Aercap (NYSE:AER) Reaches New 1-Year High – Still a Buy?

by · The Cerbat Gem

Aercap Holdings N.V. (NYSE:AER – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $140.86 and last traded at $140.2750, with a volume of 717991 shares. The stock had previously closed at $138.61.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on AER shares. Truist Financial began coverage on shares of Aercap in a research report on Tuesday. They issued a “buy” rating and a $159.00 price objective on the stock. Bank of America lifted their price objective on Aercap from $130.00 to $150.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Zacks Research upgraded shares of Aercap from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. TD Cowen upped their price objective on shares of Aercap from $135.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Finally, Weiss Ratings reiterated a “buy (b+)” rating on shares of Aercap in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $146.29.

Read Our Latest Stock Analysis on Aercap

Aercap Stock Up 1.3%

The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 2.43. The company has a fifty day simple moving average of $128.91 and a 200-day simple moving average of $120.77. The firm has a market cap of $26.22 billion, a P/E ratio of 6.64, a price-to-earnings-growth ratio of 0.73 and a beta of 1.13.

Aercap (NYSE:AER – Get Free Report) last released its earnings results on Wednesday, October 29th. The financial services provider reported $4.97 EPS for the quarter, topping the consensus estimate of $3.16 by $1.81. Aercap had a net margin of 45.41% and a return on equity of 15.16%. The firm had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2 billion. During the same quarter in the previous year, the firm earned $2.41 earnings per share. The company’s quarterly revenue was up 18.5% compared to the same quarter last year. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. On average, equities analysts anticipate that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.

Aercap Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 4th. Investors of record on Wednesday, November 12th were paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Wednesday, November 12th. Aercap’s dividend payout ratio (DPR) is currently 5.12%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Allworth Financial LP lifted its stake in Aercap by 57.9% in the third quarter. Allworth Financial LP now owns 2,711 shares of the financial services provider’s stock worth $328,000 after acquiring an additional 994 shares during the period. CIBC Private Wealth Group LLC raised its position in shares of Aercap by 55.2% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 3,764 shares of the financial services provider’s stock worth $455,000 after acquiring an additional 1,338 shares in the last quarter. CIBC Bancorp USA Inc. bought a new stake in Aercap during the third quarter valued at about $455,000. Danske Bank A S purchased a new stake in Aercap during the third quarter valued at approximately $12,507,000. Finally, Mizuho Markets Cayman LP boosted its stake in Aercap by 45,615.5% in the third quarter. Mizuho Markets Cayman LP now owns 3,510,491 shares of the financial services provider’s stock valued at $424,769,000 after acquiring an additional 3,502,812 shares in the last quarter. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

About Aercap

(Get Free Report)

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.

Read More