AerSale Corporation (ASLE)

NASDAQ: ASLE · IEX Real-Time Price · USD
15.81
+0.09 (0.57%)
Nov 25, 2022 1:00 PM EDT - Market closed
0.57%
Market Cap 829.95M
Revenue (ttm) 430.20M
Net Income (ttm) 45.85M
Shares Out 51.73M
EPS (ttm) 0.79
PE Ratio 20.01
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 90,677
Open 15.76
Previous Close 15.72
Day's Range 15.76 - 16.13
52-Week Range 12.78 - 21.76
Beta 0.51
Analysts Buy
Price Target 21.93 (+38.7%)
Earnings Date Nov 8, 2022

About ASLE

AerSale Corporation provides aftermarket commercial aircraft, engines, and its parts to passenger and cargo airlines, leasing companies, original equipment manufacturers, and government and defense contractors, as well as maintenance, repair, and overhaul (MRO) service providers worldwide. It operates in two segments, Asset Management Solutions and Technical Operations (TechOps). The Asset Management Solutions segment engages in the sale and lease of aircraft, engines, and airframes, as well as disassembly of these assets for component parts. T... [Read more]

Industry Airports & Air Services
Founded 2008
Employees 509
Stock Exchange NASDAQ
Ticker Symbol ASLE
Full Company Profile

Financial Performance

In 2021, AerSale's revenue was $340.44 million, an increase of 62.94% compared to the previous year's $208.94 million. Earnings were $36.12 million, an increase of 346.19%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for ASLE stock is "Buy." The 12-month stock price forecast is 21.93, which is an increase of 38.71% from the latest price.

Price Target
$21.93
(38.71% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Why AerSale Stock Is Falling Today

The company's former private equity owner is selling down its stake.

1 week ago - The Motley Fool

AerSale Announces Pricing of Secondary Offering of Common Stock and Concurrent Share Repurchase

CORAL GABLES, Fla.--( BUSINESS WIRE )--AerSale Corporation (“AerSale” or the “Company”) (NASDAQ: ASLE) today announced the pricing of the previously announced underwritten secondary offering (the “Offer...

1 week ago - Business Wire

AerSale Announces Secondary Offering of Common Stock and Concurrent Share Repurchase

CORAL GABLES, Fla.--( BUSINESS WIRE )--AerSale Corporation (“AerSale”) (NASDAQ: ASLE), a leading provider of aviation products and services, today announced that certain of its stockholders, including a...

1 week ago - Business Wire

Is AerSale (ASLE) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

2 weeks ago - Zacks Investment Research

AerSale Corporation (ASLE) Reports Q3 Loss, Misses Revenue Estimates

AerSale Corporation (ASLE) delivered earnings and revenue surprises of -160% and 29.48%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

2 weeks ago - Zacks Investment Research

AerSale Reports Third Quarter 2022 Results

MIAMI--(BUSINESS WIRE)--AerSale Corporation (Nasdaq: ASLE) (the “Company”) today reported results for the third quarter ended September 30, 2022.

2 weeks ago - Business Wire

3 Defense Equipment Stocks to Buy in the Face of a Rising U.S. Dollar

Growing revenue passenger kilometers along with frequent acquisitions are likely to boost aerospace-defense equipment stocks amid inflation and rising dollar risks. You can buy AVAV, KTOS and ASLE.

Other symbols: AVAVKTOS
1 month ago - Zacks Investment Research

Is AerSale (ASLE) Outperforming Other Aerospace Stocks This Year?

Here is how AerSale Corporation (ASLE) and AeroVironment (AVAV) have performed compared to their sector so far this year.

1 month ago - Zacks Investment Research

Has AerSale (ASLE) Outpaced Other Aerospace Stocks This Year?

Here is how AerSale Corporation (ASLE) and AeroVironment (AVAV) have performed compared to their sector so far this year.

1 month ago - Zacks Investment Research

AerSale Announces Pricing of Secondary Offering of Common Stock

CORAL GABLES, Fla.--(BUSINESS WIRE)--AerSale Corporation (“AerSale” or the “Company”) (NASDAQ: ASLE) today announced the pricing of the previously announced underwritten secondary offering by certain of...

