Aercap (NYSE:AER) Hits New 52-Week High Following Strong Earnings

Shares of Aercap Holdings N.V. (NYSE:AER) hit a new 52-week high during trading on Wednesday following a stronger than expected earnings report. The stock traded as high as $156.33 and last traded at $150.9510, with a volume of 139222 shares trading hands. The stock had previously closed at $154.09.

The financial services provider reported $5.14 EPS for the quarter, beating analysts’ consensus estimates of $4.14 by $1.00. Aercap had a net margin of 45.22% and a return on equity of 16.01%. The business had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.10 billion. During the same quarter last year, the business earned $2.83 earnings per share. The business’s revenue for the quarter was up 14.9% on a year-over-year basis. Aercap has set its FY 2026 guidance at 16.800-16.800 EPS.

Aercap announced that its Board of Directors has approved a stock repurchase program on Wednesday, April 29th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the financial services provider to repurchase up to 4.3% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management believes its shares are undervalued.

Analyst Ratings Changes

A number of brokerages recently issued reports on AER. Weiss Ratings upgraded Aercap from a “buy (b+)” rating to a “buy (a-)” rating in a report on Wednesday, July 8th. Truist Financial lifted their target price on shares of Aercap from $161.00 to $175.00 and gave the company a “buy” rating in a research note on Wednesday, July 8th. Citigroup began coverage on Aercap in a research report on Monday, July 20th. They issued a “buy” rating and a $173.00 target price on the stock. Morgan Stanley cut their price objective on shares of Aercap from $160.00 to $155.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 30th. Finally, JPMorgan Chase & Co. raised their target price on Aercap from $150.00 to $155.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of $168.67.

Institutional Trading of Aercap

Institutional investors have recently modified their holdings of the company. Arkadios Wealth Advisors boosted its stake in Aercap by 2.7% during the fourth quarter. Arkadios Wealth Advisors now owns 2,525 shares of the financial services provider’s stock worth $363,000 after buying an additional 67 shares in the last quarter. Williams & Novak LLC increased its holdings in shares of Aercap by 4.6% during the second quarter. Williams & Novak LLC now owns 1,531 shares of the financial services provider’s stock worth $223,000 after buying an additional 68 shares in the last quarter. Parallel Advisors LLC increased its holdings in Aercap by 7.1% during the 1st quarter. Parallel Advisors LLC now owns 1,110 shares of the financial services provider’s stock valued at $152,000 after purchasing an additional 74 shares in the last quarter. Contravisory Investment Management Inc. increased its stake in shares of Aercap by 4.2% in the second quarter. Contravisory Investment Management Inc. now owns 1,968 shares of the financial services provider’s stock valued at $287,000 after buying an additional 79 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its position in Aercap by 26.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock valued at $46,000 after acquiring an additional 94 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.

Aercap Stock Down 2.3%

The stock has a market cap of $25.12 billion, a P/E ratio of 6.60, a PEG ratio of 1.05 and a beta of 0.94. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.24 and a current ratio of 0.24. The firm’s 50-day moving average is $144.39 and its two-hundred day moving average is $143.41.

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.