AerCap (AER) Getting Somewhat Favorable News Coverage, Study Finds
News articles about AerCap (NYSE:AER) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. AerCap earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 46.3536582333496 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:
- TD Ameritrade Holding Corp. (AMTD) Holdings Boosted by Westpac Banking Corp (tingoos.com)
- AerCap Holdings prices USD 1.15bn aggregate principal amount of senior notes (financial-news.co.uk)
- AerCap Holdings N.V. to Release Fourth Quarter 2017 Financial Results on February 14, 2018 (finance.yahoo.com)
- AerCap Holdings NV Announces Pricing of $1.15 Billion Aggregate Principal Amount of Senior Notes – Business Wire (press release) (businesswire.com)
- General Electric Has One Way to Fly Out of Trouble (bloomberg.com)
Shares of AerCap (NYSE:AER) traded up $0.38 on Friday, hitting $54.11. The stock had a trading volume of 641,326 shares, compared to its average volume of 806,940. AerCap has a fifty-two week low of $41.54 and a fifty-two week high of $54.70. The company has a debt-to-equity ratio of 3.17, a quick ratio of 0.42 and a current ratio of 0.42. The firm has a market cap of $8,550.25, a PE ratio of 7.98, a PEG ratio of 0.73 and a beta of 1.85.
AerCap declared that its Board of Directors has initiated a share buyback program on Thursday, November 2nd that authorizes the company to repurchase $200.00 million in shares. This repurchase authorization authorizes the financial services provider to purchase shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its stock is undervalued.
Several research firms have commented on AER. Zacks Investment Research cut AerCap from a “buy” rating to a “hold” rating in a report on Thursday, October 12th. UBS Group upped their price target on AerCap from $44.00 to $54.00 and gave the company a “neutral” rating in a report on Thursday, November 9th. Citigroup initiated coverage on AerCap in a report on Friday, December 8th. They issued a “neutral” rating and a $57.00 target price for the company. Cowen reissued a “buy” rating and issued a $55.00 target price on shares of AerCap in a report on Thursday, October 12th. Finally, Wells Fargo & Co set a $62.00 target price on AerCap and gave the stock a “buy” rating in a report on Friday, December 15th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $57.30.
AerCap Company Profile
AerCap Holdings N.V. is an independent aircraft leasing company. The Company focuses on acquiring in-demand aircraft, funding them, hedging interest rate risk and using its platform to deploy these assets. It operates its business on a global basis, leasing aircraft to customers in various geographical regions.
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