Investors braced for a bumpy ride ahead of AAR's
What analysts say:
- Buy, sell, or hold?: Analysts strongly back AAR, with five out of six rating it a buy and the remainder rating it a hold. Analysts like AAR better than competitor Spirit AeroSystems Holdings overall. While analysts still rate the stock a moderate buy, they are a little more optimistic about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $507.4 million in revenue this quarter. That would represent a rise of 12.5% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.49 per share. Estimates range from $0.47 to $0.52.
What our community says:
CAPS All-Stars are solidly supporting the stock, with 95.9% giving it an outperform rating. The community at large is in line with the All-Stars, with 94.1% assigning it a rating of outperform. Despite the majority sentiment in favor of AAR, the stock has a middling CAPS rating of three out of five stars.
AAR's profit has risen year over year by an average of 49.5% over the past five quarters. Revenue has now gone up for three straight quarters.
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