Adversity is less terrifying than hope: AerSale Corp (ASLE)

With 0.44 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.7 million shares. During the session, the Airports & Air Services company that operates in wider Industrials sector, reached to the highest price of $7.44 whereas the lowest price it dropped to was $7.17. The 52-week range on ASLE shows that it touched its highest point at $17.92 and its lowest point at $6.59 during that stretch. It currently has a 1-year price target of $10.50. Beta for the stock currently stands at 0.24.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ASLE was down-trending over the past week, with a drop of -0.27%, but this was down by -16.74% over a month. Three-month performance dropped to -42.72% while six-month performance fell -51.90%. The stock lost -56.45% in the past year, while it has lost -42.02% so far this year. A look at the trailing 12-month EPS for ASLE yields -0.16 with Next year EPS estimates of 0.85. For the next quarter, that number is 0.06. This implies an EPS growth rate of 2212.50% for this year and 84.50% for next year.

Float and Shares Shorts:

At present, 52.95 million ASLE shares are outstanding with a float of 29.25 million shares on hand for trading. On Mar 15, 2024, short shares totaled 5.0 million, which was 9.61% higher than short shares on Feb 15, 2024. In addition to ALLE as the firm’s Allegion plc, APLE serves as its Apple Hospitality REIT, Inc.

Institutional Ownership:

Through their ownership of 78.08% of ASLE’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ASLE since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, ASLE has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and ASLE currently yields $0.00. In the past year, ASLE’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, ASLE has a current buyback yield of $0.00. This was $0.00 for the TTM, and it was $– for the past five years.