Should I buy or sell AerSale stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AerSale in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ASLE shares. View ASLE analyst ratings or view top-rated stocks .

What is AerSale's stock price target for 2024?

2 brokerages have issued 12 month target prices for AerSale's stock. Their ASLE share price targets range from $15.00 to $21.00. On average, they expect the company's stock price to reach $18.33 in the next year. This suggests a possible upside of 23.0% 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 on January 1st, 2023. Since then, ASLE shares have decreased by 8.1% and is now trading at $14.91. View the best growth stocks for 2023 here .

Are investors shorting AerSale?

AerSale saw a increase in short interest in November. As of November 15th, there was short interest totaling 3,510,000 shares, an increase of 10.7% from the October 31st total of 3,170,000 shares. Based on an average trading volume of 449,300 shares, the days-to-cover ratio is currently 7.8 days. Currently, 15.1% of the company's stock are short sold. 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, March 4th 2024. View our ASLE earnings forecast .

How were AerSale's earnings last quarter?

AerSale Co. (NASDAQ:ASLE) posted its earnings results on Wednesday, November, 8th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.19. The firm earned $92.48 million during the quarter, compared to analysts' expectations of $119.79 million. AerSale had a net margin of 1.90% and a trailing twelve-month return on equity of 0.63%.

Who are AerSale's major shareholders?

AerSale's stock is owned by a variety of retail and institutional investors. Top institutional investors include FMR LLC (7.04%), Ranger Investment Management L.P. (2.82%), Private Capital Management LLC (2.76%), Brandywine Global Investment Management LLC (0.80%), Sprott Inc. (0.63%) and Roubaix Capital LLC (0.62%). Insiders that own company stock include Andrew C Levy, Frederick Craig Wright, Jonathan A Seiffer, Judith Ann Fedder, Michael Kirton and Nicolas Finazzo. 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 .

AerSale (ASLE) Stock Price, News & Analysis

$14.91

-0.04 (-0.27%)

(As of 12/8/2023 08:56 PM ET)

Compare

Today's Range: $14.71
▼
$15.26
50-Day Range: $13.39
▼
$16.24
52-Week Range: $10.39
▼
$20.81

Volume: 357,800 shs
Average Volume: 374,092 shs
Market Capitalization: $765.32 million

P/E Ratio: 165.67
Dividend Yield: N/A
Price Target: $18.33

AerSale MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 23.0% Upside
$18.33 Price Target
Short Interest: Bearish
15.13% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.43
Based on 4 Articles This Week
Insider Trading: Acquiring Shares
$26,620 Bought Last Quarter
Proj. Earnings Growth: 159.38%
From $0.32 to $0.83 Per Share

Overall MarketRank^™

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

2.11 out of 5 stars

Aerospace Sector

7th out of 37 stocks

Machinery, Equipment, & Supplies Industry

5th out of 5 stocks

2.3

Analyst's Opinion

Consensus Rating
AerSale has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $18.33, AerSale has a forecasted upside of 23.0% from its current price of $14.91.
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
15.13% 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 7.8.
Change versus previous month
Short interest in AerSale has recently increased by 10.73%, 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.

2.5

News and Social Media Coverage

News Sentiment
AerSale has a news sentiment score of 0.43. 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 lower news sentiment than the 0.54 average news sentiment score of Aerospace companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for AerSale this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for ASLE on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
4 people have added AerSale to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

5.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, AerSale insiders have bought more of their company's stock than they have sold. Specifically, they have bought $26,620.00 in company stock and sold $0.00 in 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.
Percentage Held by Institutions
69.48% of the stock of AerSale is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for AerSale are expected to grow by 159.38% in the coming year, from $0.32 to $0.83 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AerSale is 165.67, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 114.76.
Price to Earnings Ratio vs. Sector
The P/E ratio of AerSale is 165.67, which means that it is trading at a more expensive P/E ratio than the Aerospace sector average P/E ratio of about 19.70.
Price to Book Value per Share Ratio
AerSale has a P/B Ratio of 1.74. 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 Stock (NASDAQ:ASLE)

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 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. AerSale Corporation was founded in 2008 and is headquartered in Coral Gables, Florida.

ASLE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ASLE Stock News Headlines

December 7, 2023 | msn.com

Why AerSale Stock Is Taking Flight Today

December 7, 2023 | msn.com

Why Aircraft Engineering Company AerSale's Shares Are Seeing Blue Skies Today

December 11, 2023 | Wealthpress (Ad)

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December 6, 2023 | finance.yahoo.com

AerSale® Receives Boeing 737NG Supplemental Type Certificate for its Enhanced Flight Vision System "AerAware™"

December 6, 2023 | finance.yahoo.com

Capital Allocation Trends At AerSale (NASDAQ:ASLE) Aren't Ideal

December 1, 2023 | seekingalpha.com

AerSale: AerAware Is The Reason Why I Bought Back

November 22, 2023 | finance.yahoo.com

AerSale® Announces Retirement of Co-Founder and Vice Chairman Robert Nichols with Continued Board Membership

November 19, 2023 | seekingalpha.com

AerSale Corporation Q3: Latest Earnings Miss Signals Overvaluation

December 11, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

November 11, 2023 | benzinga.com

AerSale Stock (NASDAQ:ASLE), Analyst Ratings, Price Targets, Predictions

November 10, 2023 | finance.yahoo.com

An Intrinsic Calculation For AerSale Corporation (NASDAQ:ASLE) Suggests It's 41% Undervalued

November 10, 2023 | markets.businessinsider.com

Hold Rating for AerSale Corp: Challenges Ahead with Q4 EBITDA Goals and Pending AerAware Certification

