AerSale (NASDAQ:ASLE) Stock

AerSale

AerSale Corp is an integrated, diversified leader in aviation aftermarket products and services. It specializes in the sale, lease, and exchange of used aircraft, engines, and components, in addition to providing a broad range of maintenance, repair, and overhaul, and engineering services for commercial aircraft and components. The company operating segment includes Asset Management Solutions and TechOps. It generates maximum revenue from the Asset Management Solutions segment.

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The aerospace defense equipment industry has maintained its northbound journey amid supply-chain woes. Nevertheless, improving defense budget funding from the U.S. administration and impressive year-over-year projections for global air passenger numbers are likely to boost this space in the second half of 2024.

Top 5 Aerospace Defense Equipment Stocks for Second-Half 2024

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Why Duolingo Shares Are Trading Lower By Around 18%? Here Are Other Stocks Moving In Thursday&#39;s Mid-Day Session

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Spectrum Brands Posts Upbeat Results, Joins AerSale, Sinclair, ICU Medical And Other Big Stocks Moving Higher On Thursday

AerSale Corp

SJW Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NYSE">SJW</a>) reported quarterly earnings of $0.74 per share which beat the analyst consensus estimate of $0.55 by 34.55 percent. This is a 25.42 percent increase over earnings of $0.59 per share from the same period last year. The company reported quarterly sales of $197.82 million which beat the analyst consensus estimate of $187.48 million by 5.52 percent. This is a 15.46 percent increase over sales of $171.34 million the same period last year.

Earnings Beats

SJW Gr Q4 Adj $0.74 Beats $0.55 Estimate, Sales $197.82M Beat $187.48M Estimate

Market observers warn an expanding U.S. budget deficit and aggressive trade policies under President Donald Trump could test investors&#8217; appetite for government debt, despite campaign promises <a href="https://www.benzinga.com/25/02/43587245/tariffs-are-the-only-way-to-fund-tax-cuts-without-deficit-expansion-argues-expert-as-it-takes-center-stage-in-donald-trumps-economic-plan">to lower borrowing costs</a>.
Treasury yields have fluctuated since Trump&#8217;s election, initially spiking to 4.8% before settling at 4.6%, according <a href="https://www.ft.com/content/0259de87-9488-404d-b418-cdb26a2a8f89">to the Financial Times</a>. Investors now balance inflation concerns against fears that new tariffs could slow economic growth.
The <a href="https://www.cbo.gov/system/files/2025-01/60870-Outlook-2025.pdf">Congressional Budget Office projects</a> the government deficit will reach $1.9 trillion, or 6.2% of GDP, by Sept. 30. It could grow to $2.7 trillion by 2035, far exceeding the 50-year average deficit of 3.8%.
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&#8220;The investment community in general is certainly uncertain, and perhaps nervous, but it&#8217;s not obvious whether they should be more worried about recession or inflation,&#8221; David Kelly, chief global strategist at JPMorgan Asset Management, told the Financial Times.
House Republicans <a href="https://apnews.com/article/house-republicans-budget-blueprint-trump-tax-cuts-ff2bddf31f4e7cb0928139072392a091">have proposed tax cuts potentially reaching $4.5 trillion</a>, alongside a $4 trillion debt ceiling increase. The <a href="https://www.crfb.org/press-releases/house-budget-allows-too-much-debt">Committee for a Responsible Federal Budget estimates</a> the changes could add $2.8 trillion to the deficit through 2034.
International investors have already shown signs of hesitation. Japan and China, the largest foreign Treasury holders, <a href="https://ticdata.treasury.gov/resource-center/data-chart-center/tic/Documents/slt_table5.html">reduced their positions throughout 2024.</a> Foreign investors sold $50 billion in long-term Treasuries in December alone, the highest amount since May 2021, according to the Financial Times.
&#8220;Is the debt financeable? It is, until it isn&#8217;t,&#8221; Mark Sobel, former Treasury official and U.S. chair of think-tank Official Monetary and Financial Institutions Forum, said.
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Treasury Secretary Scott Bessent faces pressure to <a href="https://www.benzinga.com/government/regulations/25/02/43529306/tariffs-are-a-means-to-an-end-bessent-defends-trade-strategy-pushes-growth-plan">maintain market confidence while pursuing expansionary policies</a>. However, analysts suggest U.S. debt retains advantages through market liquidity and the dollar&#8217;s reserve currency status.
The Federal Reserve&#8217;s quantitative tightening program, reducing its Treasury holdings since mid-2022, adds another variable as the government potentially increases debt issuance, the Financial Times reported.
&#8220;The scale and scope of the fiscal deficit could be quite large and could be relatively long term,&#8221; Ed Al-Hussainy, rates analyst at Columbia Threadneedle Investments, told the Financial Times. &#8220;That&#8217;s the main thing that could be damaging for the rates market.&#8221;
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Will Investors Push Back Against Trump's Massive Borrowing Plans?

