NASDAQ:ASLE

AerSale (ASLE) Stock Forecast, Price & News

$14.45

-0.68 (-4.49%)

(As of 06/5/2023 ET)

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Today's Range: $14.41
▼
$15.09
50-Day Range: $14.45
▼
$17.82
52-Week Range: $13.01
▼
$21.76

Volume: 462,139 shs
Average Volume: 233,653 shs
Market Capitalization: $740.13 million

P/E Ratio: 30.75
Dividend Yield: N/A
Price Target: $21.25

AerSale MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 47.1% Upside
$21.25 Price Target
Short Interest: Bearish
5.27% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.67
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 25.00%
From $1.00 to $1.25 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.31 out of 5 stars

Aerospace Sector

14th out of 44 stocks

Machinery, Equipment, & Supplies Industry

5th out of 6 stocks

3.5

Analyst's Opinion

Consensus Rating
AerSale has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $21.25, AerSale has a forecasted upside of 47.1% from its current price of $14.45.
Amount of Analyst Coverage
AerSale has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
5.27% of the float of AerSale has been sold short.
Short Interest Ratio / Days to Cover
AerSale has a short interest ratio ("days to cover") of 5.2.
Change versus previous month
Short interest in AerSale has recently increased by 33.06%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
AerSale does not currently pay a dividend.
Dividend Growth
AerSale does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ASLE.

2.6

News and Social Media Coverage

News Sentiment
AerSale has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Aerospace companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for AerSale this week, compared to 2 articles on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, AerSale insiders have not sold or bought any company stock.
Percentage Held by Insiders
50.60% of the stock of AerSale is held by insiders. A high percentage of insider ownership can be a sign of company health.

2.5

Earnings and Valuation

Earnings Growth
Earnings for AerSale are expected to grow by 25.00% in the coming year, from $1.00 to $1.25 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AerSale is 30.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.33.
Price to Earnings Ratio vs. Sector
The P/E ratio of AerSale is 30.75, which means that it is trading at a more expensive P/E ratio than the Aerospace sector average P/E ratio of about 18.76.
Price to Book Value per Share Ratio
AerSale has a P/B Ratio of 1.68. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About AerSale (NASDAQ:ASLE) Stock

AerSale Corporation provides aftermarket commercial aircraft, engines, and its parts to passenger and cargo airlines, leasing companies, original equipment manufacturers, and government and defense contractors, as well as maintenance, repair, and overhaul (MRO) service providers worldwide. It operates in two segments, Asset Management Solutions and Technical Operations (TechOps). The Asset Management Solutions segment engages in the sale and lease of aircraft, engines, and airframes, as well as disassembly of these assets for component parts. The TechOps segment provides internal and third-party aviation services, including internally developed engineered solutions, heavy aircraft maintenance and modification, and component MRO, as well as end-of-life disassembly services. This segment also provides aircraft modifications, cargo and tanker conversions of aircraft, and aircraft storage; and MRO services for landing gear, thrust reversers, hydraulic systems, and other aircraft components. The company was founded in 2008 and is headquartered in Coral Gables, Florida.

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ASLE Stock News Headlines

May 31, 2023 | finance.yahoo.com

Estimating The Intrinsic Value Of AerSale Corporation (NASDAQ:ASLE)

May 31, 2023 | theglobeandmail.com

Why AerSale Stock Is Losing Altitude Today

June 6, 2023 | Behind the Markets (Ad)

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May 26, 2023 | msn.com

RBC Capital Reiterates AerSale (ASLE) Outperform Recommendation

May 26, 2023 | msn.com

5 Analysts Have This to Say About AerSale

May 26, 2023 | markets.businessinsider.com

Analysts Offer Insights on Industrial Goods Companies: AerSale Corporation (ASLE) and Microvast Holdings (MVST)

May 25, 2023 | finance.yahoo.com

AerSale Announces Participation at Stifel 2023 Cross Sector Insight and Wells Fargo 2023 Industrials Conferences

