AerCap Holdings (NYSE:AER) Receives $87.71 Average PT from Analysts

Shares of AerCap Holdings (NYSE:AER) have earned a consensus rating of “Buy” from the seven analysts that are currently covering the company, MarketBeat.com reports. Seven analysts have rated the stock with a buy rating. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $91.43.

A number of research firms recently issued reports on AER. Susquehanna raised their target price on shares of AerCap from $90.00 to $100.00 and gave the company a “positive” rating in a research note on Thursday. Barclays raised their price target on AerCap from $93.00 to $94.00 and gave the company an “overweight” rating in a research report on Thursday. TD Cowen increased their target price on AerCap from $95.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday. Finally, BMO Capital Markets dropped their price target on AerCap from $103.00 to $101.00 and set an “outperform” rating on the stock in a research report on Monday, February 26th.

Institutional Trading of AerCap

Hedge funds have recently modified their holdings of the company. Trust Co. of Vermont acquired a new position in shares of AerCap in the fourth quarter valued at $27,000. Optiver Holding B.V. bought a new stake in AerCap in the 3rd quarter valued at $32,000. Assetmark Inc. acquired a new position in shares of AerCap in the 4th quarter valued at $42,000. Allworth Financial LP lifted its holdings in shares of AerCap by 2,460.0% during the 3rd quarter. Allworth Financial LP now owns 768 shares of the financial services provider’s stock worth $48,000 after acquiring an additional 738 shares during the period. Finally, CVA Family Office LLC bought a new stake in AerCap in the first quarter valued at about $52,000. Institutional investors own 96.42% of the company’s stock.

AerCap Trading Up 0.9 %

Shares of NYSE:AER opened at $87.57 on Friday. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 2.80. The stock has a market capitalization of $17.33 billion, a PE ratio of 5.70, a P/E/G ratio of 2.92 and a beta of 1.84. AerCap has a 1 year low of $53.42 and a 1 year high of $88.54. The firm has a fifty day moving average price of $83.94 and a 200 day moving average price of $75.54.

AerCap (NYSE:AER) last issued its quarterly earnings data on Wednesday, May 1st. The financial services provider reported $3.29 earnings per share for the quarter, beating analysts’ consensus estimates of $2.31 by $0.98. The business had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $1.95 billion. AerCap had a return on equity of 15.41% and a net margin of 42.78%. The firm’s revenue was up 8.1% compared to the same quarter last year. During the same period last year, the business earned $2.34 EPS. Analysts expect that AerCap will post 9.2 EPS for the current fiscal year.

AerCap Company Profile

AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in China, Hong Kong, Macau, the United States, Ireland, and internationally. The company offers aircraft asset management services, such as remarketing aircraft and engines; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft and engines; and conducting ongoing lessee financial performance reviews.