AerCap Holdings (NYSE:AER) Receives Average Recommendation of “Buy” from Analysts

AerCap Holdings (NYSE:AER) has received an average rating of “Buy” from the seven research firms that are covering the stock, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a buy recommendation. The average twelve-month price target among brokerages that have covered the stock in the last year is $87.71.

Several equities research analysts recently issued reports on the stock. Susquehanna raised their target price on shares of AerCap from $80.00 to $90.00 and gave the stock a “positive” rating in a report on Monday, February 26th. Barclays increased their price target on shares of AerCap from $84.00 to $93.00 and gave the stock an “overweight” rating in a research report on Monday, February 26th. TD Cowen reiterated a “buy” rating and issued a $85.00 price target on shares of AerCap in a research report on Tuesday, February 27th. Finally, BMO Capital Markets decreased their price target on shares of AerCap from $103.00 to $101.00 and set an “outperform” rating on the stock in a research report on Monday, February 26th.

AerCap Price Performance

Shares of AER opened at $85.47 on Friday. The firm’s 50-day simple moving average is $82.96 and its two-hundred day simple moving average is $74.47. AerCap has a fifty-two week low of $53.42 and a fifty-two week high of $88.44. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.33 and a current ratio of 0.33. The stock has a market cap of $16.92 billion, a PE ratio of 6.04, a price-to-earnings-growth ratio of 2.71 and a beta of 1.85.

AerCap (NYSE:AER) last issued its earnings results on Friday, February 23rd. The financial services provider reported $3.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.44 by $0.67. AerCap had a net margin of 41.37% and a return on equity of 14.92%. The company had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.94 billion. During the same quarter last year, the company posted $2.66 earnings per share. The firm’s quarterly revenue was up 3.8% on a year-over-year basis. Analysts anticipate that AerCap will post 9.88 earnings per share for the current fiscal year.

Institutional Trading of AerCap

Institutional investors and hedge funds have recently modified their holdings of the company. Trust Co. of Vermont bought a new stake in shares of AerCap during the 4th 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. bought a new stake in AerCap in the 4th quarter valued at $42,000. Allworth Financial LP increased its holdings in AerCap by 2,460.0% in the 3rd quarter. Allworth Financial LP now owns 768 shares of the financial services provider’s stock valued at $48,000 after acquiring an additional 738 shares during the last quarter. Finally, CVA Family Office LLC bought a new stake in AerCap in the 1st quarter valued at $52,000. 96.42% of the stock is currently owned by institutional investors.

About AerCap

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.