AerCap Holdings (NYSE:AER) has received an average recommendation of “Hold” from the eleven brokerages that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $61.71.
Several equities research analysts have issued reports on AER shares. Zacks Investment Research downgraded AerCap from a “buy” rating to a “hold” rating in a report on Friday, October 5th. Morgan Stanley lowered their price target on AerCap from $54.00 to $49.00 and set an “underweight” rating for the company in a report on Wednesday, November 14th.
Shares of AerCap stock traded down $0.56 during trading hours on Friday, hitting $49.75. The company’s stock had a trading volume of 1,379,200 shares, compared to its average volume of 1,164,764. AerCap has a 12 month low of $48.10 and a 12 month high of $58.30. The company has a market capitalization of $7.64 billion, a P/E ratio of 7.86, a price-to-earnings-growth ratio of 0.62 and a beta of 1.97. The company has a debt-to-equity ratio of 3.18, a current ratio of 0.38 and a quick ratio of 0.38.
AerCap (NYSE:AER) last announced its quarterly earnings results on Tuesday, October 30th. The financial services provider reported $1.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.55 by $0.24. AerCap had a return on equity of 12.01% and a net margin of 21.66%. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.18 billion. During the same period in the prior year, the company earned $1.62 earnings per share. The company’s revenue for the quarter was down 8.4% compared to the same quarter last year. On average, equities analysts anticipate that AerCap will post 6.91 EPS for the current fiscal year.
Large investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC bought a new position in shares of AerCap during the second quarter worth about $167,000. We Are One Seven LLC bought a new position in shares of AerCap during the third quarter worth about $222,000. Daiwa SB Investments Ltd. bought a new position in shares of AerCap during the third quarter worth about $225,000. Commonwealth Equity Services LLC bought a new position in shares of AerCap during the second quarter worth about $224,000. Finally, Truvestments Capital LLC bought a new position in shares of AerCap during the second quarter worth about $265,000. Institutional investors and hedge funds own 88.75% of the company’s stock.
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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