AerCap Holdings (AER) Receives Average Rating of “Hold” from Analysts

Shares of AerCap Holdings (NYSE:AER) have been given an average rating of “Hold” by the twelve analysts that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and six have given a buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $61.38.

Several research firms recently weighed in on AER. Zacks Investment Research cut shares of AerCap from a “buy” rating to a “hold” rating in a research report on Friday, October 5th. Morgan Stanley boosted their price objective on shares of AerCap from $53.00 to $54.00 and gave the stock an “underweight” rating in a research report on Monday, August 6th. Barclays dropped their price objective on shares of AerCap from $71.00 to $69.00 and set an “overweight” rating for the company in a research report on Tuesday, July 31st. Finally, Stephens cut shares of AerCap from an “overweight” rating to an “equal weight” rating and set a $64.00 price objective for the company. in a research report on Tuesday, July 31st.

Shares of AER opened at $50.96 on Monday. The company has a market capitalization of $7.56 billion, a PE ratio of 8.05, a price-to-earnings-growth ratio of 0.63 and a beta of 1.95. The company has a debt-to-equity ratio of 3.18, a quick ratio of 0.49 and a current ratio of 0.38. AerCap has a one year low of $48.10 and a one year high of $58.30.

AerCap (NYSE:AER) last posted its quarterly earnings data on Tuesday, October 30th. The financial services provider reported $1.79 earnings per share for the quarter, topping the consensus estimate of $1.55 by $0.24. AerCap had a net margin of 21.66% and a return on equity of 12.01%. The firm had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.18 billion. During the same quarter in the previous year, the company posted $1.62 EPS. AerCap’s revenue was down 8.4% on a year-over-year basis. On average, sell-side analysts expect that AerCap will post 6.72 EPS for the current fiscal year.

Hedge funds have recently bought and sold shares of the stock. Wells Fargo & Company MN raised its position in shares of AerCap by 6.6% during the 2nd quarter. Wells Fargo & Company MN now owns 3,913,681 shares of the financial services provider’s stock valued at $211,926,000 after acquiring an additional 242,817 shares during the last quarter. FMR LLC raised its position in shares of AerCap by 4.8% during the 2nd quarter. FMR LLC now owns 3,080,762 shares of the financial services provider’s stock valued at $166,823,000 after acquiring an additional 141,758 shares during the last quarter. Bank of America Corp DE raised its position in shares of AerCap by 0.4% during the 2nd quarter. Bank of America Corp DE now owns 2,910,859 shares of the financial services provider’s stock valued at $157,622,000 after acquiring an additional 12,762 shares during the last quarter. Cooke & Bieler LP raised its position in shares of AerCap by 3.0% during the 2nd quarter. Cooke & Bieler LP now owns 2,508,131 shares of the financial services provider’s stock valued at $135,816,000 after acquiring an additional 72,991 shares during the last quarter. Finally, Nomura Holdings Inc. raised its position in shares of AerCap by 101.1% during the 2nd quarter. Nomura Holdings Inc. now owns 2,389,477 shares of the financial services provider’s stock valued at $129,390,000 after acquiring an additional 229,369,767 shares during the last quarter. Hedge funds and other institutional investors own 85.98% of the company’s stock.

About AerCap

AerCap Holdings N.V., an aircraft leasing company, engages in the lease, financing, sale, and management of commercial aircraft and engines in Mainland China, Hong Kong, Macau, the United States, Ireland, and internationally. The company provides 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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Analyst Recommendations for AerCap (NYSE:AER)

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