AerCap Holdings N.V. (NYSE:AER) finished Friday with a subtraction of -$0.49 to close at $62.63, a downside of -0.78 percent. An average of 607,860 shares of common stock have been traded in the last five days. There was a fall of -$1.44 in the past week, and it reached a new high 30 times over the past 12 months. The last 20 days have seen an average of 1,030,950 shares traded, while the 50-day average volume stands at 966,434.
AER stock has decreased by -3.88% in the last month. The company shares reached their 1-month lowest point of $61.95 on 08/11/23. With the stock rallying to its 52-week high on 07/31/23, shares of the company touched a low of $39.73 and a high of $69.50 in 52 weeks. It has reached a new high 15 times so far this year and achieved 7.39% or $4.31 in price. In spite of this, the price is down -9.88% from the 52-week high.
Valuation Metrics
AerCap Holdings N.V. (AER) has a trailing price-to-earnings (P/E) ratio of 8.06. The stock’s beta is 1.98. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.08, the price-to-book (PB) ratio at 0.89, and the price-to-cash flow ratio at 1215.18.
Financial Health
Further, the company has a long term debt to equity ratio of 2.84 and a total debt to equity ratio of 2.84 for the quarter ending June 29. AerCap Holdings N.V.’s EBITDA margin for the year ending June 29 is 82.01%, while its operating margin for the same period stands at 45.70%. Its gross profit as reported stood at $6.19 billion compared to revenue of $7.01 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, AerCap Holdings N.V.’s return on assets was 2.70%.
Earnings Surprise
For the three-month period that ended June 29, AerCap Holdings N.V. had $46.53 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$726.04 million in the quarter, while revenues were grew 237.8%. The analyst consensus anticipated AerCap Holdings N.V.’s latest quarter earnings to come in at $2.06 per share, but it turned out to be $2.56, a 24.30% surprise. For the quarter, EBITDA amounted to $1.65 billion.
Technical Picture
From a technical analysis perspective, let’s take a brief look at AerCap Holdings N.V. (AER) price momentum. RSI 9-day as of the close on 11 August was 40.76%, suggesting the stock is Neutral, with historical volatility in this time frame at 21.48%.
As of today, AER’s price is $63.49 -2.25% or -$1.44 from its 5-day moving average. AER is currently trading -2.25% lower than its 20-day SMA and +20.98% higher than its 100-day SMA. However, the stock’s current price level is +9.72% above the SMA50 and +23.77% above the SMA200.
The stochastic %K and %D were 7.83% and 13.16%, respectively, and the average true range (ATR) was 1.59. With the 14-day stochastic at 9.01% and the average true range at 1.58, the RSI (14) stands at 45.24%. The stock has reached -0.75 on the 9-day MACD Oscillator while the 14-day reading was at -1.03.
Analyst Ratings
Citigroup launched coverage on AerCap Holdings N.V. (NYSE: AER) in its analyst report released on May 15, 2023. The firm assigned the stock a Buy rating. The consensus rating for AerCap Holdings N.V. (AER) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell AER, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 10 others rate it as a “buy”.
What is AER’s price target for the next 12 months?
Analysts predict a range of price targets between $75.00 and $90.00, with a median target of $77.00. Taking a look at these predictions, the average price target given by analysts for AerCap Holdings N.V. (AER) stock is $79.56.
