ASLE has 36-month beta value of 0.23. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for ASLE is 29.01M, and currently, short sellers hold a 12.18% ratio of that float. The average trading volume of ASLE on October 18, 2024 was 385.61K shares.
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ASLE) stock’s latest price update
AerSale Corp (NASDAQ: ASLE)’s stock price has increased by 6.63 compared to its previous closing price of 4.98. However, the company has seen a 16.70% increase in its stock price over the last five trading sessions. businesswire.com reported 2024-08-28 that CORAL GABLES, Fla.–(BUSINESS WIRE)–AerSale Corporation (NASDAQ: ASLE) (the “Company”), today announced that the Company’s Chief Financial Officer, Martin Garmendia, will present at the Jefferies Industrials Conference on Thursday, September 5, 2024 at 1:55 pm ET, as well as host investor meetings on both days of the conference. The presentation will be webcast live and can be accessed through the link HERE or by going to the News and Events section of AerSale’s Investor Relations website at h.
ASLE’s Market Performance
AerSale Corp (ASLE) has experienced a 16.70% rise in stock performance for the past week, with a 4.73% rise in the past month, and a -25.21% drop in the past quarter. The volatility ratio for the week is 5.73%, and the volatility levels for the past 30 days are at 4.40% for ASLE. The simple moving average for the last 20 days is 6.72% for ASLE stock, with a simple moving average of -25.97% for the last 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 previous year 2023.
Truist, on the other hand, stated in their research note that they expect to see ASLE reach a price target of $19. The rating they have provided for ASLE stocks is “Buy” according to the report published on December 02nd, 2022.
RBC Capital Mkts gave a rating of “Outperform” to ASLE, setting the target price at $21 in the report published on November 30th of the previous year.
ASLE Trading at 5.07% 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 -68.18% of loss for the given period.
Volatility was left at 4.40%, however, over the last 30 days, the volatility rate increased by 5.73%, as shares sank -2.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.50% lower at present.
During the last 5 trading sessions, ASLE rose by +16.70%, which changed the moving average for the period of 200-days by -57.42% in comparison to the 20-day moving average, which settled at $4.98. In addition, AerSale Corp saw -58.17% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ASLE starting from Finazzo Nicolas, who purchase 20,000 shares at the price of $5.36 back on Sep 13 ’24. After this action, Finazzo Nicolas now owns 37,000 shares of AerSale Corp, valued at $107,122 using the latest closing price.
Wright Frederick Craig, the of AerSale Corp, purchase 4,000 shares at $5.25 during a trade that took place back on Sep 13 ’24, which means that Wright Frederick Craig is holding 195,558 shares at $20,997 based on the most recent closing price.
Stock Fundamentals for ASLE
Current profitability levels for the company are sitting at:
- -0.0 for the present operating margin
- 0.28 for the gross margin
The net margin for AerSale Corp stands at -0.0. The total capital return value is set at -0.0. Equity return is now at value -0.05, with -0.04 for asset returns.
Based on AerSale Corp (ASLE), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at -0.95. The debt to equity ratio resting at 0.19. The interest coverage ratio of the stock is 0.1.
Currently, EBITDA for the company is 48000.0 with net debt to EBITDA at 8.77. When we switch over and look at the enterprise to sales, we see a ratio of 1.09. The receivables turnover for the company is 9.1for trailing twelve months and the total asset turnover is 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.88.
Conclusion
To put it simply, AerSale Corp (ASLE) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
