$0.19 EPS Expected for Wesco Aircraft Holdings Inc (WAIR)

November 5, 2017 – By Clifton Ray

Investors sentiment decreased to 0.86 in 2017 Q2. Its down 0.34, from 1.2 in 2017Q1. It dropped, as 26 investors sold Wesco Aircraft Holdings Inc shares while 32 reduced holdings. 15 funds opened positions while 35 raised stakes. 92.21 million shares or 6.34% more from 86.71 million shares in 2017Q1 were reported.
Tiaa Cref Inv Mgmt Ltd owns 220,273 shares for 0% of their portfolio. Moreover, Citigroup has 0% invested in Wesco Aircraft Holdings Inc (NYSE:WAIR) for 49,204 shares. Rhumbline Advisers holds 0% in Wesco Aircraft Holdings Inc (NYSE:WAIR) or 74,448 shares. Susquehanna International Gru Limited Liability Partnership, Pennsylvania-based fund reported 128,747 shares. First Advsrs L P owns 149,122 shares. Eqis Cap holds 0.03% or 41,172 shares in its portfolio. Endowment Management Limited Partnership accumulated 0.06% or 41,540 shares. D E Shaw & stated it has 0% in Wesco Aircraft Holdings Inc (NYSE:WAIR). Sessa Im Lp has invested 1.22% of its portfolio in Wesco Aircraft Holdings Inc (NYSE:WAIR). Oppenheimer & Co Incorporated has invested 0.01% in Wesco Aircraft Holdings Inc (NYSE:WAIR). 68,705 were accumulated by Zebra Capital Ltd Liability. 35,800 were accumulated by Credit Suisse Ag. Cwm Limited Liability Corporation owns 216,114 shares or 0.12% of their US portfolio. 91,200 were reported by Swiss Bank & Trust. Goldman Sachs Incorporated invested 0% of its portfolio in Wesco Aircraft Holdings Inc (NYSE:WAIR).

Since May 12, 2017, it had 3 insider buys, and 0 selling transactions for $12.57 million activity.

Investors wait Wesco Aircraft Holdings Inc (NYSE:WAIR) to report on November, 16. its quarterly earnings Wall Street analysts expect $0.19 earnings per share, down $0.11 or 36.67 % from last year’s $0.3 same quarter earnings. This translates into $18.92M profit for WAIR giving the stock a 11.91 P/E. This is assuming the current $0.19 EPS is accurate. Wesco Aircraft Holdings Inc’s Wall Street analysts see 90.00 % EPS growth, taking into account the $0.10 EPS reproted in the previous quarter, The stock decreased 4.49% or $0.43 on November 3, reaching $9.05. About 201,868 shares traded. Wesco Aircraft Holdings Inc (NYSE:WAIR) has declined 35.60% since November 5, 2016 and is downtrending. It has underperformed by 52.30% the S&P500.

Wesco Aircraft Holdings Inc (NYSE:WAIR) Ratings Coverage

Among 8 analysts covering Wesco Aircraft Holdings (NYSE:WAIR), 2 have Buy rating, 1 Sell and 5 Hold. Therefore 25% are positive. Wesco Aircraft Holdings had 26 analyst reports since August 7, 2015 according to SRatingsIntel. The company was maintained on Friday, July 21 by Jefferies. The firm earned “Hold” rating on Monday, May 15 by Jefferies. The firm has “Neutral” rating given on Monday, May 1 by Citigroup. As per Friday, June 16, the company rating was maintained by Jefferies. The rating was initiated by Cowen & Co with “Market Perform” on Monday, August 31. RBC Capital Markets maintained Wesco Aircraft Holdings Inc (NYSE:WAIR) rating on Friday, November 20. RBC Capital Markets has “Sector Perform” rating and $12 target. The firm has “Buy” rating by Citigroup given on Friday, August 7. Jefferies downgraded the stock to “Underperform” rating in Monday, July 18 report. The stock of Wesco Aircraft Holdings Inc (NYSE:WAIR) has “Hold” rating given on Friday, October 13 by Jefferies. The company was maintained on Wednesday, April 19 by Jefferies.

Wesco Aircraft Holdings, Inc. is a distributor and well-known provider of supply chain management services to the global aerospace industry. The company has market cap of $901.19 million. The Firm operates through two divisions: North America and Rest of World. It currently has negative earnings. As of September 30, 2016, the Company supplied over 565,000 active stock-keeping units , including C-class hardware, chemicals, electronic components, bearings, tools and machined parts.

More notable recent Wesco Aircraft Holdings Inc (NYSE:WAIR) news were published by: Globenewswire.com which released: “Wesco Aircraft Extends Multi-Year Agreement With Northrop Grumman Corp.” on April 06, 2017, also Seekingalpha.com with their article: “Wesco Aircraft Holdings (WAIR) Q2 2017 Results – Earnings Call Transcript” published on May 10, 2017, Seekingalpha.com published: “Wesco Aircraft Holdings’ (WAIR) CEO Thomas Renehan on Q3 2017 Results …” on August 12, 2017. More interesting news about Wesco Aircraft Holdings Inc (NYSE:WAIR) were released by: Globenewswire.com and their article: “Wesco Aircraft Announces Fiscal 2017 Third Quarter Earnings Release Date and …” published on July 25, 2017 as well as Fool.com‘s news article titled: “Why Intra-Cellular Therapies, Wesco Aircraft Holdings, and Radius Health …” with publication date: May 01, 2017.