May 21, 2023 | markets.businessinsider.com

TD Cowen Reaffirms Their Hold Rating on AerSale Corporation (ASLE)

June 6, 2023 | Behind the Markets (Ad)

"Unknown laser company making HUGE profit from Russia-Ukraine War"

May 17, 2023 | markets.businessinsider.com

Stifel Nicolaus Reaffirms Their Buy Rating on AerSale Corporation (ASLE)

May 16, 2023 | americanbankingnews.com

AerSale Co. (NASDAQ:ASLE) Short Interest Down 11.0% in April

May 15, 2023 | seekingalpha.com

AerSale Stock: Why I Bought More

May 12, 2023 | msn.com

RBC Capital Maintains AerSale (ASLE) Outperform Recommendation

May 12, 2023 | msn.com

Stifel Maintains AerSale (ASLE) Buy Recommendation

May 12, 2023 | americanbankingnews.com

AerSale (NASDAQ:ASLE) Shares Gap Down Following Analyst Downgrade

May 10, 2023 | msn.com

AerSale Q1 2023 Earnings Preview

May 10, 2023 | finance.yahoo.com

AerSale Corporation (ASLE) Q1 Earnings and Revenues Lag Estimates

May 10, 2023 | americanbankingnews.com

AerSale (NASDAQ:ASLE) Price Target Cut to $21.00

May 9, 2023 | finance.yahoo.com

AerSale Reports First Quarter 2023 Results

May 8, 2023 | americanbankingnews.com

AerSale (ASLE) to Release Quarterly Earnings on Tuesday

May 3, 2023 | finance.yahoo.com

One AerSale Corporation (NASDAQ:ASLE) insider upped their stake by 25% in the previous year

May 2, 2023 | americanbankingnews.com

AerSale Co. (NASDAQ:ASLE) Sees Large Increase in Short Interest

April 24, 2023 | finance.yahoo.com

AerSale Announces Date for First Quarter 2023 Earnings Release Conference Call

April 19, 2023 | finance.yahoo.com

AerSale Announces Appointment of Andrew Levy to its Board of Directors and Planned Retirement of Existing Members.

April 17, 2023 | seekingalpha.com

AerSale Stock: A Disruptive Buy

April 17, 2023 | americanbankingnews.com

AerSale Co. (NASDAQ:ASLE) Sees Large Growth in Short Interest

April 11, 2023 | seekingalpha.com

AerSale Corporation: A Major Disruptor In The Commercial Aircraft Space

See More Headlines

ASLE Price History

30 days | 90 days | 365 days | Advanced Chart

ASLE Company Calendar

Last Earnings: 5/09/2023
Today: 6/05/2023
Next Earnings (Estimated): 8/14/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Machinery, equipment, & supplies
Sub-Industry: N/A
Sector: Aerospace
Current Symbol: NASDAQ:ASLE
CUSIP: N/A
CIK: 1754170
Web: www.aersale.com
Phone: 305-764-3200
Fax: N/A
Employees: 509
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $21.25
High Stock Price Forecast: $23.00
Low Stock Price Forecast: $20.00
Forecasted Upside/Downside: +47.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.47
Trailing P/E Ratio: 30.75
Forward P/E Ratio: 14.45
P/E Growth: N/A
Net Income: $43.86 million
Net Margins: 7.32%
Pretax Margin: 9.92%
Return on Equity: 7.49%
Return on Assets: 6.46%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 5.73
Quick Ratio: 3.16

Sales & Book Value

Annual Sales: $408.54 million
Price / Sales: 1.81
Cash Flow: $1.10 per share
Price / Cash Flow: 13.19
Book Value: $8.59 per share
Price / Book: 1.68

Miscellaneous

Outstanding Shares: 51,220,000
Free Float: 25,303,000
Market Cap: $740.13 million
Optionable: Not Optionable
Beta: 0.40

Key Executives

Mr. Nicolas Finazzo (Age 66)
Chairman, CEO & Division Pres of TechOps
Comp: $1.35M

Mr. Robert B. Nichols (Age 67)
Exec. Vice Chairman & Division Pres of Asset Management Solutions
Comp: $1.34M

Mr. Gary Edmund Jones (Age 59)
Pres of Materials Group
Comp: $727.27k

Mr. Martin Garmendia (Age 48)
CFO, Treasurer & Sec.