Citigroup analyst Steven Enders maintains Intuit (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTU#NASDAQ">INTU</a>) with a Buy and lowers the price target from $760 to $726.

Price Target

INTU

Citigroup Maintains Buy on Intuit, Lowers Price Target to $726

Maxim Group analyst Tom Forte maintains Beyond (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BYON#NYSE">BYON</a>) with a Buy and lowers the price target from $26 to $16.

BYON

Maxim Group Maintains Buy on Beyond, Lowers Price Target to $16

Ladenburg Thalmann analyst Paul Fremont upgrades Spire (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SR#NYSE">SR</a>) from Sell to Buy and announces $83 price target.

Upgrades

Ladenburg Thalmann Upgrades Spire to Buy, Announces $83 Price Target

Lake Street analyst Eric Martinuzzi maintains Backblaze (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLZE#NASDAQ">BLZE</a>) with a Buy and lowers the price target from $12 to $11.

BLZE

Lake Street Maintains Buy on Backblaze, Lowers Price Target to $11

US Physical Therapy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USPH#NYSE">USPH</a>) reported quarterly earnings of $0.51 per share which missed the analyst consensus estimate of $0.69 by 26.09 percent. This is a 13.56 percent decrease over earnings of $0.59 per share from the same period last year. The company reported quarterly sales of $180.45 million which beat the analyst consensus estimate of $174.77 million by 3.25 percent. This is a 16.57 percent increase over sales of $154.80 million the same period last year.

Earnings Misses

USPH

US Physical Therapy Q4 Adj $0.51 Misses $0.69 Estimate, Sales $180.45M Beat $174.77M Estimate

Lake Street analyst Ben Klieve initiates coverage on Blade Air Mobility (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLDE#NASDAQ">BLDE</a>) with a Buy rating and announces Price Target of $6.5.

Initiation

BLDE

Lake Street Initiates Coverage On Blade Air Mobility with Buy Rating, Announces Price Target of $6.5

Barclays analyst Trevor Young downgrades ZipRecruiter (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIP#NYSE">ZIP</a>) from Overweight to Equal-Weight and lowers the price target from $10 to $6.

