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Industrials - Airlines, Airports & Air Services - NASDAQ - US
$ 6.06
2.54 %
$ 322 M
Market Cap
-303.0
P/E
1. INTRINSIC VALUE

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. The TechOps segment provides internal and third-party aviation services, including internally developed engineered solutions, heavy aircraft maintenance and modification, and component MRO, as well as end-of-life disassembly services.[ Read More ]

The intrinsic value of one ASLE stock under the base case scenario is HIDDEN Compared to the current market price of 6.06 USD, AerSale Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart ASLE

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FINANCIALS
335 M REVENUE
-18.12%
-10.8 M OPERATING INCOME
-19.57%
-5.56 M NET INCOME
-12.68%
-174 M OPERATING CASH FLOW
-154015.04%
3.09 M INVESTING CASH FLOW
-92.53%
29.7 M FINANCING CASH FLOW
222.62%
82.7 M REVENUE
7.24%
2 M OPERATING INCOME
207.78%
509 K NET INCOME
114.00%
10.4 M OPERATING CASH FLOW
168.15%
-2.46 M INVESTING CASH FLOW
73.38%
-2.49 M FINANCING CASH FLOW
-9.50%
Balance Sheet Decomposition AerSale Corporation
image
Current Assets 265 M
Cash & Short-Term Investments 5.87 M
Receivables 32.9 M
Other Current Assets 226 M
Non-Current Assets 289 M
Long-Term Investments 0
PP&E 81.7 M
Other Non-Current Assets 207 M
Current Liabilities 45.7 M
Accounts Payable 29.9 M
Short-Term Debt 10.5 M
Other Current Liabilities 5.35 M
Non-Current Liabilities 63.2 M
Long-Term Debt 60.7 M
Other Non-Current Liabilities 2.55 M
EFFICIENCY
Earnings Waterfall AerSale Corporation
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Revenue 335 M
Cost Of Revenue 242 M
Gross Profit 92.4 M
Operating Expenses 103 M
Operating Income -10.8 M
Other Expenses -5.21 M
Net Income -5.56 M
RATIOS
27.63% GROSS MARGIN
27.63%
-3.22% OPERATING MARGIN
-3.22%
-1.66% NET MARGIN
-1.66%
-1.25% ROE
-1.25%
-1.00% ROA
-1.00%
-1.60% ROIC
-1.60%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis AerSale Corporation
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Net Income -5.56 M
Depreciation & Amortization 10.8 M
Capital Expenditures -11.4 M
Stock-Based Compensation 12.1 M
Change in Working Capital -190 M
Others -26.1 M
Free Cash Flow -186 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets AerSale Corporation
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Wall Street analysts predict an average 1-year price target for ASLE of $14 , with forecasts ranging from a low of $8 to a high of $21 .
ASLE Lowest Price Target Wall Street Target
8 USD 32.01%
ASLE Average Price Target Wall Street Target
14 USD 131.02%
ASLE Highest Price Target Wall Street Target
21 USD 246.53%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership AerSale Corporation
image
Sold
0-3 MONTHS
5.84 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
150 M USD 3
Bought
167 K USD 2
0-3 MONTHS
64.7 K USD 3
3-6 MONTHS
655 K USD 5
6-9 MONTHS
26.6 K USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
2 months ago
Sep 13, 2024
Bought 21 K USD
Wright Frederick Craig
See Remarks
+ 4000
5.2493 USD
2 months ago
Sep 13, 2024
Bought 107 K USD
Finazzo Nicolas
See Remarks
+ 20000
5.3561 USD
2 months ago
Sep 13, 2024
Bought 21 K USD
Wright Frederick Craig
See Remarks
+ 4000
5.2493 USD
2 months ago
Sep 04, 2024
Bought 17.5 K USD
Finazzo Nicolas
See Remarks
+ 3600
4.855 USD
2 months ago
Aug 30, 2024
Sell 5.84 K USD
Tschirhart Benjamin Thomas
See Remarks
- 1135
5.1486 USD
3 months ago
Aug 13, 2024
Bought 9.63 K USD
Fedder Judith Ann
Director
+ 1900
5.0684 USD
5 months ago
Jun 14, 2024
Bought 20.5 K USD
Finazzo Nicolas
See Remarks
+ 3000
6.83 USD
5 months ago
May 21, 2024
Bought 15.2 K USD
KEHLER CLAUDE ROBERT
Director
+ 2000
7.61 USD
5 months ago
May 20, 2024
Bought 19.3 K USD
Fedder Judith Ann
Director
+ 2500
7.7398 USD
8 months ago
Mar 15, 2024
Bought 265 K USD
Finazzo Nicolas
See Remarks
+ 35277
7.5222 USD
8 months ago
Mar 15, 2024
Bought 40.2 K USD
Nichols Robert B.
