How Do Analysts See Aircastle Limited (AYR) Performing Over The Next Year?
Aircastle Limited (NYSE:AYR) is expected to deliver a solid 43.08% in earnings growth per share over the next three years. At a current EPS of $1.658, this growth rate means shareholders can expect an impending EPS of $2.372. To determine whether this growth rate expectation is justified, we should take a look at how the company has been performing in the past. Check out our latest analysis for Aircastle
Can we expect AYR to keep growing?
AYR is covered by 7 analysts who by consensus are expecting earnings to increase from today’s level of $1.658 to $2.372 over the next couple of years. This illustrates a relatively optimistic outlook in the near term, with a relatively solid earnings per share growth rate of 43.08% over the next few years. In the same period and net income is predicted to slightly grow from $129M to $185M in the next couple of years, growing by 43.08%. However, margins look rather unappealing at the current levels of revenue and earnings.
Is the growth built on solid basis?
The past can be an insightful indicator for future performance for a stock. We can determine whether this level of expected growth is highly excessive or whether the company has consistently exhibited strength. AYR’s earnings growth the past couple of years was 54.23% which indicates that the company’s past performance is quite revealing of future outcome. This means AYR has already proven its capacity to grow at a strong rate, which should give investors higher conviction of analysts’ consensus prediction for the company’s future growth going forward.
Next Steps:
For AYR, I’ve put together three essential factors you should further examine:
1. Financial Health: Does it have a healthy balance sheet? Take a look at our free balance sheet analysis with six simple checks on key factors like leverage and risk.
2. Future Earnings: How does AYR’s growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart.
3. Other High-Growth Alternatives : Are there other high-growth stocks you could be holding instead of AYR? Explore our interactive list of stocks with large growth potential to get an idea of what else is out there you may be missing!
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.
