Aircastle stock: buy or sell?
September 20th, 2019
Aircastle Limited, through its subsidiaries, leases, finances, sells, and manages commercial flight equipment to airlines worldwide.
Should I buy Aircastle stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to define your own trading strategy that matches with your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
These 2 buy setups are elegible for Aircastle stock now:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Aircastle stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we gathered 2 ratings published for AYR stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-4-8||Goldman Sachs Group||n/a||Sell|
|2019-2-14||Bank of America||Neutral||Underperform|
Aircastle stock analysis
After reaching all time highs on Tuesday, Aircastle slightly fell -1.04% to $22.75.
Aircastle slightly fell -1.04% to $22.75 after reaching all time highs on Tuesday. From a daily perspective, AYR is in a short term uptrend after plotting its last bottom ($20.72, on August 23rd) higher than the previous bottom, and its last top ($23.55, on Tuesday) also over the previous top. Now trading in between its last bottom and last top AYR might consolidate in a plain range, waiting to break out over $23.55 or down under $20.72. On May, SMA100d and SMA200d crossed up triggering a rise of 19.23%. On August/15 AYR price bounced up over the SMA of 100 days demonstrating to be a significant support for this stock. On Tuesday, AYR hit new all time highs, pushing higher previous ATH of $23.36 recorded on September/13. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
After climbing for 4 weeks, this week Aircastle slightly fell an unpleasant -1.26%, closing at $22.75. Late July AYR plummed a dreadful -5.62% in just one week.
It touched new all-time highs again this week, setting highs to $23.55. Since late April when SMA20w and SMA40w crossed up, AYR price gained $3.43 per share (17.75%). Since price and SMA40w lines crossed up by mid March, AYR climbed $4.00 (21.33%).
Aircastle stock price history
Aircastle stock went public on August 8th, 2006 with a price of $13.621. Since then, AYR stock surged a 67.00%, with an average of 5.20% per year. If you had invested right after AYR's IPO a $1,000 in Aircastle stock in 2006, it would worth $670.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Aircastle stock historical price chart
AYR stock reached all-time highs on Tuesday with a price of $23.55.
Aircastle stock price target is $19.00Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We detected 2 price targets for Aircastle stock published in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-4-8||Goldman Sachs Group||Initiates||n/a||$18.00||-|
|2019-2-14||Bank of America||Downgrades||$23.00||$20.00||-13%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, Aircastle failed to meet the expectations of the experts and posted a bad EPS of $1.35 per share when experts were expecting $1.42.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw a fine gain of 4.53% to $890.35 million USD. Instead, its profit margin (compared to sales) climbed to 27.85%, that is $247.92 million.
|2013||$709 M||-||$30 M4.2%||-|
|2014||$819 M||15.52%||$101 M12.3%||241.33%|
|2015||$819 M||0.07%||$122 M14.9%||20.73%|
|2016||$773 M||-5.65%||$151 M19.6%||24.42%|
|2017||$852 M||10.20%||$148 M17.4%||-2.36%|
|2018||$890 M||4.53%||$248 M27.8%||67.66%|
Quarterly financial resultsAircastle reported $292.57 M in sales for 2018-Q4, a 53.31% improvement compared to previous quarter. Reported quarter income marked $103.84 M with a profit margin of 35.49%. Profit margin boosted a 16.45% compared to previous quarter when profit margin was 19.04%. When comparing sales to same quarter last year, Aircastle sales marked an outstanding growth and skyrocketed a 106.80%.
|2017-Q1||$204 M||-||$42 M20.6%||-|
|2017-Q2||$224 M||9.43%||$-7 M-3.2%||-116.88%|
|2017-Q3||$191 M||-14.37%||$57 M30.0%||-906.62%|
|2017-Q4||$141 M||-26.09%||$55 M39.0%||-4.02%|
|2018-Q1||$197 M||39.18%||$58 M29.2%||4.40%|
|2018-Q2||$204 M||3.74%||$50 M24.6%||-12.76%|
|2018-Q3||$191 M||-6.58%||$36 M19.0%||-27.63%|
|2018-Q4||$293 M||53.31%||$104 M35.5%||185.80%|
Aircastle ownershipWhen you are planning to buy shares of a stock, it's worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Aircastle, 30.85% of all outstanding shares are owned by its staff.
In case of Aircastle stock, 60.74% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for AYR stock account 0.00%, no big difference from last month.
For a better understanding, the next table shows ownership data compared to other related companies:
|Market cap||$1.7 B||$10.0 M||$7.5 B||$4.8 B||$397.9 M|
|Total shares||75.0 M||1.6 M||136.6 M||111.7 M||17.4 M|
|Float shares||51.7 M||1.2 M||130.4 M||104.1 M||12.3 M|
|- Institutional holdings (%)||60.7%||18.6%||99.0%||0.1%||89.0%|
|- Insider holdings (%)||30.9%||21.2%||12.2%||28.5%||13.8%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$22.72 - $23.18|
|Average true range||$0.54|
|50d mov avg||$21.19|
|100d mov avg||$20.57|
|200d mov avg||$19.68|
Aircastle performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. In the following table, we compare Aircastle performance to AeroCentury, Aercap, Air Lease, CAI International, Fly Leasing, Textainer and Willis Lease Finance:
|WLFCWillis Lease Fina...||2.95%||44.07%||64.29%|