Director
+ 5500
7.31 USD
8 months ago
Mar 13, 2024
Bought 20.7 K USD
Nichols Robert B.
Director
+ 3000
6.91 USD
8 months ago
Mar 14, 2024
Bought 20.6 K USD
Fedder Judith Ann
Director
+ 2800
7.35 USD
8 months ago
Mar 12, 2024
Bought 26.6 K USD
Garmendia Martin
See Remarks
+ 4000
6.65 USD
8 months ago
Mar 12, 2024
Bought 35.6 K USD
Wright Frederick Craig
See Remarks
+ 5000
7.13 USD
8 months ago
Mar 13, 2024
Bought 5.4 K USD
Finazzo Nicolas
See Remarks
+ 800
6.75 USD
8 months ago
Mar 12, 2024
Bought 174 K USD
Finazzo Nicolas
See Remarks
+ 25000
6.9711 USD
8 months ago
Mar 12, 2024
Bought 66.5 K USD
Finazzo Nicolas
See Remarks
+ 10000
6.6542 USD
11 months ago
Dec 15, 2023
Sell 50 M USD
SEIFFER JONATHAN A
director, 10 percent owner:
- 4000000
12.5 USD
11 months ago
Dec 15, 2023
Sell 50 M USD
Kirton Michael
director, 10 percent owner:
- 4000000
12.5 USD
11 months ago
Dec 15, 2023
Sell 36.8 M USD
Green Equity Investors CF, L.P.
director, 10 percent owner:
- 2947446
12.5 USD
11 months ago
Dec 15, 2023
Sell 13.1 M USD
Green Equity Investors CF, L.P.
director, 10 percent owner:
- 1051972
12.5 USD
11 months ago
Dec 15, 2023
Sell 7.28 K USD
Green Equity Investors CF, L.P.
director, 10 percent owner:
- 582
12.5 USD
1 year ago
Nov 13, 2023
Bought 26.6 K USD
Wright Frederick Craig
See Remarks
+ 2000
13.3076 USD
1 year ago
Aug 18, 2023
Bought 703 K USD
Finazzo Nicolas
See Remarks
+ 55965
12.556 USD
1 year ago
Aug 18, 2023
Bought 127 K USD
Finazzo Nicolas
See Remarks
+ 10000
12.7015 USD
1 year ago
Aug 18, 2023
Bought 22.3 K USD
Fry James
See Remarks
+ 1750
12.74 USD
1 year ago
Aug 17, 2023
Bought 29.6 K USD
Wright Frederick Craig
See Remarks
+ 2500
11.82 USD
1 year ago
Aug 17, 2023
Bought 28.8 K USD
Barimo Basil
See Remarks
+ 2500
11.51 USD
1 year ago
Aug 17, 2023
Bought 425 K USD
Finazzo Nicolas
See Remarks
+ 36259
11.7143 USD
1 year ago
Aug 16, 2023
Bought 485 K USD
Finazzo Nicolas
See Remarks
+ 41820
11.5924 USD
1 year ago
Aug 15, 2023
Bought 359 K USD
Finazzo Nicolas
See Remarks
+ 31237
11.4768 USD
1 year ago
Aug 16, 2023
Bought 80.8 K USD
Finazzo Nicolas
See Remarks
+ 7000
11.538 USD
1 year ago
Aug 17, 2023
Bought 23 K USD
Garmendia Martin
See Remarks
+ 2000
11.505 USD
1 year ago
Aug 11, 2023
Bought 19.5 K USD
Fedder Judith Ann
Director
+ 1800
10.83 USD
1 year ago
Aug 14, 2023
Bought 44.3 K USD
Levy Andrew C
Director
+ 4000
11.08 USD
1 year ago
Aug 11, 2023
Bought 109 K USD
Levy Andrew C
Director
+ 10000
10.88 USD
1 year ago
Jun 02, 2023
Sell 60 M USD
Kirton Michael
director, 10 percent owner:
- 4000000
15 USD
1 year ago
Jun 02, 2023
Sell 60 M USD
SEIFFER JONATHAN A
director, 10 percent owner:
- 4000000
15 USD
1 year ago
Jun 02, 2023
Sell 44.2 M USD
Green Equity Investors CF, L.P.
