Air Lease (AL) to Release Quarterly Earnings on Thursday

Air Lease (NYSE:AL) is expected to release its earnings data 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. Individual interested in registering for the company’s earnings conference call can do so using this link.

Air Lease Trading Down 0.2 %

Shares of AL stock opened at $45.95 on Tuesday. The firm has a market capitalization of $5.12 billion, a PE ratio of 10.47, a price-to-earnings-growth ratio of 1.00 and a beta of 1.59. The company has a debt-to-equity ratio of 2.63, a quick ratio of 0.43 and a current ratio of 0.43. Air Lease has a 1 year low of $39.35 and a 1 year high of $52.31. The stock has a fifty day moving average of $47.71 and a two-hundred day moving average of $46.28.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. The Goldman Sachs Group reiterated a “buy” rating and issued a $65.00 target price on shares of Air Lease in a research report on Thursday, November 21st. JPMorgan Chase & Co. boosted their price target on shares of Air Lease from $52.00 to $56.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 12th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $57.60.

Air Lease Company Profile

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.