Mr. Ronald Wolf
Sr. VP of Operations & Quality Assurance

Mr. Charles P. McDonald (Age 58)
CTO & Divisional Pres of Heavy MRO Services

Mr. Enrique Pizzi
Chief Information Officer

Mr. James A. Fry (Age 61)
Exec. VP, Gen. Counsel & Corp. Sec.

Ms. Vanessa Russi-Machado
Sr. VP of HR

Mr. Frederick Craig Wright (Age 55)
Division Pres of Aircraft & Engine Management

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ASLE Stock - Frequently Asked Questions

Should I buy or sell AerSale stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AerSale in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ASLE shares.
View ASLE analyst ratings or view top-rated stocks.
What is AerSale's stock price forecast for 2023?: 3 analysts have issued 1-year price objectives for AerSale's stock. Their ASLE share price forecasts range from $20.00 to $23.00. On average, they expect the company's stock price to reach $21.25 in the next year. This suggests a possible upside of 47.1% from the stock's current price.
View analysts price targets for ASLE or view top-rated stocks among Wall Street analysts.
How have ASLE shares performed in 2023?: AerSale's stock was trading at $16.22 at the start of the year. Since then, ASLE stock has decreased by 10.9% and is now trading at $14.45.
View the best growth stocks for 2023 here.
Are investors shorting AerSale?: AerSale saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,090,000 shares, an increase of 33.1% from the April 30th total of 819,200 shares. Based on an average trading volume of 209,000 shares, the short-interest ratio is presently 5.2 days. Approximately 5.3% of the company's shares are sold short.
View AerSale's Short Interest.
When is AerSale's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
View our ASLE earnings forecast.
How were AerSale's earnings last quarter?: AerSale Co. (NASDAQ:ASLE) announced its earnings results on Tuesday, May, 9th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.09 by $0.08. The company had revenue of $78.27 million for the quarter, compared to analyst estimates of $86.51 million. AerSale had a trailing twelve-month return on equity of 7.49% and a net margin of 7.32%.
What ETF holds AerSale's stock ?: Vanguard U.S. Quality Factor ETF holds 18,976 shares of ASLE stock, representing 0.16% of its portfolio.

What guidance has AerSale issued on next quarter's earnings?: AerSale updated its FY 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $460.00 million-$490.00 million, compared to the consensus revenue estimate of $470.74 million.
What is AerSale's stock symbol?: AerSale trades on the NASDAQ under the ticker symbol "ASLE."
Who are AerSale's major shareholders?: AerSale's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (3.23%), FMR LLC (3.10%), Private Capital Management LLC (2.62%), Next Century Growth Investors LLC (0.97%), Geode Capital Management LLC (0.83%) and State Street Corp (0.79%). Insiders that own company stock include Jonathan A Seiffer and Michael Kirton.
View institutional ownership trends.
How do I buy shares of AerSale?: Shares of ASLE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is AerSale's stock price today?: One share of ASLE stock can currently be purchased for approximately $14.45.
How much money does AerSale make?: AerSale (NASDAQ:ASLE) has a market capitalization of $740.13 million and generates $408.54 million in revenue each year. The company earns $43.86 million in net income (profit) each year or $0.47 on an earnings per share basis.
How many employees does AerSale have?: The company employs 509 workers across the globe.
How can I contact AerSale?: The official website for the company is www.aersale.com. The company can be reached via phone at 305-764-3200 or via email at aersaleir@icrinc.com.

This page (NASDAQ:ASLE) was last updated on 6/6/2023 by MarketBeat.com Staff

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