In yesterday’s Wall Street session, AerCap Holdings N.V. (NYSE:AER) shares traded at $63.30, up 3.09% from the previous session.
10 analysts cover AerCap Holdings N.V. (NYSE:AER), according to research data. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $80.00 and a low of $68.00, we find $72.00. Given the previous closing price of $61.40, this indicates a potential upside of 17.26 percent. AER stock price is now 8.49% away from the 50-day moving average and 28.97% away from the 200-day moving average. The market capitalization of the company currently stands at $15.15B.
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The stock has received a hold rating from 0 analysts and a buy rating from 9. Brokers who have rated the stock have averaged $73.25 as their price target over the next twelve months.
With the price target of $80, Susquehanna recently initiated with Positive rating for AerCap Holdings N.V. (NYSE: AER). On March 12, 2021, Cowen reiterated its ‘Outperform’ rating on the stock by increasing its target price from $54 to quote $75, while ‘Stephens’ rates the stock as ‘Overweight’.
A total of 2.71% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in AER stock. A new stake in AerCap Holdings N.V. shares was purchased by SOUTHPOINT CAPITAL ADVISORS LP during the first quarter worth $25,320,000. HOLOCENE ADVISORS, LP invested $18,646,000 in shares of AER during the first quarter. In the first quarter, MERIDIAN WEALTH MANAGEMENT, LLC acquired a new stake in AerCap Holdings N.V. valued at approximately $14,633,000. CANADA PENSION PLAN INVESTMENT BOARD acquired a new stake in AER for approximately $8,662,000. RESOLUTE CAPITAL ASSET PARTNERS LLC purchased a new stake in AER valued at around $3,482,000 in the second quarter.
On Thursday morning AerCap Holdings N.V. (NYSE: AER) stock kicked off with the opening price of $62.16. During the past 12 months, AerCap Holdings N.V. has had a low of $37.20 and a high of $68.92. The fifty day moving average price for AER is $58.54 and a two-hundred day moving average price translates $49.12 for the stock.
The latest earnings results from AerCap Holdings N.V. (NYSE: AER) was released for Jun, 2022. According to the Airports & Air Services Company, earnings per share came in at $1.94, beating analysts’ expectations of $1.51 by 0.43. This compares to $3.41 EPS in the same period last year. The net profit margin was -17.40% and return on equity was -7.30% for AER. The company reported revenue of $1.72 billion for the quarter, compared to $1.45 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 18.54 percent. For the current quarter, analysts expect AER to generate $1.64B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 02/14/2003. Investors who held shares on 12/31/2002 were paid a $0.24 dividend.
AerCap Holdings N.V.(AER) 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. Its aircraft asset management services also include periodically inspecting the leased aircraft; coordinating technical modifications to aircraft to meet new lessee requirements; conducting restructuring negotiations in connection with lease defaults; repossessing aircraft and engines; arranging and monitoring insurance coverage; registering and de-registering aircraft; arranging for aircraft and engine valuations; and providing market research services. The company also provides cash management services, including treasury services, such as the financing, refinancing, hedging, and ongoing cash management of vehicles; and administrative services comprising accounting and corporate secretarial services consisting of the preparation of budgets and financial statements. In addition, it offers airframe and engine parts and supply chain solutions to airlines; maintenance, repair, and overhaul service providers; and aircraft parts distributors. As of December 31, 2021, the company had a portfolio of 2,369 owned, managed, or on order aircraft. AerCap Holdings N.V. was founded in 1995 and is headquartered in Dublin, Ireland.
