AAR CORP (AIR) Sep 2024 Earnings Report
AAR Corp.: Investment Report
Overview
AAR Corp. is a leading global provider of aviation services and products to commercial and government customers. With a strong presence in the aerospace and defense industry, AAR Corp. offers a range of products and services, including aircraft components, repair and engineering services, and expeditionary services. In this report, we will provide an in-depth analysis of AAR Corp.'s financial performance, growth prospects, and recent news and developments.
Core Metrics
- Current price: 63.67 USD
- 52-week high: 76.34 USD
- 52-week low: 54.71 USD
- Market Cap: 2.286 billion USD
- P/E Ratio: 35.18
- Earnings per Share: 1.81 USD
- 50-day average: 64.81 USD
- 200-day average: 65.67 USD
- Analyst Recommendations: Buy (3 analysts)
Financial Performance
AAR Corp.'s financial performance has been stable, with revenue growth of 0.204 in the recent quarter. The company's gross margins stand at 0.18849, and EBITDA margins are at 0.08754. Operating cash flow is 43.7 million USD, and free cash flow is -64.3 million USD. The company's total cash position is 49.3 million USD, and its debt-to-equity ratio is 0.46.
Growth Prospects
AAR Corp.'s growth prospects are promising, driven by its strong presence in the aerospace and defense industry. The company's diversified product and service offerings, along with its expertise in aircraft maintenance and repair, position it well for long-term growth. Additionally, AAR Corp.'s expansion into new markets, such as the Asia-Pacific region, provides further growth opportunities.
News and Updates
Recent news articles highlight AAR Corp.'s involvement in various projects, including the development of specialized command and control systems for the military. The company has also been mentioned in reports on the Mountain West conference, where it has been cited as a key player in the region.
Upgrades and Downgrades
RBC Capital recently reiterated its Outperform rating on AAR Corp., citing the company's strong financial performance and growth prospects. Benchmark has also maintained its Buy rating on the company, highlighting its competitive advantages in the aerospace and defense industry.
Summary
In conclusion, AAR Corp. is a well-positioned company with a strong presence in the aerospace and defense industry. Its stable financial performance, diversified product and service offerings, and growth prospects make it an attractive investment opportunity. With a Buy rating from three analysts, AAR Corp. is a compelling choice for investors seeking exposure to the aerospace and defense sector.
Disclosures
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