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Last $29.44 USD
Change Today -0.55 / -1.83%
Volume 372.5K
AIR On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

aar corp (AIR) Snapshot

Open
$29.78
Previous Close
$29.99
Day High
$29.80
Day Low
$29.23
52 Week High
03/30/15 - $34.24
52 Week Low
10/15/14 - $22.37
Market Cap
1.2B
Average Volume 10 Days
312.9K
EPS TTM
$2.11
Shares Outstanding
39.8M
EX-Date
04/27/15
P/E TM
14.0x
Dividend
$0.30
Dividend Yield
1.02%
Current Stock Chart for AAR CORP (AIR)

aar corp (AIR) Related Businessweek News

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aar corp (AIR) Details

AAR CORP. provides products and services to commercial aviation, government, and defense markets worldwide. The company operates through two segments, Aviation Services and Technology Products. The Aviation Services segment sells and leases various new, overhauled and repaired engine, and airframe parts and components to commercial and defense customers; provides customized inventory supply and management, warranty claim management, and outsourcing programs for engine and airframe parts and components; and offers customized performance-based logistics programs in support of the U.S. Department of Defense and foreign governments. This segment also provides airframe maintenance inspection and overhaul, painting, line maintenance, airframe modification, structural repair, avionic service and installation, exterior and interior refurbishment, and engineering services, as well as support for commercial and military aircraft; and repair and overhaul for landing gears, wheels, brakes, and actuators; and airlift services, such as fixed-and rotary-wing flight operations, and transporting personnel and cargo to government customers, as well as sells and leases used commercial aircraft. The Technology Products segment designs, manufactures, and repairs transportation pallets, temperature-controlled containers, and containers and shelters used in support of military and humanitarian tactical deployment activities; designs, manufactures, and installs in-plane cargo loading and handling systems for commercial aircraft, military aircraft, and helicopters; and provides engineering, design, and system integration services for specialized command and control systems. The company primarily markets and sells products and services through its employees and sales agents. As of May 31, 2014, it held four aircraft in joint ventures and two wholly-owned aircraft. The company was founded in 1951 and is headquartered in Wood Dale, Illinois.

5,800 Employees
Last Reported Date: 07/17/14
Founded in 1951

aar corp (AIR) Top Compensated Officers

Chairman, Chief Executive Officer and Chairma...
Total Annual Compensation: $906.4K
President, Chief Operating Officer of Expedit...
Total Annual Compensation: $499.3K
Chief Financial Officer, Vice President and T...
Total Annual Compensation: $400.0K
President of Airlift
Total Annual Compensation: $360.4K
Vice President, General Counsel and Secretary
Total Annual Compensation: $391.6K
Compensation as of Fiscal Year 2014.

aar corp (AIR) Key Developments

AAR Corp. Declares Quarterly Cash Dividend, Payable on or Before May 13, 2015

AAR Corp. announced that its board of directors at its regularly scheduled meeting declared a quarterly cash dividend of $0.075 per share to its stockholders. The dividend will be payable on or before May 13, 2015, to stockholders of record as of the close of business on April 29, 2015. Future cash dividends will be subject to the approval of the board of directors.

AAR Corp. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended February 28, 2015; Reports Impairment Charges for the Third Quarter of Fiscal 2015

AAR Corp. announced unaudited consolidated earnings results for the third quarter and nine months ended February 28, 2015. For the quarter, the company reported sales of $380.1 million against $399.8 million a year ago. Operating income was $9.0 million against $29.1 million a year ago. Income from continuing operations before income tax expense was $2.6 million against $22.3 million a year ago. Net loss attributable to the company was $34.5 million against net income attributable to the company of $17.9 million a year ago. Diluted loss per share were $0.89 against $0.45 earnings per share a year ago. The company used $22.0 million in cash flow from operations as it continues to invest in assets to support the growth of its Aviation Services segment. Further, the company had capital expenditures of $6.6 million, $5.4 million of which is for continuing operations. Income from continuing operations attributable to company was $1.9 million compared to $16.9 million a year ago. For the nine months, the company reported sales of $1,178.5 million against $1,288.5 million a year ago. Operating income was $61.2 million against $97.6 million a year ago. Income from continuing operations before income tax expense was $42 million against $76.6 million a year ago. Net loss attributable to the company was $4.9 million against net income attributable to the company of $55.8 million a year ago. Diluted loss per share were $0.15 against $1.40 earnings per share a year ago. As on date, book value per share was $23.66 against $25.27 per share as on May 31, 2014. Income from continuing operations attributable to company was $27.6 million compared to $52.3 million a year ago. The company reported third quarter results included a $46.4 million pre-tax impairment charge for the write down of the Precision Systems Manufacturing business to the expected sales value, a $4.7 million pre-tax impairment charge to reduce the carrying value of aircraft for sale by the company's airlift business, and $2.5 million of severance due to downsizing and costs related to a large government proposal.

AAR Corp. to Report Q3, 2015 Results on Mar 30, 2015

AAR Corp. announced that they will report Q3, 2015 results at 9:00 AM, Eastern Standard Time on Mar 30, 2015

 

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Industry Analysis

AIR

Industry Average

Valuation AIR Industry Range
Price/Earnings 24.8x
Price/Sales 0.6x
Price/Book 1.2x
Price/Cash Flow 97.9x
TEV/Sales 0.2x
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