director, 10 percent owner:
- 2947446
15 USD
1 year ago
Jun 02, 2023
Sell 15.8 M USD
Green Equity Investors CF, L.P.
director, 10 percent owner:
- 1051972
15 USD
1 year ago
Jun 02, 2023
Sell 8.73 K USD
Green Equity Investors CF, L.P.
director, 10 percent owner:
- 582
15 USD
1 year ago
Dec 14, 2022
Sell 1.12 M USD
SEIFFER JONATHAN A
Director
- 112100
10 USD
1 year ago
Dec 14, 2022
Sell 1.12 M USD
Kirton Michael
Director
- 112100
10 USD
1 year ago
Dec 14, 2022
Sell 826 K USD
Green Equity Investors CF, L.P.
Director
- 82602
10 USD
1 year ago
Dec 14, 2022
Sell 295 K USD
Green Equity Investors CF, L.P.
Director
- 29482
10 USD
1 year ago
Dec 14, 2022
Sell 160 USD
Green Equity Investors CF, L.P.
Director
- 16
10 USD
2 years ago
Nov 18, 2022
Sell 65.9 M USD
SEIFFER JONATHAN A
director, 10 percent owner:
- 4452249
14.8025 USD
2 years ago
Nov 18, 2022
Sell 65.9 M USD
Kirton Michael
director, 10 percent owner:
- 4452249
14.8025 USD
2 years ago
Nov 18, 2022
Sell 48.6 M USD
Green Equity Investors CF, L.P.
director, 10 percent owner:
- 3280690
14.8025 USD
2 years ago
Nov 18, 2022
Sell 17.3 M USD
Green Equity Investors CF, L.P.
director, 10 percent owner:
- 1170910
14.8025 USD
2 years ago
Nov 18, 2022
Sell 9.61 K USD
Green Equity Investors CF, L.P.
director, 10 percent owner:
- 649
14.8025 USD
2 years ago
Aug 19, 2022
Sell 71.3 M USD
Kirton Michael
director, 10 percent owner:
- 4398750
16.215 USD
2 years ago
Aug 19, 2022
Sell 71.3 M USD
SEIFFER JONATHAN A
director, 10 percent owner:
- 4398750
16.215 USD
2 years ago
Aug 19, 2022
Sell 52.6 M USD
Green Equity Investors CF, L.P.
director, 10 percent owner:
- 3241269
16.215 USD
2 years ago
Aug 19, 2022
Sell 18.8 M USD
Green Equity Investors CF, L.P.
director, 10 percent owner:
- 1156840
16.215 USD
2 years ago
Aug 19, 2022
Sell 10.4 K USD
Green Equity Investors CF, L.P.
director, 10 percent owner:
- 641
16.215 USD
3 years ago
Jun 11, 2021
Bought 48.5 K USD
Finazzo Nicholas
CEO & Division Pres., TechOps.
+ 4214
11.5 USD
3 years ago
Jun 10, 2021
Bought 79.2 K USD
Finazzo Nicholas
CEO & Division Pres., TechOps.
+ 6890
11.5 USD
3 years ago
Jun 09, 2021
Bought 49.5 K USD
Finazzo Nicholas
CEO & Division Pres., TechOps.
+ 4302
11.5 USD
3 years ago
Jun 08, 2021
Bought 131 K USD
Finazzo Nicholas
CEO & Division Pres., TechOps.
+ 11377
11.5 USD
3 years ago
Jun 07, 2021
Bought 131 K USD
Finazzo Nicholas
CEO & Division Pres., TechOps.
+ 11377
11.5 USD
3 years ago
Jun 04, 2021
Bought 32.5 K USD
Finazzo Nicholas
CEO & Division Pres., TechOps.
+ 2822
11.5 USD
3 years ago
Jun 03, 2021
Bought 4.6 K USD
Finazzo Nicholas
CEO & Division Pres., TechOps.
+ 400
11.5 USD
3 years ago
Jun 02, 2021
Bought 9.2 K USD
Finazzo Nicholas
CEO & Division Pres., TechOps.
