AerCap Holdings NV (AER) PT Raised to $43.00
AerCap Holdings NV (NYSE:AER) had its price objective upped by research analysts at FBR & Co from $40.00 to $43.00 in a note issued to investors on Wednesday. The firm presently has a “hold” rating on the stock. FBR & Co’s target price indicates a potential upside of 2.82% from the company’s current price.
Other research analysts also recently issued reports about the company. Zacks Investment Research downgraded AerCap Holdings NV from a “buy” rating to a “hold” rating in a report on Wednesday, August 10th. RBC Capital Markets reiterated an “outperform” rating and issued a $74.00 price target (up from $72.00) on shares of AerCap Holdings NV in a report on Friday, August 12th. DA Davidson reiterated a “buy” rating and issued a $52.00 price target on shares of AerCap Holdings NV in a report on Wednesday. Stephens assumed coverage on AerCap Holdings NV in a report on Tuesday, November 1st. They issued an “overweight” rating and a $64.00 price target on the stock. Finally, Royal Bank Of Canada boosted their target price on AerCap Holdings NV from $72.00 to $74.00 and gave the stock an “outperform” rating in a research note on Thursday, August 11th. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $54.77.
AerCap Holdings NV (NYSE:AER) opened at 41.82 on Wednesday. AerCap Holdings NV has a one year low of $24.61 and a one year high of $46.32. The company has a market capitalization of $7.72 billion, a P/E ratio of 8.10 and a beta of 1.65. The stock’s 50 day moving average price is $39.98 and its 200-day moving average price is $38.45.
AerCap Holdings NV (NYSE:AER) last announced its quarterly earnings results on Tuesday, November 8th. The company reported $1.68 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.44 by $0.24. AerCap Holdings NV had a return on equity of 14.06% and a net margin of 18.48%. The business had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same period last year, the business posted $1.64 EPS. The business’s revenue was down 7.3% compared to the same quarter last year. Equities analysts forecast that AerCap Holdings NV will post $5.88 EPS for the current year.
Several institutional investors have recently modified their holdings of the stock. Nikko Asset Management Americas Inc. bought a new position in shares of AerCap Holdings NV during the third quarter valued at about $115,000. LS Investment Advisors LLC boosted its position in shares of AerCap Holdings NV by 17.9% in the second quarter. LS Investment Advisors LLC now owns 4,184 shares of the company’s stock valued at $141,000 after buying an additional 634 shares during the period. Huntington National Bank boosted its position in shares of AerCap Holdings NV by 255.5% in the second quarter. Huntington National Bank now owns 5,180 shares of the company’s stock valued at $174,000 after buying an additional 3,723 shares during the period. Calvert Investment Management Inc. boosted its position in shares of AerCap Holdings NV by 4.4% in the second quarter. Calvert Investment Management Inc. now owns 6,104 shares of the company’s stock valued at $205,000 after buying an additional 260 shares during the period. Finally, BancorpSouth Inc bought a new position in shares of AerCap Holdings NV during the third quarter valued at about $206,000. 88.11% of the stock is owned by institutional investors and hedge funds.
About AerCap Holdings NV
AerCap Holdings N.V. is an independent aircraft leasing company. The Company focuses on acquiring in-demand aircraft, funding them, hedging interest rate risk and using its platform to deploy these assets. The Company operates its business on a global basis, leasing aircraft to customers in various geographical region.
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