Through Milestone Aviation Group, its subsidiary, it owns 325 helicopters. Business Portfolio Īs of December 31, 2022, it had 3,532 aircraft, engines and helicopters owned, on order or managed, including 1,572 owned aircraft, 187 managed aircraft, 435 new aircraft on order, with a weighted average age of 7.2 years, and over 900 owned and managed aircraft engines, primarily manufactured by General Electric and CFM International. General Electric owned 45.4% of the company, decreasing to 33.46% after selling shares in March 2023. Its assets include wide-body aircraft, regional jets, cargo aircraft, aircraft engines, and helicopters. It became the largest aviation leasing company in the world following the acquisition of International Lease Finance Corporation (ILFC) in 2014, and GECAS from General Electric in 2021, an over $30 billion acquisition. AerCap is listed on the NYSE with the ticker 'AER'. is an Irish aviation leasing company headquartered in Dublin, Ireland, with offices around the world.
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This has had a noticeable impact on the consensus estimate though as the current quarter consensus estimate has risen by 15% in the past two months, while the full year estimate has increased by 10.8%.AerCap Holdings N.V. The current quarter has seen two estimates go higher in the past sixty days compared to none lower, while the full year estimate has seen four up and one down in the same time period.
Meanwhile, the company’s recent earnings estimates have been robust at best. (You can read more about the Zacks Style Scores here >) This gives AER a Zacks VGM score-or its overarching fundamental grade-of ‘A’. In particular, it is worth noting that the company has a Growth grade of ‘B’ and a Momentum score of ‘B’. Though AerCap Holdings might be a good choice for value investors, there are plenty of other factors to consider before investing in this name. Clearly, AER is a solid choice on the value front from multiple angles. The PEG ratio is a modified PE ratio that takes into account the stock’s earnings growth rate. This makes AerCap Holdings a solid choice for value investors, and some of its other key metrics make this pretty clear too.įor example, the PEG ratio for AerCap Holdings is just 1.26, a level that is far lower than the industry average of 1.66. In aggregate, AerCap Holdings currently has a Zacks Value Style Score of ‘A’, putting it into the top 20% of all stocks we cover from this look. If anything, this suggests some level of undervalued trading-at least compared to historical norms. On this front, AerCap Holdings has a trailing twelve months PE ratio of 6.32, as you can see in the chart below: The best use of the PE ratio is to compare the stock’s current PE ratio with: a) where this ratio has been in the past b) how it compares to the average for the industry/sector and c) how it compares to the market as a whole. This shows us how much investors are willing to pay for each dollar of earnings in a given stock, and is easily one of the most popular financial ratios in the world.
Let’s put AerCap Holdings AER stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE RatioĪ key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? Value investing is easily one of the most popular ways to find great stocks in any market environment.
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