NYSE:AL
31.07
1.54
(4.72%)
Air Lease Corporation is an American aircraft leasing company founded in 2010 and headed by Steven Udvar-Házy.
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Air Lease
AL-N
Analysis and Opinions about AL-N
Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
June 22, 2020
(A Top Pick Jun 24/19, Down 22%) Going forward they are in the enviable position amongst competitors. The average age of aircraft leased to airlines is 3.7 years. Older planes are retired first. So they will hang on to their AL-N aircrafts. Airlines will be in a weaker position to purchase aircraft so will be more likely to lease them.
Show full opinionHide full opinion
(A Top Pick Jun 24/19, Down 22%) Going forward they are in the enviable position amongst competitors. The average age of aircraft leased to airlines is 3.7 years. Older planes are retired first. So they will hang on to their AL-N aircrafts. Airlines will be in a weaker position to purchase aircraft so will be more likely to lease them.
HOLD
HOLD
May 19, 2020
It's been hit like all airline stocks during this lockdown, and has fallen the most in his portfolio. It's the blue-chip airplane leasing company in the world, which is a plus. They own planes in the first third of their shelf life, another positive. They have a strong balance sheet. Another plus is that Asia is their biggest customer as well as eastern Europe, but not America, which has been disproportionately hit by the virus. He still likes it.
Show full opinionHide full opinionIt's been hit like all airline stocks during this lockdown, and has fallen the most in his portfolio. It's the blue-chip airplane leasing company in the world, which is a plus. They own planes in the first third of their shelf life, another positive. They have a strong balance sheet. Another plus is that Asia is their biggest customer as well as eastern Europe, but not America, which has been disproportionately hit by the virus. He still likes it.
PAST TOP PICK
PAST TOP PICK
December 16, 2019
(A Top Pick Mar 11/19, Up 39%) You have 20% growth on top and bottom lines next year and it is trading at 7.5 times earnings. He continues to like it.
Show full opinionHide full opinion(A Top Pick Mar 11/19, Up 39%) You have 20% growth on top and bottom lines next year and it is trading at 7.5 times earnings. He continues to like it.
PAST TOP PICK
PAST TOP PICK
November 11, 2019
(A Top Pick Dec 10/18, Up 27%) It is growing rapidly and is priced at a single digit PE ratio. The PE cannot fall much more than where it is now.
Show full opinionHide full opinion(A Top Pick Dec 10/18, Up 27%) It is growing rapidly and is priced at a single digit PE ratio. The PE cannot fall much more than where it is now.
TOP PICK
TOP PICK
November 11, 2019
They are expecting to grow revenues and earnings 25% next year and it is at 7 times earnings. This management team is building their second company of this sort. The 737max should resume service in January. They have 4-5% of their aircraft being the Maxes so their exposure is quite manageable. (Analysts’ price target is $55.20)
Show full opinionHide full opinionThey are expecting to grow revenues and earnings 25% next year and it is at 7 times earnings. This management team is building their second company of this sort. The 737max should resume service in January. They have 4-5% of their aircraft being the Maxes so their exposure is quite manageable. (Analysts’ price target is $55.20)
PAST TOP PICK
PAST TOP PICK
June 24, 2019
(A Top Pick Dec 10/18, Up 16%) He has owned it for 6 years. It was growing 20% and trading at 15 times. Since then it has gone up about 7% a year but the earnings per share have gone up 17% per year. It is still expected to grow at 20% this year and next even though trading at 7 times earnings.
Show full opinionHide full opinion(A Top Pick Dec 10/18, Up 16%) He has owned it for 6 years. It was growing 20% and trading at 15 times. Since then it has gone up about 7% a year but the earnings per share have gone up 17% per year. It is still expected to grow at 20% this year and next even though trading at 7 times earnings.
TOP PICK
TOP PICK
June 24, 2019
Growing 20% top and bottom line this year and next, at 7 times earnings it is too good to pass up. (Analysts’ price target is $52.91)
Show full opinionHide full opinionGrowing 20% top and bottom line this year and next, at 7 times earnings it is too good to pass up. (Analysts’ price target is $52.91)
WATCH
WATCH
May 27, 2019
He has owned it before. It has an excellent management team. But he thinks we have seen the peak of the aircraft cycle. He would keep it on the watch list.
Show full opinionHide full opinionHe has owned it before. It has an excellent management team. But he thinks we have seen the peak of the aircraft cycle. He would keep it on the watch list.
