With 0.59 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.67 million shares. During the session, the Rental & Leasing Services company that operates in wider Industrials sector, reached to the highest price of $47.2061 whereas the lowest price it dropped to was $45.73. The 52-week range on AL shows that it touched its highest point at $52.31 and its lowest point at $39.15 during that stretch. It currently has a 1-year price target of $55.50. With its current market cap of 5.13 billion, AL has annualized dividend of $0.85 while the current yield stands at 1.85%. AL paid its most recent dividend on 1733961600, while the ex-dividend date for that was 1733961600. Beta for the stock currently stands at 1.61.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AL was down-trending over the past week, with a drop of -2.58%, but this was down by -6.84% over a month. Three-month performance surged to 5.14% while six-month performance fell -7.81%. The stock gained 15.79% in the past year, while it has lost -4.50% so far this year. A look at the trailing 12-month EPS for AL yields 4.39 with Next year EPS estimates of 4.46. For the next quarter, that number is 0.78. This implies an EPS growth rate of -36.05% for this year and 35.79% for next year. EPS is expected to grow by 6.95% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 2.32%.
Float and Shares Shorts:
At present, 111.38 million AL shares are outstanding with a float of 103.96 million shares on hand for trading. On 2024-12-31, short shares totaled 2.83 million, which was 254.0 higher than short shares on 1732838400. In addition to Mr. Steven F. Udvar-Hazy as the firm’s Executive Chairman of the Board, Mr. John L. Plueger CPA serves as its CEO, President & Director.
Institutional Ownership:
Through their ownership of 0.9957 of AL’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, AL reported revenue of $690164000.0 and operating income of $144603000.0. The EBITDA in the recently reported quarter was $434735000.0 and diluted EPS was $0.82.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AL since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With AL analysts setting a high price target of 72.0 and a low target of 47.0, the average target price over the next 12 months is 57.85714. Based on these targets, AL could surge 56.39% to reach the target high and rise by 2.09% to reach the target low. Reaching the average price target will result in a growth of 25.67% from current levels.
Analysts have provided yearly estimates in a range of $3.36067 being high and $3.2365 being low. For AL, this leads to a yearly average estimate of $3.28695. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
