AerSale Corp [ASLE] stock prices are up 0.33% to $6.12 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The ASLE shares have lost -0.33% over the last week, with a monthly amount glided 0.16%, and seem to be holding up well over a long-time horizon.
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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.
The stock price of AerSale Corp [ASLE] has been fluctuating between $4.53 and $13.43 over the past year. Currently, Wall Street analysts expect the stock to reach $8 within the next 12 months. AerSale Corp [NASDAQ: ASLE] shares were valued at $6.12 at the most recent close of the market. An investor can expect a potential return of 30.72% based on the average ASLE price forecast.
Analyzing the ASLE fundamentals
The AerSale Corp [NASDAQ:ASLE] reported sales of 344.75M for trailing twelve months, representing a drop of -10.60%. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at 0.01%, 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.05.
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 6.03 points at the first support level, and at 5.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.20, and for the 2nd resistance point, it is at 6.28.
Ratios To Look Out For
It’s worth pointing out that AerSale Corp [NASDAQ:ASLE]’s Current Ratio is 7.21. On the other hand, the Quick Ratio is 1.35, and the Cash Ratio is 0.21. Considering the valuation of this stock, the price to sales ratio is 0.94, the price to book ratio is 0.72.
Transactions by insiders
Recent insider trading involved Finazzo Nicolas, that happened on Sep 13 ’24 when 20000.0 shares were purchased., Wright Frederick Craig completed a deal on Sep 13 ’24 to buy 4000.0 shares. Meanwhile, Finazzo Nicolas bought 3600.0 shares on Sep 04 ’24.
