AerCap Holdings N.V. (NYSE:AER) shares traded 1.19% higher at $60.61 on Wall Street last session.
In accordance with the data, 10 analysts cover AerCap Holdings N.V. (NYSE:AER). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $90.00 and a low of $75.00, we find $77.00. Given the previous closing price of $59.90, this indicates a potential upside of 28.55 percent. AER stock price is now -3.84% away from the 50-day moving average and 1.31% away from the 200-day moving average. The market capitalization of the company currently stands at $14.14B.
It has been rated a hold by 0 analysts and a buy by 10. Brokers who have rated the stock have averaged $79.56 as their price target over the next twelve months.
With the price target of $71, Citigroup recently initiated with Buy rating for AerCap Holdings N.V. (NYSE: AER).
A total of 2.70% 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 GOLDENTREE ASSET MANAGEMENT LP during the first quarter worth $54,441,000. LMR PARTNERS LLP invested $32,935,000 in shares of AER during the first quarter. In the first quarter, SCOPIA CAPITAL MANAGEMENT LP acquired a new stake in AerCap Holdings N.V. valued at approximately $18,638,000. GCM GROSVENOR HOLDINGS, LLC acquired a new stake in AER for approximately $15,153,000. CRESSET ASSET MANAGEMENT, LLC purchased a new stake in AER valued at around $6,861,000 in the second quarter. In total, there are 573 active investors with 98.09% ownership of the company’s stock.
AerCap Holdings N.V. (NYSE: AER) opened at $59.97 on Wednesday. During the past 12 months, AerCap Holdings N.V. has had a low of $39.73 and a high of $69.50. According to the stock market information, the enterprise value for the company is $59.27B, which is based on a 7.80 price-to-earnings ratio, a 1.53 price-to-earnings-growth ratio, and a beta of 1.99. The fifty day moving average price for AER is $62.97 and a two-hundred day moving average price translates $59.83 for the stock.
The latest earnings results from AerCap Holdings N.V. (NYSE: AER) was released for Jun, 2023. According to the Rental & Leasing Services Company, earnings per share came in at $2.56, beating analysts’ expectations of $2.06 by 0.5. This compares to $1.41 EPS in the same period last year. The net profit margin was 27.00% and return on equity was 11.60% for AER. The company reported revenue of $1.92 billion for the quarter, compared to $1.67 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 15.18 percent. For the current quarter, analysts expect AER to generate $1.89B 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 and engines; 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, 2022, the company had a portfolio of 2,194 owned, managed, or on order aircraft. The company was founded in 1995 and is headquartered in Dublin, Ireland.
