News headlines about Wesco Aircraft (NYSE:WAIR) have trended somewhat positive on Tuesday, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Wesco Aircraft earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news stories about the aerospace company an impact score of 45.9431295657284 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Wesco Aircraft (WAIR) opened at $9.40 on Tuesday. The company has a quick ratio of 1.06, a current ratio of 3.93 and a debt-to-equity ratio of 1.21. The company has a market cap of $980.21, a PE ratio of -3.72, a price-to-earnings-growth ratio of 1.17 and a beta of 0.28. Wesco Aircraft has a fifty-two week low of $6.05 and a fifty-two week high of $12.53.
Wesco Aircraft (NYSE:WAIR) last posted its quarterly earnings results on Thursday, February 8th. The aerospace company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.02). The company had revenue of $363.10 million for the quarter, compared to analyst estimates of $346.96 million. Wesco Aircraft had a positive return on equity of 7.42% and a negative net margin of 17.26%. The business’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.19 earnings per share. sell-side analysts predict that Wesco Aircraft will post 0.7 EPS for the current year.
In related news, major shareholder Makaira Partners Llc purchased 250,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 14th. The stock was acquired at an average cost of $8.72 per share, for a total transaction of $2,180,000.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last 90 days, insiders have purchased 893,610 shares of company stock valued at $7,881,718. 11.90% of the stock is currently owned by corporate insiders.
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About Wesco Aircraft
Wesco Aircraft Holdings, Inc is a distributor and provider of supply chain management services to the global aerospace industry. The Company operates through two segments: North America and Rest of World. As of September 30, 2016, the Company supplied over 565,000 active stock-keeping units (SKUs), including C-class hardware, chemicals, electronic components, bearings, tools and machined parts.
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