Aircastle Limited AYR was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session.This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $20.15 to $21.53 in the past one-month time frame.
The company has seen one positive estimate revision in the past month, while the Zacks Consensus Estimate for the current quarter has remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Aircastle currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Investors interested in the Transportation – Equipment and Leasing industry may consider a better-ranked stock like Trinity Industries, Inc. TRN, which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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