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 maximum price target given was 79, implying potential capital gains of 100.38 percent. The most pessimistic analyst gave a price target of 28, implying potential capital losses of -28.98 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average 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. On the other hand, earnings estimates for the fiscal year have been revised downwards by -1.16 percent, as compared to a month ago. 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, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.

Analysts estimate earnings of AL to grow at a rate of -0.76 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of AL is -15.38.

AL has a 52-week high of 41.44 and a 52-week 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 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 will post this quarters earnings in days, on 0000-00-00.