TOP PICK
TOP PICK
March 11, 2019
They are a distributor for aircraft. They buy in bulk. It is cheaper to lease it than to buy it direct. It is growing 20% this year and next and trading at about 6 times earnings. With the aircraft crash over the weekend it is probably an even better buying opportunity. (Analysts’ price target is $51.30)
Show full opinionHide full opinionThey are a distributor for aircraft. They buy in bulk. It is cheaper to lease it than to buy it direct. It is growing 20% this year and next and trading at about 6 times earnings. With the aircraft crash over the weekend it is probably an even better buying opportunity. (Analysts’ price target is $51.30)
TOP PICK
TOP PICK
December 10, 2018
He has recommended it in the past. It is back to its bottom end of valuation. They have an influx of deliveries next year. They are a distributor for planes outside North America. (Analysts’ price target is $58.38)
Show full opinionHide full opinionHe has recommended it in the past. It is back to its bottom end of valuation. They have an influx of deliveries next year. They are a distributor for planes outside North America. (Analysts’ price target is $58.38)
PAST TOP PICK
PAST TOP PICK
May 29, 2017
(Top Pick Aug 15/16, Up 36%) They are like a distributor for BA-N and Air Bus. He lightened up, but they are still growing. It is a hold now.
(Top Pick Aug 15/16, Up 36%) They are like a distributor for BA-N and Air Bus. He lightened up, but they are still growing. It is a hold now.
PAST TOP PICK
PAST TOP PICK
November 28, 2016
(A Top Pick Dec 14/15. Up 17.49%.) He still likes this. They’ve been delivering strong results for 3 years, but the PE multiple has continued to contract, and it has finally seen a lift. Had 21% EPS growth last quarter, and a 19% ROE on a pre-tax basis adjusted, which was their highest ever.
(A Top Pick Dec 14/15. Up 17.49%.) He still likes this. They’ve been delivering strong results for 3 years, but the PE multiple has continued to contract, and it has finally seen a lift. Had 21% EPS growth last quarter, and a 19% ROE on a pre-tax basis adjusted, which was their highest ever.
PAST TOP PICK
PAST TOP PICK
August 15, 2016
(Top Pick Jun 15/15, Down 21.69%) It is still growing at the same rate but the PE is now only 8. It is more attractive today than 3 years ago. He is still a believer. There is concern about low interest rates but that has been the case for several years. They are growing at double digits.
(Top Pick Jun 15/15, Down 21.69%) It is still growing at the same rate but the PE is now only 8. It is more attractive today than 3 years ago. He is still a believer. There is concern about low interest rates but that has been the case for several years. They are growing at double digits.
TOP PICK
TOP PICK
August 15, 2016
On the valuation side it does not get as much love as it should. The share price has been going sideways for three years and the earnings have been going up.
On the valuation side it does not get as much love as it should. The share price has been going sideways for three years and the earnings have been going up.
COMMENT
COMMENT
March 2, 2016
Aircraft leasing company. Earnings trajectory is very, very good. One of the problems is the chart. You can have a good company, but a technical drop in the chart. With a continuation of lower lows, you face a wall of sellers every time. From a bottom-up standpoint, he doesn’t mind this space at all, but technically this has a lot of work to do. If it gets through the gap between $30 and $35, he would be a little more constructive on it.
Aircraft leasing company. Earnings trajectory is very, very good. One of the problems is the chart. You can have a good company, but a technical drop in the chart. With a continuation of lower lows, you face a wall of sellers every time. From a bottom-up standpoint, he doesn’t mind this space at all, but technically this has a lot of work to do. If it gets through the gap between $30 and $35, he would be a little more constructive on it.
Air Lease(AL-N) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 3
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 4
Air Lease(AL-N) Frequently Asked Questions
What is Air Lease stock symbol?
Air Lease is a American stock, trading under the symbol AL-N on the New York Stock Exchange (AL). It is usually referred to as NYSE:AL or AL-N
Is Air Lease a buy or a sell?
In the last year, 4 stock analysts published opinions about AL-N. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for Air Lease.
Is Air Lease a good investment or a top pick?
Air Lease was recommended as a Top Pick by Teal Linde on 2020-06-22. Read the latest stock experts ratings for Air Lease.
Why is Air Lease stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Air Lease worth watching?
4 stock analysts on Stockchase covered Air Lease In the last year. It is a trending stock that is worth watching.
What is Air Lease stock price?
On 2020-09-18, Air Lease (AL-N) stock closed at a price of $31.07.