November 9, 2023 | finance.yahoo.com

AerSale Corporation (NASDAQ:ASLE) Q3 2023 Earnings Call Transcript

November 9, 2023 | markets.businessinsider.com

AerSale, Topgolf Callaway Brands, Digital Turbine And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

November 8, 2023 | benzinga.com

Recap: AerSale Q3 Earnings

November 8, 2023 | finance.yahoo.com

AerSale Corp (ASLE) Reports Q3 2023 Earnings: Revenue Soars Amidst Market Challenges

November 8, 2023 | finance.yahoo.com

AerSale Reports Third Quarter 2023 Results

October 30, 2023 | finance.yahoo.com

AerSale’s Enhanced Flight Vision System "AerAware™" is First to Achieve 50% Visual Advantage

October 25, 2023 | finance.yahoo.com

AerSale Announces Date for Third Quarter 2023 Earnings Release Conference Call

October 4, 2023 | finance.yahoo.com

AerSale Provides Update on AerAware Certification Status

September 8, 2023 | msn.com

AerSale Corp.: On The Brink Of Explosive, Transformative Growth?

September 4, 2023 | markets.businessinsider.com

Truist Financial Keeps Their Buy Rating on AerSale Corporation (ASLE)

August 30, 2023 | finance.yahoo.com

AerSale Expands and Strengthens Engineered Solutions Leadership Team

August 24, 2023 | theglobeandmail.com

Why AerSale Stock Is Up Big This Week

August 21, 2023 | finance.yahoo.com

AerSale® Successfully Completes Certification Flight Testing for the AerAware™ Enhanced Flight Vision System (EFVS)

August 16, 2023 | finance.yahoo.com

Andrew Levy Bought 163% More Shares In AerSale

August 11, 2023 | msn.com

Why AerSale Stock Is Down Big Today

See More Headlines

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Company Calendar

Last Earnings: 11/08/2023
Today: 12/11/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/04/2024

Get Stock Alerts

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: 606
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $18.33
High Stock Price Target: $21.00
Low Stock Price Target: $15.00
Potential Upside/Downside: +23.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.09
Trailing P/E Ratio: 165.67
Forward P/E Ratio: 46.59
P/E Growth: N/A
Net Income: $43.86 million
Net Margins: 1.90%
Pretax Margin: 1.87%
Return on Equity: 0.63%
Return on Assets: 0.52%

Debt

Debt-to-Equity Ratio: 0.02
Current Ratio: 5.03
Quick Ratio: 1.50

Sales & Book Value

Annual Sales: $335.21 million
Price / Sales: 2.28
Cash Flow: $1.14 per share
Price / Cash Flow: 13.03
Book Value: $8.59 per share
Price / Book: 1.74

Miscellaneous

Outstanding Shares: 51,329,000
Free Float: 25,357,000
Market Cap: $765.32 million
Optionable: Not Optionable
Beta: 0.30

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Key Executives

Mr. Nicolas Finazzo (Age 66)
Chairman, CEO & Division President of TechOps
Comp: $1.35M
Mr. Robert B. Nichols (Age 67)
Executive Vice Chairman & Division President of Asset Management Solutions
Comp: $1.27M
Mr. Gary Edmund Jones (Age 59)
Division President of Airframe & Materials and COO
Comp: $558.46k
Mr. Martin Garmendia (Age 48)
CFO & Treasurer
Mr. Charles P. McDonald (Age 58)
CTO & Divisional President of Heavy MRO Services
Mr. Enrique Pizzi
Chief Information Officer
Mr. James A. Fry (Age 61)
Executive VP, General Counsel & Corporate Secretary
Christine Padron
Vice President of Global Trade and Compliance
Jacqueline Carlon
Executive Officer & VP of Marketing and Communications
Ms. Vanessa Russi-Machado
Senior Vice President of Human Resources

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ASLE Stock Analysis - Frequently Asked Questions

Should I buy or sell AerSale stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AerSale in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ASLE shares.
View ASLE analyst ratings or view top-rated stocks.
What is AerSale's stock price target for 2024?: 2 brokerages have issued 12 month target prices for AerSale's stock. Their ASLE share price targets range from $15.00 to $21.00. On average, they expect the company's stock price to reach $18.33 in the next year. This suggests a possible upside of 23.0% 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 on January 1st, 2023. Since then, ASLE shares have decreased by 8.1% and is now trading at $14.91.
View the best growth stocks for 2023 here.
Are investors shorting AerSale?: AerSale saw a increase in short interest in November. As of November 15th, there was short interest totaling 3,510,000 shares, an increase of 10.7% from the October 31st total of 3,170,000 shares. Based on an average trading volume of 449,300 shares, the days-to-cover ratio is currently 7.8 days. Currently, 15.1% of the company's stock are short sold.
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, March 4th 2024.
View our ASLE earnings forecast.
How were AerSale's earnings last quarter?: AerSale Co. (NASDAQ:ASLE) posted its earnings results on Wednesday, November, 8th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.19. The firm earned $92.48 million during the quarter, compared to analysts' expectations of $119.79 million. AerSale had a net margin of 1.90% and a trailing twelve-month return on equity of 0.63%.
Who are AerSale's major shareholders?: AerSale's stock is owned by a variety of retail and institutional investors. Top institutional investors include FMR LLC (7.04%), Ranger Investment Management L.P. (2.82%), Private Capital Management LLC (2.76%), Brandywine Global Investment Management LLC (0.80%), Sprott Inc. (0.63%) and Roubaix Capital LLC (0.62%). Insiders that own company stock include Andrew C Levy, Frederick Craig Wright, Jonathan A Seiffer, Judith Ann Fedder, Michael Kirton and Nicolas Finazzo.
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.

This page (NASDAQ:ASLE) was last updated on 12/11/2023 by MarketBeat.com Staff

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