AerSale (ASLE) Stock Price, News & Analysis

Company Overview

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. The company was founded in 2008 and is headquartered in Coral Gables, Florida.

Key Stats

• Today's Range: $6.06 to $6.22
• 50-Day Range: $4.55 to $6.19
• 52-Week Range: $4.53 to $16.69
• Volume: 366,181 shs
• Average Volume: 437,705 shs
• Market Capitalization: $329.37 million
• P/E Ratio: 619.62
• Dividend Yield: N/A
• Price Target: $9.00
• Consensus Rating: Moderate Buy

AerSale Stock Analysis - MarketRank™

AerSale scored higher than 84% of companies evaluated by MarketBeat, and ranked 11th out of 52 stocks in the aerospace sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

AerSale has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

AerSale has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 261.54%

Earnings Growth

Earnings for AerSale are expected to grow by 261.54% in the coming year, from $0.13 to $0.47 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of AerSale is 619.62, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 134.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of AerSale is 619.62, which means that it is trading at a more expensive P/E ratio than the Aerospace sector average P/E ratio of about 35.63.

Price to Book Value per Share Ratio

AerSale has a P/B Ratio of 0.74. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

10.41% 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.

Change versus previous month

Short interest in AerSale has recently decreased by 10.12%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

AerSale does not currently pay a dividend.

Dividend Growth

AerSale does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

10.41% 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.

Change versus previous month

Short interest in AerSale has recently decreased by 10.12%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 1.27

News Sentiment

AerSale has a news sentiment score of 1.27. 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 0.73 average news sentiment score of Aerospace companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for AerSale this week, compared to 2 articles 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 -67% compared to the previous 30 days.

Company Ownership

• Score: 5.0 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, AerSale insiders have bought 2,033.38% more of their company's stock than they have sold. Specifically, they have bought $124,696.00 in company stock and sold $5,845.00 in company stock.

Percentage Held by Insiders

37.30% 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.

ASLE Stock Analysis - Frequently Asked Questions

How have ASLE shares performed this year?

AerSale's stock was trading at $12.70 on January 1st, 2024. Since then, ASLE shares have decreased by 51.3% and is now trading at $6.19.
View the best growth stocks for 2024 here.

How were AerSale's earnings last quarter?

AerSale Co. (NASDAQ:ASLE) issued its quarterly earnings results on Wednesday, August, 7th. The company reported ($0.05) EPS for the quarter, missing analysts' consensus estimates of $0.10 by $0.15. The company's revenue for the quarter was up 11.3% on a year-over-year basis.

Who are AerSale's major shareholders?

AerSale's top institutional shareholders include FMR LLC (3.93%), Janus Henderson Group PLC (2.63%), Hotchkis & Wiley Capital Management LLC (1.89%) and Geode Capital Management LLC (1.43%). Insiders that own company stock include Michael Kirton, Nicolas Finazzo, Claude Robert Kehler, Andrew C Levy, Benjamin Thomas Tschirhart, Judith Ann Fedder and Frederick Craig Wright.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of AerSale own?

Based on aggregate information from My MarketBeat watchlists, some other companies that AerSale investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX) and Home Depot (HD).

Company Calendar

• Last Earnings: 8/07/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/06/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Aerospace
• Industry: Machinery, equipment, & supplies
• Sub-Industry: Wholesale
• Current Symbol: NASDAQ:ASLE
• CUSIP: N/A
• CIK: 1754170
• Web: www.aersale.com
• Phone: 305-764-3200
• Fax: N/A
• Employees: 707
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $9.00
• High Stock Price Target: $11.00
• Low Stock Price Target: $8.00
• Potential Upside/Downside: +45.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.01
• Trailing P/E Ratio: 619.62
• Forward P/E Ratio: 47.62
• P/E Growth: N/A
• Net Income: $-5,560,000.00
• Net Margins: 0.12%
• Pretax Margin: 0.78%
• Return on Equity: -0.24%
• Return on Assets: -0.18%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 7.21
• Quick Ratio: 1.61

Sales & Book Value

• Annual Sales: $344.75 million
• Price / Sales: 0.96
• Cash Flow: $0.07 per share
• Price / Cash Flow: 94.25
• Book Value: $8.40 per share
• Price / Book: 0.74

Miscellaneous

• Outstanding Shares: 53,211,000
• Free Float: 33,363,000
• Market Cap: $329.38 million
• Optionable: Optionable
• Beta: 0.22