AAR Stock Hits New 52-Week Low (AIR)

NEW YORK ( TheStreet) -- AAR (NYSE: AIR) hit a new 52-week low Monday as it is currently trading at $14.25, below its previous 52-week low of $14.46 with 10,405 shares traded as of 9:34 a.m. ET. Average volume has been 347,900 shares over the past 30 days.

AAR has a market cap of $596.3 million and is part of the industrial goods sector and aerospace/defense industry. Shares are down 24.4% year to date as of the close of trading on Friday.

AAR CORP. provides products and services to aviation, government, and defense markets worldwide. The company's Aviation Supply Chain segment purchases and sells new, overhauled, and repaired engine and airframe parts and components. The company has a P/E ratio of 7.7, below the average aerospace/defense industry P/E ratio of eight and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates AAR as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including poor profit margins, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full AAR Ratings Report.

See all 52-week low stocks or get investment ideas from our investment research center.

If you liked this article you might like

Amazon Could Rip the Face Off People Holding Retail Stocks, Again: Market Recon

Uber Fighting to Stay Ahead in Flying Car Initiative

5 Stocks That Could Be Squeezed Much Higher

SoftBank to Lead $1.2 Billion Funding in OneWeb for Satellite-Based Internet Access