AerCap (NYSE:AER) PT Raised to $115.00 at Deutsche Bank Aktiengesellschaft

AerCap (NYSE:AER) had its price target increased by equities research analysts at Deutsche Bank Aktiengesellschaft from $110.00 to $115.00 in a research report issued on Tuesday, Benzinga reports. The firm currently has a “buy” rating on the financial services provider’s stock. Deutsche Bank Aktiengesellschaft’s target price would suggest a potential upside of 20.28% from the stock’s previous close.

Several other research analysts have also recently issued reports on the company. Susquehanna upped their price target on AerCap from $100.00 to $108.00 and gave the company a “positive” rating in a report on Friday, August 2nd. Barclays boosted their target price on AerCap from $111.00 to $113.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. Finally, TD Cowen reiterated a “buy” rating and issued a $125.00 price target on shares of AerCap in a research report on Monday, July 29th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $106.43.

AerCap Trading Down 0.6 %

AerCap stock opened at $95.61 on Tuesday. AerCap has a 12-month low of $58.46 and a 12-month high of $99.30. The company has a debt-to-equity ratio of 2.69, a current ratio of 0.29 and a quick ratio of 0.29. The stock has a market capitalization of $18.92 billion, a PE ratio of 6.22, a price-to-earnings-growth ratio of 2.13 and a beta of 1.83. The firm has a 50 day simple moving average of $94.72 and a 200-day simple moving average of $92.13.

AerCap (NYSE:AER) last issued its quarterly earnings results on Thursday, August 1st. The financial services provider reported $3.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.41 by $0.60. AerCap had a return on equity of 15.12% and a net margin of 42.02%. The company had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $1.89 billion. During the same period last year, the firm earned $2.56 EPS. The firm’s revenue for the quarter was up 1.8% on a year-over-year basis. As a group, equities research analysts expect that AerCap will post 11.33 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Dupree Financial Group LLC lifted its position in AerCap by 0.4% in the 3rd quarter. Dupree Financial Group LLC now owns 28,395 shares of the financial services provider’s stock worth $2,690,000 after buying an additional 121 shares in the last quarter. Inspire Advisors LLC increased its position in AerCap by 1.5% in the 1st quarter. Inspire Advisors LLC now owns 8,150 shares of the financial services provider’s stock worth $708,000 after purchasing an additional 124 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in shares of AerCap by 1.9% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 6,919 shares of the financial services provider’s stock worth $645,000 after purchasing an additional 129 shares in the last quarter. Blue Trust Inc. increased its holdings in AerCap by 89.9% in the second quarter. Blue Trust Inc. now owns 283 shares of the financial services provider’s stock worth $25,000 after buying an additional 134 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV raised its position in AerCap by 3.0% during the second quarter. Massmutual Trust Co. FSB ADV now owns 4,935 shares of the financial services provider’s stock valued at $460,000 after acquiring an additional 146 shares in 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.