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

AerCap (NYSE:AER) had its target price upped by TD Cowen from $95.00 to $100.00 in a research report report published on Thursday, Benzinga reports. They currently have a buy rating on the financial services provider’s stock.

AER has been the topic of a number of other research reports. BMO Capital Markets cut their price target on shares of AerCap from $103.00 to $101.00 and set an outperform rating on the stock in a research note on Monday, February 26th. Barclays boosted their price target on AerCap from $93.00 to $94.00 and gave the company an overweight rating in a research report on Thursday. Finally, Susquehanna raised their price objective on AerCap from $90.00 to $100.00 and gave the stock a positive rating in a report on Thursday. Eight research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has an average rating of Buy and an average price target of $91.43.

AerCap Price Performance

AER stock opened at $87.60 on Thursday. The stock has a market capitalization of $17.34 billion, a price-to-earnings ratio of 5.70, a price-to-earnings-growth ratio of 2.99 and a beta of 1.84. The company has a quick ratio of 0.33, a current ratio of 0.26 and a debt-to-equity ratio of 2.70. AerCap has a 52-week low of $53.42 and a 52-week high of $88.54. The stock’s fifty day simple moving average is $83.94 and its 200-day simple moving average is $75.76.

AerCap (NYSE:AER) last issued its quarterly earnings results on Wednesday, May 1st. The financial services provider reported $3.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.31 by $0.98. AerCap had a return on equity of 15.29% and a net margin of 42.78%. The firm had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same period last year, the company earned $2.34 EPS. The firm’s quarterly revenue was up 8.1% on a year-over-year basis. Equities research analysts expect that AerCap will post 9.2 EPS for the current year.

Institutional Investors Weigh In On AerCap

Hedge funds have recently modified their holdings of the stock. Trust Co. of Vermont purchased a new position in AerCap in the 4th quarter valued at about $27,000. Optiver Holding B.V. purchased a new position in AerCap in the third quarter valued at about $32,000. Assetmark Inc. acquired a new stake in AerCap during the 4th quarter valued at approximately $42,000. CVA Family Office LLC acquired a new position in shares of AerCap in the 1st quarter valued at approximately $52,000. Finally, Global Retirement Partners LLC raised its position in shares of AerCap by 210.3% in the 1st quarter. Global Retirement Partners LLC now owns 754 shares of the financial services provider’s stock valued at $66,000 after purchasing an additional 511 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.