A share price of AerSale Corp [ASLE] is currently trading at $8.24, up 16.55%. An important factor to consider is whether the stock is rising or falling in short-term value. The ASLE shares have gain 17.71% over the last week, with a monthly amount glided 19.94%, and seem to be holding up well over a long-time horizon.
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 experienced fluctuations in its stock price throughout the past year between $4.53 and $9.49. Currently, Wall Street analysts expect the stock to reach $13.5 within the next 12 months. AerSale Corp [NASDAQ: ASLE] shares were valued at $8.24 at the most recent close of the market. An investor can expect a potential return of 63.83% based on the average ASLE price forecast.
Analyzing the ASLE fundamentals
Trailing Twelve Months sales for AerSale Corp [NASDAQ:ASLE] were 345.07M which represents 0.34% growth. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.02 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.08.
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 7.52 points at the first support level, and at 6.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.76, and for the 2nd resistance point, it is at 9.27.
Ratios To Look Out For
To put it in perspective, the Current Ratio for AerSale Corp [NASDAQ:ASLE] is 3.79. On the other hand, the Quick Ratio is 0.70, and the Cash Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 1.27, the price to book ratio is 0.96 and price to earnings (TTM) ratio is 75.18.
Transactions by insiders
Recent insider trading involved Pizzi Enrique, Chief Information Officer, that happened on Jan 08 ’25 when 2401.0 shares were sold., Finazzo Nicolas completed a deal on Sep 13 ’24 to buy 20000.0 shares. Meanwhile, Wright Frederick Craig bought 4000.0 shares on Sep 13 ’24.
