Air Lease (NYSE:AL) is scheduled to issue its quarterly earnings data after the market closes on Thursday, February 21st. Analysts expect the company to announce earnings of $1.25 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.
NYSE:AL opened at $38.18 on Thursday. Air Lease has a 52 week low of $28.13 and a 52 week high of $47.34. The company has a debt-to-equity ratio of 2.48, a current ratio of 0.80 and a quick ratio of 0.80. The company has a market cap of $4.01 billion, a P/E ratio of 10.46, a PEG ratio of 0.78 and a beta of 2.11.
A number of research analysts have issued reports on the stock. TheStreet upgraded shares of Air Lease from a “c+” rating to a “b-” rating in a research note on Wednesday, January 30th. Zacks Investment Research upgraded shares of Air Lease from a “hold” rating to a “buy” rating and set a $43.00 price target on the stock in a research note on Tuesday, November 13th. Cowen restated a “buy” rating and set a $54.00 price target on shares of Air Lease in a research note on Friday, November 30th. Barclays set a $50.00 price target on shares of Air Lease and gave the company a “buy” rating in a research note on Friday, December 14th. Finally, Morgan Stanley cut their price target on shares of Air Lease from $47.00 to $45.00 and set an “equal weight” rating on the stock in a research note on Wednesday, November 14th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Air Lease currently has an average rating of “Buy” and a consensus price target of $53.77.
Air Lease Company Profile
Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet transport aircraft to airlines worldwide. The company also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, and airlines.
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