AerCap (NYSE:AER) Releases Fiscal 2022 Earnings Guidance


AerCap (NYSE: AERGet a rating) updated its earnings guidance for fiscal 2022 on Friday. The company provided earnings per share (EPS) guidance of $8.00 to $8.50 for the period, compared to the consensus estimate. of $7.57. The company released a revenue forecast of -.

Analyst upgrades and downgrades

ARE has been the subject of several recent research reports. Barclays raised its price target on AerCap from $58.00 to $66.00 and gave the stock an overweight rating in a report on Friday. StockNews.com launched coverage on AerCap in a report on Wednesday, October 12. They have set a holding rating on the stock. Finally, Credit Suisse Group raised its price target on AerCap from $70.00 to $74.00 and gave the stock an outperform rating in a Friday, August 12 report. One investment analyst gave the stock a hold rating and six gave the stock a buy rating. According to MarketBeat.com, the company currently has a moderate average buy rating and an average target price of $69.00.

AerCap trades up 3.1%

AerCap stock opened at $55.56 on Friday. AerCap has a fifty-two week low of $37.20 and a fifty-two week high of $71.38. The company’s fifty-day moving average price is $46.93 and its 200-day moving average price is $45.67. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt ratio of 3.17.

AerCap (NYSE: AERGet a rating) last released its results on Thursday, November 3. The financial services provider reported EPS of $2.21 for the quarter, beating consensus analyst estimates of $1.39 by $0.82. The company posted revenue of $1.72 billion for the quarter, versus $1.65 billion for analysts. AerCap recorded a positive return on equity of 12.31% and a negative net margin of 17.91%. The company’s revenue increased 18.6% year over year. In the same quarter of the previous year, the company had earned earnings per share of $4.04. As a group, analysts expect AerCap to post earnings per share of 7.04 for the current year.

Institutional entries and exits

A number of institutional investors and hedge funds have recently shifted their AER holdings. Covestor Ltd purchased a new stake in AerCap shares during the first quarter for a value of approximately $178,000. APG Asset Management NV purchased a new equity stake in AerCap during the first quarter for a value of approximately $203,000. Engineers Gate Manager LP purchased a new equity stake in AerCap during the first quarter worth approximately $209,000. Virtu Financial LLC purchased a new stake in AerCap stock during the first quarter for approximately $213,000. Finally, XTX Topco Ltd purchased a new equity stake in AerCap during the first quarter for a value of approximately $246,000. 98.30% of the shares are held by institutional investors.

About AerCap

(Get a rating)

AerCap Holdings NV is engaged in leasing, financing, selling and managing commercial flight equipment in China, Hong Kong, Macao, USA, Ireland and internationally. The Company offers aviation asset management services, such as aircraft and engine remarketing; collect rental and maintenance rents, oversee the maintenance of aircraft, monitor and enforce compliance with contracts, and accept delivery and return of aircraft and engines; and conducting ongoing reviews of tenant financial performance.

See also

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