AerSale Corp [ASLE] stock is trading at $8.25, up 9.27%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ASLE shares have gain 13.32% over the last week, with a monthly amount glided 20.97%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
AerSale Corp [NASDAQ: ASLE] stock has seen the most recent analyst activity on August 09, 2023, when RBC Capital Mkts downgraded its rating to a Sector Perform and also revised its price target to $15 from $20. Previously, Truist started tracking the stock with Buy rating on December 02, 2022, and set its price target to $19. On November 30, 2022, RBC Capital Mkts initiated with a Outperform rating and assigned a price target of $21 on the stock. Stifel started tracking the stock assigning a Buy rating and suggested a price target of $23 on September 01, 2022. Cowen initiated its recommendation with a Market Perform and recommended $16 as its price target on January 07, 2021.
AerSale Corp [ASLE] stock has fluctuated between $6.26 and $16.98 over the past year. Currently, Wall Street analysts expect the stock to reach $20 within the next 12 months. AerSale Corp [NASDAQ: ASLE] shares were valued at $8.25 at the most recent close of the market. An investor can expect a potential return of 142.42% based on the average ASLE price forecast.
Analyzing the ASLE fundamentals
AerSale Corp [NASDAQ:ASLE] reported sales of 346.77M for the trailing twelve months, which represents a growth of 15.68%. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.0 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 7.73 points at the first support level, and at 7.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.09, and for the 2nd resistance point, it is at 9.92.
AerSale Corp [ASLE] reported earnings per share of -$0.02 for its fiscal quarter that ended on 12/31/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.45/share, meaning a difference of -$0.47 and a surprise factor of -104.40%. By comparison, the stated earnings for the previous quarter ended on 9/30/2023 were $0.03 per share as compared to estimates of $0.21 per share, a difference of -$0.18 representing a surprise of -85.70%.
Ratios To Look Out For
For context, AerSale Corp’s Current Ratio is 7.17. Also, the Quick Ratio is 1.17, while the Cash Ratio stands at 0.07. Considering the valuation of this stock, the price to sales ratio is 1.26, the price to book ratio is 0.97.
Transactions by insiders
Recent insider trading involved Finazzo Nicolas, that happened on Mar 15 ’24 when 35277.0 shares were purchased. Director, Nichols Robert B. completed a deal on Mar 15 ’24 to buy 5500.0 shares. Meanwhile, Director Fedder Judith Ann bought 2800.0 shares on Mar 14 ’24.
