AerCap (NYSE:AER) PT Raised to $100.00 at Susquehanna

AerCap (NYSE:AER) had its target price lifted by analysts at Susquehanna from $90.00 to $100.00 in a research report issued on Thursday, Benzinga reports. The firm presently has a “positive” rating on the financial services provider’s stock. Susquehanna’s target price suggests a potential upside of 16.93% from the stock’s previous close.

Other equities analysts also recently issued reports about the company. BMO Capital Markets lowered 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. Barclays lifted their target price on AerCap from $84.00 to $93.00 and gave the company an “overweight” rating in a research report on Monday, February 26th. Finally, TD Cowen reiterated a “buy” rating and set a $85.00 target price on shares of AerCap in a research report on Tuesday, February 27th. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $89.14.

AerCap Stock Performance

Shares of AER opened at $85.52 on Thursday. The company has a debt-to-equity ratio of 2.80, a current ratio of 0.33 and a quick ratio of 0.33. AerCap has a one year low of $53.42 and a one year high of $88.54. The firm has a market capitalization of $16.93 billion, a P/E ratio of 6.05, a PEG ratio of 2.74 and a beta of 1.84. The business has a fifty day moving average of $83.58 and a 200 day moving average of $75.27.

AerCap (NYSE:AER) last issued its quarterly earnings data on Wednesday, May 1st. The financial services provider reported $3.29 EPS for the quarter, topping the consensus estimate of $2.38 by $0.91. 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 14.92% and a net margin of 41.37%. AerCap’s revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.34 earnings per share. As a group, sell-side analysts anticipate that AerCap will post 9.7 EPS for the current year.

Hedge Funds Weigh In On AerCap

Several large investors have recently made changes to their positions in the business. Capstone Investment Advisors LLC lifted its position in shares of AerCap by 108.4% in the first quarter. Capstone Investment Advisors LLC now owns 3,927 shares of the financial services provider’s stock valued at $341,000 after acquiring an additional 50,404 shares in the last quarter. BNP Paribas Financial Markets lifted its position in shares of AerCap by 29.1% in the first quarter. BNP Paribas Financial Markets now owns 138,746 shares of the financial services provider’s stock valued at $12,058,000 after acquiring an additional 31,305 shares in the last quarter. Sequoia Financial Advisors LLC lifted its position in shares of AerCap by 5.2% in the first quarter. Sequoia Financial Advisors LLC now owns 6,790 shares of the financial services provider’s stock worth $590,000 after buying an additional 334 shares in the last quarter. Private Advisor Group LLC lifted its position in shares of AerCap by 12.0% in the first quarter. Private Advisor Group LLC now owns 5,172 shares of the financial services provider’s stock worth $449,000 after buying an additional 555 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in shares of AerCap by 177.3% in the first quarter. Commonwealth Equity Services LLC now owns 8,137 shares of the financial services provider’s stock worth $707,000 after buying an additional 5,203 shares in the last quarter. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

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.