AerCap Holdings NV (AER) Earns “Buy” Rating from DA Davidson
Other research analysts also recently issued reports about the company. Zacks Investment Research upgraded AerCap Holdings NV from a hold rating to a buy rating and set a $41.00 target price on the stock in a research note on Tuesday, July 26th. FBR & Co restated a hold rating and set a $40.00 target price on shares of AerCap Holdings NV in a research note on Monday, September 19th. RBC Capital Markets restated an outperform rating and set a $74.00 target price (up from $72.00) on shares of AerCap Holdings NV in a research note on Friday, August 12th. 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. Finally, Stephens started coverage on AerCap Holdings NV in a research note on Tuesday, November 1st. They set an overweight rating and a $64.00 target price on the stock. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The stock has an average rating of Buy and an average price target of $54.85.
Shares of AerCap Holdings NV (NYSE:AER) opened at 42.33 on Wednesday. AerCap Holdings NV has a 12 month low of $24.61 and a 12 month high of $46.32. The stock has a market cap of $7.81 billion, a PE ratio of 8.20 and a beta of 1.65. The firm has a 50-day moving average price of $40.10 and a 200-day moving average price of $38.46.
AerCap Holdings NV (NYSE:AER) last announced its earnings results on Tuesday, November 8th. The company reported $1.68 earnings per share for the quarter, topping the Thomson Reuters’ 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 firm had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same period in the previous year, the business earned $1.64 EPS. The firm’s revenue for the quarter was down 7.3% on a year-over-year basis. Equities analysts forecast that AerCap Holdings NV will post $5.94 EPS for the current year.
A number of large investors have recently bought and sold shares of the company. Nikko Asset Management Americas Inc. purchased a new stake in AerCap Holdings NV during the third quarter valued at approximately $115,000. LS Investment Advisors LLC raised its stake in 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 raised its stake in 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. raised its stake in 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 purchased a new stake in AerCap Holdings NV during the third quarter valued at approximately $206,000. Institutional investors own 87.85% of the company’s stock.
AerCap Holdings NV Company Profile
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.
Receive News & Stock Ratings for AerCap Holdings NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AerCap Holdings NV and related stocks with our FREE daily email newsletter.