Impact of Brokerage Rating on Wesco Aircraft Holdings, Inc.(WAIR)

Many Wesco Aircraft Holdings, Inc.(WAIR) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Wesco Aircraft Holdings Inc was Initiated by SunTrust on Jan 19, 2017 to Buy, Price Target of the shares are set at $18.

Company has reported several Insider transactions to the SEC, on Dec 21, 2016, Lisa F. Hess (10% owner) sold 124,895 shares at 15.04 per share price.On Dec 12, 2016, Alex Murray (EVP, Chief Operations Officer) sold 37,072 shares at 15.41 per share price.On Dec 8, 2016, Randy J. Snyder (director) sold 367,211 shares at 14.92 per share price.

Wesco Aircraft Holdings Inc Last issued its quarterly earnings results on Feb 7, 2017. The company reported $0.19 EPS for the quarter, missing the analyst consensus estimate by $ -0.06. Analyst had a consensus of $0.25. The company had revenue of $339.40 million for the quarter, compared to analysts expectations of $358.57 million. The companys revenue was down -5.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.25 EPS.

Wesco Aircraft Holdings, Inc. (NYSE:WAIR) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 3.4 by 5 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 1 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell. A sell rating was given by 2 analyst.

Wesco Aircraft Holdings, Inc. (NYSE:WAIR): The mean short term price target for Wesco Aircraft Holdings, Inc. (NYSE:WAIR) has been established at $14 per share. The higher price target estimate is at $18 and the lower price target estimate is expected at $13 according to 6 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $2

Wesco Aircraft Holdings, Inc. (NYSE:WAIR) witnessed a decline in the market cap on Tuesday as its shares dropped 0.4% or 0.05 points. After the session commenced at $12.55, the stock reached the higher end at $12.7 while it hit a low of $12.4. With the volume soaring to 630,583 shares, the last trade was called at $12.55. The company has a 52-week high of $15.775. The company has a market cap of $1,249 million and there are 99,526,120 shares in outstanding. The 52-week low of the share price is $11.27.

Wesco Aircraft Holdings, Inc. distributes and provides supply chain management services to the global aerospace industry. It offers inventory of aerospace parts, including hardware, bearings, tools, electronic components and machined parts. The Companys services range from traditional distribution to the management of supplier relationships, quality assurance, kitting, just-in-time delivery and point-of-use inventory management. Wesco Aircraft Holdings, Inc. is headquartered in Valencia, California.


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