In the last trading session, 2.64 million shares of the FTAI Aviation Ltd (NASDAQ:FTAI) were traded, and its beta was 1.75. Most recently the company’s share price was $115.16, and it changed around -$3.45 or -2.91% from the last close, which brings the market valuation of the company to $11.81B. FTAI currently trades at a discount to its 52-week high of $181.64, offering almost -57.73% off that amount. The share price’s 52-week low was $54.84, which indicates that the current value has risen by an impressive 52.38% since then.
FTAI Aviation Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 1.38. If we narrow it down even further, the data shows that 0 out of 14 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 2 recommended FTAI as a Hold, whereas 8 deemed it a Buy, and 0 rated it as Underweight. FTAI Aviation Ltd is expected to report earnings per share of 1.33 for the current quarter.
FTAI Aviation Ltd (NASDAQ:FTAI) trade information
Instantly FTAI has showed a red trend with a performance of -2.91% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 143.84 on recent trading dayincreased the stock’s daily price by 19.94%. The company’s shares are currently down -20.05% year-to-date, but still down -13.38% over the last five days. On the other hand, FTAI Aviation Ltd (NASDAQ:FTAI) is 14.55% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $158, which translates to bulls needing to increase their stock price by 27.11% from its current value. Analyst projections state that FTAI is forecast to be at a low of $100 and a high of $190.
FTAI Aviation Ltd (FTAI) estimates and forecasts
The year-over-year growth rate is expected to be 33.06%, up from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 640.07M in revenue for the current quarter. 5 analysts expect FTAI Aviation Ltd to make 558.77M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 326.69M and 443.59M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 95.92%. Forecasts for the next quarter put sales growth at 25.97%.
FTAI Dividends
FTAI Aviation Ltd’s next quarterly earnings report is expected to be released in April. The annual dividend yield of the stock is 1.04 percent and its annual dividend per share was 1.20. It is important to note, however, that the 1.04% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
FMR LLC, with 8.6639% or 8.75 million shares worth $902.95 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
