Shares of AerCap Holdings (NYSE:AER) have been given an average rating of “Hold” by the eleven research firms that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $61.71.
A number of brokerages have recently issued reports on AER. Morgan Stanley reduced their target price on shares of AerCap from $54.00 to $49.00 and set an “underweight” rating for the company in a research report on Wednesday, November 14th. Zacks Investment Research cut shares of AerCap from a “buy” rating to a “hold” rating in a research report on Friday, October 5th.
AER stock traded down $1.93 during midday trading on Friday, reaching $51.50. 2,042,049 shares of the company were exchanged, compared to its average volume of 1,306,375. The company has a debt-to-equity ratio of 3.18, a current ratio of 0.38 and a quick ratio of 0.38. AerCap has a one year low of $48.10 and a one year high of $58.30. The stock has a market cap of $7.85 billion, a price-to-earnings ratio of 8.14, a price-to-earnings-growth ratio of 0.64 and a beta of 1.97.
AerCap (NYSE:AER) last released its quarterly earnings data on Tuesday, October 30th. The financial services provider reported $1.79 EPS for the quarter, topping the Zacks’ consensus estimate of $1.55 by $0.24. AerCap had a net margin of 21.66% and a return on equity of 12.01%. The firm had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.18 billion. During the same period in the previous year, the business posted $1.62 earnings per share. The company’s revenue for the quarter was down 8.4% compared to the same quarter last year. Research analysts anticipate that AerCap will post 6.91 EPS for the current fiscal year.
Institutional investors have recently made changes to their positions in the company. Rehmann Capital Advisory Group raised its stake in AerCap by 6,791.5% in the third quarter. Rehmann Capital Advisory Group now owns 14,610 shares of the financial services provider’s stock valued at $254,000 after purchasing an additional 14,398 shares in the last quarter. Nordea Investment Management AB acquired a new position in AerCap in the third quarter valued at about $10,277,000. Henry James International Management Inc. acquired a new position in AerCap in the third quarter valued at about $4,242,000. Signaturefd LLC raised its stake in AerCap by 19.4% in the third quarter. Signaturefd LLC now owns 7,762 shares of the financial services provider’s stock valued at $446,000 after purchasing an additional 1,261 shares in the last quarter. Finally, Sensato Investors LLC acquired a new position in AerCap in the third quarter valued at about $15,086,000. 88.75% of the stock is owned by institutional investors.
AerCap Holdings N.V., an aircraft leasing company, engages in the lease, financing, sale, and management of commercial aircraft and engines in Mainland China, Hong Kong, Macau, the United States, Ireland, and internationally. The company provides aircraft asset management services, including remarketing aircraft; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft; and conducting ongoing lessee financial performance reviews.
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