FTAI Aviation Ltd. (NYSE:FTAI) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of FTAI Aviation Ltd. (NYSE:FTAI) have been given an average recommendation of “Moderate Buy” by the twelve research firms that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and ten have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $138.64.

A number of research analysts have recently issued reports on FTAI shares. StockNews.com raised FTAI Aviation to a “sell” rating in a research note on Friday, August 2nd. Morgan Stanley reissued an “underperform” rating on shares of FTAI Aviation in a research note on Friday. JMP Securities upped their price target on FTAI Aviation from $90.00 to $132.00 and gave the stock a “market outperform” rating in a research note on Thursday, July 25th. Barclays upped their price target on FTAI Aviation from $80.00 to $110.00 and gave the stock an “overweight” rating in a research note on Thursday, August 8th. Finally, Wolfe Research downgraded FTAI Aviation from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, July 10th.

FTAI Aviation Price Performance

Shares of NYSE:FTAI opened at $140.23 on Wednesday. The company has a market capitalization of $14.06 billion, a price-to-earnings ratio of 64.03 and a beta of 2.04. The business’s 50-day moving average is $127.43 and its 200-day moving average is $102.31. FTAI Aviation has a 1 year low of $32.66 and a 1 year high of $149.74.

FTAI Aviation (NYSE:FTAI) last announced its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.14). The business had revenue of $443.59 million during the quarter, compared to analyst estimates of $361.92 million. FTAI Aviation had a negative net margin of 1.50% and a positive return on equity of 180.68%. Analysts anticipate that FTAI Aviation will post 2.13 EPS for the current year.

Institutional Trading of FTAI Aviation

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FTAI. Vanguard Group Inc. increased its holdings in FTAI Aviation by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 8,507,122 shares of the financial services provider’s stock worth $394,730,000 after purchasing an additional 84,611 shares in the last quarter. Global Assets Advisory LLC bought a new position in shares of FTAI Aviation in the first quarter valued at approximately $1,556,000. Harbour Capital Advisors LLC bought a new position in shares of FTAI Aviation in the first quarter valued at approximately $278,000. Blue Zone Wealth Advisors LLC bought a new position in shares of FTAI Aviation in the first quarter valued at approximately $236,000. Finally, Allspring Global Investments Holdings LLC grew its holdings in shares of FTAI Aviation by 10.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 19,942 shares of the financial services provider’s stock valued at $1,342,000 after acquiring an additional 1,958 shares in the last quarter. 88.96% of the stock is owned by institutional investors.

FTAI Aviation Company Profile

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.