Air Lease (NYSE:AL - Get Free Report) will likely be posting its earnings results after the market closes on Thursday, February 13th. Analysts expect Air Lease to post earnings of $0.82 per share and revenue of $704.97 million for the quarter. Investors that wish to listen to the company's conference call can do so using this link.
Air Lease Stock Performance
Shares of NYSE:AL traded down $0.23 on Friday, hitting $46.01. The company's stock had a trading volume of 497,053 shares, compared to its average volume of 597,716. Air Lease has a 12 month low of $39.35 and a 12 month high of $52.31. The stock's 50-day moving average is $47.81 and its two-hundred day moving average is $46.29. The company has a debt-to-equity ratio of 2.63, a quick ratio of 0.43 and a current ratio of 0.43. The company has a market capitalization of $5.12 billion, a price-to-earnings ratio of 10.48, a price-to-earnings-growth ratio of 1.00 and a beta of 1.59.
Analyst Ratings Changes
AL has been the topic of several recent research reports. JPMorgan Chase & Co. lifted their price objective on shares of Air Lease from $52.00 to $56.00 and gave the stock an "overweight" rating in a research note on Tuesday, November 12th. The Goldman Sachs Group restated a "buy" rating and set a $65.00 target price on shares of Air Lease in a report on Thursday, November 21st. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $57.60.
Check Out Our Latest Analysis on AL
Air Lease Company Profile
(
Get Free Report)
Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet aircraft to airlines worldwide. It sells aircraft from its fleet to third parties, including other leasing companies, financial services companies, airlines, and other investors. The company provides fleet management services to investors and owners of aircraft portfolios.
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