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Research Reports Initiation on Rental & Leasing Services Stocks -- Air Lease, Ryder System, Aaron's, and HERC

AL, AAN, HRI, R

PR Newswire

NEW YORK, November 18, 2016 /PRNewswire/ --

Companies in the Rental and Leasing Services segment are engaged in the renting of consumer goods and equipment, and the leasing of machinery and equipment often used for business operations. These firms provide a broad range of tangible goods to customers in return for a periodic rental or lease payment. Today, Stock-Callers.com focuses on the most recent performances of four equities: Air Lease Corp. (NYSE: AL), Ryder System Inc. (NYSE: R), Aaron's Inc. (NYSE: AAN), and HERC Holdings Inc. (NYSE: HRI). Learn more about these stocks by downloading their free report at:

http://stock-callers.com/registration

Air Lease  

Los Angeles, California-based Air Lease Corp.'s stock edged 0.35% higher, to close the day at $34.88. The stock recorded a trading volume of 1.41 million shares, which was above its three months average volume of 986,450 shares. Air Lease's shares have gained 17.13% in the last one month, 23.20% in the previous three months, and 4.11% in the past one year. Shares of the Company, which engages in the purchase and leasing of commercial jet transport aircraft to airlines in Asia, the Pacific Rim, Latin America, the Middle East, Europe, Africa, and North America, are trading 17.22% and 19.17% above its 50-day and 200-day moving averages, respectively. Additionally, the stock traded at a PE ratio of 10.47 and has a Relative Strength Index (RSI) of 80.68.

On November 3rd, 2016, Air Lease announced that for Q3 2016 it generated quarterly diluted EPS of $0.86, an increase of 21.1% compared to Q3 2015, resulting in a pre-tax return on equity of 17.8% for the trailing twelve months ended September 30th, 2016. The Company generated record quarterly revenues of $355.1 million for Q3 2016, an increase of 13.4% compared to $313.1 million for Q3 2015.

On November 4th, 2016, research firm FBR & Co. reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $35 a share to $36 a share. The free research report on AL is available at:

http://stock-callers.com/registration/?symbol=AL

Ryder System  

Miami, Florida-based Ryder System Inc.'s stock finished Thursday's session 0.14% lower at $78.70 with a total volume of 602,690 shares traded. Over the last one month and the previous three months, Ryder System's shares have gained 24.37% and 19.01%, respectively. Further, the stock has advanced 21.41% in the past one year. Shares of the Company, which provides transportation and supply chain management solutions to small businesses and large enterprises worldwide, are trading above its 50-day and 200-day moving averages by 16.46% and 21.59%, respectively. Ryder System's stock traded at a PE ratio of 14.45 and has an RSI of 75.80.

On November 1st, 2016, Ryder System announced the launch of its new fully responsive, mobile-friendly, pre-owned vehicle sales website, Usedtrucks.Ryder.com. The new site includes enhanced search tools and innovative new features to make it easier for customers to locate the best pre-owned vehicle to meet their needs.

On November 15th, 2016, research firm Stifel downgraded the Company's stock rating from 'Buy' to 'Hold', issuing a target price of $75 per share. The complimentary report on R can be downloaded at:

http://stock-callers.com/registration/?symbol=R

Aaron's  

On Thursday, shares in Atlanta, Georgia-based Aaron's Inc. recorded a trading volume of 688,423 shares, which was higher than their three months average volume of 566,980 shares. The stock ended the day 0.03% higher at $28.64. Shares of the Company, which operates as a specialty retailer of furniture, consumer electronics, computers, appliances, and household accessories in the US and Canada, are trading at a PE ratio of 15.05. Aaron's stock has gained 21.56% in the last one month, 13.56% in the previous three months, and 20.54% in the past one year. The Company is trading above its 50-day and 200-day moving averages by 15.19% and 17.91%, respectively. Furthermore, shares of Aaron's have an RSI of 76.87.

On November 2nd 2016, Aaron's Board of Directors declared a quarterly cash dividend of $.0275 per share on Common Stock, payable January 03rd, 2017 to shareholders of record as of the close of business on December 12th, 2016. This is an increase of 10.0% from the previous quarterly dividend of $0.025 per share and the eleventh consecutive year of an increase in quarterly dividend. Visit us today and download our complete research report on AAN for free at:

http://stock-callers.com/registration/?symbol=AAN

HERC Holdings  

On Thursday, shares in Estero, Florida headquartered HERC Holdings Inc. ended the session 1.38% lower at $37.98 with a total volume of 361,987 shares traded. HERC's shares have gained 29.18% in the last one month and 14.33% in the previous three months. The stock is trading 16.06% above its 50-day moving average and 23.42% above its 200-day moving average. Moreover, shares of the Company, which engages in the rental and lease of cars and trucks worldwide, are trading at a PE ratio of 14.99 and have an RSI of 67.66.

On November 8th, 2016, HERC reported that for Q3 2016 equipment rental revenues were $360.3 million and total revenues were $403.6 million compared to $373.2 million and $431.8 million, respectively, for Q3 2015. The Company reported Q3 2016 net income of $3.0 million, or $0.11 per diluted share, compared to $20.8 million, or $0.69 per diluted share, for Q3 2015. Get free access to your technical report on HRI at:

http://stock-callers.com/registration/?symbol=HRI

--

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