Aercap (NYSE:AER) Stock Price Expected to Rise, Morgan Stanley Analyst Says

Aercap (NYSE:AER) had its price target increased by equities research analysts at Morgan Stanley from $120.00 to $150.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm currently has an “equal weight” rating on the financial services provider’s stock. Morgan Stanley’s target price indicates a potential upside of 9.11% from the company’s previous close.

Several other brokerages also recently weighed in on AER. Barclays increased their target price on shares of Aercap from $132.00 to $144.00 and gave the company an “overweight” rating in a research note on Thursday, October 30th. TD Cowen increased their price objective on shares of Aercap from $135.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Cowen restated a “buy” rating on shares of Aercap in a research report on Thursday, October 30th. Susquehanna upped their target price on Aercap from $134.00 to $157.00 and gave the company a “positive” rating in a research note on Tuesday. Finally, Zacks Research raised Aercap from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $140.57.

Aercap Price Performance

NYSE:AER opened at $137.48 on Tuesday. The firm has a market capitalization of $25.68 billion, a price-to-earnings ratio of 6.51, a PEG ratio of 2.50 and a beta of 1.40. The company has a debt-to-equity ratio of 2.57, a current ratio of 0.44 and a quick ratio of 0.44. The business has a 50 day simple moving average of $124.33 and a 200-day simple moving average of $117.55. Aercap has a 1 year low of $85.57 and a 1 year high of $138.32.

Aercap (NYSE:AER) last released its quarterly earnings results on Wednesday, October 29th. The financial services provider reported $4.97 earnings per share for the quarter, beating the consensus estimate of $3.16 by $1.81. The company had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2 billion. Aercap had a return on equity of 15.31% and a net margin of 45.41%.Aercap’s quarterly revenue was up 18.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.41 EPS. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. Equities analysts forecast that Aercap will post 11.29 EPS for the current year.

Institutional Trading of Aercap

A number of large investors have recently modified their holdings of the company. Norges Bank bought a new position in shares of Aercap during the 2nd quarter worth $241,392,000. Mawer Investment Management Ltd. purchased a new stake in Aercap in the second quarter worth about $181,377,000. 59 North Capital Management LP grew its holdings in Aercap by 40.6% during the 1st quarter. 59 North Capital Management LP now owns 5,209,534 shares of the financial services provider’s stock worth $532,258,000 after acquiring an additional 1,504,620 shares in the last quarter. Dorsey Asset Management LLC bought a new position in Aercap during the 1st quarter worth about $116,325,000. Finally, Ninety One UK Ltd increased its position in Aercap by 44.8% during the 2nd quarter. Ninety One UK Ltd now owns 2,794,925 shares of the financial services provider’s stock valued at $327,006,000 after purchasing an additional 864,348 shares during the period. Hedge funds and other institutional investors own 96.42% of the company’s stock.

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.