Friday, September 25, 2020

Air Lease Corporation [AL] Revenue clocked in at $2.11 billion, down -32.37% YTD: What’s Next?

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Air Lease Corporation [NYSE: AL] gained 2.78% on the last trading session, reaching $32.14 price per share at the time. The company report on September 2, 2020 that Air Lease Corporation Chief Financial Officer to Speak at 10th Annual Deutsche Bank Aircraft Finance & Leasing Conference.

Air Lease Corporation (“ALC”) (NYSE: AL) announced today that Gregory B. Willis, Executive Vice President and Chief Financial Officer, will be presenting at the Deutsche Bank 10th Annual Aircraft Finance & Leasing Conference on Wednesday, September 9th, at 2:45pm Eastern Time. The event is taking place virtually this year, and the presentation will be broadcast live through a link on the Investors page of the Air Lease Corporation website at www.airleasecorp.com. Alternatively, virtual attendees may access the webcast directly via this link: Deutsche Bank 10th Annual Finance & Leasing Conference. Please visit the website prior to the webcast to register, download and install any necessary audio software. Any presentation materials utilized for this speaking engagement will be posted in advance of the presentation time to the Investors section of the Air Lease website at https://www.airleasecorp.com.

Forward-Looking Statements.

Air Lease Corporation represents 113.69 million in outstanding shares, while the company has a total market value of $3.56 billion with the latest information. AL stock price has been found in the range of $30.56 to $32.37.

If compared to the average trading volume of 1.00M shares, AL reached a trading volume of 1021956 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Air Lease Corporation [AL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AL shares is $39.57 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AL stock is a recommendation set at 1.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Cowen have made an estimate for Air Lease Corporation shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on February 18, 2020. While these analysts kept the previous recommendation, Cowen dropped their target price from $50 to $49. The new note on the price target was released on August 09, 2019, representing the official price target for Air Lease Corporation stock. Previously, the target price had yet another raise to $52, while Goldman analysts kept a Buy rating on AL stock.

The Average True Range (ATR) for Air Lease Corporation is set at 1.36, with the Price to Sales ratio for AL stock in the period of the last 12 months amounting to 1.68. The Price to Book ratio for the last quarter was 0.62, with the Price to Cash per share for the same quarter was set at 8.37. Price to Free Cash Flow for AL in the course of the last twelve months was 3.79.

Trading performance analysis for AL stock

Air Lease Corporation [AL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.53. With this latest performance, AL shares gained by 13.45% in over the last four-week period, additionally plugging by 0.63% over the last 6 months – not to mention a drop of -23.26% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AL stock in for the last two-week period is set at 61.58, with the RSI for the last a single of trading hit 62.25, and the three-weeks RSI is set at 58.11 for Air Lease Corporation [AL]. The present Moving Average for the last 50 days of trading for this stock 29.09, while it was recorded at 31.51 for the last single week of trading, and 33.60 for the last 200 days.

Air Lease Corporation [AL]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Air Lease Corporation [AL] shares currently have an operating margin of +57.99. Air Lease Corporation’s Net Margin is presently recorded at +29.11.

Return on Total Capital for AL is now 6.58, given the latest momentum, and Return on Invested Capital for the company is 3.44. Return on Equity for this stock inclined to 11.26, with Return on Assets sitting at 2.92. When it comes to the capital structure of this company, Air Lease Corporation [AL] has a Total Debt to Total Equity ratio set at 241.46. Additionally, AL Total Debt to Total Capital is recorded at 70.71, with Total Debt to Total Assets ending up at 62.55. Long-Term Debt to Equity for the company is recorded at 216.48, with the Long-Term Debt to Total Capital now at 63.40.

Reflecting on the efficiency of the workforce at the company, Air Lease Corporation [AL] managed to generate an average of $5,018,128 per employee.

Air Lease Corporation [AL]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Air Lease Corporation posted 1.34/share EPS, while the average EPS was predicted by analysts to be reported at 1.3/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 3.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Air Lease Corporation go to 7.40%.

An analysis of insider ownership at Air Lease Corporation [AL]

There are presently around $3,521 million, or 92.31% of AL stock, in the hands of institutional investors. The top three institutional holders of AL stocks are: CAPITAL INTERNATIONAL INVESTORS with ownership of 13,135,952, which is approximately 24.973% of the company’s market cap and around 1.60% of the total institutional ownership; WINDACRE PARTNERSHIP LLC, holding 11,240,000 shares of the stock with an approximate value of $361.25 million in AL stocks shares; and VANGUARD GROUP INC, currently with $307.0 million in AL stock with ownership of nearly -0.861% of the company’s market capitalization.

Positions in Air Lease Corporation stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 138 institutional holders increased their position in Air Lease Corporation [NYSE:AL] by around 13,394,047 shares. Additionally, 136 investors decreased positions by around 11,008,133 shares, while 30 investors held positions by with 85,150,510 shares. The mentioned changes placed institutional holdings at 109,552,690 shares, according to the latest SEC report filing. AL stock had 47 new institutional investments in for a total of 1,305,970 shares, while 40 institutional investors sold positions of 2,763,834 shares during the same period.

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