AerCap (NYSE:AER) Price Target Raised to $105.00 at TD Cowen

AerCap (NYSE:AER) had its price objective increased by analysts at TD Cowen from $100.00 to $105.00 in a report released on Thursday, StockNewsAPI reports. The firm presently has a “buy” rating on the financial services provider’s stock. TD Cowen’s target price suggests a potential upside of 16.52% from the company’s previous close.

AER has been the subject of a number of other research reports. Barclays increased their target price on AerCap from $93.00 to $94.00 and gave the company an “overweight” rating in a research note on Thursday, May 2nd. BMO Capital Markets lowered their target price on AerCap from $103.00 to $101.00 and set an “outperform” rating for the company in a research note on Monday, February 26th. Finally, Susquehanna increased their target price on AerCap from $90.00 to $100.00 and gave the company a “positive” rating in a research note on Thursday, May 2nd. Eight research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $92.14.

AerCap Stock Performance

Shares of NYSE:AER opened at $90.11 on Thursday. The firm has a market capitalization of $17.84 billion, a PE ratio of 5.86, a P/E/G ratio of 2.99 and a beta of 1.84. The company has a debt-to-equity ratio of 2.70, a current ratio of 0.26 and a quick ratio of 0.26. The business has a 50-day moving average of $84.67 and a two-hundred day moving average of $76.28. AerCap has a 12 month low of $54.50 and a 12 month high of $90.24.

AerCap (NYSE:AER) last announced its quarterly earnings results on Wednesday, May 1st. The financial services provider reported $3.29 EPS for the quarter, topping the consensus estimate of $2.31 by $0.98. The company had revenue of $2.02 billion during the quarter, compared to analyst estimates of $1.95 billion. AerCap had a return on equity of 15.29% and a net margin of 42.78%. The firm’s revenue was up 8.1% on a year-over-year basis. During the same period in the prior year, the firm posted $2.34 earnings per share. As a group, research analysts forecast that AerCap will post 9.2 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Trust Co. of Vermont bought a new position in AerCap during the 4th quarter worth approximately $27,000. Optiver Holding B.V. bought a new stake in shares of AerCap in the 3rd quarter worth approximately $32,000. Assetmark Inc. bought a new stake in shares of AerCap in the 4th quarter worth approximately $42,000. Allworth Financial LP lifted its holdings 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 worth $48,000 after purchasing an additional 738 shares during the last quarter. Finally, CVA Family Office LLC bought a new stake in shares of AerCap in the 1st quarter worth approximately $52,000. Institutional investors own 96.42% of the company’s stock.

About AerCap

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.