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

AerCap Holdings (NYSE:AER) has been assigned an average recommendation of “Moderate Buy” from the seven brokerages that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $112.00.

A number of analysts recently commented on AER shares. The Goldman Sachs Group restated a “buy” rating and set a $119.00 price target on shares of AerCap in a research note on Thursday, November 21st. Deutsche Bank Aktiengesellschaft raised their price target on AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd.

AerCap Stock Performance

NYSE:AER opened at $95.65 on Monday. The company has a market capitalization of $18.93 billion, a P/E ratio of 7.58, a P/E/G ratio of 2.09 and a beta of 1.82. The business has a fifty day simple moving average of $96.02 and a two-hundred day simple moving average of $95.02. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67. AerCap has a 1 year low of $75.83 and a 1 year high of $100.81.

AerCap (NYSE:AER) last announced its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $2.41. The business had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $1.92 billion. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The firm’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the previous year, the business posted $2.81 EPS. On average, analysts expect that AerCap will post 11.25 earnings per share for the current year.

Institutional Investors Weigh In On AerCap

Several large investors have recently added to or reduced their stakes in the business. First Horizon Advisors Inc. boosted its position in shares of AerCap by 15.3% during the 3rd quarter. First Horizon Advisors Inc. now owns 814 shares of the financial services provider’s stock valued at $77,000 after acquiring an additional 108 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in AerCap by 0.6% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,192 shares of the financial services provider’s stock worth $1,837,000 after acquiring an additional 115 shares in the last quarter. Dupree Financial Group LLC lifted its stake in AerCap by 0.4% during the third quarter. Dupree Financial Group LLC now owns 28,395 shares of the financial services provider’s stock worth $2,690,000 after purchasing an additional 121 shares during the last quarter. UMB Bank n.a. boosted its holdings in shares of AerCap by 35.5% in the 3rd quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock worth $63,000 after purchasing an additional 174 shares in the last quarter. Finally, Toth Financial Advisory Corp bought a new position in AerCap during the fourth quarter valued at approximately $29,000. Institutional investors own 96.42% of the company’s stock.

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.