Stock Rating Upgrade
The Value Trend Rating for AAR Corp (NYSE: AIR) improved in recent days from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 12/22/23, AAR Corp (NYSE: AIR) stock suffered a major decline of -10.2%, closing at $63.57. Moreover, this decline was accompanied by exceptionally high trading volume at 415% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -10.4% during the last week.
Current PriceTarget Research Rating
AIR is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
AAR has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. AAR has a neutral Appreciation Score of 42 but a very high Power Rating of 91, leading to the Positive Value Trend Rating.
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