In yesterday’s Wall Street session, Aercap Holdings N.V. (NYSE:AER) shares traded at $67.83, up 1.03% from the previous session.
11 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 $94.00 and a low of $76.00, we find $80.00. Given the previous closing price of $67.14, this indicates a potential upside of 19.15 percent. AER stock price is now 9.77% away from the 50-day moving average and 12.71% away from the 200-day moving average. The market capitalization of the company currently stands at $14.41B.
The stock has received a hold rating from 0 analysts and a buy rating from 10. Brokers who have rated the stock have averaged $81.35 as their price target over the next twelve months.
With the price target of $80, Barclays recently initiated with Overweight rating for Aercap Holdings N.V. (NYSE: AER).
A total of 11.00% of the company’s stock is owned by insiders.
On Wednesday morning Aercap Holdings N.V. (NYSE: AER) stock kicked off with the opening price of $68.26. During the past 12 months, Aercap Holdings N.V. has had a low of $49.58 and a high of $69.50. As of last week, the company has a debt-to-equity ratio of 2.92, a current ratio of 1.22, and a quick ratio of 1.20. According to the stock market information, the enterprise value for the company is $59.42B, which is based on a 6.28 price-to-earnings ratio, a 1.16 price-to-earnings-growth ratio, and a beta of 1.93. The fifty day moving average price for AER is $61.91 and a two-hundred day moving average price translates $60.21 for the stock.
The latest earnings results from Aercap Holdings N.V. (NYSE: AER) was released for Sep, 2023. According to the Rental & Leasing Services Company, earnings per share came in at $4.86, beating analysts’ expectations of $2.8 by 2.06. This compares to $1.82 EPS in the same period last year. The net profit margin was 34.46% and return on equity was 15.85% for AER. The company reported revenue of $1.89 billion for the quarter, compared to $1.72 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.72 percent. For the current quarter, analysts expect AER to generate $1.91B in revenue.
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.