AerSale Corp (NASDAQ: ASLE) is 30.32% higher on its value in year-to-date trading and has touched a low of $4.53 and a high of $9.40 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ASLE stock was last observed hovering at around $8.15 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $8.21, the stock is 9.56% and 16.87% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.92 million and changing 0.74% at the moment leaves the stock 32.62% off its SMA200. ASLE registered 9.03% gain for a year compared to 6-month gain of 59.11%. The firm has a 50-day simple moving average (SMA 50) of $7.0248 and a 200-day simple moving average (SMA200) of $6.190725.
The stock witnessed a 17.79% loss in the last 1 month and extending the period to 3 months gives it a 33.50%, and is 0.49% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.37% over the week and 4.35% over the month.
AerSale Corp (ASLE) has around 636 employees, a market worth around $436.83M and $345.07M in sales. Current P/E ratio is 75.11 and Fwd P/E is 13.80. Profit margin for the company is 1.70%. Distance from 52-week low is 81.24% and -12.66% from its 52-week high. The company has generated returns on investments over the last 12 months (1.11%).
with sales reaching $89.28M over the same period.The EPS is expected to grow by 155.56% this year, but quarterly earnings will post 12.22% year-over-year. Quarterly sales are estimated to shrink -1.39% in year-over-year returns.
165.0 institutions hold shares in AerSale Corp (ASLE), with institutional investors hold 83.01% of the company’s shares. The shares outstanding are 53.25M, and float is at 29.01M with Short Float at 6.99%. Institutions hold 65.10% of the Float.
The top institutional shareholder in the company is LEONARD GREEN & PARTNERS, L.P. with over 9.57 million shares valued at $$66.22 million. The investor’s holdings represent 18.0463 of the ASLE Shares outstanding. As of 2024-06-30, the second largest holder is JANUS HENDERSON GROUP PLC with 2.67 million shares valued at $$18.5 million to account for 5.0407 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 2.34 million shares representing 4.4209 and valued at over $$16.21 million, while ALTRAVUE CAPITAL, LLC holds 4.2743 of the shares totaling 2.27 million with a market value of $$15.69 million.
AerSale Corp (ASLE) Insider Activity
The most recent transaction is an insider sale by Pizzi Enrique, the company’s Chief Information Officer. SEC filings show that Pizzi Enrique sold 2,401 shares of the company’s common stock on Jan 08 ’25 at a price of $6.01 per share for a total of $14435.0. Following the sale, the insider now owns 70948.0 shares.
AerSale Corp disclosed in a document filed with the SEC on Sep 13 ’24 that Finazzo Nicolas bought a total of 20,000 shares of the company’s common stock. The trade occurred on Sep 13 ’24 and was made at $5.36 per share for $0.11 million. Following the transaction, the insider now directly holds 37000.0 shares of the ASLE stock.
Still, SEC filings show that on Sep 13 ’24, Wright Frederick Craig acquired 4,000 shares at an average price of $5.25 for $20997.0. The insider now directly holds 195,558 shares of AerSale Corp (ASLE).
