AerCap Holdings (NYSE:AER) Receives $112.00 Average Target Price from Brokerages

AerCap Holdings (NYSE:AER) has received an average rating of “Moderate Buy” from the seven analysts that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $112.00.

A number of research firms have recently issued reports on AER. The Goldman Sachs Group reaffirmed a “buy” rating and set a $119.00 price objective on shares of AerCap in a report on Thursday, November 21st. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd.

AerCap Stock Up 0.6 %

Shares of NYSE:AER opened at $95.86 on Monday. The firm has a fifty day moving average price of $96.11 and a two-hundred day moving average price of $95.03. 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 one year low of $75.83 and a one year high of $100.81. The company has a market cap of $18.97 billion, a price-to-earnings ratio of 7.60, a PEG ratio of 2.07 and a beta of 1.82.

AerCap (NYSE:AER) last posted its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $2.41. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The company had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.92 billion. During the same period in the previous year, the firm posted $2.81 EPS. The firm’s revenue was up 3.0% compared to the same quarter last year. Analysts anticipate that AerCap will post 11.26 EPS for the current fiscal year.

Hedge Funds Weigh In On AerCap

A number of hedge funds have recently modified their holdings of the company. First Horizon Advisors Inc. increased its position in shares of AerCap by 15.3% in the third 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 period. Sumitomo Mitsui DS Asset Management Company Ltd increased its position in shares of AerCap by 0.6% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,192 shares of the financial services provider’s stock valued at $1,837,000 after buying an additional 115 shares during the period. Dupree Financial Group LLC increased its position in shares of AerCap by 0.4% during the third quarter. Dupree Financial Group LLC now owns 28,395 shares of the financial services provider’s stock valued at $2,690,000 after buying an additional 121 shares during the period. UMB Bank n.a. grew its holdings in AerCap by 35.5% in the third 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 during the period. Finally, Toth Financial Advisory Corp purchased a new stake in AerCap in the fourth quarter worth about $29,000. Hedge funds and other 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.