With 0.17 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.26 million shares. During the session, the Aerospace & Defense company that operates in wider Industrials sector, reached to the highest price of $71.5 whereas the lowest price it dropped to was $70.05. The 52-week range on AIR shows that it touched its highest point at $76.34 and its lowest point at $54.71 during that stretch. It currently has a 1-year price target of $81.00. AIR paid its most recent dividend on 1577923200, while the ex-dividend date for that was 1585267200. Beta for the stock currently stands at 1.61.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AIR was up-trending over the past week, with a rise of 3.68%, but this was up by 9.86% over a month. Three-month performance surged to 13.35% while six-month performance fell -4.20%. The stock gained 22.87% in the past year, while it has gained 14.57% so far this year. A look at the trailing 12-month EPS for AIR yields 0.28 with Next year EPS estimates of 4.60. For the next quarter, that number is 0.98. This implies an EPS growth rate of 12.67% for this year and 22.65% for next year. EPS is expected to grow by 13.70% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 44.78%.
Float and Shares Shorts:
At present, 35.91 million AIR shares are outstanding with a float of 34.99 million shares on hand for trading. On 2024-12-13, short shares totaled 0.62 million, which was 172.0 higher than short shares on 1731628800. In addition to Mr. John McClain Holmes III as the firm’s CEO, President & Chairman of the Board, Mr. Sean M. Gillen serves as its Senior VP & CFO.
Institutional Ownership:
Through their ownership of 0.97322 of AIR’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-08-31, AIR reported revenue of $686100000.0 and operating income of -$4200000.0. The EBITDA in the recently reported quarter was $12600000.0 and diluted EPS was -$0.87.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AIR since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With AIR analysts setting a high price target of 85.0 and a low target of 75.0, the average target price over the next 12 months is 81.4. Based on these targets, AIR could surge 21.07% to reach the target high and rise by 6.82% to reach the target low. Reaching the average price target will result in a growth of 15.94% from current levels.
Analysts have provided yearly estimates in a range of $3.37 being high and $3.23 being low. For AIR, this leads to a yearly average estimate of $3.3. Based on analyst estimates, the high estimate for the next quarter is $1.15 and the low estimate is $1.0. The average estimate for the next quarter is thus $1.05.
