Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
The price of AerSale Corp (NASDAQ: ASLE) closed at $7.70 in the last session, up 2.80% from day before closing price of $7.49. In other words, the price has increased by $2.80 from its previous closing price. On the day, 0.54 million shares were traded. ASLE stock price reached its highest trading level at $7.7 during the session, while it also had its lowest trading level at $7.26.
Ratios:
We take a closer look at ASLE’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 3.79. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.16.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, RBC Capital Mkts on August 09, 2023, Downgraded its rating to Sector Perform and sets its target price to $15 from $20 previously.
On December 02, 2022, Truist started tracking the stock assigning a Buy rating and target price of $19.
On November 30, 2022, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $21.RBC Capital Mkts initiated its Outperform rating on November 30, 2022, with a $21 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jan 08 ’25 when Pizzi Enrique sold 2,401 shares for $6.01 per share. The transaction valued at 14,435 led to the insider holds 70,948 shares of the business.
Finazzo Nicolas bought 20,000 shares of ASLE for $107,122 on Sep 13 ’24. The insider now owns 37,000 shares after completing the transaction at $5.36 per share. On Sep 13 ’24, another insider, Wright Frederick Craig, who serves as the insider of the company, bought 4,000 shares for $5.25 each. As a result, the insider paid 20,997 and bolstered with 195,558 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASLE now has a Market Capitalization of 410243680 and an Enterprise Value of 476624448. As of this moment, AerSale’s Price-to-Earnings (P/E) ratio for their current fiscal year is 70.45, and their Forward P/E ratio for the next fiscal year is 12.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.19 while its Price-to-Book (P/B) ratio in mrq is 0.90. Its current Enterprise Value per Revenue stands at 1.381 whereas that against EBITDA is 18.48.
Stock Price History:
The Beta on a monthly basis for ASLE is 0.27, which has changed by 0.06206894 over the last 52 weeks, in comparison to a change of 0.08089435 over the same period for the S&P500. Over the past 52 weeks, ASLE has reached a high of $9.40, while it has fallen to a 52-week low of $4.53. The 50-Day Moving Average of the stock is 4.76%, while the 200-Day Moving Average is calculated to be 23.51%.
Shares Statistics:
According to the various share statistics, ASLE traded on average about 436.32K shares per day over the past 3-months and 977740 shares per day over the past 10 days. A total of 53.25M shares are outstanding, with a floating share count of 35.44M. Insiders hold about 33.40% of the company’s shares, while institutions hold 45.94% stake in the company. Shares short for ASLE as of 1741910400 were 1743318 with a Short Ratio of 4.00, compared to 1739491200 on 2020957. Therefore, it implies a Short% of Shares Outstanding of 1743318 and a Short% of Float of 5.1999997.
