On Tuesday, Air Lease Corp (NYSE: AL) was 2.95% up from the session before settling in for the closing price of $49.55. A 52-week range for AL has been $33.33 – $51.77.
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Industrials Sector giant saw their annual sales surged by 8.59% over the last five years. When this article was written, the company’s average yearly earnings per share was at -11.16%. With a float of $103.45 million, this company’s outstanding shares have now reached $111.03 million.
The firm has a total of 163 workers. Let’s measure their productivity.
Air Lease Corp (AL) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Air Lease Corp stocks. The insider ownership of Air Lease Corp is 7.11%, while institutional ownership is 90.36%. The most recent insider transaction that took place on Mar 15 ’24, was worth 530,447. In this transaction EVP of this company sold 11,199 shares at a rate of $47.37, taking the stock ownership to the 76,300 shares. Before that another transaction happened on Mar 15 ’24, when Company’s EVP sold 7,500 for $46.82, making the entire transaction worth $351,165. This insider now owns 150,815 shares in total.
Air Lease Corp (AL) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -11.16% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 26.16% during the next five years compared to 2.32% growth over the previous five years of trading.
Air Lease Corp (NYSE: AL) Trading Performance Indicators
You can see what Air Lease Corp (AL) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.15, a number that is poised to hit 0.94 in the next quarter and is forecasted to reach 5.41 in one year’s time.
Technical Analysis of Air Lease Corp (AL)
Analysing the last 5-days average volume posted by the [Air Lease Corp, AL], we can find that recorded value of 0.81 million was lower than the volume posted last year of 1.35 million. As of the previous 9 days, the stock’s Stochastic %D was 75.06%. Additionally, its Average True Range was 1.09.
During the past 100 days, Air Lease Corp’s (AL) raw stochastic average was set at 94.43%, which indicates a significant increase from 83.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.51% in the past 14 days, which was lower than the 25.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $45.89, while its 200-day Moving Average is $41.30. Now, the first resistance to watch is $51.54. This is followed by the second major resistance level at $52.06. The third major resistance level sits at $53.07. If the price goes on to break the first support level at $50.00, it is likely to go to the next support level at $48.99. Should the price break the second support level, the third support level stands at $48.47.
Air Lease Corp (NYSE: AL) Key Stats
There are 111,367K outstanding shares of the company, which has a market capitalization of 5.68 billion. As of now, sales total 2,685 M while income totals 614,620 K. Its latest quarter income was 716,570 K while its last quarter net income were 221,050 K.
