Aircastle Director Buys $558,900 in Stock (AYR)
Aircastle (NYSE:AYR) Director Corp Marubeni bought 30,000 shares of the company’s stock in a transaction dated Tuesday, January 7th. The shares were purchased at an average price of $18.63 per share, with a total value of $558,900.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Aircastle (NYSE:AYR) opened at 18.54 on Wednesday. Aircastle has a 52-week low of $12.49 and a 52-week high of $19.50. The stock has a 50-day moving average of $18.65 and a 200-day moving average of $17.7. The company has a market cap of $1.498 billion and a P/E ratio of 120.39.
Aircastle (NYSE:AYR) last released its earnings data on Thursday, October 31st. The company reported $0.27 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.27. The company had revenue of $170.10 million for the quarter, compared to the consensus estimate of $161.00 million. During the same quarter in the previous year, the company posted $0.59 earnings per share. The company’s revenue for the quarter was down 1.6% on a year-over-year basis. Analysts expect that Aircastle will post $0.07 EPS for the current fiscal year.
A number of analysts have recently weighed in on AYR shares. Analysts at TheStreet upgraded shares of Aircastle to a “buy” rating in a research note to investors on Monday, December 30th. Separately, analysts at Zacks downgraded shares of Aircastle from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, November 13th. They now have a $21.00 price target on the stock. Finally, analysts at FBR Capital Markets raised their price target on shares of Aircastle from $19.00 to $21.00 in a research note to investors on Friday, November 1st. They now have a “market perform” rating on the stock. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $20.13.
Aircastle Limited (NYSE:AYR) is a global company that acquires, leases, and sells high-utility commercial jet aircraft to customers throughout the world.
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