NYSE:AL
47.07
0.67
(1.40%)
Air Lease Corporation is an American aircraft leasing company founded in 2010 and headed by Steven Udvar-Házy.
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Analysis and Opinions about AL-N
Signal
Opinion
Expert
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.
TOP PICK
TOP PICK
December 14, 2015
(Top Pick Dec 11/14, Down 10.97%) The chart is going sideways and the earnings are growing 15-20%. There is a high likelihood of appreciation. Air craft leasing. Excellent management. They have an order file of $34 Billion and $9 Billion in assets. They have room to grow.
(Top Pick Dec 11/14, Down 10.97%) The chart is going sideways and the earnings are growing 15-20%. There is a high likelihood of appreciation. Air craft leasing. Excellent management. They have an order file of $34 Billion and $9 Billion in assets. They have room to grow.
STRONG BUY
STRONG BUY
September 14, 2015
They just came out with great earnings. It is attractive, but reminds him of EFN-T which didn’t do anything for a year. He might have made AL-N a top pick today. He likes to hold stocks 3-5 years.
They just came out with great earnings. It is attractive, but reminds him of EFN-T which didn’t do anything for a year. He might have made AL-N a top pick today. He likes to hold stocks 3-5 years.
