Press coverage about AerCap (NYSE:AER) has been trending somewhat positive recently, Accern Sentiment reports. The research group ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. AerCap earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 45.7810045145641 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:
- NCB Capital takes over Aercap’s 21 aircraft portfolio (saudigazette.com.sa)
- AerCap Sells Off $800 Mln Aircraft Portfolio (news.airwise.com)
- AerCap in €670m Peregrine jet deal (independent.ie)
- Zacks: Brokerages Anticipate AerCap Holdings (AER) Will Post Quarterly Sales of $1.22 Billion (americanbankingnews.com)
- Can Aercap Holdings NV (AER) Move Higher? Shares Tick 0.02 – Clawson News (clawsonnews.com)
Several analysts have weighed in on the company. Cowen boosted their price objective on AerCap from $55.00 to $58.00 and gave the stock an “outperform” rating in a report on Friday, November 3rd. Zacks Investment Research raised AerCap from a “sell” rating to a “hold” rating in a report on Monday, November 6th. Citigroup initiated coverage on AerCap in a report on Friday, December 8th. They set a “neutral” rating and a $57.00 price objective for the company. Wells Fargo & Company set a $62.00 price target on AerCap and gave the company a “buy” rating in a research note on Friday, December 15th. Finally, UBS upped their price target on AerCap from $44.00 to $54.00 and gave the company a “neutral” rating in a research note on Thursday, November 9th. Four analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $57.55.
Shares of AerCap (AER) traded down $0.05 during mid-day trading on Wednesday, hitting $52.69. The stock had a trading volume of 875,015 shares, compared to its average volume of 1,234,155. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 3.17. The company has a market cap of $8,410.00, a PE ratio of 7.74, a PEG ratio of 0.72 and a beta of 1.84. AerCap has a one year low of $41.34 and a one year high of $54.50.
AerCap (NYSE:AER) last posted its earnings results on Thursday, November 2nd. The financial services provider reported $1.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.47 by $0.15. AerCap had a return on equity of 13.84% and a net margin of 22.84%. The business had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.23 billion. During the same period in the prior year, the business earned $1.22 EPS. AerCap’s revenue for the quarter was up 3.9% compared to the same quarter last year. analysts anticipate that AerCap will post 6.14 EPS for the current year.
AerCap announced that its board has initiated a share repurchase program on Thursday, November 2nd that allows the company to buyback $200.00 million in shares. This buyback authorization allows the financial services provider to repurchase shares of its stock through open market purchases. Shares buyback programs are often an indication that the company’s board believes its shares are undervalued.
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AerCap Holdings N.V. is an independent aircraft leasing company. The Company focuses on acquiring in-demand aircraft, funding them, hedging interest rate risk and using its platform to deploy these assets. It operates its business on a global basis, leasing aircraft to customers in various geographical regions.
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