Media headlines about Fly Leasing (NYSE:FLY) have been trending somewhat positive on Tuesday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Fly Leasing earned a coverage optimism score of 0.06 on Accern’s scale. Accern also gave news stories about the transportation company an impact score of 45.8808707354565 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Here are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:

Fly Leasing stock traded up $0.01 during midday trading on Tuesday, hitting $13.73. The stock had a trading volume of 344 shares, compared to its average volume of 51,839. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 4.74. The firm has a market cap of $389.72 million, a P/E ratio of 152.56, a P/E/G ratio of 0.61 and a beta of 1.09. Fly Leasing has a 12 month low of $11.54 and a 12 month high of $14.97.

Several analysts recently weighed in on the company. ValuEngine lowered Fly Leasing from a “buy” rating to a “hold” rating in a report on Monday, June 4th. Zacks Investment Research raised Fly Leasing from a “sell” rating to a “hold” rating in a report on Monday, May 28th. Finally, Royal Bank of Canada boosted their price objective on Fly Leasing to $30.00 and gave the company an “outperform” rating in a report on Monday, May 7th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $17.92.

Fly Leasing Company Profile

Fly Leasing Limited, through its subsidiaries, purchases and leases commercial aircrafts under multi-year contracts to various airlines worldwide. As of December 31, 2017, the company had a portfolio of 85 aircrafts, including 73 narrow-body passenger aircrafts and 12 wide-body passenger aircrafts. Fly Leasing Limited was founded in 2007 and is headquartered in DĂșn Laoghaire, Ireland.

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