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

AerCap Holdings (NYSE:AER) has been given a consensus recommendation of “Buy” by the seven brokerages that are currently covering the firm, Marketbeat.com reports. Seven investment analysts have rated the stock with a buy recommendation. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $87.71.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Signaturefd LLC raised its stake in shares of AerCap by 3.3% during the 4th quarter. Signaturefd LLC now owns 4,338 shares of the financial services provider’s stock worth $322,000 after buying an additional 137 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in AerCap by 2.4% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 6,613 shares of the financial services provider’s stock valued at $491,000 after purchasing an additional 154 shares during the last quarter. DGS Capital Management LLC raised its stake in AerCap by 2.2% in the 4th quarter. DGS Capital Management LLC now owns 7,236 shares of the financial services provider’s stock valued at $538,000 after purchasing an additional 155 shares during the last quarter. Wealthstar Advisors LLC raised its stake in AerCap by 1.3% in the 1st quarter. Wealthstar Advisors LLC now owns 12,843 shares of the financial services provider’s stock valued at $1,116,000 after purchasing an additional 160 shares during the last quarter. Finally, Gotham Asset Management LLC raised its stake in AerCap by 3.3% in the 3rd quarter. Gotham Asset Management LLC now owns 5,538 shares of the financial services provider’s stock valued at $347,000 after purchasing an additional 175 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.

AerCap Trading Up 0.3 %

NYSE AER opened at $85.47 on Friday. The firm has a 50 day simple moving average of $82.96 and a 200-day simple moving average of $74.47. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.33 and a current ratio of 0.33. AerCap has a one year low of $53.42 and a one year high of $88.44. The firm has a market cap of $16.92 billion, a price-to-earnings ratio of 6.04, a PEG ratio of 2.71 and a beta of 1.85.

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

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.