Aercap (NYSE:AER) Sets New 12-Month High - Time to Buy?

Key Points

• Aercap Holdings N.V. shares hit a new 52-week high at $125.72, a significant increase from the previous close of $124.23, with a volume of over 312,000 shares trading.
• Several research firms increased their price targets for Aercap, with Barclays setting the highest target at $131.00, while the consensus price target is $122.57.
• The company declared a quarterly dividend of $0.27 per share, representing an annual yield of 0.9%, with a current dividend payout ratio of 6.72%.

Aercap Holdings N.V. (NYSE:AER - Get Free Report) shares reached a new 52-week high on Friday . The stock traded as high as $125.66 and last traded at $125.72, with a volume of 312692 shares trading hands. The stock had previously closed at $124.23.

Analysts Set New Price Targets

Several research firms have recently commented on AER. Weiss Ratings reissued a "buy (b+)" rating on shares of Aercap in a research note on Saturday, September 27th. Susquehanna lifted their price objective on Aercap from $130.00 to $134.00 and gave the stock a "positive" rating in a research report on Wednesday, August 13th. Morgan Stanley lifted their price objective on Aercap from $111.00 to $120.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 17th. Finally, Barclays lifted their price target on shares of Aercap from $115.00 to $131.00 and gave the stock an "overweight" rating in a research report on Thursday, July 10th. Seven research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $122.57.

Aercap Trading Up 1.1%

The company has a debt-to-equity ratio of 2.57, a current ratio of 0.44 and a quick ratio of 0.44. The stock has a market capitalization of $23.46 billion, a price-to-earnings ratio of 7.81, a PEG ratio of 2.46 and a beta of 1.40. The business has a 50 day simple moving average of $118.03 and a 200-day simple moving average of $111.73.

Aercap (NYSE:AER - Get Free Report) last announced its earnings results on Wednesday, July 30th. The financial services provider reported $2.83 earnings per share for the quarter, topping analysts' consensus estimates of $2.75 by $0.08. Aercap had a net margin of 36.93% and a return on equity of 13.13%. The firm had revenue of $1.89 billion during the quarter, compared to analyst estimates of $2.03 billion. During the same period in the prior year, the business earned $3.01 EPS. The company's revenue for the quarter was down 3.6% compared to the same quarter last year. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. As a group, equities analysts expect that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.

Aercap Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Wednesday, August 13th were issued a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Wednesday, August 13th. Aercap's dividend payout ratio is presently 6.72%.

Institutional Trading of Aercap

A number of large investors have recently added to or reduced their stakes in AER. Mather Group LLC. lifted its stake in Aercap by 230.1% in the 1st quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock valued at $31,000 after purchasing an additional 214 shares during the last quarter. Quarry LP acquired a new stake in shares of Aercap in the first quarter valued at approximately $37,000. Caitong International Asset Management Co. Ltd acquired a new stake in Aercap during the 2nd quarter valued at $43,000. Geneos Wealth Management Inc. lifted its holdings in Aercap by 26.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider's stock valued at $46,000 after purchasing an additional 94 shares during the last quarter. Finally, Whittier Trust Co. acquired a new stake in Aercap during the 2nd quarter valued at $53,000. Institutional investors and hedge funds own 96.42% of the company's stock.

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.

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