Air Lease Corporation (NYSE:AL) changes shares on Friday trading session, with a change of 6.50% or $1.94 shares. The trading starts at $31.98 and closed at $29.83 throughout the day. The trading session low price was $30.425 and day high was $32.63 on Friday, June 12. After the session, the Industrials sector daily volume shifted to 1.25 million while its average volume is 2.10M. In other hand, the AL market cap reached to $3.39B. While, its current target price is $31.77 according to WSJ.
Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -8.92% and up 44.67% for month. Its quarterly performance was 33.71% above, while its half year performance is down -31.85%. AL yearly performance stood at negative -19.85% and fall -33.14% for year-to-date. Current recommendation for Air Lease Corporation is 1.80.
Earnings per share or EPS is an important financial measure, which defines the profitability of a company. AL EPS (TTM) for 12-month is 5.03. EPS for this year is 10.50%, while for the next year its value is 5.42. Sales growth for the current quarter is 0.35 while its EPS Q/Q reached -4.70%. It has an EPS of 16.40% up for past five years and for the next five years will be up 17.94%.
Let’s take a look on the analyst recommendations on AL for the current month and previous month. For the current month, 9 of 9 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $29.00-$52.00. Average target price for AL was reached at $38.75.
Capital International Investors, Vanguard Group, Inc. (The) and Windacre Partnership LLC are the top three holders in Air Lease Corporation (AL) stock. On Mar 30, 2020, Capital International Investors has 10.51 million shares which valued 232.71 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 9.63 million shares which valued at 213.32 million. On Mar 30, 2020, Windacre Partnership LLC has a total of 9.31 million shares which valued at 206.04 million. In the end, Windacre Partnership LLC have 8.19% shares outstanding of Air Lease Corporation (AL) on Mar 30, 2020. The insider ownership moved to 3.00% and institutional holding shifted to 95.10%.
The company posted an EPS (TTM) of 5.03. According to the most recent quarter report on (Jun 2020), 8 analysts estimated an average EPS of 1.03, while 1.1 EPS posted a year ago period. Analyst Estimated EPS for AL published in the report was 0.47-1.2 during the same period. Comparing with last year, the average estimated EPS was 1.1 which is lower than 1.17 which was posted for recent quarter EPS.
A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for AL fall -15.69% for period of 200 days. SMA for 50 days was 23.28% which is showing green signal, while SMA-20 was 6.59%. The moving average value for Air Lease Corporation (AL) is 34.92 and 27.72 for 200 and 50 days respectively.
Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in AL stock. On Jun 03, UDVAR-HAZY STEVEN F, Executive Chairman, sold 56,000 trading shares at the cost of $32.56, which valued at 1.82 million. On May 26, Chen Jie, EVP & Managing Director, Asia, sold 40,000 shares at the cost of $29.00, with total shares of 251,349. On May 12, LARSEN MARSHALL O, Director, bought 5,000 shares at the cost of 24.36. After this transaction, LARSEN MARSHALL O total shares reached to 35,208 which valued at 0.12 million.