Analyst Ratings for Air Lease Corp. (AL)

Updated: 2017-07-27

Air Lease Corp. (NYSE:AL) was awarded an average rating of Buy from investment analysts following the stock. AL had previously received a consensus rating of Buy a month ago.

12 analysts issued ratings on the stock, where 10 gave AL a buy rating, 0 gave an overweight rating, 1 issued a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Several price targets were given for AL by the analysts covering the stock. The maximum price target given was 79, which equates to a potential upside of 100.38 percent. The lowest price target was 28, implying a possible loss of -28.98 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.74 percent. The average change in earnings estimates over the last 90 days is -6.11 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -1.16 percent. If we look at the last 90 days instead, we find a net average change of -6.96 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.

AL has an estimated earnings growth rate of -0.76 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. AL has a PEG ratio of -15.38.

In the last 52-weeks, AL has achieved a high of 41.44 and a low of 27.05. Today's price is 45.75 percent above the 52-week low, and 4.86 percent lower than its 52-week high. AL has a price/earnings ratio of 11.69. Investors typically compare the P/E ratio to a company's peers in the industry. The AL value stock report compares AL to some of its peers using value stock charts. The market cap of AL is $4.13 billion. AL is estimated to release their earnings results for the quarter on 0000-00-00, days from today.