Recent extremely meaningful positive changes in fundamentals have benefitted Air Lease Corp (NYSE: AL): the consensus estimate for December, 2024 increased significantly, the stock’s power rating rose above 70, the consensus estimate for December, 2025 increased significantly, and significant quarterly earnings acceleration occurred.
Important positive changes in Air Lease Corp (NYSE: AL) investment behavior have recently occurred: positive upside/downside volume developed.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, AL is expected to continue to be a Value Builder.
Air Lease has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Air Lease has a good Power Rating of 82 and a very high Appreciation Score of 94, resulting in the Highest Value Trend Rating.
Recent Price Action
On 4/26/24, Air Lease Corp (NYSE: AL) stock rose slightly by 0.2%, closing at $51.66. However, this advance was accompanied by exceptionally low trading volume at 42% of normal. The stock has risen 6.0% during the last week and has been strong relative to the market over the last nine months.
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