AerCap Holdings (NYSE:AER) has received a consensus rating of “Hold” from the seven analysts that are currently covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $61.60.
Several equities research analysts recently weighed in on the company. Zacks Investment Research lowered AerCap from a “buy” rating to a “hold” rating in a report on Thursday, February 21st. Barclays set a $64.00 target price on AerCap and gave the stock a “buy” rating in a report on Friday, February 15th. Finally, ValuEngine lowered AerCap from a “hold” rating to a “sell” rating in a report on Tuesday, March 5th.
AER traded up $0.63 on Friday, hitting $43.53. The company had a trading volume of 61,356 shares, compared to its average volume of 1,444,265. AerCap has a 1-year low of $36.16 and a 1-year high of $58.30. The company has a debt-to-equity ratio of 3.32, a quick ratio of 0.38 and a current ratio of 0.36. The firm has a market cap of $6.51 billion, a P/E ratio of 6.38 and a beta of 1.87.
AerCap (NYSE:AER) last posted its earnings results on Thursday, February 14th. The financial services provider reported $1.62 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.67 by ($0.05). AerCap had a return on equity of 11.55% and a net margin of 21.16%. The company had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same quarter last year, the firm posted $1.67 earnings per share. The firm’s revenue for the quarter was down 3.4% compared to the same quarter last year. As a group, analysts anticipate that AerCap will post 6.58 earnings per share for the current fiscal year.
A number of hedge funds and other institutional investors have recently modified their holdings of AER. Riverview Trust Co bought a new position in AerCap in the 4th quarter worth approximately $29,000. Penserra Capital Management LLC bought a new position in AerCap in the 4th quarter worth approximately $30,000. Oregon Public Employees Retirement Fund increased its position in AerCap by 4,360.0% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 2,332,202 shares of the financial services provider’s stock worth $59,000 after buying an additional 2,279,910 shares during the period. Advisors Asset Management Inc. increased its position in AerCap by 56.4% in the 4th quarter. Advisors Asset Management Inc. now owns 1,645 shares of the financial services provider’s stock worth $65,000 after buying an additional 593 shares during the period. Finally, Stamos Capital Partners L.P. bought a new position in AerCap in the 4th quarter worth approximately $103,000. 86.72% of the stock is currently owned by institutional investors.
AerCap Company Profile
AerCap Holdings N.V., an aircraft leasing company, engages in the lease, financing, sale, and management of commercial aircraft and engines in China, the United States, Ireland, and internationally. The company offers 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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