AAR Corp (NYSE: AIR) stock suffered a major decline of -12.1% on 7/19/24. The shares closed at $64.42. Moreover, exceptionally high trading volume at 414% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -12.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, AIR is expected to continue to be a Value Builder.
AAR has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR's two proprietary measures of a stock's attractiveness. AAR has a neutral Appreciation Score of 43 and a slightly positive Power Rating of 60, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.