Aercap (NYSE:AER) Sets New 52-Week High – Still a Buy?

Aercap Holdings N.V. (NYSE:AER) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $148.13 and last traded at $147.95, with a volume of 116221 shares traded. The stock had previously closed at $144.63.

Analysts Set New Price Targets

AER has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Aercap in a research note on Wednesday, October 8th. TD Cowen upped their price objective on Aercap from $135.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Susquehanna lifted their target price on Aercap from $134.00 to $157.00 and gave the company a “positive” rating in a research note on Tuesday, November 11th. Zacks Research lowered Aercap from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. Finally, Barclays lifted their price objective on Aercap from $132.00 to $144.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Eight research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $146.29.

Aercap Stock Up 2.9%

The business has a fifty day moving average of $136.91 and a 200 day moving average of $124.50. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 2.43. The firm has a market cap of $27.79 billion, a P/E ratio of 7.04, a P/E/G ratio of 0.74 and a beta of 1.08.

Aercap (NYSE:AER) last posted its earnings results on Wednesday, October 29th. The financial services provider reported $4.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.16 by $1.81. The company had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2 billion. Aercap had a return on equity of 15.16% and a net margin of 45.41%.The company’s revenue for the quarter was up 18.5% compared to the same quarter last year. During the same period in the previous year, the company earned $2.41 EPS. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. On average, equities research analysts predict that Aercap Holdings N.V. will post 11.29 EPS for the current year.

Aercap Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Wednesday, November 12th were given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Wednesday, November 12th. Aercap’s dividend payout ratio (DPR) is currently 5.12%.

Institutional Trading of Aercap

Several hedge funds have recently added to or reduced their stakes in the business. Mather Group LLC. acquired a new position in Aercap in the third quarter valued at about $26,000. Advisory Services Network LLC acquired a new position in shares of Aercap in the 3rd quarter valued at approximately $35,000. Quarry LP bought a new stake in Aercap during the 1st quarter worth approximately $37,000. Caitong International Asset Management Co. Ltd acquired a new stake in Aercap during the 2nd quarter worth approximately $43,000. Finally, Geneos Wealth Management Inc. lifted its stake in Aercap by 26.6% in the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock valued at $46,000 after buying an additional 94 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.

About Aercap

AerCap Holdings N.V. (NYSE: AER) is a global aircraft leasing and aviation finance company that acquires, leases, sells and manages commercial aircraft and engines. Its core services include operating leases, finance leases, sale-and-leaseback transactions, aircraft trading and remarketing, and asset management for airline customers. The company also provides related commercial and technical support services designed to optimize fleet utilization and residual values over the life cycle of aircraft and engines.

Operating with a broad global footprint, AerCap serves airlines and other aviation customers across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.