Aircastle Limited (NYSE:AYR) Earns News Sentiment Rating of 0.11
News coverage about Aircastle Limited (NYSE:AYR) has been trending somewhat positive recently, according to Accern. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Aircastle Limited earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned press coverage about the transportation company an impact score of 47.2192645861875 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:
- Angelina Jolie and Brad Pitt’s divorce ‘off’ (famososartistas.com)
- IHS Markit Score upgrades Aircastle Ltd to 43 out of 100, ranking positively in two out of four IHS Markit categories. (finance.yahoo.com)
- Q3 2017 EPS Estimates for Aircastle Limited Increased by DA Davidson (NYSE:AYR) (americanbankingnews.com)
- Aircastle announces Q2 2017 results (financial-news.co.uk)
- Edited Transcript of AYR earnings conference call or presentation 8-Aug-17 2:00pm GMT (finance.yahoo.com)
Several analysts have issued reports on the stock. Cowen and Company reaffirmed a “market perform” rating and issued a $26.00 price objective (up previously from $25.00) on shares of Aircastle Limited in a research report on Thursday. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $25.00 price objective on shares of Aircastle Limited in a research report on Friday, April 21st. Barclays PLC assumed coverage on shares of Aircastle Limited in a research report on Monday, July 10th. They issued an “equal weight” rating and a $24.00 price objective for the company. Wells Fargo & Company reaffirmed a “market perform” rating and issued a $24.00 price objective (down previously from $26.00) on shares of Aircastle Limited in a research report on Thursday, May 25th. Finally, Zacks Investment Research downgraded shares of Aircastle Limited from a “buy” rating to a “hold” rating in a research report on Wednesday, July 5th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $24.30.
Aircastle Limited (AYR) traded down 0.94% during midday trading on Friday, reaching $22.24. The company’s stock had a trading volume of 275,252 shares. Aircastle Limited has a 1-year low of $18.26 and a 1-year high of $25.98. The firm has a 50 day moving average price of $22.51 and a 200 day moving average price of $22.90. The firm has a market capitalization of $1.75 billion, a PE ratio of 13.41 and a beta of 1.81.
Aircastle Limited (NYSE:AYR) last posted its quarterly earnings data on Tuesday, August 8th. The transportation company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.61 by $0.58. The business had revenue of $223.53 million during the quarter, compared to analyst estimates of $206.10 million. Aircastle Limited had a return on equity of 7.41% and a net margin of 15.75%. Aircastle Limited’s revenue for the quarter was up 17.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.31 EPS. On average, analysts predict that Aircastle Limited will post $2.09 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Thursday, August 31st will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 4.68%. The ex-dividend date is Tuesday, August 29th. Aircastle Limited’s dividend payout ratio (DPR) is presently 62.65%.
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About Aircastle Limited
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.
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