Aircastle Limited (AYR) Earns Daily Media Impact Score of 0.15
News coverage about Aircastle Limited (NYSE:AYR) has trended somewhat positive on Friday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Aircastle Limited earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned media coverage about the transportation company an impact score of 45.5437542377704 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of Aircastle Limited (NYSE AYR) traded up 0.99% during mid-day trading on Friday, reaching $22.38. 48,218 shares of the company’s stock were exchanged. The stock has a market cap of $1.76 billion, a price-to-earnings ratio of 13.50 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 has a 52-week low of $18.26 and a 52-week high of $25.98.
Aircastle Limited (NYSE:AYR) last announced its earnings results on Tuesday, August 8th. The transportation company reported $0.03 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.61 by ($0.58). The business had revenue of $223.53 million during the quarter, compared to the consensus estimate of $206.10 million. Aircastle Limited had a net margin of 15.75% and a return on equity of 7.41%. The company’s revenue was up 17.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.31 EPS. On average, equities analysts expect that Aircastle Limited will post $1.92 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Thursday, August 31st were given a $0.26 dividend. The ex-dividend date of this dividend was Tuesday, August 29th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 4.69%. Aircastle Limited’s payout ratio is presently 62.65%.
AYR has been the subject of several recent analyst reports. Cowen and Company reaffirmed a “market perform” rating and set a $26.00 price objective (up from $25.00) on shares of Aircastle Limited in a report on Thursday, August 10th. BidaskClub downgraded shares of Aircastle Limited from a “sell” rating to a “strong sell” rating in a report on Monday, August 14th. Zacks Investment Research downgraded shares of Aircastle Limited from a “hold” rating to a “sell” rating in a report on Monday, August 14th. Finally, Barclays PLC initiated coverage on shares of Aircastle Limited in a report on Monday, July 10th. They set an “equal weight” rating and a $24.00 price objective for the company. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company’s stock. Aircastle Limited has an average rating of “Hold” and a consensus price target of $24.30.
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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