Aersale Corporation Stock Price, News & Analysis

AerSale, Inc. (NASDAQ: ASLE) announced participation in the virtual Energy and Industrial Shareholder Equity Conference on December 13, 2021, at 1:30 PM ET. Management will engage in a fireside chat aimed at retail investors, allowing them to pose questions. The event will be webcast live at Shareholder-Equity-Conference.videoshowcase.net and archived for 90 days. AerSale specializes in aftermarket services for large jets, focusing on cost-effective operations for aircraft owners.

AerSale Corporation (ASLE) has announced its plan to redeem all outstanding public warrants at a redemption price of $0.01 per warrant on December 29, 2021. This cashless redemption limits shareholder dilution and reflects AerSale's strong balance sheet. The company achieved the necessary stock price performance, with shares exceeding $18.00 for 20 trading days within 30 days prior to the redemption notice. Registered holders must exercise their warrants by 5:00 p.m. ET on the redemption date to retain their rights.

Prescience Point Capital Management reaffirmed its Strong Buy rating on AerSale Corporation (ASLE) and maintained a price target of $47.00. Following AerSale's Q3 2021 earnings on November 9, the firm expressed confidence in the company's potential due to anticipated FAA approval of its AerAware technology and a projected $2.00 adjusted EPS for 2022, more than double the 2021 estimate. The report indicates a high likelihood of a major airline order post-FAA approval and a strong financial rebound expected in Q4 2021.

AerSale Corporation (Nasdaq: ASLE) reported revenue of $73.3 million for Q3 2021, up from $57.1 million in Q3 2020, driven by strong flight equipment sales of $27.4 million. However, the company incurred a GAAP net loss of $1.6 million, compared to net income of $14.7 million in the prior year. Adjusted Net Income stood at $9.2 million, and Adjusted EBITDA was $13.9 million, representing 18.9% of revenues. The company updated its 2021 guidance to forecast revenue between $320 million and $340 million with adjusted EBITDA of $80 million to $90 million.

On November 8, 2021, Prescience Point Capital Management published an open letter highlighting positive findings on AerSale Corporation (ASLE) warrants. The firm believes AerSale shares could double within a month due to catalysts like FAA approval and a significant increase in FY 2021 guidance expected after the upcoming conference call. Prescience Point values AerSale shares at $47 today, projecting a rise above $100 in two to three years. They clarify that the company cannot redeem public warrants before October 1, 2022, indicating they are undervalued and hold potential time premium.

AerSale Corporation (NASDAQ: ASLE) will release its third-quarter earnings for the period ending September 30, 2021, on November 9, 2021, post-market close. A conference call is scheduled for the same day at 4:30 PM ET. Participants can join the call by dialing 1-800-263-0877 or 1-646-828-8143 for international calls. A replay will be available until November 23, 2021. The company provides aftermarket services for large jets and aims to help aircraft operators achieve operational savings.

Prescience Point Capital Management has published a detailed analysis of AerSale Corporation (Nasdaq: ASLE), recommending a Strong Buy and setting a price target of $47.13. The analysis highlights AerSale's projected 231% CAGR in adjusted EPS from FY 2020 to FY 2022, trading significantly lower than peers (10x vs. 25x-30x earnings). Key catalysts include anticipated FAA approval for the AerAware HUD and potential large orders from major airlines. Prescience Point expects AerSale to increase FY 2021 EBITDA guidance, projecting a total of $109.4 million for the year.

AerSale Corporation (Nasdaq: ASLE) reported a strong second quarter for 2021 with revenue of $91.9 million, up from $45.4 million in 2020, driven by $42.7 million in flight equipment sales. The company achieved a GAAP net income of $16.5 million, compared to a loss of $7.9 million in Q2 2020. Adjusted EBITDA increased to $30.4 million, representing a 33.1% margin. AerSale anticipates 2021 revenue guidance of $340–$360 million, supported by improved market activity and demand for asset management and MRO services.