AAR (AIR) Stocks
📊 AAR Corp. provides aviation services to government and commercial customers in over a 100 countries. Its award-winning solutions and aftermarket expertise assist customers in increasing efficiency as well as reducing costs while maintaining high levels of safety, service and quality.
📊 Its world headquarters is in Wood Dale, Illinois.
📊 In 1951 AAR begins as a small entrepreneurial enterprise which provides equipment for the emerging commercial aviation industry. Today it is a global provider of aviation services.
📊 AAR is a trusted partner to militaries, airlines and OEM’s. It delivers competitiveness so that its clients can focus on transporting cargo, passengers and parts around the globe.
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OVERVIEW OF AAR
- The company has a very interesting history. In 1951 I.A. Allen Industrial Sales is found in Chicago – it supplies radios and other equipment to the aviation industry. It is incorporated as Allen Aircraft Radio in Chicago in 1955.
- In 1961 the company raises equity capital for the first time while working with William Blair & Company. An FAA repair station for avionics and instruments is established by AAR at its new location in Elk Grove Village, IL. in 1962.
- In 1967 it expands to Amsterdam where it opens Allen Airmotive, a component repair facility. Two years later the company changes its name to AAR CORP.
- In 1971 it acquires its first airframe maintenance repair and overhaul (MRO) business in Oklahoma City.
- In 1980 the company is listed on the New York Stock Exchange. It has two secondary offerings of common stock in 1984 and 1986 funding its next growth phase.
- Purchased in 1981, AAR Mobility, provides troops in Operation Desert Storm with rapid deployment equipment which include pallets and containers.
- In 1982 the company opens a Singapore office to serve customers in the Asia-Pacific region. Expanding its customer base to include the U.S. Air Force, the Dutch Air Force and NATO, ARR enters the high technology F-15 and F-16 military aircraft component repair business in 1985.
- In 1986 the company’s portfolio expands when it acquires a landing gear overhaul and exchange facility in Miami.
- During Operation Desert Storm in 1991, rapid deployment equipment for allied forces is provided by AAR Cadillac Manufacturing. In 1993 AAR is listed on the Chicago Stock-Exchange.
- In 1997 AAR moves its corporate headquarters to Wood Dale, IL. In 1997 it acquires ATR International, manufacturer of speciality composite structures, renaming it AAR Composites.
- In 2000 AAR shifts to more contracts with U.S. military and its allies due to less commercial aviation demand and an increase in military aviation activity. These contracts include supply chain management for U.S. Navy helicopters and UK AWAC’s and support for missions over Afghanistan.
- In 2007 the company acquires Brown International – a defense contractor – renaming it AAR Integrated Technologies (InTech).
- AAR Airlift is named top contractor in Afghanistan in 2012.
- In 2013 AAR’s MRO network – with over 5 million man-hours worked – becomes the largest in America and the third largest in the world.
- ARR is voted Top Airframe MRO Provider Worldwide by the industry in 2015.
VALUES OF AAR
- AAR commits to “Doing It Right” every day.
- It also gives back to communities by supporting non-profits and organizations working to improve society in these four areas – Veterans, Active Military & Their Families, Education, Health and Wellness as well as Diversity and Inclusion.
MARKET PERFORMANCE OF AAR
- Today the company has revenues of approximately $1.8B. It is listed on the New York Stock Exchange under the NYSE Stock Symbol “AIR”.
- In March 2019 AAR reports its Third Quarter Fiscal Year 2019 Results – consolidated sales of $529.5 million and an income of $27.4 million from continuing operations ($0.78 diluted share).
- The third quarter of the previous year sales were $456.3 million and income from continuing operations $31.3 million ($0.90 per diluted share).
- The company’s adjusted diluted earnings per share from continuing operations increased by 61% to $0.79 in the current quarter compared to $0.49 last year.
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LATEST NEWS AAR
Buy AAR stocks / shares – 📈 A Step by Step Guide how to Buy / Purchase AAR Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy AAR Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN AAR STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a $5 stock, multiply 100 by $5 to get $500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE AAR STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of AAR stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy AAR stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?
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