3 months ago - Business Wire

AerSale Announces Secondary Offering of Common Stock

CORAL GABLES, Fla.--(BUSINESS WIRE)--AerSale Corporation (“AerSale”) (NASDAQ: ASLE), a leading provider of aviation products and services, today announced that certain of its stockholders, including aff...

3 months ago - Business Wire

ELBIT SYSTEMS REPORTS SECOND QUARTER 2022 RESULTS

Backlog of orders at $14.1 billion; Revenues of $1.3 billion; Non-GAAP net income of $77 million; GAAP net income of $81 million; Non-GAAP net EPS of $1.73; GAAP net EPS of $1.82 HAIFA, Israel , Aug. 16...

Other symbols: ESLT
3 months ago - PRNewsWire

AerSale Reports Second Quarter 2022 Results

MIAMI--(BUSINESS WIRE)--AerSale Corporation (Nasdaq: ASLE) (the “Company”) today reported results for the second quarter ended June 30, 2022. The Company's revenue for the second quarter of 2022 was $13...

3 months ago - Business Wire

AerSale Announces Participation at the Jefferies Industrials Conference

CORAL GABLES, Fla.--(BUSINESS WIRE)--AerSale Corporation (NASDAQ: ASLE) (the “Company”), today announced that the Company's Chief Executive Officer, Nicolas Finazzo, will present at the Jefferies Indust...

3 months ago - Business Wire

AerSale Announces Date for Second Quarter 2022 Earnings Release Conference Call

CORAL GABLES, Fla.--(BUSINESS WIRE)--AerSale Corporation (NASDAQ: ASLE) (the “Company”) announced today that it will release its earnings results for the second quarter ended June 30, 2022, on Monday, A...

4 months ago - Business Wire

Universal Avionics Awarded 33M$ Deal with AerSale to Deliver ClearVision Enhanced Vision Systems for Boeing 737NG

TUCSON, Ariz. , July 18, 2022 /PRNewswire/ -- Universal Avionics (UA) was awarded a contract valued at $33 million to supply ClearVision™ systems –Enhanced Flight Vision Systems (EFVS) from AerSale (NAS...

4 months ago - PRNewsWire

Universal Avionics, an Elbit Systems Subsidiary, Awarded $33 Million Contract to Supply Enhanced Flight Vision System...

HAIFA, Isreal, July 18, 2022 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems") announced today that its subsidiary, Universal Avionics Systems Corporation ("Universal Avio...

Other symbols: ESLT
4 months ago - PRNewsWire

Lieutenant General, USAF (Ret.) and Industry Executive, Judith A.

CORAL GABLES, Fla.--(BUSINESS WIRE)--AerSale Corporation (NASDAQ: ASLE) (“the “Company”) announced today that Judith A. Fedder, Lieutenant General, USAF Retired, has been appointed to the Board of Direc...

4 months ago - Business Wire

Is AerSale (ASLE) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

4 months ago - Zacks Investment Research

AerSale Announces Participation at the Stifel 2022 Cross Sector Insight Conference

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 Stifel 2022 Cro...

6 months ago - Business Wire

AerSale Reports First Quarter 2022 Results

MIAMI--(BUSINESS WIRE)--AerSale Corporation (Nasdaq: ASLE) (the “Company”) today reported results for the first quarter ended March 31, 2022. The Company's revenue for the first quarter of 2022 was $122...

6 months ago - Business Wire

Here's Why AerSale Corporation (ASLE) Is a Great 'Buy the Bottom' Stock Now

After losing some value lately, a hammer chart pattern has been formed for AerSale Corporation (ASLE), indicating that the stock has found support. This, combined with an upward trend in earnings estima...

6 months ago - Zacks Investment Research

AerSale Selects Bauer for Pneumatic Component MRO Expansion in Miami

CORAL GABLES, Fla.--(BUSINESS WIRE)--AerSale Corporation (NASDAQ: ASLE) (the “Company”), a leading independent provider of aviation products and services today announced the further expansion of compone...

7 months ago - Business Wire

AerSale Announces Participation at the Well Fargo 2022 Industrials Conference

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 2022 Wells Farg...

7 months ago - Business Wire