AerCap (NYSE:AER) PT Raised to $115.00 at Deutsche Bank Aktiengesellschaft

AerCap (NYSE:AER - Get Free Report) had its price objective lifted by equities research analysts at Deutsche Bank Aktiengesellschaft from $110.00 to $115.00 in a research note issued to investors on Tuesday, Benzinga reports. The firm currently has a "buy" rating on the financial services provider's stock. Deutsche Bank Aktiengesellschaft's price target indicates a potential upside of 19.47% from the stock's current price.

Other analysts also recently issued reports about the company. TD Cowen restated a "buy" rating and set a $125.00 price objective on shares of AerCap in a research report on Monday, July 29th. Barclays upped their price objective on AerCap from $111.00 to $113.00 and gave the stock an "overweight" rating in a research report on Friday, August 2nd. Finally, Susquehanna upped their price objective on AerCap from $100.00 to $108.00 and gave the stock a "positive" rating in a research report on Friday, August 2nd. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, AerCap has an average rating of "Moderate Buy" and an average target price of $106.43.

AerCap Stock Down 0.2 %

Shares of AerCap stock traded down $0.21 on Tuesday, reaching $96.26. 935,905 shares of the company were exchanged, compared to its average volume of 1,465,367. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 2.69. The company has a market capitalization of $19.05 billion, a price-to-earnings ratio of 6.26, a PEG ratio of 2.13 and a beta of 1.83. AerCap has a one year low of $57.84 and a one year high of $99.30. The company has a 50-day moving average of $94.67 and a 200 day moving average of $92.11.

AerCap (NYSE:AER - Get Free Report) last posted its earnings results on Thursday, August 1st. The financial services provider reported $3.01 earnings per share for the quarter, topping analysts' consensus estimates of $2.41 by $0.60. AerCap had a return on equity of 15.12% and a net margin of 42.02%. The business had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.89 billion. During the same period in the previous year, the firm earned $2.56 EPS. The firm's revenue was up 1.8% compared to the same quarter last year. On average, equities research analysts forecast that AerCap will post 11.33 earnings per share for the current year.

Institutional Investors Weigh In On AerCap

A number of hedge funds and other institutional investors have recently modified their holdings of AER. Blue Trust Inc. lifted its stake in shares of AerCap by 89.9% in the 2nd quarter. Blue Trust Inc. now owns 283 shares of the financial services provider's stock valued at $25,000 after acquiring an additional 134 shares during the last quarter. Mather Group LLC. raised its position in AerCap by 230.1% during the 2nd quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock valued at $27,000 after purchasing an additional 214 shares during the last quarter. UMB Bank n.a. raised its position in AerCap by 35.5% during the 3rd quarter. UMB Bank n.a. now owns 664 shares of the financial services provider's stock valued at $63,000 after purchasing an additional 174 shares during the last quarter. Federated Hermes Inc. raised its position in AerCap by 209.1% during the 2nd quarter. Federated Hermes Inc. now owns 1,567 shares of the financial services provider's stock valued at $146,000 after purchasing an additional 1,060 shares during the last quarter. Finally, Banque Cantonale Vaudoise bought a new position in AerCap during the 1st quarter valued at approximately $182,000. Institutional investors own 96.42% of the company's stock.

AerCap Company Profile

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.