and a 36-month beta value of 0.38. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
The average price predicted for AerSale Corporation (ASLE) by analysts is $18.00, which is $2.54 above the current market price. The public float for ASLE is 26.62M, and at present, short sellers hold a 8.83% of that float. On September 15, 2023, the average trading volume of ASLE was 574.07K shares.
ASLE) stock’s latest price update
AerSale Corporation (NASDAQ: ASLE) has seen a decline in its stock price by -1.15 in relation to its previous close of 15.64. However, the company has experienced a -0.77% decline in its stock price over the last five trading sessions. The Motley Fool reported 2023-08-24 that AerSale said this week that it had completed certification flight testing for its AerAware product. AerAware is an enhanced vision system for older model Boeing 737s.
ASLE’s Market Performance
ASLE’s stock has fallen by -0.77% in the past week, with a monthly rise of 34.90% and a quarterly rise of 6.18%. The volatility ratio for the week is 4.00% while the volatility levels for the last 30 days are 4.36% for AerSale Corporation The simple moving average for the past 20 days is 7.46% for ASLE’s stock, with a -3.67% simple moving average for the past 200 days.
Analysts’ Opinion of ASLE
Many brokerage firms have already submitted their reports for ASLE stocks, with RBC Capital Mkts repeating the rating for ASLE by listing it as a “Sector Perform.” The predicted price for ASLE in the upcoming period, according to RBC Capital Mkts is $15 based on the research report published on August 09, 2023 of the current year 2023.
ASLE Trading at 8.97% from the 50-Day Moving Average
After a stumble in the market that brought ASLE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -27.66% of loss for the given period.
Volatility was left at 4.36%, however, over the last 30 days, the volatility rate increased by 4.00%, as shares surge +35.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.88% upper at present.
During the last 5 trading sessions, ASLE fell by -0.77%, which changed the moving average for the period of 200-days by -2.21% in comparison to the 20-day moving average, which settled at $14.59. In addition, AerSale Corporation saw -4.69% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at ASLE starting from Finazzo Nicolas, who purchase 65,965 shares at the price of $12.58 back on Aug 18. After this action, Finazzo Nicolas now owns 4,356,127 shares of AerSale Corporation, valued at $829,712 using the latest closing price.
Fry James, the of AerSale Corporation, purchase 1,750 shares at $12.74 during a trade that took place back on Aug 18, which means that Fry James is holding 12,153 shares at $22,295 based on the most recent closing price.
Stock Fundamentals for ASLE
Current profitability levels for the company are sitting at:
- +13.47 for the present operating margin
- +37.06 for the gross margin
The net margin for AerSale Corporation stands at +10.74. The total capital return value is set at 12.42, while invested capital returns managed to touch 9.94. Equity return is now at value -0.60, with -0.50 for asset returns.
Based on AerSale Corporation (ASLE), the company’s capital structure generated 7.35 points at debt to equity in total, while total debt to capital is 6.85. Total debt to assets is 6.15, with long-term debt to equity ratio resting at 6.36. Finally, the long-term debt to capital ratio is 5.92.
When we switch over and look at the enterprise to sales, we see a ratio of 2.34, with the company’s debt to enterprise value settled at 0.04. The receivables turnover for the company is 11.53 and the total asset turnover is 0.80. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.31.
To sum up, AerSale Corporation (ASLE) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.