Media coverage about FLY Leasing (NYSE:FLY) has been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. FLY Leasing earned a news impact score of 0.13 on Accern’s scale. Accern also assigned media headlines about the transportation company an impact score of 45.9485322107124 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
Shares of NYSE:FLY opened at $14.34 on Friday. FLY Leasing has a 12 month low of $14.19 and a 12 month high of $14.31. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 4.74. The firm has a market cap of $418.70 million, a P/E ratio of 159.33, a P/E/G ratio of 0.67 and a beta of 0.90.
FLY Leasing (NYSE:FLY) last issued its quarterly earnings data on Thursday, May 3rd. The transportation company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.09. FLY Leasing had a net margin of 1.98% and a return on equity of 3.02%. The business had revenue of $88.76 million for the quarter, compared to analyst estimates of $87.16 million. During the same period last year, the business posted $0.34 earnings per share. The firm’s quarterly revenue was up 12.0% on a year-over-year basis. research analysts predict that FLY Leasing will post 2.17 earnings per share for the current fiscal year.
A number of brokerages recently commented on FLY. Zacks Investment Research lowered shares of FLY Leasing from a “hold” rating to a “sell” rating in a report on Wednesday, May 9th. Royal Bank of Canada raised their price objective on shares of FLY Leasing to $30.00 and gave the stock an “outperform” rating in a report on Monday, May 7th. ValuEngine upgraded shares of FLY Leasing from a “hold” rating to a “buy” rating in a report on Wednesday, March 7th. Finally, JPMorgan Chase raised their price objective on shares of FLY Leasing from $14.00 to $15.00 and gave the stock an “underweight” rating in a report on Tuesday, March 6th. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus 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 Dún Laoghaire, Ireland.
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