Downgrades

Barclays Downgrades ZipRecruiter to Equal-Weight, Lowers Price Target to $6

If you've recently grabbed a coffee at a kiosk without speaking to anyone or scanned your groceries without a cashier, you're already experiencing the quiet revolution of automation. It might seem minor now, but <a href="https://www.benzinga.com/startups/25/01/43101102/elon-musk-the-richest-man-in-the-world-is-estimated-to-earn-over-23-million-every-single-hour-of-the-day-heres-how-hes-spending-it">according to Elon Musk</a>—founder of SpaceX, CEO of Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), and owner of X —these small shifts are just the start.
Back in 2017 at the World Government Summit, Musk famously said about universal basic income, "I don't think we're going to have a choice." It wasn't a political stance or even his personal preference—it was Musk realistically predicting the future. With artificial intelligence becoming increasingly advanced, he sees a world where jobs traditionally done by humans rapidly vanish.
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But fast-forward a few years, Musk's vision has evolved. During an appearance at the 2024 VivaTech conference in Paris, he didn't just double down on universal income—he took it further. Musk now anticipates a scenario where society doesn't settle for basic income, but instead adopts something far more ambitious: a "high universal income."
"In a benign scenario <a href="https://www.benzinga.com/general/24/05/39044740/probably-none-of-us-will-have-a-job-elon-musk-predicts-massive-job-losses-due-to-ai">probably none of us will have a job</a>," Musk explained, emphasizing optimism despite the disruption. "But in that benign scenario, there will be universal high income—not universal base income—and there will be no shortage of goods or services."
That shift—from "basic" to "high" universal income—is critical. Musk believes that AI and automation will drive down the cost of goods and dramatically boost productivity, creating abundance. In other words, everyone will theoretically have access to whatever they need, and poverty as we know it could dramatically diminish.
But here's the catch: Musk sees another serious problem emerging, and it's not economic—it's psychological.
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<h2 class="wp-block-heading">Will Automation Leave Us Feeling "Useless"?</h2>
As appealing as abundant income might sound, Musk is concerned about the meaning we draw from our work. In a future where robots and AI systems outperform us at almost everything, he worries about human dignity, identity, and fulfillment.
"The harder challenge is how do people then have meaning," Musk said. "If you're not needed, if there's not a need for your labor, how do you find meaning? Do you feel useless?"
It's a troubling question. Employment, for most people, isn't just about money—it's about self-worth, social connections, and personal growth. Losing this could create a crisis of meaning, even in a world of abundance.
<h2 class="wp-block-heading">AI and the Future of Work</h2>
Despite these deep concerns, Musk is largely optimistic about AI's impact. "I think the benign scenario is probably the most likely—probably 80% likely if you ask my opinion," he said. "Everyone will have access to as much in the way of goods and services as they would like."
His <a href="https://www.benzinga.com/startups/25/01/43335267/some-employees-survive-but-a-whole-lot-dont-says-elon-musks-biographer-about-his-demon-mode-in-which-hes-coldly-brutal-to-people">vision of the future workplace</a> is similarly bold. Work won't vanish altogether, but it'll be optional. Musk describes a world where working becomes more of a hobby or passion project than a necessity. "Long term … any job that somebody does will be optional. If you want to do a job as kinda like a hobby, you can do a job, but otherwise, the AI and robots will provide any goods and services you want."
See Also: <a href="https://www.benzinga.com/money/elon-musk-told-the-u-n-if-they-could-show-a-plan-for-ending-world-hunger-hed-donate-6-billion-i-will-sell-tesla-stock-right-now-and-do-it">Elon Musk Told The U.N. If They Could Show A Plan For Ending World Hunger He'd Donate $6 Billion – ‘I Will Sell Tesla Stock Right Now And Do It'</a>
<h2 class="wp-block-heading">Could Your Career Soon Become Optional?</h2>
Whether you're on board with Musk's predictions or skeptical, it's clear AI is already causing real disruption in the workplace. According to a <a href="https://www.brookings.edu/articles/generative-ai-the-american-worker-and-the-future-of-work/">Brookings Institution report</a> last fall more than 30% of all workers could soon find at least half of their current job tasks taken over by generative AI.
And it's not just about job security. Workers are feeling the strain in other ways, too. A <a href="https://www.grantthornton.com/insights/press-releases/2024/november/employee-burnout-continues-to-surge-as-mental-and-emotional-stress-mount">Grant Thornton study</a> last year found that 32% of employees reported their mental well-being worsened in the past year, while 30% saw improvement, and 38% remained about the same.
Musk's statements underline something profound: the conversation about AI and automation isn't simply about economics. It's about human purpose, identity, and what we value beyond money.
As we move into this uncertain, automated future, Musk's message is clear: universal income—perhaps a high universal income—might soon become inevitable. But the real challenge might not be figuring out how to pay for it. Instead, we may have to find entirely new ways of defining our worth in a world where machines do almost everything for us.
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Personal Finance

TSLA

'I Don't Think We're Going to Have a Choice': Elon Musk Predicts Universal Income Will Eventually Be 'High'—But Fears People Will Feel 'Useless'

Dynamic Aerostructures, which makes high-tech parts for U.S. fighter jets and SpaceX rockets, has <a href="https://www.benzinga.com/topic/bankruptcy">filed for bankruptcy</a>.
What Happened: According to <a href="https://www.bloomberg.com/news/articles/2025-02-26/aero-parts-maker-for-stealth-bomber-spacex-files-for-bankruptcy?sref=TBDibEcD">Bloomberg</a>, the Valencia, California-based company plans to auction itself off in a court-supervised sale.
Dynamic is owned by a private equity firm, Endeavour Capital. Dynamic&#8217;s operating unit, Forrest Machining, LLC (aka FMI Aerostructures) was <a href="https://endeavour.com/portfolio/dynamic-aerostructures-llc/">purchased</a> by Endeavour Capital in 2021. 
The company blamed quality-control issues, contracts and inflation-driven inventory costs for the financial nosedive. 
CEO Eric Ellis insists it's still "business as usual" while they search for a buyer, with an April 7 bid deadline set for potential suitors.
See Also: <a href="https://www.benzinga.com/trading-ideas/movers/25/01/43098271/canoo-files-bankruptcy-stock-falls-nasa-walmart-dod-usps">EV Startup Canoo Files For Bankruptcy After NASA, USPS, Walmart Partnerships Bear Little Fruit</a>
Why It Matters: The company is saddled with $55 million in debt. In addition to SpaceX, the company is also a key supplier for Blue Origin, Boeing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>), Lockheed Martin Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>), and Northrop Grumman Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>), including making parts for the B-2 Spirit stealth bomber.
The company&#8217;s situation also illustrates the challenging record of private equity and venture capital-backed companies. In 2024, PE-backed companies made up nearly 16% of the 694 total U.S. bankruptcy filings, per <a href="https://www.transacted.io/private-equity-portfolio-bankruptcies-hit-record-high-in-2024">Transact.io</a>, citing S&amp;P Capital data.
That's the highest annual tally since 2010.
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Photo: Shutterstock

