Brokerages Expect AeroCentury Corp. (NASDAQ:ACY) to Announce $0.14 EPS
AeroCentury Corp. (NASDAQ:ACY) has been assigned an average broker rating score of 2.00 (Buy) from the one analysts that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a buy recommendation.
Brokerages have set a 1-year consensus price objective of $9.75 for the company and are predicting that the company will post $0.14 EPS for the current quarter, according to Zacks. Zacks has also assigned AeroCentury an industry rank of 8 out of 255 based on the ratings given to related companies.
Shares of AeroCentury stock traded down $0.55 on Friday, reaching $3.42. The company’s stock had a trading volume of 85,400 shares, compared to its average volume of 4,673. AeroCentury has a 52 week low of $3.31 and a 52 week high of $12.92. The company’s fifty day moving average price is $5.62.
AeroCentury Corp., together with its subsidiaries, provides leasing and finance services to regional airlines worldwide. The company principally engages in leasing its aircraft portfolio consisting of mid-life regional aircraft through operating and finance leases. It also sells aircraft from its operating lease portfolio to third parties, which include other leasing companies, financial services companies, and airlines.
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