Aercap (NYSE:AER) Upgraded at Zacks Research

Zacks Research upgraded shares of Aercap (NYSE:AER) from a hold rating to a strong-buy rating in a research note issued to investors on Thursday,Zacks.com reports.

Other equities research analysts also recently issued research reports about the company. Weiss Ratings restated a “buy (b+)” rating on shares of Aercap in a report on Wednesday, October 8th. Morgan Stanley boosted 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. Susquehanna boosted 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, Barclays boosted their target price on shares of Aercap from $115.00 to $131.00 and gave the stock an “overweight” rating in a research note on Thursday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $122.57.

Aercap Price Performance

Shares of NYSE AER opened at $120.39 on Thursday. The stock’s 50-day moving average is $120.83 and its two-hundred day moving average is $113.27. The company has a debt-to-equity ratio of 2.57, a current ratio of 0.44 and a quick ratio of 0.44. Aercap has a 1-year low of $85.57 and a 1-year high of $126.27. The company has a market cap of $22.49 billion, a price-to-earnings ratio of 7.49, a price-to-earnings-growth ratio of 2.41 and a beta of 1.40.

Aercap (NYSE:AER) last issued its quarterly earnings results on Wednesday, July 30th. The financial services provider reported $2.83 earnings per share for the quarter, topping the consensus estimate of $2.75 by $0.08. Aercap had a return on equity of 13.13% and a net margin of 36.93%.The company had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $2.03 billion. During the same quarter in the prior year, the business earned $3.01 EPS. Aercap’s revenue was down 3.6% on a year-over-year basis. 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.

Aercap Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Wednesday, August 13th were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 0.9%. The ex-dividend date was Wednesday, August 13th. Aercap’s dividend payout ratio is currently 6.72%.

Hedge Funds Weigh In On Aercap

Large investors have recently bought and sold shares of the stock. Mather Group LLC. boosted its stake in Aercap by 230.1% in the first quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock valued at $31,000 after acquiring an additional 214 shares in the last quarter. Quarry LP acquired a new position in Aercap in the first quarter valued at $37,000. Caitong International Asset Management Co. Ltd acquired a new position in Aercap in the second quarter valued at $43,000. Geneos Wealth Management Inc. boosted its stake in Aercap by 26.6% in the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock valued at $46,000 after acquiring an additional 94 shares in the last quarter. Finally, Whittier Trust Co. acquired a new position in Aercap in the second quarter valued at $53,000. Institutional investors and hedge funds 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.