FTAI Aviation Ltd. (NASDAQ:FTAI) saw an upside of 3.58% to close Monday at $35.00 after adding $1.21 on the day. The 5-day average trading volume is 1,109,480 shares of the company’s common stock. It has gained $35.37 in the past week and touched a new high 5 times within the past 5 days. An average of 845,550 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,235,982.
FTAI’s 1-month performance is 12.54% or $3.90 on its low of $31.01 reached on 07/10/23. The company’s shares have touched a 52-week low of $14.29 and high of $34.29, with the stock’s rally to the 52-week high happening on 08/07/23. YTD, FTAI has achieved 104.44% or $17.88 and has reached a new high 40 times. However, the current price is up 2.07% from the 52-week high price.
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Valuation Metrics
FTAI stock has a beta of 1.87. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.15 while the price-to-book (PB) in the most recent quarter is 47.30.
. In terms of profitability, the gross margin trailing 12 months is 54.60%. The trailing 12-month EBITDA margin is 43.76%. The firm’s gross profit as reported stood at $460.03 million against revenue of $708.41 million.
Earnings Surprise
Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 75.33% to $46.42 million, while revenue of $22.61 million was 51.29% off the previous quarter. EBITDA for the quarter stood at more than $146.19 million. FTAI stock balance sheet for the recent quarter shows that total liabilities totaled 2.43 billion, with total debt at $2.17 billion. Shareholders hold equity totaling $99.74 million.
Let’s look briefly at FTAI Aviation Ltd. (FTAI) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 07 August was 77.40% to suggest the stock is trending Overbought, with historical volatility in this time period at 34.00%.
The stock’s 5-day moving average is $33.27, reflecting a +8.66% or $2.79 change from its current price. FTAI is currently trading +9.58% above its 20-day SMA, +43.38% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +25.36% and SMA200 by+125.95%.
Stochastic %K and %D was 69.01% and 50.00% and the average true range (ATR) pointed at 0.99. The RSI (14) points at 72.20%, while the 14-day stochastic is at 89.84% with the period’s ATR at 0.97. The stock’s 9-day MACD Oscillator is pointing at 0.91 and 0.76 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for FTAI Aviation Ltd. (NASDAQ: FTAI), Wolfe Research upgraded it to an Outperform rating. They previously had a Peer perform rating on the stock. Analysts offering their rating for FTAI stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate FTAI as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 2 rates the stock as overweight while 7 have offered a “buy” rating.
What is FTAI’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $36.00 and a high of $45.00, with their median price target at $38.00. Looking at these predictions, the average price target given by analysts is for FTAI Aviation Ltd. (FTAI) stock is $39.17.
