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Last $13.17 USD
Change Today -0.52 / -3.80%
Volume 341.6K
WAIR On Other Exchanges
Symbol
Exchange
Berlin
As of 8:04 PM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

wesco aircraft holdings inc (WAIR) Snapshot

Open
$13.48
Previous Close
$13.69
Day High
$13.63
Day Low
$13.15
52 Week High
09/5/14 - $18.45
52 Week Low
02/6/15 - $11.98
Market Cap
1.3B
Average Volume 10 Days
307.6K
EPS TTM
$0.94
Shares Outstanding
97.7M
EX-Date
--
P/E TM
14.0x
Dividend
--
Dividend Yield
--
Current Stock Chart for WESCO AIRCRAFT HOLDINGS INC (WAIR)

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wesco aircraft holdings inc (WAIR) Details

Wesco Aircraft Holdings, Inc. distributes and provides supply chain management services to the aerospace industry in the North America and internationally. Its services include traditional distribution, management of supplier relationships, quality assurance, kitting, just-in-time delivery, and point-of-use inventory management. The company supplies approximately 575,000 active stock-keeping units, including hardware, chemicals, electronic components, bearings, tools, and machined parts. Its hardware products include blind fasteners, panel fasteners, bolts and screws, clamps, hi lok pins and collars, hose assemblies, hydraulic fittings, inserts, lockbolts and collars, nuts, rivets, springs, valves, and washers; and chemicals, comprise adhesives, sealants and tapes, lubricants, oil and grease, paints and coatings, industrial gases, coolants and metalworking fluids, and cleaners and cleaning solvents. The company’s electronic components include connectors, relays, switches, circuit breakers, and lighted products; bearings consist of airframe control bearings, rod ends, spherical bearings, ball bearing rod ends, roller bearings, and bushings; and machined parts and other products include brackets, milled parts, shims, stampings, turned parts, and welded assemblies. The company is also involved in the installation of various tools; provision of maintenance and repair services for these tools; and rental or lease of tools. It serves original equipment manufacturers and their subcontractors, as well as industrial customers in the automotive, energy, pharmaceutical, and electronics sectors. The company was formerly known as Wesco Holdings, Inc. Wesco Aircraft Holdings, Inc. was founded in 1953 and is headquartered in Valencia, California.

2,700 Employees
Last Reported Date: 08/7/15
Founded in 1953

wesco aircraft holdings inc (WAIR) Top Compensated Officers

Chief Operations Officer and Executive Vice P...
Total Annual Compensation: $275.6K
Consultant
Total Annual Compensation: $347.3K
Compensation as of Fiscal Year 2014.

wesco aircraft holdings inc (WAIR) Key Developments

Wesco Aircraft Holdings, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended June 30, 2015; Provides Financial Guidance for the Fiscal Year 2015

Wesco Aircraft Holdings, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended June 30, 2015. For the quarter, the company's net sales were $368.7 million, compared to $395.6 million in the prior-year period. Net income in the quarter was $16.5 million, or $0.17 per diluted share compared with $28.8 million or $0.29 per diluted share a year ago. Adjusted net income was $21.3 million, or $0.22 per diluted share, compared to $33.0 million, or $0.34 per diluted share in the same period last year. The change primarily reflects the decline in adjusted organic sales and higher selling, general and administrative expenses. Income from operations was $36.2 million compared with $52.7 million a year ago. Income before provision for income taxes was $24.4 million compared with $44.9 million a year ago. EBITDA was $40.3 million compared with $61.2 million a year ago. Adjusted EBITDA was $42.6 million compared with $63.2 million a year ago. Organic sales were $368.7 million compared with $395.6 million a year ago. Adjusted organic sales were $378.5 million compared with $395.6 million a year ago. The decline in sales is almost entirely due to the large commercial contract the company had previously identified and the impact of currency. Organic sales adjusted for the impact of foreign currency movements decreased 4% in the fiscal 2015 third quarter compared to the prior-year period. The decrease in adjusted organic sales was primarily due to a large commercial hardware contract that concluded on March 31, 2015, as previously disclosed. Free cash flow was $32.6 million in the quarter, representing 153% of adjusted net income. For the nine months, the company's net sales were $1.1 billion, an increase of 19% compared to $947.7 million in the prior-year period. The net sales increase was driven primarily by the Haas acquisition. Net income in the period was $59.3 million, or $0.61 per diluted share compared with $77.5 million or $0.79 per diluted share a year ago. Adjusted net income in the period was $74.1 million, or $0.76 per diluted share, compared to $90.9 million, or $0.93 per diluted share in the same period last year. Adjusted EBITDA in the period was $146.2 million, compared to $162.1 million in the first nine months of fiscal 2014. Income from operations was $119.8 million compared with $135.8 million a year ago. Income before provision for income taxes was $90.4 million compared with $118.8 million a year ago. Net cash provided by operating activities was $83.9 million compared with $2.4 million a year ago. Purchases of property and equipment were $4.7 million compared with $7.9 million a year ago. EBITDA was $138.2 million compared with $152.4 million a year ago. Adjusted EBITDA was $146.2 million compared with $162.1 million a year ago. Organic sales were $885.3 million compared with $947.7 million a year ago. Adjusted organic sales were $901.8 million compared with $914.9 million a year ago. Organic sales (excluding the Haas acquisition) decreased 7% in the fiscal 2015 year-to-date period, compared to the same period last year. The company continues to expect an increase in free cash flow in fiscal 2015 and to use free cash flow to pay down debt. The company's expectation for the year is that the effective tax rate will be in the $33 million to 35% range.

Wesco Aircraft Holdings, Inc. to Report Q3, 2015 Results on Aug 06, 2015

Wesco Aircraft Holdings, Inc. announced that they will report Q3, 2015 results at 2:00 PM, Pacific Standard Time on Aug 06, 2015

Wesco Aircraft Holdings, Inc., Q3 2015 Earnings Call, Aug 06, 2015

Wesco Aircraft Holdings, Inc., Q3 2015 Earnings Call, Aug 06, 2015

 

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Industry Analysis

WAIR

Industry Average

Valuation WAIR Industry Range
Price/Earnings 16.3x
Price/Sales 0.9x
Price/Book 1.3x
Price/Cash Flow 16.2x
TEV/Sales 0.2x
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