Aercap (NYSE:AER) Price Target Raised to $131.00 at Barclays

Aercap (NYSE:AER - Get Free Report) had its price objective hoisted by analysts at Barclays from $115.00 to $131.00 in a research note issued on Thursday,Benzinga reports. The firm currently has an "overweight" rating on the financial services provider's stock. Barclays's target price would suggest a potential upside of 14.11% from the company's previous close.

Several other brokerages have also recently issued reports on AER. Susquehanna lifted their target price on shares of Aercap from $120.00 to $130.00 and gave the stock a "positive" rating in a research note on Tuesday, May 13th. JPMorgan Chase & Co. boosted their target price on Aercap from $112.00 to $114.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Finally, Morgan Stanley boosted their target price on Aercap from $101.00 to $111.00 and gave the stock an "equal weight" rating in a report on Thursday, May 1st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $121.25.

Aercap Price Performance

AER stock traded up $0.75 during trading on Thursday, hitting $114.80. The stock had a trading volume of 1,435,543 shares, compared to its average volume of 1,354,264. The company has a debt-to-equity ratio of 2.69, a current ratio of 0.21 and a quick ratio of 0.21. Aercap has a twelve month low of $82.21 and a twelve month high of $118.07. The stock has a market capitalization of $21.44 billion, a P/E ratio of 10.19, a PEG ratio of 2.32 and a beta of 1.38. The company's 50-day moving average price is $113.96 and its two-hundred day moving average price is $103.68.

Aercap (NYSE:AER - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $3.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.69 by $0.99. Aercap had a return on equity of 13.84% and a net margin of 26.53%. The company had revenue of $2.08 billion for the quarter, compared to analysts' expectations of $2.01 billion. During the same period in the previous year, the firm posted $3.29 EPS. Aercap's revenue was up 2.9% compared to the same quarter last year. As a group, research analysts predict that Aercap will post 11.29 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Steward Partners Investment Advisory LLC lifted its stake in Aercap by 393.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,253 shares of the financial services provider's stock worth $216,000 after purchasing an additional 1,796 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Aercap by 1.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 234,487 shares of the financial services provider's stock worth $22,440,000 after purchasing an additional 3,542 shares in the last quarter. Victory Capital Management Inc. lifted its stake in Aercap by 6.9% during the fourth quarter. Victory Capital Management Inc. now owns 140,415 shares of the financial services provider's stock worth $13,438,000 after purchasing an additional 9,091 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Aercap during the fourth quarter worth $3,284,000. Finally, Moors & Cabot Inc. lifted its stake in Aercap by 77.5% during the fourth quarter. Moors & Cabot Inc. now owns 8,199 shares of the financial services provider's stock worth $785,000 after purchasing an additional 3,580 shares in the last quarter. 96.42% of the stock is currently owned by institutional investors and hedge funds.

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.