AerCap (NYSE:AER) Trading Up 20.4%

AerCap Holdings (NYSE:AER) was up 20.4% during trading on Wednesday . The company traded as high as $21.85 and last traded at $26.24, approximately 2,661,280 shares changed hands during trading. A decline of 29% from the average daily volume of 3,726,031 shares. The stock had previously closed at $21.79.

A number of research analysts have recently commented on AER shares. ValuEngine downgraded AerCap from a “sell” rating to a “strong sell” rating in a research report on Friday, January 3rd. Zacks Investment Research downgraded AerCap from a “hold” rating to a “sell” rating in a research report on Thursday. Deutsche Bank lowered their target price on AerCap from $76.00 to $63.00 and set a “buy” rating for the company in a research report on Wednesday, March 11th. Finally, TheStreet downgraded AerCap from a “b” rating to a “c+” rating in a research report on Thursday, March 12th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $66.25.

The company has a market capitalization of $2.87 billion, a P/E ratio of 2.95 and a beta of 1.72. The business has a 50-day moving average of $45.91 and a 200-day moving average of $55.51. The company has a debt-to-equity ratio of 3.14, a current ratio of 0.34 and a quick ratio of 0.34.

AerCap (NYSE:AER) last issued its quarterly earnings results on Thursday, February 13th. The financial services provider reported $2.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.89 by $0.45. The company had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.21 billion. AerCap had a return on equity of 12.50% and a net margin of 23.20%. AerCap’s revenue was up 3.1% on a year-over-year basis. During the same period last year, the company earned $1.62 earnings per share. Sell-side analysts predict that AerCap Holdings will post 7.61 EPS for the current fiscal year.

Institutional investors and hedge funds have recently modified their holdings of the stock. NEXT Financial Group Inc bought a new stake in AerCap in the fourth quarter worth $34,000. RMR Wealth Builders purchased a new stake in AerCap in the fourth quarter worth $36,000. Americana Partners LLC purchased a new stake in AerCap in the fourth quarter worth $39,000. Kistler Tiffany Companies LLC increased its stake in AerCap by 100.0% in the fourth quarter. Kistler Tiffany Companies LLC now owns 954 shares of the financial services provider’s stock worth $55,000 after purchasing an additional 477 shares during the period. Finally, Huntington National Bank increased its stake in AerCap by 32.3% in the fourth quarter. Huntington National Bank now owns 1,232 shares of the financial services provider’s stock worth $76,000 after purchasing an additional 301 shares during the period. Institutional investors own 88.53% of the company’s stock.

AerCap Company Profile (NYSE:AER)

AerCap Holdings N.V., an aircraft leasing company, engages in the lease, financing, sale, and management of commercial aircraft and engines in China, the United States, Ireland, and internationally. The company offers aircraft asset management services, including remarketing aircraft; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft; and conducting ongoing lessee financial performance reviews.

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