Deutsche Bank Aktiengesellschaft Increases AerCap (NYSE:AER) Price Target to $115.00

AerCap (NYSE:AER) had its price target increased by research analysts at Deutsche Bank Aktiengesellschaft from $110.00 to $115.00 in a research note issued on Tuesday, Benzinga reports. The firm presently has a “buy” rating on the financial services provider’s stock. Deutsche Bank Aktiengesellschaft’s target price suggests a potential upside of 19.16% from the stock’s previous close.

Several other equities research analysts have also recently commented on AER. Susquehanna boosted their price objective on shares of AerCap from $100.00 to $108.00 and gave the company a “positive” rating in a research report on Friday, August 2nd. Barclays increased their price objective on shares of AerCap from $111.00 to $113.00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. Finally, TD Cowen restated a “buy” rating and set a $125.00 price objective on shares of AerCap in a research note on Monday, July 29th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $106.43.

AerCap Stock Performance

AerCap stock opened at $96.51 on Tuesday. The company has a debt-to-equity ratio of 2.69, a current ratio of 0.29 and a quick ratio of 0.29. The stock has a fifty day moving average price of $94.60 and a two-hundred day moving average price of $92.05. AerCap has a 52-week low of $57.84 and a 52-week high of $99.30. The firm has a market capitalization of $19.10 billion, a P/E ratio of 6.28, a P/E/G ratio of 2.13 and a beta of 1.83.

AerCap (NYSE:AER) last released its quarterly earnings data on Thursday, August 1st. The financial services provider reported $3.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.41 by $0.60. AerCap had a return on equity of 15.12% and a net margin of 42.02%. The firm had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.89 billion. During the same period in the prior year, the company posted $2.56 earnings per share. The business’s revenue for the quarter was up 1.8% compared to the same quarter last year. As a group, analysts anticipate that AerCap will post 11.33 EPS for the current fiscal year.

Institutional Investors Weigh In On AerCap

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Blue Trust Inc. grew its position in shares of AerCap by 89.9% during 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 period. Mather Group LLC. raised its position in shares of 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 buying an additional 214 shares in the last quarter. UMB Bank n.a. raised its position in shares of 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 buying an additional 174 shares in the last quarter. Federated Hermes Inc. raised its position in shares of 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 buying an additional 1,060 shares in the last quarter. Finally, Gordian Capital Singapore Pte Ltd raised its position in shares of AerCap by 33.3% during the 2nd quarter. Gordian Capital Singapore Pte Ltd now owns 2,000 shares of the financial services provider’s stock valued at $186,000 after buying an additional 500 shares in the last quarter. Hedge funds and other 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.