As of Friday close, FTAI Aviation Ltd.’s (NASDAQ:FTAI) stock was up $0.91, moving up 2.68 percent to $34.91. The average number of shares traded per day over the past five days has been 693,180 shares. 3 times new highs have been achieved over the past 5 days, with a -$0.04 fall in that time frame. In the last twenty days, the average volume was 866,035, while in the previous 50 days, it was 1,182,066.
Since last month, FTAI stock rose 4.90%. Shares of the company fell to $31.73 on 07/28/23, the lowest level in the past month. A 52-week high of $35.37 was reached on 08/07/23 after having rallying from a 52-week low of $14.29. Since the beginning of this year, FTAI’s stock price has risen by 103.91% or $17.79, and marked a new high 40 times. However, the stock has declined by -1.30% since its 52-week high.
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FTAI stock investors should be aware that FTAI Aviation Ltd. (FTAI) stock had its last reported insider trading activity 157 days ago on Mar 15. TUCHMAN MARTIN, the Director of the company, purchased of 40,000 shares for $25.00 on Mar 15. It resulted in a $1,000,000 investment by the insider. Adams Joseph P. Jr. added 25,000 shares at an average price of $18.00 on Nov 09. The insider now owns 187,616 shares following the transaction.
Valuation Metrics
Right now, FTAI Aviation Ltd. (FTAI) has a P/E ratio of about 43.31. The stock’s beta is 1.84. Besides these, the trailing price-to-sales (P/S) ratio of 3.21, the price-to-book (PB) ratio of 47.18.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 28.60, and the total debt-to-equity ratio was 28.60. On the profitability front, the trailing twelve-month gross margin is 54.60% percent. In the year ended June 29, EBITDA margin amounted to 44.85%, whereas operating margins totaled -17.00%. Based on annual data, FTAI earned $460.03 million in gross profit and brought in $708.41 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -8.60%. Return on equity (ROE) for the past 12 months was -108.00%.
In FTAI Aviation Ltd.’s quarter-end financial report for June 29, it reported total debt of $2.17 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. FTAI’s revenue rose 16.77% to $292.72 million during the quarter, while net income inched up to $274.35 million. While analysts expected FTAI Aviation Ltd. to report $0.3 quarterly earnings, the actual figure was $0.46 per share, beating the consensus estimate by 53.30%. During the quarter, the company generated $146.19 million in EBITDA. The liabilities of FTAI Aviation Ltd. were 2.43 billion at the end of its most recent quarter ended June 29, and its total debt was $2.17 billion. The value of shareholders’ equity is $99.74 million.
Technical Picture
This quick technical analysis looks at FTAI Aviation Ltd.’s (FTAI) price momentum. With a historical volatility rate of 20.49%, the RSI 9-day stood at 61.84% on 18 August.
With respect to its five-day moving average, the current FTAI Aviation Ltd. price is down by -0.11% percent or -$0.04. At present, FTAI shares trade +4.02% above its 20-day simple moving average and +44.08% percent above its 100-day simple moving average. However, the stock is currently trading approximately +25.08% above its SMA50 and +100.86% above its SMA200.
Stochastic coefficient K was 76.72% and Stochastic coefficient D was 80.65%, while ATR was 0.94. Given the Stochastic reading of 87.01% for the 14-day period, the RSI (14) reading has been calculated as 62.77%. As of today, the MACD Oscillator reading stands at -0.26, while the 14-day reading stands at 0.29.
Analyst Ratings
Wolfe Research upgraded its rating on FTAI Aviation Ltd. (NASDAQ: FTAI) to an Outperform in a note to investors on June 30, 2023. The analysts firm previously had a Peer perform rating on the stock.FTAI Aviation Ltd. (FTAI) has been rated Buy by analysts. According to 0 brokerage firms, FTAI is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate FTAI Aviation Ltd. stock as buy, with 7 recommending it as overweight.
With a median target price of $39.00, the current consensus forecast for the stock is $36.00 – $45.00. Based on these forecasts, analysts predict FTAI Aviation Ltd. (FTAI) will achieve an average price target of $39.39.
