AIR
AAR Corp. [AIR] Stock Forecast
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In the News
AAR to announce second quarter fiscal year 2024 results on December 21, 2023
Wood Dale, Illinois, Dec. 07, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it will release financial results for its second quarter of fiscal year 2024, ended November 30, 2023, after the close of the New York Stock Exchange trading session on Thursday, December 21, 2023.
5 Value Stocks With Exciting EV-to-EBITDA Ratios to Own Now
We have screened value stocks GIII, TITN, SM, CNC and AIR based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.
AAR Corp. (AIR) Expands Supply Agreement With MTU Maintenance
AAR Corp. (AIR) expands the agreement with MTU Maintenance for supplying PW2000 aircraft engine parts.
Is AAR (AIR) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
5 Value Stocks With Impressive EV-to-EBITDA Ratios to Snap Up
We have screened value stocks TITN, PVH, UNM, AIR and VLO based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.
Time to Buy These Highly Ranked Aerospace Stocks
The Zacks Aerospace sector is currently ranked third out of 16 Zacks sectors as the growth narrative is vastly improving for many of these stocks.
Despite Fast-paced Momentum, AAR (AIR) Is Still a Bargain Stock
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, AAR (AIR) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
3 Reasons Why Growth Investors Shouldn't Overlook AAR (AIR)
AAR (AIR) possesses solid growth attributes, which could help it handily outperform the market.
Should Value Investors Buy AAR (AIR) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
AAR Corp. (AIR) Q1 Earnings Beat Estimates, Sales Rise Y/Y
AAR Corp. (AIR) reports first-quarter fiscal 2024 adjusted earnings of 78 cents per share, which surpasses the Zacks Consensus Estimate by 6.9%.
AIR Financial details
AIR Financial Performance
Yearly Fundamentals Overview
Last date of statement is 2023-05-31
| Metric | History | 2019-05-31 | 2020-05-31 | 2021-05-31 | 2022-05-31 | 2023-05-31 |
|---|---|---|---|---|---|---|
| 2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
| Revenue per share | 59.47 | 59.54 | 47.21 | 51.12 | 57.86 | |
| Net income per share | 0.22 | 0.71 | 1.02 | 2.21 | 2.62 | |
| Operating cash flow per share | 1.95 | -1.04 | 3.01 | 2.11 | 0.68 | |
| Free cash flow per share | 1.45 | -1.72 | 2.68 | 1.63 | -0.18 | |
| Cash per share | 0.62 | 11.63 | 1.48 | 1.5 | 1.99 | |
| Book value per share | 26.26 | 25.94 | 27.84 | 29.06 | 31.95 | |
| Tangible book value per share | 22.25 | 22.44 | 24.3 | 25.7 | 24.99 | |
| Share holders equity per share | 26.26 | 25.94 | 27.84 | 29.06 | 31.95 | |
| Interest debt per share | 1.95 | 17.02 | 5.52 | 4.46 | 9.57 | |
| Market cap | 1.04B | 698.78M | 1.49B | 1.72B | 1.72B | |
| Enterprise value | 1.16B | 964.98M | 1.63B | 1.82B | 1.97B | |
| P/E ratio | 138.41 | 28.18 | 41.61 | 21.81 | 19.11 | |
| Price to sales ratio | 0.51 | 0.34 | 0.9 | 0.94 | 0.87 | |
| POCF ratio | 15.4 | -19.36 | 14.16 | 22.83 | 73.98 | |
| PFCF ratio | 20.76 | -11.7 | 15.86 | 29.65 | -278.03 | |
| P/B Ratio | 1.15 | 0.77 | 1.53 | 1.66 | 1.57 | |
| PTB ratio | 1.15 | 0.77 | 1.53 | 1.66 | 1.57 | |
| EV to sales | 0.56 | 0.47 | 0.99 | 1 | 0.99 | |
| Enterprise value over EBITDA | 8.21 | 11.1 | 11.53 | 12.58 | 12.26 | |
| EV to operating cash flow | 17.19 | -26.73 | 15.51 | 24.19 | 84.69 | |
| EV to free cash flow | 23.17 | -16.16 | 17.37 | 31.42 | -318.27 | |
| Earnings yield | 0.01 | 0.04 | 0.02 | 0.05 | 0.05 | |
| Free cash flow yield | 0.05 | -0.09 | 0.06 | 0.03 | 0 | |
| Debt to equity | 0.06 | 0.65 | 0.19 | 0.15 | 0.29 | |
| Debt to assets | 0.04 | 0.28 | 0.12 | 0.1 | 0.17 | |
| Net debt to EBITDA | 0.85 | 3.06 | 1 | 0.71 | 1.55 | |
| Current ratio | 2.66 | 3.76 | 2.78 | 2.89 | 3.12 | |
| Interest coverage | 10.35 | 4.44 | 17.04 | 44.54 | 11.96 | |