Asset Sales

Tech

SpaceX Parts Supplier Dynamic Aerostructures Files For Bankruptcy, Bid Deadline Set

CIBC analyst Krista Friesen maintains Stantec (TSX:<a class="ticker" href="https://www.benzinga.com/stock/STN#TSX">STN</a>) with a Outperformer and raises the price target from C$134 to C$139.

TSX:STN

CIBC Maintains Outperformer on Stantec, Raises Price Target to C$139

CIBC analyst Paul Holden maintains Bank of Montreal (TSX:<a class="ticker" href="https://www.benzinga.com/stock/BMO#TSX">BMO</a>) with a Outperformer and raises the price target from C$154 to C$156.

TSX:BMO

CIBC Maintains Outperformer on Bank of Montreal, Raises Price Target to C$156

AECOM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACM#NYSE">ACM</a>) has outperformed the market over the past 10 years by 1.65% on an annualized basis producing an average annual return of 12.56%. Currently, AECOM has a market capitalization of $13.06 billion. 
Buying $1000 In ACM: If an investor had bought $1000 of ACM stock 10 years ago, it would be worth $3,254.71 today based on a price of $98.39 for ACM at the time of writing.
<h3>AECOM's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1740611952_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In This Stock 10 Years Ago Would Be Worth This Much Today

Barrington Research analyst Michael Petusky maintains Merit Medical Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MMSI#NASDAQ">MMSI</a>) with a Outperform and lowers the price target from $115 to $111.

MMSI

Barrington Research Maintains Outperform on Merit Medical Systems, Lowers Price Target to $111

Telsey Advisory Group analyst Cristina Fernandez maintains Arhaus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARHS#NASDAQ">ARHS</a>) with a Outperform and maintains $11 price target.

ARHS

Telsey Advisory Group Maintains Outperform on Arhaus, Maintains $11 Price Target

Chardan Capital analyst Daniil Gataulin maintains Cognition Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGTX#NASDAQ">CGTX</a>) with a Buy and maintains $11 price target.

CGTX

Chardan Capital Maintains Buy on Cognition Therapeutics, Maintains $11 Price Target

Domino's Pizza (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NASDAQ">DPZ</a>) has outperformed the market over the past 10 years by 5.73% on an annualized basis producing an average annual return of 16.64%. Currently, Domino's Pizza has a market capitalization of $16.43 billion. 
Buying $1000 In DPZ: If an investor had bought $1000 of DPZ stock 10 years ago, it would be worth $4,587.42 today based on a price of $479.11 for DPZ at the time of writing.
<h3>Domino's Pizza's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1740611037_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In Domino's Pizza 10 Years Ago Would Be Worth This Much Today

Macquarie analyst Chad Beynon maintains AMC Enter Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) with a Neutral and maintains $4 price target.

Macquarie Maintains Neutral on AMC Enter Hldgs, Maintains $4 Price Target

Tigress Financial analyst Ivan Feinseth maintains Garmin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRMN#NYSE">GRMN</a>) with a Strong Buy and raises the price target from $265 to $285.

GRMN

Tigress Financial Maintains Strong Buy on Garmin, Raises Price Target to $285

Press Releases

AerSale Reports First Quarter 2024 Results

AerSale® Expands Footprint with New Location in Millington, TN

AerSale Announces Date for Second Quarter 2024 Earnings Release Conference Call

AerSale Reports Second Quarter 2024 Results

AerSale Announces Participation at the Jefferies Industrials Conference

AerSale Announces Date for Third Quarter 2024 Earnings Release Conference Call

AerSale Reports Third Quarter 2024 Results

AerSale to Participate in TD Cowen's 46th Annual Aerospace & Defense Conference

AerSale Announces Date for Fourth Quarter and Full Year 2024 Earnings Release Conference Call

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