AerCap Holdings Now Covered by Analysts at Citigroup Inc. (AER)
A number of other analysts have also recently weighed in on AER. 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 investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $38.79.
Shares of AerCap Holdings (NYSE:AER) opened at 44.94 on Wednesday. AerCap Holdings has a 1-year low of $16.65 and a 1-year high of $48.81. The stock’s 50-day moving average is $46.46 and its 200-day moving average is $40.46. The company has a market cap of $5.114 billion and a P/E ratio of 18.80.
AerCap Holdings (NYSE:AER) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.70 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.60 earnings per share. AerCap Holdings’s revenue was up 9.8% compared to the same quarter last year. Analysts expect that AerCap Holdings will post $3.12 EPS for the current fiscal year.
In other AerCap Holdings news, Director Michael Gradon sold 3,250 shares of the company’s stock on the open market in a transaction dated Friday, June 13th. The shares were sold at an average price of $45.23, for a total value of $146,997.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through 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.
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