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 analysts that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $112.00.

A number of analysts have 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 upped their target price on shares of AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd.

Institutional Investors Weigh In On AerCap

A number of institutional investors have recently added to or reduced their stakes in AER. Global Retirement Partners LLC increased its position in shares of AerCap by 37.5% during the fourth quarter. Global Retirement Partners LLC now owns 6,957 shares of the financial services provider’s stock valued at $666,000 after acquiring an additional 1,899 shares during the last quarter. Atria Wealth Solutions Inc. increased its position in shares of AerCap by 5.8% during the 4th quarter. Atria Wealth Solutions Inc. now owns 5,547 shares of the financial services provider’s stock valued at $531,000 after purchasing an additional 306 shares during the last quarter. Truist Financial Corp raised its stake in shares of AerCap by 5.2% during the 4th quarter. Truist Financial Corp now owns 44,670 shares of the financial services provider’s stock worth $4,275,000 after purchasing an additional 2,201 shares during the period. CIBC Asset Management Inc boosted its holdings in shares of AerCap by 12.5% in the 4th quarter. CIBC Asset Management Inc now owns 21,546 shares of the financial services provider’s stock worth $2,062,000 after buying an additional 2,401 shares during the last quarter. Finally, Principal Financial Group Inc. grew its position in AerCap by 2.1% during the fourth quarter. Principal Financial Group Inc. now owns 15,857 shares of the financial services provider’s stock valued at $1,518,000 after buying an additional 323 shares during the period. 96.42% of the stock is owned by institutional investors.

AerCap Price Performance

AER stock opened at $95.65 on Monday. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67. The company’s 50-day moving average is $96.02 and its 200-day moving average is $95.02. The stock has a market capitalization of $18.93 billion, a PE ratio of 7.58, a price-to-earnings-growth ratio of 2.09 and a beta of 1.82. 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 results on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.41. The business had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.92 billion. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The company’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.81 earnings per share. Equities research analysts expect that AerCap will post 11.25 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.