Aercap Holdings N.V. Hits New 52-Week High at $19.71 (AER)
Aercap Holdings N.V. (NYSE:AER)’s share price reached a new 52-week high on Thursday, Stock Ratings Network reports. The company traded as high as $19.71 and last traded at $19.58, with a volume of 309,899 shares traded. The stock had previously closed at $19.50.
AER has been the subject of a number of recent research reports. Analysts at Deutsche Bank raised their price target on shares of Aercap Holdings N.V. (NYSE:AER) from $15.00 to $19.00 in a research note to investors on Thursday, August 22nd. They now have a “buy” rating on the stock. Separately, analysts at RBC Capital initiated coverage on shares of Aercap Holdings N.V. (NYSE:AER) in a research note to investors on Friday, August 16th. They set an “outperform” rating and a $28.00 price target on the stock. Finally, analysts at FBR Capital Markets raised their price target on shares of Aercap Holdings N.V. (NYSE:AER) from $19.00 to $22.00 in a research note to investors on Wednesday, August 7th. They now have an “outperform” rating on the stock. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $21.92.
Aercap Holdings N.V. has a one year low of $12.23 and a one year high of $19.56. The stock has a 50-day moving average of $18.5 and a 200-day moving average of $17.06. The company has a market cap of $2.225 billion and a price-to-earnings ratio of 10.94.
Aercap Holdings N.V. (NYSE:AER) last issued its quarterly earnings data on Tuesday, August 6th. The company reported $0.59 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.54 by $0.05. The company had revenue of $247.00 million for the quarter, compared to the consensus estimate of $241.72 million. During the same quarter last year, the company posted $0.43 earnings per share. Aercap Holdings N.V.’s revenue was down 2.3% compared to the same quarter last year. On average, analysts predict that Aercap Holdings N.V. will post $2.41 earnings per share for the current fiscal year.
AerCap Holdings N.V. is an integrated global aviation company. The Company is engaged in the business of acquiring aviation assets and leasing the assets to suitable lessees, and manage the funding and other lease related costs.
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