+ 800
11.5 USD
3 years ago
Jun 01, 2021
Bought 61.4 K USD
Finazzo Nicholas
CEO & Division Pres., TechOps.
+ 5338
11.5 USD
3 years ago
May 28, 2021
Bought 69 USD
Finazzo Nicholas
CEO & Division Pres., TechOps.
+ 6
11.5 USD
3 years ago
May 26, 2021
Bought 862 USD
Finazzo Nicholas
CEO & Division Pres., TechOps.
+ 75
11.5 USD
3 years ago
May 25, 2021
Bought 72.6 K USD
Finazzo Nicholas
CEO & Division Pres., TechOps.
+ 6317
11.5 USD
3 years ago
May 20, 2021
Bought 56.4 K USD
Finazzo Nicholas
CEO & Division Pres., TechOps.
+ 4900
11.5 USD
3 years ago
May 24, 2021
Bought 12.7 K USD
Finazzo Nicholas
CEO & Division Pres., TechOps.
+ 1102
11.5 USD
3 years ago
May 19, 2021
Bought 54 K USD
Finazzo Nicholas
CEO & Division Pres., TechOps.
+ 4700
11.5 USD
3 years ago
May 17, 2021
Bought 13.8 K USD
Finazzo Nicholas
CEO & Division Pres., TechOps.
+ 1200
11.5 USD
3 years ago
May 18, 2021
Bought 8.05 K USD
Finazzo Nicholas
CEO & Division Pres., TechOps.
+ 700
11.5 USD
3 years ago
May 14, 2021
Bought 349 K USD
Finazzo Nicholas
CEO & Division Pres., TechOps.
+ 30325
11.5 USD
3 years ago
May 13, 2021
Bought 75 K USD
Finazzo Nicholas
CEO & Division Pres., TechOps.
+ 6518
11.5 USD
4 years ago
Oct 23, 2020
Sell 590 USD
GLAZER CAPITAL, LLC
10 percent owner
- 57
10.35 USD
5 years ago
Feb 11, 2019
Bought 5.91 M USD
DEVABHAKTUNI SAI S
director, 10 percent owner:
+ 591334
10 USD
5 years ago
Feb 11, 2019
Bought 6.8 M USD
DEVABHAKTUNI SAI S
director, 10 percent owner:
+ 591334
11.5 USD
5 years ago
Feb 11, 2019
Bought 5.91 M USD
MONOCLE PARTNERS, LLC
10 percent owner
+ 591334
10 USD
5 years ago
Feb 11, 2019
Bought 6.8 M USD
MONOCLE PARTNERS, LLC
10 percent owner
+ 591334
11.5 USD
5 years ago
Feb 11, 2019
Bought 5.91 M USD
ZAHLER ERIC J
President and CEO
+ 591334
10 USD
5 years ago
Feb 11, 2019
Bought 6.8 M USD
ZAHLER ERIC J
President and CEO
+ 591334
11.5 USD
5 years ago
Feb 11, 2019
Bought 5.91 M USD
TOWNSEND RICHARD J
EVP and CFO
+ 591334
10 USD
5 years ago
Feb 11, 2019
Bought 6.8 M USD
TOWNSEND RICHARD J
EVP and CFO
+ 591334
11.5 USD
7. News
AerSale: Increasing The Price Target Despite AerAware Challenges Q3 sales fell 10.6%, but margins improved. MRO capacity expansion expected to bolster EBITDA by $50 million annually. There are AerAware commercialization struggles, but AerSale is focused on MRO growth and disciplined asset acquisition with AerSafe sales prospects due to 2026 regulatory compliance. Increased price target to $8.17 driven by $70 million insurance claims, despite reduced EBITDA and free cash flow estimates for 2025 and 2026. seekingalpha.com - 4 days ago
AerSale Corporation (ASLE) Q3 2024 Earnings Call Transcript AerSale Corporation (NASDAQ:ASLE ) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Christine Padron - Vice President of Compliance. Nicolas Finazzo - Chairman and Chief Executive Officer Martin Garmendia - Chief Financial Officer Conference Call Participants Gautam Khanna - TD Cowen Ken Herbert - RBC Capital Markets Sam Struhsaker - Truist Securities Operator Good day, everyone, and welcome to today's AerSale Inc. Third Quarter 2024 Earnings Conference. seekingalpha.com - 1 week ago
AerSale Corporation (ASLE) Q3 Earnings and Revenues Lag Estimates AerSale Corporation (ASLE) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.03 per share a year ago. zacks.com - 1 week ago
AerSale Corporation (ASLE) Earnings Expected to Grow: Should You Buy? AerSale (ASLE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 2 weeks ago
New Strong Sell Stocks for October 31st AOS, ASLE and AMKR have been added to the Zacks Rank #5 (Strong Sell) List on October 31, 2024. zacks.com - 2 weeks ago
AerSale Announces Date for Third Quarter 2024 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 third quarter ended September 30, 2024, on Thursday, November 7, 2024, after the market closes. The Company will host a conference call on the same day at 4:30 pm Eastern Time to discuss the results. Participants may access the call at 1-800-225-9448, international callers may use 1-203-518-9708, and request to join the AerSale Corporation ear. businesswire.com - 3 weeks ago
