14 May, 2017
The firm's revenue for the quarter was down 3.2% compared to the same quarter a year ago. Finally, BlackRock Fund Advisors raised its position in Wesco Aircraft Holdings by 10.1% in the third quarter. The stock rose 0.27% or $0.03 reaching $9.18. About 599,593 shares traded.
The company's 50 day moving average is 11.24 and its 200 day moving average is 13.21. It has underperformed by 49.81% the S&P500.The move comes after 5 months negative chart setup for the $808.26M company. Three analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company's stock. The rating was maintained by Citigroup with "Buy" on Friday, August 7. They set a "buy" rating and a $18.00 price objective for the company. The company has market cap of $762.92 million. The firm has "Overweight" rating given on Thursday, October 29 by Barclays Capital. The rating was initiated by SunTrust on Thursday, January 19 with "Buy". Jefferies has "Underperform" rating and $12 target.
Investors sentiment increased to 1.42 in Q4 2016. Its up 0.58, from 0.84 in 2016Q3.
While taking a look at financials, we can look at a number of key indicators about Wesco Aircraft Holdings, Inc. Equity is made up of funds from the original issuing of shares and any retained earnings from previous financial years. Qualcomm (QCOM) reported that its subsidiary, Qualcomm Technologies, has introduced two new mobile platforms, the Qualcomm Snapdragon 660 and 630, both created to support a leap in performance enabling advanced photography and enhanced gaming, in addition to long battery life and fast LTE speeds. Old Mutual Customised Solutions (Proprietary) Limited reported 0.08% of its portfolio in Crescent Point Energy Corporation Ordinary Shares (Canada) (NYSE:CPG). If bond yields fall, it may encourage investors to switch into shares which give a relatively better dividend. Lsv Asset owns 1.14 million shares or 0.03% of their United States portfolio. Bancorp Of Ny Mellon holds 311,014 shares.
Wesco Aircraft Holdings (NYSE:WAIR) last posted its quarterly earnings data on Tuesday, May 9th. Bluecrest Management owns 11,805 shares or 0.01% of their USA portfolio. Wesco Aircraft Holdings has a one year low of $7.46 and a one year high of $15.77. Hsbc Public Ltd stated it has 13,387 shares or 0% of all its holdings.
Cove Street Capital Llc increased Capital Southwest Corp (NASDAQ:CSWC) stake by 60,147 shares to 86,057 valued at $1.39 million in 2016Q4. (WAIR) is an interesting player in the Services space, with a focus on Industrial Equipment Wholesale. General Electric Co (NYSE:GE) was raised too. During its last trading session, Stock traded with the total exchanged volume of 2.34 million shares. 367,211 shares were sold by Snyder Randy J., worth $5.48 million. Hess Lisa F. had sold 124,895 shares worth $1.88M. Therefore 25% are positive. Finally, Citigroup Inc lowered Wesco Aircraft Holdings from a "buy" rating to a "neutral" rating in a report on Monday, May 1st. The stock has "Sell" rating by Deutsche Bank on Monday, December 5. The company was downgraded on Monday, July 18 by Jefferies. State Street invested 0% in Wesco Aircraft Holdings Inc (NYSE:WAIR).
Shares of Wesco Aircraft Holdings (NYSE:WAIR) traded down 2.37% on Wednesday, hitting $8.25. The firm earned "Neutral" rating on Tuesday, June 28 by Rosenblatt. Closely-held shares are those owned by insiders, major shareholders and employees, while restricted stock refers to insider shares that can not be traded because of a temporary restriction such as the lock-up period after an initial public offering. Analyst's mean target price for WAIR is $14.00 while analysts mean recommendation is 3.40. The stock has a market capitalization of $823.73 million, a price-to-earnings ratio of 10.577 and a beta of 0.93. The highest sales estimate is $375.8 million and the lowest is $373.64 million. WAIR's SI was 2.93 million shares in May as released by FINRA. On Friday, March 17 the insider Fortanet Francisco sold $286,000. Howell Henry W Jr sold $94,194 worth of stock. Airain Limited holds 16,856 shares. Another trade for 37,072 shares valued at $571,124 was sold by Murray Alex. It is down 68.57% since October 5, 2016 and is downtrending. It has outperformed by 49.69% the S&P500.
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