Aercap (NYSE:AER) Earns “Buy (B+)” Rating from Weiss Ratings

Aercap (NYSE:AER)‘s stock had its “buy (b+)” rating reissued by investment analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

A number of other analysts have also commented on the stock. Barclays boosted their price target on shares of Aercap from $115.00 to $131.00 and gave the company an “overweight” rating in a research note on Thursday, July 10th. Susquehanna upped their target price on shares of Aercap from $130.00 to $134.00 and gave the stock a “positive” rating in a research note on Wednesday, August 13th. Finally, Morgan Stanley upped their target price on shares of Aercap from $111.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 17th. Seven research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $122.57.

Aercap Stock Performance

Shares of AER stock opened at $121.48 on Wednesday. The firm has a market capitalization of $22.69 billion, a PE ratio of 7.55, a price-to-earnings-growth ratio of 2.44 and a beta of 1.40. The firm has a fifty day simple moving average of $119.33 and a two-hundred day simple moving average of $112.42. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 2.57. Aercap has a 12 month low of $85.57 and a 12 month high of $126.27.

Aercap (NYSE:AER) last announced its quarterly earnings results on Wednesday, July 30th. The financial services provider reported $2.83 EPS for the quarter, beating analysts’ consensus estimates of $2.75 by $0.08. The business had revenue of $1.89 billion during the quarter, compared to analyst estimates of $2.03 billion. Aercap had a net margin of 36.93% and a return on equity of 13.13%. Aercap’s quarterly revenue was down 3.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.01 EPS. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. Analysts forecast that Aercap will post 11.29 EPS for the current fiscal year.

Hedge Funds Weigh In On Aercap

Hedge funds and other institutional investors have recently made changes to their positions in the stock. American Century Companies Inc. boosted its holdings in shares of Aercap by 6.5% in the 1st quarter. American Century Companies Inc. now owns 129,341 shares of the financial services provider’s stock worth $13,215,000 after buying an additional 7,896 shares during the last quarter. Mather Group LLC. lifted its holdings in Aercap by 230.1% during the first quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 214 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in Aercap by 1.4% during the first quarter. Bank of New York Mellon Corp now owns 452,376 shares of the financial services provider’s stock valued at $46,219,000 after purchasing an additional 6,073 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Aercap by 9.8% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,996 shares of the financial services provider’s stock valued at $1,123,000 after purchasing an additional 978 shares during the last quarter. Finally, Zurich Insurance Group Ltd FI lifted its holdings in Aercap by 24.8% during the first quarter. Zurich Insurance Group Ltd FI now owns 129,682 shares of the financial services provider’s stock valued at $13,250,000 after purchasing an additional 25,780 shares during the last quarter. 96.42% of the stock is owned by hedge funds and other institutional investors.

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.