Press coverage about Aircastle (NYSE:AYR) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Aircastle earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave media stories about the transportation company an impact score of 45.3250612366436 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
Shares of AYR stock opened at $19.79 on Monday. The firm has a market capitalization of $1,557.02, a price-to-earnings ratio of 10.58, a PEG ratio of 1.17 and a beta of 1.83. Aircastle has a one year low of $18.97 and a one year high of $25.30.
Aircastle (NYSE:AYR) last announced its quarterly earnings results on Tuesday, February 13th. The transportation company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.14. The firm had revenue of $177.40 million during the quarter, compared to analysts’ expectations of $184.09 million. Aircastle had a net margin of 18.56% and a return on equity of 8.41%. The company’s revenue for the quarter was down 13.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.90 earnings per share. equities research analysts expect that Aircastle will post 1.7 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Thursday, March 15th. Shareholders of record on Wednesday, February 28th were paid a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 5.66%. The ex-dividend date of this dividend was Tuesday, February 27th. Aircastle’s dividend payout ratio is currently 59.89%.
AYR has been the subject of several recent research reports. Cowen restated a “market perform” rating and set a $24.00 target price (down previously from $26.00) on shares of Aircastle in a report on Tuesday, February 13th. JPMorgan Chase reduced their target price on shares of Aircastle from $25.00 to $24.00 and set a “neutral” rating for the company in a report on Tuesday, March 6th. ValuEngine upgraded shares of Aircastle from a “hold” rating to a “buy” rating in a report on Wednesday, March 14th. Macquarie initiated coverage on shares of Aircastle in a report on Tuesday, March 13th. They set an “outperform” rating for the company. They noted that the move was a valuation call. Finally, Stephens upgraded shares of Aircastle from an “underweight” rating to an “equal” rating and set a $24.00 target price for the company in a report on Wednesday, February 14th. They noted that the move was a valuation call. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has issued a buy rating to the company. Aircastle presently has an average rating of “Hold” and a consensus price target of $24.60.
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Aircastle 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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