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 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. businesswire.com - 2 months ago
Why I'm Trimming My AerSale Stock Price Target By More Than 30% AerSale saw improvement in Q2 with revenue and profit growth, driven by asset management solutions and the TechOps segment. Margins contracted due to lower heavy MRO services demand, impacting overall gross profit. AerAware progress remains disappointing, with no clear timeline for product roll out, leading to a reduced price target to $6.70. seekingalpha.com - 2 months ago
Why AerSale Stock Is Losing Altitude Today AerSale missed estimates on the top and bottom lines, and showed little progress toward selling a much-anticipated new product. The company's core operation should rebound in the second half, but the hoped-for payoff from the new tech could take time. fool.com - 3 months ago
AerSale Corporation (ASLE) Q2 2024 Earnings Call Transcript AerSale Corporation. (NASDAQ:ASLE ) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Kristen Gallagher - HR Director Nicolas Finazzo - Chairman and Chief Executive Officer Martin Garmendia - Chief Financial Officer Conference Call Participants Bert Subin - Stifel Ken Herbert - RBC Capital Markets Pete Osterland - Truist Securities Operator Good day and welcome to the Aerosol Second Quarter 2024 Earnings Conference Call. seekingalpha.com - 3 months ago
AerSale Corporation (ASLE) Reports Q2 Loss, Misses Revenue Estimates AerSale Corporation (ASLE) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of $0.10. This compares to loss of $0.03 per share a year ago. zacks.com - 3 months ago
AerSale Announces Date for Second Quarter 2024 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, 2024, on Wednesday, August 7, 2024, after the market closes. The Company will host a conference call on the same day at 4:30 pm Eastern Time to discuss the results. Participants may access the call at 1-877-300-8521, international callers may use 1-412-317-6026, and request to join the AerSale Corporation earnings. businesswire.com - 3 months ago
8. Profile Summary

AerSale Corporation ASLE

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COUNTRY US
INDUSTRY Airlines, Airports & Air Services
MARKET CAP $ 322 M
Dividend Yield 0.00%
Description 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. The TechOps segment provides internal and third-party aviation services, including internally developed engineered solutions, heavy aircraft maintenance and modification, and component MRO, as well as end-of-life disassembly services. This segment also provides aircraft modifications, cargo and tanker conversions of aircraft, and aircraft storage; and MRO services for landing gear, thrust reversers, hydraulic systems, and other aircraft components. The company was founded in 2008 and is headquartered in Coral Gables, Florida.
Contact 255 Alhambra Circle, Coral Gables, FL, 33134 https://www.aersale.com
IPO Date Feb. 28, 2019
Employees 707
Officers Christine Padron Vice President of Global Trade and Compliance Mr. Martin Garmendia Chief Financial Officer & Treasurer Jacqueline Carlon Executive Officer & Vice President of Marketing and Communications Mr. Frederick Craig Wright Division President of Aircraft & Engine Management Mr. James A. Fry Executive Vice President, General Counsel & Corporate Secretary Mr. Gary Edmund Jones Division President of Airframe & Materials and Chief Operating Officer Mr. Nicolas Finazzo Chairman, Chief Executive Officer & Division President of TechOps Mr. Charles P. McDonald Chief Technology Officer & Divisional President of Heavy MRO Services Mr. Enrique Pizzi Chief Information Officer Ms. Vanessa Russi-Machado Senior Vice President of Human Resources