Aersale Corporation Stock Price, News & Analysis

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.

AerSale Corporation (NASDAQ: ASLE) will release its Q2 earnings results for the period ending June 30, 2021, on August 6, 2021, prior to market opening. A conference call will follow at 8:30 am ET to discuss the results. Participants can join via phone at 1-877-407-3982 for domestic calls or 1-201-493-6780 internationally. A live webcast will also be available on their investor relations website. A telephonic replay will be accessible until August 20, 2021. AerSale specializes in aftermarket services for large jets, offering MRO services, aircraft sales, and engineered solutions.

AerSale, Inc. (NASDAQ: ASLE) will present at the inaugural Shareholder Equity Conference on July 12, 2021, at 1:10pm ET. The virtual event aims to engage retail investors through a fireside chat format, allowing them to pose questions to management. Interested parties can access the live stream via the conference's website or AerSale's investor relations page, with a replay available for 90 days post-event.

AerSale specializes in integrated aftermarket services for large jets, focusing on cost-saving solutions for aircraft owners and operators.

AerSale Corporation (Nasdaq: ASLE) will join the Russell 2000 Index starting June 28, 2021, after the annual reconstitution. This inclusion extends to related growth and value style indexes, reinforcing its position in the market. Russell indexes, used widely by investment managers, benchmark approximately $10.6 trillion in assets. The company focuses on providing integrated aftermarket services to airlines, offering MRO, aircraft sales, leasing, and engineered solutions. However, investors should consider inherent risks, including market fluctuations and industry competition.

AerSale Corporation (Nasdaq: ASLE) reported robust first-quarter results for 2021, with revenues of $58.4 million, marking an increase from $57.1 million in Q1 2020. The company achieved a GAAP net income of $10 million (17.1% of sales), up from $1.1 million (1.9% of sales) last year. Adjusted EBITDA rose to $16.5 million (28.3% of sales). Significant growth is anticipated from MRO services and a fleet acquisition of 24 Boeing 757s. The outlook for 2021 includes projected revenue of $340–360 million and adjusted EBITDA of $60–70 million.

AerSale Corporation (NASDAQ: ASLE) will release its Q1 2021 earnings results on May 7, 2021, before market opening. A conference call is scheduled for the same day at 8:30 AM ET to discuss these results. Participants can join the call via phone or a live webcast. A replay of the call will be available until May 21, 2021. AerSale provides integrated aftermarket services for large jets, focusing on cost-saving solutions for aircraft owners and operators, including MRO, sales, leasing, and engineered solutions.

AerSale Corporation (ASLE) reported Q4 2020 revenue of $49.4 million, down from $120.9 million in Q4 2019, and full-year revenue of $208.9 million, a decline from $304.2 million in 2019. The results were impacted by COVID-19 on commercial operations, leading to reduced sales of used serviceable material (USM) and whole assets. However, the company achieved net income of $0.6 million in Q4 and $8.5 million for the year. Looking ahead, AerSale expects revenue of $340-$360 million in 2021, driven by MRO services and the launch of its AerAware product.

AerSale Corporation (NASDAQ: ASLE) will release its fourth-quarter earnings results for the year ended December 31, 2020, on March 15, 2021, after market close. A conference call to discuss these results will follow at 5:00 PM ET the same day. Participants can join the call using designated phone numbers or access it via a live webcast on the company's investor relations website. The call will have a telephonic replay available until March 29, 2021. AerSale specializes in aftermarket services for airlines operating large jets.