Added to YB: 2024-12-09
Pitch date: 2024-12-06
AER [bullish]
AerCap Holdings N.V.
+49.29%
current return
Author Info
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Company Info
AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in the United States, China, and internationally.
Market Cap
$16.1B
Pitch Price
$94.98
Price Target
135.00 (-3%)
Dividend
1.21%
EV/EBITDA
13.47
P/E
8.29
EV/Sales
7.53
Sector
Trading Companies and Distributors
Category
growth
Strong Market Tailwinds Propel AerCap Toward $135 Price Target
AER: Largest aircraft/engine lessor. Strong FY25 setup: 20% fleet on new leases at 30% higher rates = 6% rev growth vs 2.1% consensus. Tight market, rising lease rates (A320 +45%, CFM56-7B +70%). Asset sales at 2x BV fund buybacks. $15+ FY25 EPS possible. $135 PT (41% upside) at 9x P/E. Low risk, travel demand/supply stable.
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