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.

A number of analysts gave price targets for AL. The most optimistic analyst gave a price target of 79, implying a possible profit of 100.38 percent. The minimum price target given was 28, implying a possible loss of -28.98 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.74 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -6.11 percent. Meanwhile, fiscal year estimates have been revised downwards by -1.16 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -6.96 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

The growth rate of AL's earnings is estimated by analysts to be -0.76 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. AL has a PEG ratio of -15.38.

AL has a 52-week high of 41.44 and a 52-week low of 27.05. The current market price is above the trailing year's low by 45.75 percent, and 4.86 percent lower than its 52-week high. AL has a P/E 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 stock has a market capitalization of $4.13 billion. AL is estimated to release their earnings results for the quarter on 0000-00-00, days from today.