ACY stock: buy or sell?
September 20th, 2019
AeroCentury Corp. acquires aircraft and aircraft engines for lease to regional airlines in the United States and internationally.
Should I buy ACY stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to define your own trading strategy that matches with your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, AeroCentury stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is AeroCentury stock a buy?
Financial institutions and banks post stock ratings everyday.Unfortunately, we couldn't find any rating for ACY stock for the last 30 days.
ACY stock analysis
AeroCentury declined a disappointing -0.78% and closed at $6.37.
Shares of AeroCentury declined a disappointing -0.78% and closed at $6.37. Since price and SMA50d lines crossed down on May, ACY fell $-4.68 per share (-42.35%).
AeroCentury collapsed a spooky -7.41% this week. Early September ACY climbed a wonderful 5.39% in just one week.
Since price and 40-weeks moving average lines crossed down late September 2018, ACY fell $-9.63 per share (-60.19%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support.
ACY stock price history
ACY IPO was on January 20th, 1998 at $8.75 per share1. Since then, ACY stock declined a -27.20%, with a yearly average of -1.30%.
1: Adjusted price after possible price splits or reverse-splits.
ACY stock historical price chart
ACY stock reached 52-week highs at $17.35, and all-time highs 2008-01-04 with a price of 26.67.
ACY stock price targetNobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we have not detected any price forecast for AeroCentury stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAeroCentury presented super good results for 2018-Q4 on March. AeroCentury boosted Earnings per Share (EPS) by 1,700.00%, beating experts of $-0.01. AeroCentury posted $-0.18.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, AeroCentury annual sales collapsed a dreadful -12.20% to $30.52 M USD from $34.76 marked in 2017. Aligned with this, its income margin (compared to sales) collapsed to -26.48%, that is $-8.08 million.
|2013||$34 M||-||$8.34 M24.2%||-|
|2014||$25 M||-26.48%||$-11.29 M-44.6%||-235.42%|
|2015||$31 M||23.43%||$6.44 M20.6%||-157.00%|
|2016||$27 M||-15.00%||$1.22 M4.6%||-81.02%|
|2017||$35 M||30.92%||$7.40 M21.3%||505.65%|
|2018||$31 M||-12.20%||$-8.08 M-26.5%||-209.22%|
Quarterly financial resultsAeroCentury posted $9.06 M in sales for 2018-Q4, a 21.80% improvement compared to previous quarter. Reported quarter income marked $-3.83 million with a profit margin of -42.33%. Profit margin climbed a 17.97% compared to previous quarter when profit margin was -60.31%. When comparing turnover to same quarter last year, AeroCentury sales marked a scary loss and plunged a -11.71%. Looking back to recent quarterly results, AeroCentury posted 3 negative quarters in a row.
|2017-Q1||$8 M||-||$0.64 M8.4%||-|
|2017-Q2||$8 M||7.72%||$0.36 M4.3%||-44.55%|
|2017-Q3||$8 M||1.33%||$0.38 M4.6%||8.10%|
|2017-Q4||$10 M||22.99%||$6.02 M58.7%||1,465.02%|
|2018-Q1||$7 M||-33.29%||$0.32 M4.6%||-94.73%|
|2018-Q2||$7 M||5.02%||$-0.08 M-1.1%||-125.56%|
|2018-Q3||$7 M||3.48%||$-4.48 M-60.3%||5,428.61%|
|2018-Q4||$9 M||21.80%||$-3.83 M-42.3%||-14.50%|
AeroCentury ownershipWhen you are planning to invest in shares of a stock, it's always worth to check its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For AeroCentury, 21.16% of all outstanding shares are owned by its staff.
In case of AeroCentury stock, 18.59% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for ACY stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related companies:
|Market cap||$9.9 M||$7.5 B||$4.8 B||$618.7 M||$2.5 B|
|Total shares||1.6 M||136.6 M||111.7 M||57.5 M||73.9 M|
|Float shares||1.2 M||130.4 M||104.1 M||24.7 M||53.6 M|
|- Institutional holdings (%)||18.6%||99.0%||0.1%||27.4%||57.4%|
|- Insider holdings (%)||21.2%||12.2%||28.5%||58.8%||11.7%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$6.31 - $6.75|
|Average true range||$0.27|
|50d mov avg||$7.46|
|100d mov avg||$8.87|
|200d mov avg||$11.68|
AeroCentury performanceTo better understand AeroCentury performance you must becnhmark its gains with other related stocks in same sector or industry. We chose Aercap, Air Lease, Textainer and Triton International as the bechmarking frame for AeroCentury stock.