AerCap Holdings (NYSE:AER) has been given a consensus recommendation of “Hold” by the twelve brokerages that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $61.38.
A number of research firms have commented on AER. Zacks Investment Research raised shares of AerCap from a “hold” rating to a “buy” rating and set a $65.00 price objective for the company in a research note on Wednesday, August 8th. Morgan Stanley upped their price objective on shares of AerCap from $53.00 to $54.00 and gave the company an “underweight” rating in a research note on Monday, August 6th. Stephens lowered shares of AerCap from an “overweight” rating to an “equal weight” rating and set a $64.00 price objective for the company. in a research note on Tuesday, July 31st. Finally, Barclays reduced their price objective on shares of AerCap from $71.00 to $69.00 and set an “overweight” rating for the company in a research note on Tuesday, July 31st.
AER stock opened at $57.05 on Friday. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 3.27. AerCap has a one year low of $48.29 and a one year high of $58.30. The stock has a market cap of $8.42 billion, a price-to-earnings ratio of 9.01, a PEG ratio of 1.20 and a beta of 1.92.
AerCap (NYSE:AER) last posted its quarterly earnings data on Monday, July 30th. The financial services provider reported $1.70 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.23. AerCap had a net margin of 21.24% and a return on equity of 12.15%. The company had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.18 billion. During the same period in the prior year, the firm earned $1.67 earnings per share. The business’s quarterly revenue was down 5.5% on a year-over-year basis. sell-side analysts predict that AerCap will post 6.68 EPS for the current year.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Financial Gravity Wealth Inc. purchased a new stake in shares of AerCap in the first quarter worth approximately $146,000. Tower Research Capital LLC TRC purchased a new stake in shares of AerCap in the second quarter worth approximately $167,000. Commonwealth Equity Services LLC purchased a new stake in shares of AerCap in the second quarter worth approximately $224,000. CIBC World Markets Inc. purchased a new stake in shares of AerCap in the first quarter worth approximately $254,000. Finally, Truvestments Capital LLC purchased a new stake in shares of AerCap in the second quarter worth approximately $265,000. 85.75% of the stock is owned by institutional investors and hedge funds.
AerCap Holdings N.V., an aircraft leasing company, engages in the lease, financing, sale, and management of commercial aircraft and engines in Mainland China, Hong Kong, Macau, the United States, Ireland, and internationally. The company provides aircraft asset management services, including remarketing aircraft; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft; and conducting ongoing lessee financial performance reviews.
Further Reading: Book Value Per Share – BVPS
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