Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) finished Friday with an addition of $0.21 to close at $26.92, an upside of 0.79 percent. An average of 439,040 shares of common stock have been traded in the last five days. There was a gain of $1.24 in the past week, and it reached a new high 32 times over the past 12 months. The last 20 days have seen an average of 599,595 shares traded, while the 50-day average volume stands at 673,980.
FTAI stock has increased by 6.78% in the last month. The company shares reached their 1-month lowest point of $23.80 on 09/23/21. With the stock rallying to its 52-week high on 06/22/21, shares of the company touched a low of $15.31 and a high of $34.79 in 52 weeks. It has reached a new high 18 times so far this year and achieved 14.75% or $3.46 in price. In spite of this, the price is down -22.62% from the 52-week high.
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Fortress Transportation and Infrastructure Investors LLC (FTAI) has a trailing price-to-earnings (P/E) ratio of 22.10 for the broader industry and 29.83 for the sector. In the last five years, Fortress Transportation and Infrastructure Investors LLC’s PE ratio has ranged between 366.40 and 2.181. The stock’s beta is 1.90. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 7.75, the price-to-book (PB) ratio at 2.25.
Fortress Transportation and Infrastructure Investors LLC pays a $1.32 dividend per share annually. It offers a dividend yield of 4.90%. The company’s most recent quarterly dividend payment took place on Aug. 30, and it was $0.33 a share, without any change from last year. Its dividend has been increased for the last 1 year with the latest increase dividend $0.18 reported on Wednesday November 4 2015.
Further, the company has a long term debt to equity ratio of 2.07 and a total debt to equity ratio of 2.07 for the quarter ending June 29. Its gross profit as reported stood at $256.98 million compared to revenue of $366.5 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Fortress Transportation and Infrastructure Investors LLC’s return on assets was -4.50%. For the broader industry, ROE averaged 3.67 over the past year.
For the three-month period that ended June 29, Fortress Transportation and Infrastructure Investors LLC had $2.13 billion in total debt. The analyst consensus anticipated Fortress Transportation and Infrastructure Investors LLC’s latest quarter earnings to come in at -$0.19 per share, but it turned out to be -$0.42, a -121.10% surprise. For the quarter, EBITDA amounted to $62.49 million. Shareholders own equity worth $85.64 million.
From a technical analysis perspective, let’s take a brief look at Fortress Transportation and Infrastructure Investors LLC (FTAI) price momentum. RSI 9-day as of the close on 22 October was 66.82%, suggesting the stock is Neutral, with historical volatility in this time frame at 20.57%.
As of today, FTAI’s price is $26.34 +4.83% or $1.24 from its 5-day moving average. FTAI is currently trading +5.86% higher than its 20-day SMA and -4.40% lower than its 100-day SMA. However, the stock’s current price level is -3.86% below the SMA50 and +18.85% above the SMA200.
The stochastic %K and %D were 91.08% and 85.53%, respectively, and the average true range (ATR) was 0.87. With the 14-day stochastic at 92.56% and the average true range at 0.90, the RSI (14) stands at 59.67%. The stock has reached 0.66 on the 9-day MACD Oscillator while the 14-day reading was at 0.96.
The consensus rating for Fortress Transportation and Infrastructure Investors LLC (FTAI) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell FTAI, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 9 others rate it as a “buy”.
What is FTAI’s price target for the next 12 months?
Analysts predict a range of price targets between $31.00 and $50.00, with a median target of $38.00. Taking a look at these predictions, the average price target given by analysts for Fortress Transportation and Infrastructure Investors LLC (FTAI) stock is $37.80.