AAR Corp. (NYSE:AIR) has been downgraded to Hold in a report by TheStreet earlier today.
- Updated: September 27, 2016
TheStreet has downgraded AAR Corp. (NYSE:AIR) to Hold in a report released on 09/26/2016.
Yesterday AAR Corp. (NYSE:AIR) traded 1.07% higher at $29.34. The company’s 50-day moving average is $26.22 and its 200-day moving average is $24.25. The last closing price is up 20.98% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 296,320 shares of the stock traded hands, up from an average trading volume of 238,272
With a total market value of $0, AAR Corp. has price-earnings ratio of 29.70 with a one year low of $18.36 and a one year high of $31.23 .
A total of 3 equity analysts have released a ratings update on AIR. zero equity analysts rating the company a strong buy, two brokerages rating the company a buy, one brokerage rating the company a hold, zero brokerages rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $28.67.
More About AAR Corp. (NYSE:AIR)
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. Its services and products include aviation supply chain and parts support programs; MRO of aircraft and landing gear; design and manufacture of specialized pallets, shelters and containers; expeditionary airlift services; aircraft modifications, and aircraft and engine sales and leasing. It serves commercial, defense and governmental aircraft fleet operators, original equipment manufacturers and independent service providers around the world. Its landing gear overhaul facility is in Miami, Florida, where it repairs and overhauls landing gear, brakes and actuators for various types of commercial and military aircraft.
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