Somewhat Positive News Coverage Somewhat Unlikely to Affect Aircastle Limited (AYR) Stock Price
Headlines about Aircastle Limited (NYSE:AYR) have trended somewhat positive on Saturday, Accern Sentiment reports. The research group scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Aircastle Limited earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media coverage about the transportation company an impact score of 45.8756760873776 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news headlines that may have impacted Accern’s scoring:
- Aircastle Ltd. : AYR-US: Dividend Analysis : August 31st, 2017 (record date) : By the numbers : September 22, 2017 (finance.yahoo.com)
- ETFs with exposure to Aircastle Ltd. : September 20, 2017 (finance.yahoo.com)
- $0.71 Earnings Per Share Expected for Aircastle Limited (AYR) This Quarter (americanbankingnews.com)
- Notable Monday Option Activity: WGO, ANET, AYR (marketnewsvideo.com)
Several equities research analysts have recently issued reports on AYR shares. Zacks Investment Research raised shares of Aircastle Limited from a “hold” rating to a “buy” rating and set a $24.00 target price on the stock in a research note on Tuesday, July 4th. Barclays PLC started coverage on shares of Aircastle Limited in a research note on Monday, July 10th. They set an “equal weight” rating and a $24.00 target price on the stock. Cowen and Company reissued a “hold” rating and set a $26.00 target price on shares of Aircastle Limited in a research note on Tuesday, September 12th. Finally, BidaskClub lowered shares of Aircastle Limited from a “sell” rating to a “strong sell” rating in a research note on Monday, August 14th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $24.30.
Aircastle Limited (AYR) traded up 0.27% on Friday, hitting $22.03. 145,916 shares of the company traded hands. Aircastle Limited has a 12 month low of $18.26 and a 12 month high of $25.98. The stock has a market cap of $1.73 billion, a PE ratio of 13.29 and a beta of 1.83. The stock’s 50-day moving average is $22.22 and its 200 day moving average is $22.58.
Aircastle Limited (NYSE:AYR) last released 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). Aircastle Limited had a return on equity of 7.41% and a net margin of 15.75%. The company had revenue of $223.53 million for the quarter, compared to analysts’ expectations of $206.10 million. During the same period in the prior year, the firm posted $0.31 EPS. The firm’s quarterly revenue was up 17.7% on a year-over-year basis. Equities research analysts expect that Aircastle Limited will post $1.92 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Thursday, August 31st were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 4.72%. The ex-dividend date of this dividend was Tuesday, August 29th. Aircastle Limited’s dividend payout ratio (DPR) is presently 62.65%.
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Aircastle Limited 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.
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