Media headlines about Aircastle (NYSE:AYR) have trended somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Aircastle earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave headlines about the transportation company an impact score of 45.3223132290225 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Aircastle (NYSE AYR) opened at $20.42 on Thursday. The company has a market capitalization of $1,567.24, a P/E ratio of 10.86, a P/E/G ratio of 1.18 and a beta of 1.87. Aircastle has a twelve month low of $18.97 and a twelve month high of $25.30.
Aircastle (NYSE:AYR) last announced its earnings results on Tuesday, February 13th. The transportation company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.14. The company had revenue of $177.40 million during the quarter, compared to the consensus estimate of $184.09 million. Aircastle had a return on equity of 8.41% and a net margin of 18.56%. The firm’s revenue for the quarter was down 13.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.90 earnings per share. equities analysts forecast that Aircastle will post 1.7 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on the company. Royal Bank of Canada reissued a “hold” rating on shares of Aircastle in a research note on Wednesday, February 14th. Zacks Investment Research lowered Aircastle from a “hold” rating to a “strong sell” rating in a research note on Friday, February 16th. Stephens reissued an “equal weight” rating on shares of Aircastle in a research note on Thursday, February 15th. Macquarie assumed coverage on Aircastle in a research note on Tuesday. They set an “outperform” rating for the company. They noted that the move was a valuation call. Finally, Citigroup assumed coverage on Aircastle in a research note on Friday, December 8th. They set a “neutral” rating and a $25.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $24.60.
TRADEMARK VIOLATION WARNING: This piece of content was first reported by BBNS and is the sole property of of BBNS. If you are reading this piece of content on another domain, it was copied illegally and reposted in violation of United States & international copyright and trademark law. The correct version of this piece of content can be read at https://baseballnewssource.com/2018/03/15/aircastle-ayr-receiving-somewhat-positive-media-coverage-report-shows/2037225.html.
Aircastle Company Profile
Aircastle Limited is a holding company. The Company, through its subsidiaries, acquires, leases and sells commercial jet aircrafts to airlines. The Company is engaged in financing and managing commercial flight equipment. The Company manages its aircrafts in the United States, Ireland and Singapore. As of December 31, 2016, the Company owned and managed on behalf of its joint ventures 206 aircrafts leased to 71 lessees located in 36 countries.
Receive News & Ratings for Aircastle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aircastle and related companies with MarketBeat.com's FREE daily email newsletter.