With over 1.87 million FTAI Aviation Ltd. (FTAI) shares trading Friday and a closing price of $29.20 on the day, the dollar volume was approximately $54.6 million. The shares have shown a positive half year performance of 71.06% and its price on 05/19/23 gained nearly 0.21%. Currently, there are 99.57M common shares owned by the public and among those 98.53M shares have been available to trade.
An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 8 analysts who have offered their price forecasts for FTAI have a consensus price objective of $34.13. The analysts have set the share’s price value over the next 12 months at a high of $45.00 and a low of $28.00. The average price target is 12.63% above its recent price level and a downside to the estimated low will see the stock lose -4.29% over that period. But an upside of 35.11% will see the stock hit the forecast high price target while median target price for the stock is $32.50.
Unlock the Hottest Top 10 Penny Stocks Today! Discover Now
Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.
Gain Access to Top 10 Penny Stocks Now!.
Insiders at the company have transacted a total of 18 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 15 of these insider trades were purchases, accounting for 475,918 shares. Insider sales of the common stock occurred on 3 occasions, with total insider shares sold totaling 362,690 shares.
The top 3 mutual fund holders in FTAI Aviation Ltd. are Vanguard Total Stock Market ETF, Vanguard Small Cap Index Fund, and Columbia Small Cap Growth Fund. Vanguard Total Stock Market ETF owns 2.63 million shares of the company’s stock, all valued at over $74.79 million. The company bought an additional 30767.0 shares recently to bring their total holdings to about 2.64% of the shares outstanding. Vanguard Small Cap Index Fund bought 17000.0 shares to see its total holdings expand to 2.22 million shares valued at over $63.08 million and representing 2.22% of the shares outstanding. Columbia Small Cap Growth Fund bought 0.42 million shares to bring its total holdings to over 1.59 million shares at a value of $45.3 million. Columbia Small Cap Growth Fund now owns shares totaling to 1.60% of the shares outstanding.
Shares of FTAI Aviation Ltd. (NASDAQ: FTAI) opened at $29.50, up $0.36 from a prior closing price of $29.14. However, the script later moved the day high at 29.50, up 0.21%. The company’s stock has a 5-day price change of 4.17% and 18.75% over the past three months. FTAI shares are trading 70.56% year to date (YTD), with the 12-month market performance up to 91.79% higher. It has a 12-month low price of $14.29 and touched a high of $29.75 over the same period. FTAI has an average intraday trading volume of 1.22 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 4.78%, 9.19%, and 40.51% respectively.
Institutional ownership of FTAI Aviation Ltd. (NASDAQ: FTAI) shares accounts for 75.50% of the company’s 99.57M shares outstanding. Mutual fund holders own –, while other institutional holders and individual stakeholders account for — and — respectively.
It has a market capitalization of $2.91B and a beta (3y monthly) value of 1.87. The stock’s trailing 12-month PE ratio is 21.94, while the earnings-per-share (ttm) stands at $1.33. The company has a debt-to-equity ratio at 116.35. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.26% over the week and 3.57% over the month.
Analysts forecast that FTAI Aviation Ltd. (FTAI) will achieve an EPS of $0.34 for the current quarter, $0.42 for the next quarter and $2.08 for 2024. The lowest estimate earnings-per-share for the quarter is $0.2 while analysts give the company a high EPS estimate of $0.64. Comparatively, EPS for the current quarter was $0.48 a year ago. Earnings per share for the fiscal year are expected to increase by 16.60%, and 46.78% over the next financial year.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 8 brokerage firm advisors rate FTAI Aviation Ltd. (FTAI) as a “Strong Buy” at a consensus score of 1.60. Specifically, 6 Wall Street analysts polled rate the stock as a buy, while 0 of the 8 advise that investors “hold,” and 0 rated it as a “Sell.”
Leave a Reply