AerCap Holdings NV (AER) Stock Rating Upgraded by TheStreet
AerCap Holdings NV (NYSE:AER) was upgraded by equities researchers at TheStreet from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday.
Several other analysts have also issued reports on AER. Zacks Investment Research lowered AerCap Holdings NV from a “buy” rating to a “hold” rating in a report on Wednesday, August 10th. RBC Capital Markets reissued an “outperform” rating and set a $74.00 target price (up from $72.00) on shares of AerCap Holdings NV in a report on Friday, August 12th. DA Davidson reissued a “buy” rating and set a $52.00 target price 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 set an “overweight” rating and a $64.00 target price on the stock. Finally, FBR & Co set a $40.00 target price on AerCap Holdings NV and gave the stock a “hold” rating in a report on Tuesday, August 23rd. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $54.77.
Shares of AerCap Holdings NV (NYSE:AER) opened at 41.82 on Wednesday. The firm’s 50-day moving average price is $39.98 and its 200 day moving average price is $38.45. The company has a market capitalization of $7.72 billion, a PE ratio of 8.10 and a beta of 1.65. AerCap Holdings NV has a one year low of $24.61 and a one year high of $46.32.
AerCap Holdings NV (NYSE:AER) last issued its quarterly earnings data on Tuesday, November 8th. The company reported $1.68 EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same period in the prior year, the firm posted $1.64 EPS. The company’s revenue for the quarter was down 7.3% on a year-over-year basis. Analysts anticipate that AerCap Holdings NV will post $5.88 earnings per share for the current year.
A number of institutional investors have recently bought and sold shares of AER. Eagle Boston Investment Management Inc. increased its position in AerCap Holdings NV by 2.7% in the second quarter. Eagle Boston Investment Management Inc. now owns 248,741 shares of the company’s stock valued at $8,355,000 after buying an additional 6,553 shares in the last quarter. Telemus Capital LLC increased its position in shares of AerCap Holdings NV by 21.1% in the second quarter. Telemus Capital LLC now owns 11,945 shares of the company’s stock worth $401,000 after buying an additional 2,083 shares during the period. Fox Run Management L.L.C. increased its position in shares of AerCap Holdings NV by 75.0% in the second quarter. Fox Run Management L.L.C. now owns 9,100 shares of the company’s stock worth $306,000 after buying an additional 3,900 shares during the period. Heritage Investors Management Corp bought a new position in shares of AerCap Holdings NV during the second quarter worth about $1,011,000. Finally, BNP Paribas Arbitrage SA increased its position in shares of AerCap Holdings NV by 136.1% in the second quarter. BNP Paribas Arbitrage SA now owns 85,373 shares of the company’s stock worth $2,868,000 after buying an additional 49,215 shares during the period. Hedge funds and other institutional investors own 88.11% of the company’s stock.
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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