Analysts Set AerCap Holdings (NYSE:AER) Price Target at $87.71

AerCap Holdings (NYSE:AER) has received a consensus recommendation of “Buy” from the seven brokerages that are currently covering the company, MarketBeat.com reports. Seven equities research analysts have rated the stock with a buy rating. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $87.71.

Several equities research analysts recently issued reports on AER shares. Barclays upped their price target on AerCap from $84.00 to $93.00 and gave the company an “overweight” rating in a research report on Monday, February 26th. BMO Capital Markets dropped their target price on AerCap from $103.00 to $101.00 and set an “outperform” rating on the stock in a research report on Monday, February 26th. Susquehanna increased their target price on AerCap from $80.00 to $90.00 and gave the stock a “positive” rating in a research report on Monday, February 26th. Finally, TD Cowen reaffirmed a “buy” rating and issued a $85.00 target price on shares of AerCap in a research report on Tuesday, February 27th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of AER. Trust Co. of Vermont acquired a new position in shares of AerCap during the fourth quarter valued at $27,000. Optiver Holding B.V. acquired a new position in shares of AerCap in the 3rd quarter valued at $32,000. Assetmark Inc. acquired a new position in shares of AerCap in the 4th quarter valued at $42,000. Allworth Financial LP boosted its position in shares of AerCap by 2,460.0% in the 3rd quarter. Allworth Financial LP now owns 768 shares of the financial services provider’s stock valued at $48,000 after purchasing an additional 738 shares during the period. Finally, CVA Family Office LLC acquired a new stake in AerCap during the 1st quarter worth about $52,000. 96.42% of the stock is owned by institutional investors and hedge funds.

AerCap Stock Performance

AER stock opened at $85.52 on Friday. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 2.80. The firm has a market cap of $16.93 billion, a P/E ratio of 6.05, a P/E/G ratio of 2.81 and a beta of 1.85. AerCap has a 12-month low of $53.42 and a 12-month high of $88.54. The stock’s 50 day simple moving average is $83.58 and its 200 day simple moving average is $75.27.

AerCap (NYSE:AER) last posted its quarterly earnings results on Wednesday, May 1st. The financial services provider reported $3.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.38 by $0.91. The business had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.95 billion. AerCap had a return on equity of 14.92% and a net margin of 41.37%. The business’s revenue was up 8.1% compared to the same quarter last year. During the same period in the prior year, the company posted $2.34 EPS. As a group, equities research analysts predict that AerCap will post 9.7 EPS for the current year.

AerCap Company Profile

AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in China, Hong Kong, Macau, the United States, Ireland, and internationally. The company offers aircraft asset management services, such as remarketing aircraft and engines; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft and engines; and conducting ongoing lessee financial performance reviews.