AerCap (NYSE:AER) Reaches New 12-Month High – What’s Next?

AerCap Holdings (NYSE:AER)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $102.52 and last traded at $102.51, with a volume of 195538 shares. The stock had previously closed at $100.70.

Analysts Set New Price Targets

A number of analysts have recently weighed in on AER shares. The Goldman Sachs Group reiterated a “buy” rating and issued a $119.00 price objective on shares of AerCap in a research note on Thursday, November 21st. Deutsche Bank Aktiengesellschaft lifted their price target on AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $112.00.

AerCap Trading Up 2.3 %

The company has a 50 day moving average price of $95.94 and a two-hundred day moving average price of $95.31. The firm has a market capitalization of $20.38 billion, a price-to-earnings ratio of 8.16, a P/E/G ratio of 2.13 and a beta of 1.81. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67.

Institutional Trading of AerCap

Several institutional investors have recently modified their holdings of AER. Toth Financial Advisory Corp purchased a new stake in AerCap during the 4th quarter worth approximately $29,000. Pinpoint Asset Management Ltd purchased a new position in AerCap in the 4th quarter valued at $35,000. Truvestments Capital LLC acquired a new stake in AerCap during the 3rd quarter worth $35,000. Fortitude Family Office LLC purchased a new stake in shares of AerCap during the fourth quarter worth $38,000. Finally, Transamerica Financial Advisors Inc. acquired a new stake in shares of AerCap in the third quarter valued at about $64,000. Institutional investors and hedge funds own 96.42% of the company’s stock.

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.