Fly Leasing stock: buy or sell?

FLY stock price: $20.80 -1.65% At close on September 20th, 2019

Updated on:
September 20th, 2019

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Shares of Fly Leasing closed today at $20.80 and declined a fatal -1.65%.

Fly Leasing Limited, together with its subsidiaries, purchases and leases commercial aircraft under multi-year contracts to various airlines worldwide.

Should I buy Fly Leasing stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Fly Leasing stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Fly Leasing stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we found 1 rating published for FLY stock in the last 30 days.

Is FLY a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-4-8Goldman Sachs Groupn/aBuy

Fly Leasing stock analysis

Daily outlook

Fly Leasing shares declined -1.65% to $20.80 today.

Shares of Fly Leasing closed today at $20.80 and declined a fatal -1.65%. Since SMA100d and SMA200d crossed up on May, FLY price climbed $4.25 per share (25.68%). In the last 32 days when FLY stock price broke up the SMA50d line, it gained $3.82 (22.50%). On September/6, FLY hit new all time highs, pushing higher previous ATH of $21.87 recorded on Sep 5th. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

FLY stock chart (daily)

Weekly outlook

Shares of Fly Leasing dropped a tragic -2.39% this week. By mid August FLY skyrocketed an astounding 15.10% in just one week.

Fly Leasing stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, FLY might consolidate in a flat-base, waiting to break out over or down under . Not so far away is the last all-time high Fly Leasing marked early September. Since SMA20d and SMA40w crossed up late May, FLY price climbed $4.74 per share (29.51%). Since early March when FLY stock price broke up the SMA40w line, it gained $9.34 (81.50%).

FLY stock chart (weekly)

Fly Leasing stock price history

Fly Leasing IPO was on September 28th, 2007 at $11.28 per share1. Since then, FLY stock surged a 84.40%, with a yearly average of 7.70%. If you had invested $1,000 in Fly Leasing stock in 2007, it would worth $844.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Fly Leasing stock historical price chart

FLY stock reached all-time highs on Sep/6 with a price of $22.11.

Fly Leasing stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' FLY stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not detected any price target for Fly Leasing stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

On March, Fly Leasing reported its latest financial data, posting a super good climb for the Earnings per Share (EPS). Analyst expected $0.58 per share, but Fly Leasing posted $0.94.
FLY earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.17n/a
2017-Q2-n/a0.14n/a
2017-Q32017-11-090.34-0.43n/a
2017-Q42018-03-080.530.25-52.8%
2018-Q12018-05-030.350.4425.7%
2018-Q22018-08-230.740.921.6%
2018-Q32018-11-080.470.7559.6%
2018-Q42019-03-070.580.9462.1%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, Fly Leasing annual turnover boosted a super good 15.12% to $400.19 million dollars from $347.63 marked in 2017. When comparing 2018 vs 2017, in line, profit margin (that is, the net income divided by revenues) climbed a 20.67% to 21.42%.

FLY annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$360 M-$53 M14.6%-
2014$405 M12.52%$56 M13.9%6.79%
2015$430 M6.26%$23 M5.3%-59.35%
2016$316 M-26.59%$-29.11 M-9.2%-227.70%
2017$348 M10.13%$2.60 M0.7%-108.92%
2018$400 M15.12%$86 M21.4%3,199.58%

Quarterly financial results

Fly Leasing posted $113.93 M in sales for 2018-Q4, a 14.49% up compared to previous quarter. Reported quarter income marked $31.01 M with a profit margin of 27.22%. Profit margin jumped a 6.38% compared to previous quarter when profit margin was 20.84%. When comparing revenues to same quarter last year, Fly Leasing sales marked a phenomenal gain and rose a 9.97%. Looking back to recent quarterly results, Fly Leasing posted 3 positive quarters in a row.
FLY quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$79 M-$5 M6.4%-
2017-Q2$81 M1.67%$3 M3.6%-42.52%
2017-Q3$86 M6.38%$-13 M-14.6%-528.22%
2017-Q4$104 M20.84%$7 M6.9%-157.34%
2018-Q1$87 M-15.79%$10 M11.0%34.31%
2018-Q2$99 M14.03%$24 M24.5%152.79%
2018-Q3$100 M0.02%$21 M20.8%-14.80%
2018-Q4$114 M14.49%$31 M27.2%49.51%

Fly Leasing ownership

When you are planning to buy shares of a company, it's worth to check its ownership structure.

Fly Leasing shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 4.18% of all shares.

In case of Fly Leasing stock, 0.31% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for FLY stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Fly Leasing:

FLYACYAERALAYR
Market cap$645.6 M$9.9 M$7.5 B$4.8 B$1.7 B
Total shares31.0 M1.6 M136.6 M111.7 M75.0 M
Float shares23.1 M1.2 M130.4 M104.1 M51.7 M
  - Institutional holdings (%)0.3%18.6%99.0%0.1%60.7%
  - Insider holdings (%)4.2%21.2%12.2%28.5%30.9%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

Fly Leasing summary

Friday, September 20th, 2019
Open$21.15
Close$20.80
Day range$20.59 - $21.30
Previous close$21.15
Session gain-1.65%
Average true range$0.64
50d mov avg$18.66
100d mov avg$17.50
200d mov avg$14.92
Daily pattern
Weekly pattern lt06a

Fly Leasing performance

To measure stock performance is always good to compare with competitors or related stocks. We selected AeroCentury, Aercap, Air Lease, Aircastle, CAI International, General Electric, Textainer and Willis Lease Finance as the bechmarking frame for Fly Leasing stock.
Stock3m6m12m
FLYFly Leasing22.86%54.99%45.15%
ACYAeroCentury-14.50%-47.31%-62.86%
AERAercap9.58%22.76%-4.24%
ALAir Lease6.30%31.44%-6.22%
AYRAircastle11.85%18.37%14.61%
CAICAI International-7.23%1.76%-14.73%
GEGeneral Electric-10.42%-5.92%-19.57%
TGHTextainer6.08%6.30%-24.62%
WLFCWillis Lease Fina...1.88%42.57%62.57%

Fly Leasing competitors

One check before investing in any stock is to have a look a list of its competitors, in this case for Fly Leasing. We selected 8 companies as Fly Leasing competitors as they are in the same industry or have similar market objectives.