Madison Air Solutions Corporation (NYSE:MAIR) Given Consensus Rating of “Moderate Buy” by Analysts

Madison Air Solutions Corporation (NYSE:MAIR) has received an average rating of “Moderate Buy” from the thirteen analysts that are covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating, six have given a buy rating and three have issued a strong buy rating on the company. The average 1 year target price among analysts that have covered the stock in the last year is $47.00.

A number of brokerages have commented on MAIR. William Blair began coverage on Madison Air Solutions in a research note on Monday, May 11th. They issued an “outperform” rating on the stock. Citigroup assumed coverage on shares of Madison Air Solutions in a report on Monday, May 11th. They issued a “buy” rating and a $49.00 target price on the stock. Wolfe Research assumed coverage on shares of Madison Air Solutions in a research note on Monday, May 11th. They issued a “peer perform” rating on the stock. Robert W. Baird assumed coverage on shares of Madison Air Solutions in a report on Monday, May 11th. They set an “outperform” rating and a $48.00 price target for the company. Finally, Bank of America began coverage on shares of Madison Air Solutions in a research report on Monday, May 11th. They set a “buy” rating and a $47.00 price target for the company.

Madison Air Solutions Price Performance

Shares of NYSE:MAIR traded down $3.49 on Tuesday, reaching $34.42. 565,282 shares of the company traded hands, compared to its average volume of 2,386,725. The stock has a market capitalization of $17.25 billion and a PE ratio of 0.00. The business has a 50-day simple moving average of $39.55. Madison Air Solutions has a 52 week low of $31.00 and a 52 week high of $44.50.

Madison Air Solutions (NYSE:MAIR) last released its earnings results on Tuesday, May 12th. The company reported $83,088.00 earnings per share for the quarter. The company had revenue of $923.70 million during the quarter, compared to the consensus estimate of $847.55 million.

About Madison Air Solutions

We take up to 25,000 breaths a day and spend up to 90% of our lives indoors, often breathing air that’s two to five times more polluted than outdoor air. Clean air is absolutely essential to human life, yet most people rarely think about the air we breathe at home, in our schools, in healthcare facilities and in the workplace. Poor air quality doesn’t just affect comfort; it undermines health, productivity and performance. Improving air quality is a fundamental principle that is a key tenet in everything we do.