AerCap (NYSE:AER) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of AerCap (NYSE:AER – Get Rating) in a research report released on Thursday morning. The firm issued a buy rating on the financial services provider’s stock.

A number of other brokerages also recently issued reports on AER. Barclays boosted their price objective on AerCap from $66.00 to $77.00 in a research note on Friday, January 6th. Susquehanna boosted their price objective on AerCap from $70.00 to $75.00 and gave the company a positive rating in a research note on Friday, March 3rd. Six investment analysts have rated the stock with a buy rating, According to MarketBeat.com, AerCap currently has a consensus rating of Buy and a consensus target price of $71.29.

AerCap Trading Down 5.0 %

Shares of AER opened at $50.73 on Thursday. AerCap has a 52-week low of $37.20 and a 52-week high of $66.85. The business’s fifty day moving average is $61.37 and its 200-day moving average is $55.77. The company has a debt-to-equity ratio of 2.87, a quick ratio of 0.39 and a current ratio of 0.39. The firm has a market cap of $12.53 billion, a price-to-earnings ratio of -16.42, a PEG ratio of 0.66 and a beta of 2.00.

AerCap (NYSE:AER – Get Rating) last issued its quarterly earnings data on Thursday, March 2nd. The financial services provider reported $2.66 earnings per share for the quarter, topping analysts’ consensus estimates of $1.97 by $0.69. The business had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.77 billion. AerCap had a positive return on equity of 14.18% and a negative net margin of 10.35%. AerCap’s quarterly revenue was up 26.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.04 EPS. Equities analysts anticipate that AerCap will post 7.81 EPS for the current fiscal year.

Institutional Trading of AerCap

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wipfli Financial Advisors LLC bought a new stake in AerCap in the 3rd quarter valued at about $68,000. Bank of Marin increased its position in AerCap by 14.9% in the 2nd quarter. Bank of Marin now owns 21,244 shares of the financial services provider’s stock valued at $870,000 after buying an additional 2,751 shares in the last quarter. American National Bank bought a new stake in AerCap in the 3rd quarter valued at about $28,000. Hsbc Holdings PLC increased its holdings in AerCap by 41.6% during the 3rd quarter. Hsbc Holdings PLC now owns 23,084 shares of the financial services provider’s stock worth $992,000 after purchasing an additional 6,784 shares in the last quarter. Finally, Counterpoint Mutual Funds LLC bought a new stake in AerCap during the 4th quarter worth approximately $150,000. 98.17% of the stock is owned by institutional investors.

AerCap Company Profile

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AerCap Holdings NV engages in the leasing, financing, sales, and management of commercial flight equipment. It also provides aircraft owners, financiers and investors with asset services to manage an aircraft portfolio. The company was founded in 1995 and is headquartered in Dublin, Ireland.