company has market cap of $1.48 billion. The companyÂ’s Aviation Services segment offers aftermarket support and services; inventory management and distribution services; and maintenance, repair, and overhaul, as well as engineering services. It has a 65.95 P/E ratio. This segment also sells and leases new, overhauled, and repaired engine and airframe parts and components; and provides inventory and repair programs, warranty claim management, and outsourcing programs for engine and airframe parts and components, as well as performance logistics programs in support of the U.S.

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