| Income quality | 0.8 | -1.46 | 2.27 | 0.96 | 0.26 | |
| Dividend Yield | 0.01 | 0.02 | 0 | 0 | 0 | |
| Payout ratio | 1.4 | 0.43 | 0 | 0 | 0 | |
| Sales general and administrative to revenue | 0 | 0 | 0 | 0 | 0 | |
| Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
| Intangibles to total assets | 0.09 | 0.06 | 0.08 | 0.08 | 0.13 | |
| Capex to operating cash flow | -0.26 | 0.65 | -0.11 | -0.23 | -1.27 | |
| Capex to revenue | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | |
| Capex to depreciation | -0.41 | -0.54 | -0.31 | -0.52 | -1.06 | |
| Stock based compensation to revenue | 0.01 | 0 | 0.01 | 0 | 0.01 | |
| Graham number | 11.33 | 20.39 | 25.31 | 38.02 | 43.42 | |
| ROIC | 0.1 | 0.02 | 0.05 | 0.06 | 0.07 | |
| Return on tangible assets | 0.01 | 0.01 | 0.03 | 0.05 | 0.06 | |
| Graham Net | -3.92 | -8.46 | -1.84 | 0.14 | -3.85 | |
| Working capital | 595M | 1.06B | 600.2M | 659M | 746.4M | |
| Tangible asset value | 767.5M | 780.9M | 850.6M | 914.8M | 859.6M | |
| Net current asset value | 341.2M | 262.3M | 371.7M | 467.8M | 363.9M | |
| Invested capital | 0.06 | 0.65 | 0.19 | 0.15 | 0.29 | |
| Average receivables | 229.5M | 239.1M | 229.9M | 263.1M | 307.9M | |
| Average payables | 178.9M | 189.7M | 159.4M | 141.8M | 157.45M | |
| Average inventory | 492.2M | 573.4M | 581.85M | 545.55M | 562.3M | |
| Days sales outstanding | 45.72 | 38.97 | 52.71 | 57.68 | 60.18 | |
| Days payables outstanding | 39.8 | 38.79 | 33.73 | 37.89 | 35.7 | |
| Days of inventory on hand | 110.99 | 126.15 | 143.36 | 133.35 | 129.32 | |
| Receivables turnover | 7.98 | 9.37 | 6.92 | 6.33 | 6.06 | |
| Payables turnover | 9.17 | 9.41 | 10.82 | 9.63 | 10.22 | |
| Inventory turnover | 3.29 | 2.89 | 2.55 | 2.74 | 2.82 | |
| ROE | 0.01 | 0.03 | 0.04 | 0.08 | 0.08 | |
| Capex per share | -0.5 | -0.68 | -0.32 | -0.49 | -0.86 |
Quarterly Fundamentals Overview
Last date of statement is 2023-08-31 for Q1
| Metric | History | 2022-08-31 | 2022-11-30 | 2023-02-28 | 2023-05-31 | 2023-08-31 |
|---|---|---|---|---|---|---|
| 2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
| Revenue per share | 12.79 | 13.74 | 15.28 | 16.08 | 15.84 | |
| Net income per share | 0.65 | 0.66 | 0.64 | 0.67 | -0.02 | |
| Operating cash flow per share | 0.19 | -1.35 | 0.51 | 1.31 | -0.54 | |
| Free cash flow per share | 0 | -1.53 | 0.23 | 1.11 | -0.8 | |
| Cash per share | 1.27 | 1.43 | 1.55 | 1.99 | 2.03 | |
| Book value per share | 29.7 | 30.27 | 31.31 | 31.95 | 32.33 | |
| Tangible book value per share | 26.33 | 30.27 | 31.31 | 24.99 | 25.41 | |
| Share holders equity per share | 29.7 | 30.27 | 31.31 | 31.95 | 32.33 | |
| Interest debt per share | 4.86 | 7.35 | 7.07 | 9.38 | 10.44 | |
| Market cap | 1.5B | 1.59B | 1.85B | 1.72B | 2.14B | |
| Enterprise value | 1.62B | 1.79B | 2.04B | 1.97B | 2.42B | |
| P/E ratio | 16.48 | 17.69 | 21.27 | 18.58 | -890.63 | |
| Price to sales ratio | 3.35 | 3.39 | 3.56 | 3.12 | 3.89 | |
| POCF ratio | 220.08 | -34.54 | 106.59 | 38.14 | -114.31 | |
| PFCF ratio | 14.97K | -30.5 | 240.87 | 45.13 | -76.89 | |
| P/B Ratio | 1.44 | 1.54 | 1.74 | 1.57 | 1.91 | |
| PTB ratio | 1.44 | 1.54 | 1.74 | 1.57 | 1.91 | |
| EV to sales | 3.63 | 3.82 | 3.91 | 3.57 | 4.41 | |
| Enterprise value over EBITDA | 42.31 | 45.38 | 50.24 | 46.1 | 327.5 | |
| EV to operating cash flow | 238.33 | -38.88 | 117.22 | 43.66 | -129.6 | |
| EV to free cash flow | 16.21K | -34.34 | 264.88 | 51.66 | -87.18 | |
| Earnings yield | 0.02 | 0.01 | 0.01 | 0.01 | 0 | |
| Free cash flow yield | 0 | -0.03 | 0 | 0.02 | -0.01 | |
| Debt to equity | 0.16 | 0.24 | 0.22 | 0.29 | 0.32 | |
| Debt to assets | 0.11 | 0.15 | 0.14 | 0.17 | 0.18 | |
| Net debt to EBITDA | 3.24 | 5.07 | 4.55 | 5.83 | 38.65 | |
| Current ratio | 2.89 | 3.28 | 3.22 | 3.12 | 3.07 | |
| Interest coverage | 28.36 | 15.43 | 9.71 | 7.72 | 4.36 | |
| Income quality | 0.3 | -2.05 | 0.8 | 1.95 | 31.17 | |
| Dividend Yield | 0 | 0 | 0 | 0 | 0 | |
