AerCap Holdings Sets New 52-Week High at $48.81 (AER)
AerCap Holdings (NYSE:AER)’s share price hit a new 52-week high during mid-day trading on Thursday , AnalystRatingsNetwork.com reports. The stock traded as high as $48.81 and last traded at $48.57, with a volume of 634,370 shares changing hands. The stock had previously closed at $47.32.
A number of analysts have recently weighed in on AER shares. Analysts at FBR Capital Markets raised their price target on shares of AerCap Holdings from $48.00 to $52.00 in a research note on Wednesday, May 7th. They now have an “outperform” rating on the stock. Analysts at Cowen and Company raised their price target on shares of AerCap Holdings from $43.00 to $55.00 in a research note on Wednesday, May 7th. They now have an “outperform” rating on the stock. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $38.79.
The stock has a 50-day moving average of $44.48 and a 200-day moving average of $37.. The company has a market cap of $5.462 billion and a price-to-earnings ratio of 19.56.
AerCap Holdings (NYSE:AER) last released its earnings data on Tuesday, May 6th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.05. The company had revenue of $249.00 million for the quarter, compared to the consensus estimate of $268.10 million. During the same quarter in the previous year, the company posted $0.60 earnings per share. The company’s revenue for the quarter was up 9.8% on a year-over-year basis. Analysts expect that AerCap Holdings will post $3.23 EPS for the current fiscal year.
In other AerCap Holdings news, Director James N. Chapman unloaded 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 28th. The shares were sold at an average price of $46.93, for a total transaction of $140,790.00. The sale was disclosed in a document filed with the SEC, which is available at this link.
AerCap Holdings N.V. is an integrated global aviation company. The Company is engaged in the business of acquiring aviation assets at attractive prices, lease the assets to suitable lessees, and manage the funding and other lease related costs efficiently.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.