AAR Corp. has acquired Airinmar Holdings Limited
AAR Corp. (NYSE:AIR). Last Market Price: 18.19, Change: +0.04, % Change: (0.22%). Shares trade in the range of 17.91 – 18.25 dollars. It has a market capitalization of 735.98M dollars, making it a Small Cap Stock and has 40.46M outstanding shares. The company has a beta of 1.23, indicating, the stock to be more volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is 1.86; P/E of 9.77. It operates in Capital Goods sector and belongs to Aerospace and Defense industry. Percentage shares held by institutional investors is 97%. The company has a 52 week high of $ 31.66 and a 52 week low of $ 14.96. Average volumes of shares traded daily are 467,272. Volume traded in the last session was at 25,877, 0.06 times the average volume.
- Company announced that it has acquired Airinmar Holdings Limited, an international provider of aircraft component repair management services.
- The newly acquired business will operate as part of AAR’s Aviation Supply Chain segment.
For Q3 (Aug ’11), It had a Net profit margin of 3.54%, an Operating margin of 6.95%. Other Key stats and ratios are : Return on average assets of 3.94%, Return on average equity of 7.79%. The organization has an employee strength of 6,100
Consensus Recommendation is a Outperform.
Estimate for sales for the Quarter Ending Nov-11 show a mean of 478.98 million dollars, an estimate high of 484.85 million dollars and an estimate low of 468.00 million dollars. A year ago the figures stood at 438.60 million dollars.
Estimate for sales for the Quarter Ending Feb-12 show a mean of 494.22 million dollars, an estimate high of 510.31 million dollars and an estimate low of 481.60 million dollars. A year ago the figures stood at 423.30 million dollars.
Estimate for EPS for the Quarter Ending Nov-11 show a mean of 0.50 dollars, an estimate high of 0.52 dollars and an estimate low of 0.48 dollars. A year ago the figures stood at 0.49 dollars.
Estimate for EPS for the Quarter Ending Feb-12 show a mean of 0.55 dollars, an estimate high of 0.61 dollars and an estimate low of 0.50 dollars. A year ago the figures stood at 0.51 dollars.
Sales for Quarter Ending Aug-11 was estimated at 452.86 million dollars, however the actual sales figure stood at 479.29 million dollars, 26.43 million dollars more than estimates.
Sales for Quarter Ending May-11 was estimated at 459.11 million dollars, however the actual sales figure stood at 479.84 million dollars, 20.72 million dollars more than estimates.
Post Written By: Ed Liston
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht. |