Stock To Watch: Fly Leasing Limited (NYSE:FLY)


The leading market experts have placed a mean price target of $16.50 on Fly Leasing Limited (NYSE:FLY) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.39 a share for the upcoming quarter and $1.50 for the current fiscal. Technical View The technical analysis of Fly Leasing Limited plainly substantiates that the 50-day moving average of Fly Leasing Limited is $10.93, and stock is hovering -0.81 or -7.39% distant from $10.93. It is noted that the 200-day MA is $11.93, and Fly Leasing Limited stock is $-1.81 or -15.15% off from this point. Fly Leasing Limited (NYSE:FLY) 52-week high is $16.05 and the 52-week low is $9.54. This explains if the stock moves $-5.93, it will post a 52-week high. In event of $+6.08% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Fly Leasing Limited, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Fly Leasing Limited (NYSE:FLY) ratio came in at 43.62. The stock last ended the trading session at $10.12 and registered a market cap of $340.02M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Fly Leasing Limited (NYSE:FLY) PEG ratio is at -4.13.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 5 times, 1 visits today)