AerCap Target of Unusually Large Options Trading (AER)

AerCap Holdings (NYSE:AER) saw unusually large options trading on Thursday. Traders purchased 1,190 put options on the stock. This is an increase of 1,012% compared to the average volume of 107 put options.

Shares of AER opened at $52.69 on Friday. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 3.27. AerCap has a one year low of $48.29 and a one year high of $58.30. The stock has a market capitalization of $8.54 billion, a price-to-earnings ratio of 8.37, a P/E/G ratio of 1.22 and a beta of 1.91.

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AerCap (NYSE:AER) last issued its quarterly earnings data on Monday, July 30th. The financial services provider reported $1.70 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.47 by $0.23. AerCap had a net margin of 21.24% and a return on equity of 12.15%. The business had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.18 billion. During the same period last year, the business posted $1.67 earnings per share. AerCap’s quarterly revenue was down 5.5% compared to the same quarter last year. Sell-side analysts predict that AerCap will post 6.68 EPS for the current fiscal year.

Several analysts recently issued reports on AER shares. Zacks Investment Research cut AerCap from a “buy” rating to a “hold” rating in a research note on Tuesday, July 31st. Stephens cut AerCap from an “overweight” rating to an “equal weight” rating and set a $64.00 target price on the stock. in a research note on Tuesday, July 31st. Morgan Stanley raised their target price on AerCap from $53.00 to $54.00 and gave the stock an “underweight” rating in a research note on Monday, August 6th. Barclays cut their target price on AerCap from $71.00 to $69.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 31st. Finally, ValuEngine cut AerCap from a “buy” rating to a “hold” rating in a research note on Friday, June 15th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $62.90.

Institutional investors and hedge funds have recently modified their holdings of the business. Financial Gravity Wealth Inc. purchased a new stake in AerCap in the first quarter worth about $146,000. Tower Research Capital LLC TRC purchased a new stake in AerCap in the second quarter worth about $167,000. We Are One Seven LLC purchased a new stake in AerCap in the third quarter worth about $222,000. Commonwealth Equity Services LLC purchased a new stake in AerCap in the second quarter worth about $224,000. Finally, Daiwa SB Investments Ltd. purchased a new stake in AerCap in the third quarter worth about $225,000. Institutional investors and hedge funds own 85.76% of the company’s stock.

AerCap Company Profile

AerCap Holdings N.V., an aircraft leasing company, engages in the lease, financing, sale, and management of commercial aircraft and engines in Mainland China, Hong Kong, Macau, the United States, Ireland, and internationally. The company provides aircraft asset management services, including remarketing aircraft; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft; and conducting ongoing lessee financial performance reviews.

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