Aercap (NYSE:AER) Earns Buy (B+) Rating from Weiss Ratings

Key Points

• Aercap's stock has received a strong Buy (B+) rating from Weiss Ratings, indicating positive analyst sentiment.
• Recent price target increases by analysts at Susquehanna, Barclays, and Morgan Stanley suggest growing confidence in Aercap's performance, with a consensus price target of $122.57.
• The company reported earnings of $2.83 per share, surpassing expectations, but its quarterly revenue was down 3.6% year-over-year, highlighting challenges in growth.

Aercap (NYSE:AER - Get Free Report)'s stock had its "buy (b+)" rating reiterated by research analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Other analysts have also recently issued research reports about the stock. Susquehanna raised their price objective on shares of Aercap from $130.00 to $134.00 and gave the company a "positive" rating in a research report on Wednesday, August 13th. Barclays raised their price objective on shares of Aercap from $115.00 to $131.00 and gave the company an "overweight" rating in a research report on Thursday, July 10th. Finally, Morgan Stanley raised their price objective on shares of Aercap from $111.00 to $120.00 and gave the company an "equal weight" rating in a research report on Thursday, July 17th. Seven analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $122.57.

Aercap Price Performance

Shares of Aercap stock traded down $0.61 on Wednesday, hitting $123.02. 250,680 shares of the company traded hands, compared to its average volume of 1,495,148. The firm's 50-day simple moving average is $118.78 and its 200 day simple moving average is $112.23. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 2.57. The company has a market cap of $22.98 billion, a P/E ratio of 7.65, a P/E/G ratio of 2.51 and a beta of 1.40. Aercap has a 12-month low of $85.57 and a 12-month high of $126.27.

Aercap (NYSE:AER - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The financial services provider reported $2.83 earnings per share for the quarter, beating the consensus estimate of $2.75 by $0.08. The firm had revenue of $1.89 billion for the quarter, compared to analysts' expectations of $2.03 billion. Aercap had a net margin of 36.93% and a return on equity of 13.13%. The business's quarterly revenue was down 3.6% on a year-over-year basis. During the same quarter last year, the company posted $3.01 EPS. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. Analysts expect that Aercap will post 11.29 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. American Century Companies Inc. lifted its position in Aercap by 6.5% during the 1st quarter. American Century Companies Inc. now owns 129,341 shares of the financial services provider's stock valued at $13,215,000 after acquiring an additional 7,896 shares during the period. Mather Group LLC. lifted its position in Aercap by 230.1% during the 1st quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock valued at $31,000 after acquiring an additional 214 shares during the period. Bank of New York Mellon Corp raised its holdings in Aercap by 1.4% in the first quarter. Bank of New York Mellon Corp now owns 452,376 shares of the financial services provider's stock worth $46,219,000 after buying an additional 6,073 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in Aercap by 9.8% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,996 shares of the financial services provider's stock worth $1,123,000 after buying an additional 978 shares during the last quarter. Finally, Zurich Insurance Group Ltd FI raised its holdings in Aercap by 24.8% in the first quarter. Zurich Insurance Group Ltd FI now owns 129,682 shares of the financial services provider's stock worth $13,250,000 after buying an additional 25,780 shares during the last quarter. 96.42% of the stock is owned by hedge funds and other institutional investors.

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.

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