Air Lease (AL)
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Air Lease (AL) is a Great Momentum Stock: Should You Buy?
Zacks Investment Research· 2024-04-02 17:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...
Why Air Lease (AL) is a Top Value Stock for the Long-Term
Zacks Investment Research· 2024-04-01 14:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?The Z ...
Is Air Lease (AL) Stock a Solid Choice Right Now?
Zacks Investment Research· 2024-03-20 13:56
Company Summary - Air Lease Corporation (AL) is experiencing solid earnings estimate revisions, indicating a positive outlook from analysts [1][2] - Current quarter earnings estimates have increased from $1.41 per share to $1.48 per share, while current year estimates have risen from $4.86 per share to $6.67 per share [2] - The company has earned a Zacks Rank 2 (Buy), highlighting its strong position in the market [2] Industry Summary - The Transportation - Equipment and Leasing industry has a Zacks Industry Rank of 30 out of more than 250 industries, suggesting it is well-positioned compared to other segments [1] - The positive trends in the industry are likely benefiting multiple securities, indicating a broad uplift in the sector [1]
Is Air Lease (AL) Stock Outpacing Its Transportation Peers This Year?
Zacks Investment Research· 2024-03-18 14:45
Company Performance - Air Lease (AL) has a year-to-date performance increase of 12.4%, significantly outperforming the average return of 2.5% for the Transportation sector [2][3] - The Zacks Consensus Estimate for Air Lease's full-year earnings has risen by 10.3% in the past quarter, indicating improved analyst sentiment and a more positive earnings outlook [2] - Air Lease is currently ranked 2 (Buy) in the Zacks Rank system, suggesting strong potential for future performance [2] Industry Comparison - Air Lease is part of the Transportation - Equipment and Leasing industry, which has an average year-to-date gain of 11.5%, indicating that AL is performing better than its industry peers [3] - EuroDry (EDRY), another Transportation stock, has outperformed the sector with a year-to-date increase of 18.8% and holds a Zacks Rank of 1 (Strong Buy) [2][3] - The Transportation - Shipping industry, to which EuroDry belongs, has seen a year-to-date increase of 9.6%, ranking 54 among 37 stocks [3]
Air Lease Corporation (AL) Hit a 52 Week High, Can the Run Continue?
Zacks Investment Research· 2024-03-18 14:15
Have you been paying attention to shares of Air Lease (AL) ? Shares have been on the move with the stock up 14.8% over the past month. The stock hit a new 52-week high of $47.75 in the previous session. Air Lease has gained 12.4% since the start of the year compared to the 2.5% move for the Zacks Transportation sector and the 11.5% return for the Zacks Transportation - Equipment and Leasing industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't m ...
Is Air Lease (AL) Stock Undervalued Right Now?
Zacks Investment Research· 2024-03-15 14:41
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they ...
Air Lease Corporation to Speak at J.P. Morgan Industrials Conference
Businesswire· 2024-03-11 20:42
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) announced today that Steven F. Udvar-Házy, Executive Chairman, John L. Plueger, Chief Executive Officer and President, and Gregory B. Willis, Executive Vice President and Chief Financial Officer, will be speaking at the J.P. Morgan Industrials Conference 2024 in New York City on Wednesday, March 13, 2024 at 1:30 p.m. Eastern Time. ALC’s participation will be broadcast live through a link on the Investors page of the Air Lease Corporation website ...
Here's Why Investors Should Avoid Air Lease (AL) Stock Now
Zacks Investment Research· 2024-03-01 16:41
Air Lease Corporation (AL) is currently mired in multiple headwinds, which, we believe, have made it an unimpressive investment option.Let’s delve deeper.Southward Earnings Estimate Revisions: The Zacks Consensus Estimate for first-quarter 2024 earnings has been revised 20.5% downward over the past 90 days. For 2024, the consensus mark for earnings has moved 8.2% south in the same time frame. The unfavorable estimate revisions indicate brokers’ lack of confidence in the stock.Weak Zacks Rank and Style Score ...
Air Lease Corporation Announces Lease Placement of Three New Boeing 787 Aircraft with Thai Airways International
Businesswire· 2024-02-26 21:31
LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced long-term lease agreements for three new Boeing 787-9 aircraft with Thai Airways International. These three Dreamliner aircraft are confirmed to deliver to the Thai carrier in 2025 from ALC’s order book with Boeing. “We are pleased to announce this transaction for three new Boeing 787-9 aircraft with new customer, Thai Airways International,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “ALC is honor ...
Air Lease Corporation Announces Pricing of Offering of C$400 Million of Senior Unsecured Medium-Term Notes
Businesswire· 2024-02-21 04:01
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing on February 20, 2024 of its offering of C$400 million aggregate principal amount of additional 5.40% senior unsecured medium-term notes due June 1, 2028 (the “Notes”). The sale of the Notes is expected to close on February 28, 2024, subject to satisfaction of customary closing conditions. The Notes will mature on June 1, 2028 and will bear interest at a rate of 5.40% per annum, payable semi-annually in arre ...