AerCap (NYSE:AER) Stock Rating Reaffirmed by TD Cowen

AerCap (NYSE:AER)‘s stock had its “buy” rating reiterated by stock analysts at TD Cowen in a research report issued on Monday, Marketbeat.com reports. They currently have a $125.00 target price on the financial services provider’s stock. TD Cowen’s price target indicates a potential upside of 34.41% from the stock’s previous close.

A number of other analysts have also recently weighed in on AER. Morgan Stanley initiated coverage on shares of AerCap in a report on Friday, June 7th. They set an “equal weight” rating and a $103.00 target price on the stock. Susquehanna upped their price target on shares of AerCap from $90.00 to $100.00 and gave the stock a “positive” rating in a research report on Thursday, May 2nd. Deutsche Bank Aktiengesellschaft upped their price target on shares of AerCap from $95.00 to $110.00 and gave the stock a “buy” rating in a research report on Thursday, May 9th. Finally, Barclays upped their price target on shares of AerCap from $94.00 to $111.00 and gave the stock an “overweight” rating in a research report on Thursday, July 18th. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $99.44.

AerCap Stock Down 0.9 %

Shares of NYSE:AER opened at $93.00 on Monday. The stock has a market capitalization of $18.41 billion, a price-to-earnings ratio of 6.05, a price-to-earnings-growth ratio of 2.24 and a beta of 1.83. AerCap has a 1-year low of $57.30 and a 1-year high of $98.79. The company’s fifty day moving average is $93.08 and its two-hundred day moving average is $86.23. The company has a debt-to-equity ratio of 2.70, a quick ratio of 0.26 and a current ratio of 0.26.

AerCap (NYSE:AER) last issued its earnings results on Wednesday, May 8th. The financial services provider reported $3.29 earnings per share for the quarter, topping analysts’ consensus estimates of $2.31 by $0.98. The company had revenue of $2.02 billion for the quarter, compared to analysts’ expectations of $1.95 billion. AerCap had a net margin of 42.78% and a return on equity of 15.29%. The firm’s revenue was up 8.1% compared to the same quarter last year. During the same period in the prior year, the company earned $2.34 earnings per share. Equities analysts anticipate that AerCap will post 10.61 EPS for the current year.

Hedge Funds Weigh In On AerCap

Large investors have recently made changes to their positions in the business. Blue Trust Inc. boosted its position in shares of AerCap by 89.9% during the 2nd quarter. Blue Trust Inc. now owns 283 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 134 shares in the last quarter. Trust Co. of Vermont bought a new position in shares of AerCap during the 4th quarter valued at about $27,000. Mather Group LLC. boosted its position in shares of AerCap by 230.1% during the 2nd quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 214 shares in the last quarter. Assetmark Inc. bought a new position in shares of AerCap during the 4th quarter valued at about $42,000. Finally, CVA Family Office LLC bought a new position in shares of AerCap during the 1st quarter valued at about $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.