Based on the aggregated intelligence of 140,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, Genesis Lease Limited
With that in mind, let's take a closer look at Genesis' business and see what CAPS investors are saying about the stock right now.
Genesis Lease facts
Headquarters (Founded) |
Shannon, Ireland (2006) |
Market Cap |
$234.2 million |
Industry |
Trading Companies and Distributors |
Trailing-12-Month Revenue |
$219.8 million |
Management |
Chairman / CEO John McMahon (since 2006) CFO Alan Jenkins (since 2006) |
Trailing-12-Month Return on Equity |
7.1% |
Cash / Debt |
$66.1 million / $1.1 billion |
Dividend Yield |
6.0% |
Competitors |
Boeing |
CAPS Members Bullish on GLS Also Bullish on |
Transocean |
CAPS Members Bearish on GLS Also Bearish on |
AIG |
Sources: Capital IQ (a division of Standard & Poor's) and Motley Fool CAPS.
On CAPS, 95% of the 292 members who have rated Genesis believe the stock will outperform the S&P 500 going forward. These bulls include rjs157 and All-Star TSIF, who is ranked in the top 1% of our community.
Late last month, rjs157 tapped Genesis as a tantalizing bet to take off:
Solid and simple business model. Low risk stock at a low price. Airline related companies should do well as the global economy improves.
In a pitch from last week, TSIF elaborates:
Leasing commercial jet aircraft and related high dollar items may not seem like a good deal in a recession. However, Genesis has been very successful in this, taking on some of the risk and cash expenditures that others don't want to incur, but who need the jets. The balance is tricky as holding extra assets not racking up lease payments would crimp the bottom line, but Genesis has been successful at bringing in more than ample revenue to cover the debt associated with high ticket assets. … With a P/E of 6, profit margins of 16%, and a P/B of 0.45 Genesis is beaten down more than it should be, even if a recession. It has a solid loan agreement with [General Electric] and is highly respected by the industry.
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