With 1.09 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.02 million shares. The 52-week range on AL shows that it touched its highest point at $59.26 and its lowest point at $38.25 during that stretch. It currently has a 1-year price target of $58.86. With its current market cap of 6.38 billion, AL has annualized dividend of $0.86 while the current yield stands at 1.51%. Beta for the stock currently stands at 1.36.
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 -0.51%, but this was up by 29.35% over a month. Three-month performance surged to 19.90% while six-month performance rose 18.39%. The stock gained 16.72% in the past year, while it has gained 18.46% so far this year. A look at the trailing 12-month EPS for AL yields 5.71 with Next year EPS estimates of 5.19. For the next quarter, that number is 1.57. This implies an EPS growth rate of 97.34% for this year and -21.03% for next year. EPS is expected to grow by 22.59% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -8.14%.
Float and Shares Shorts:
At present, 111.76 million AL shares are outstanding with a float of 103.84 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.29027 being high and $3.21769 being low. For AL, this leads to a yearly average estimate of $3.24838.