| Payout ratio | 0 | 0 | 0 | 0 | 0 | |
| Sales general and administrative to revenue | 0 | 0 | 0 | 0 | 0.18 | |
| Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
| Intangibles to total assets | 0.07 | 0.07 | 0.07 | 0.13 | 0.12 | |
| Capex to operating cash flow | -0.99 | 0.13 | -0.56 | -0.15 | 0.49 | |
| Capex to revenue | -0.02 | -0.01 | -0.02 | -0.01 | -0.02 | |
| Capex to depreciation | -0.99 | -0.94 | -1.41 | -0.91 | -1.08 | |
| Stock based compensation to revenue | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |
| Graham number | 20.85 | 21.17 | 21.22 | 22.02 | 3.55 | |
| ROIC | 0.02 | 0.02 | 0.02 | 0.02 | 0 | |
| Return on tangible assets | 0.02 | 0.01 | 0.01 | 0.01 | 0 | |
| Graham Net | 0.03 | -1 | -0.6 | -3.85 | -4.9 | |
| Working capital | 677.3M | 736.6M | 736.2M | 746.4M | 813.7M | |
| Tangible asset value | 918.9M | 917.7M | 950M | 859.6M | 881.9M | |
| Net current asset value | 472.8M | 448.7M | 462.2M | 363.9M | 374.7M | |
| Invested capital | 0.16 | 0.24 | 0.22 | 0.29 | 0.32 | |
| Average receivables | 297.95M | 308.05M | 318.6M | 328.8M | 354.05M | |
| Average payables | 175.45M | 175.5M | 157.6M | 158.6M | 190.35M | |
| Average inventory | 563.15M | 585.4M | 582.85M | 572.4M | 594.15M | |
| Days sales outstanding | 62.17 | 58.97 | 56.89 | 53.39 | 62.2 | |
| Days payables outstanding | 48.04 | 36.68 | 33.47 | 32.04 | 44.6 | |
| Days of inventory on hand | 142.21 | 139.45 | 120.34 | 116.06 | 123.28 | |
| Receivables turnover | 1.45 | 1.53 | 1.58 | 1.69 | 1.45 | |
| Payables turnover | 1.87 | 2.45 | 2.69 | 2.81 | 2.02 | |
| Inventory turnover | 0.63 | 0.65 | 0.75 | 0.78 | 0.73 | |
| ROE | 0.02 | 0.02 | 0.02 | 0.02 | 0 | |
| Capex per share | -0.19 | -0.18 | -0.28 | -0.2 | -0.26 |
AIR Frequently Asked Questions
What is AAR Corp. stock symbol ?
AAR Corp. is a US stock , located in Wood dale of Il and trading under the symbol AIR
What is AAR Corp. stock quote today ?
AAR Corp. stock price is $69.5 today.
Is AAR Corp. stock public?
Yes, AAR Corp. is a publicly traded company.
Company Profile
- Volume Average 210.56K
- Market Capitalization 2.45B
- Employee 5K
- CEO Mr. John McClain Holmes III
- Headquarters Wood Dale,IL,US
- IPO Date 1980-03-17
-
Website
https://www.aarcorp.com 
AAR Corp. provides products and services to commercial aviation, government, and defense markets worldwide. The Aviation Services segment offers aftermarket support and services; inventory management and distribution services; and maintenance, repair, and overhaul, as well as engineering services. 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-based supply chain logistics programs in support of the U.S. department of defense and foreign governments. In addition, it offers airframe inspection, maintenance, repair and overhaul, painting, line maintenance, airframe modification, structural repair, avionic and installation, exterior and interior refurbishment, and engineering and support services; and repairs and overhauls components, landing gears, wheels, and brakes. The Expeditionary Services segment provides products and services supporting the movement of equipment and personnel by the U.S. and foreign governments, and non-governmental organizations. This segment also designs, manufactures, and repairs transportation pallets, and various containers and shelters; and provides engineering, design, and system integration services for command and control systems. The company serves domestic and foreign passenger airlines; domestic and foreign cargo airlines; regional and commuter airlines; business and general aviation operators; original equipment manufacturers; aircraft leasing companies; aftermarket aviation support companies; and domestic and foreign military customers. It primarily markets and sells products and services through its employees and foreign sales representatives. AAR Corp. was founded in 1951 and is headquartered in Wood Dale, Illinois.
