Analyst Moshe Orenbuch from TD Cowen reiterated a Buy rating on Aercap Holdings and increased the price target to $150.00 from $130.00.
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Moshe Orenbuch has given his Buy rating due to a combination of factors that highlight Aercap Holdings’ strong financial performance and strategic positioning. The company reported an impressive adjusted EPS for the quarter, significantly surpassing both the analyst’s and consensus estimates. This was accompanied by a substantial increase in their full-year adjusted EPS guidance, indicating confidence in continued financial strength.
Aercap Holdings also demonstrated robust capital management, with a significant share buyback and a notable improvement in net spreads, the highest since 2019. The company’s leverage is well below its target, suggesting ample excess capital for future shareholder returns and investments. Additionally, revenue exceeded expectations across all metrics, driven by higher maintenance and lease revenues. These factors collectively underpin Moshe Orenbuch’s positive outlook on Aercap Holdings, justifying the Buy rating.
AER’s price has also changed moderately for the past six months – from $105.740 to $131.630, which is a 24.48% increase.