FTAI Aviation Ltd (NASDAQ: FTAI) has a higher price-to-earnings ratio of 33.41x compared to its average ratio. FTAI has 36-month beta value of 1.90. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 4 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for FTAI is 99.03M, and currently, short sellers hold a 4.48% ratio of that float. The average trading volume of FTAI on May 02, 2024 was 942.98K shares.
FTAI) stock’s latest price update
FTAI Aviation Ltd (NASDAQ: FTAI) has seen a rise in its stock price by 4.26 in relation to its previous close of 70.21. However, the company has experienced a -0.34% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-29 that FTAI Aviation (FTAI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
FTAI’s Market Performance
FTAI Aviation Ltd (FTAI) has seen a -0.34% fall in stock performance for the week, with a 8.82% gain in the past month and a 35.68% surge in the past quarter. The volatility ratio for the week is 5.47%, and the volatility levels for the past 30 days are at 4.55% for FTAI. The simple moving average for the last 20 days is 3.00% for FTAI stock, with a simple moving average of 57.44% for the last 200 days.
Analysts’ Opinion of FTAI
Many brokerage firms have already submitted their reports for FTAI stocks, with Stifel repeating the rating for FTAI by listing it as a “Hold.” The predicted price for FTAI in the upcoming period, according to Stifel is $59 based on the research report published on February 26, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see FTAI reach a price target of $58. The rating they have provided for FTAI stocks is “Overweight” according to the report published on January 11th, 2024.
Wolfe Research gave a rating of “Outperform” to FTAI, setting the target price at $38 in the report published on June 30th of the previous year.
FTAI Trading at 13.74% from the 50-Day Moving Average
After a stumble in the market that brought FTAI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.39% of loss for the given period.
Volatility was left at 4.55%, however, over the last 30 days, the volatility rate increased by 5.47%, as shares surge +4.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +38.40% upper at present.
During the last 5 trading sessions, FTAI fell by -0.34%, which changed the moving average for the period of 200-days by +121.01% in comparison to the 20-day moving average, which settled at $71.22. In addition, FTAI Aviation Ltd saw 57.76% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for FTAI
Current profitability levels for the company are sitting at:
- 0.27 for the present operating margin
- 0.42 for the gross margin
The net margin for FTAI Aviation Ltd stands at 0.2. The total capital return value is set at 0.11. Equity return is now at value 202.66, with 9.04 for asset returns.
Based on FTAI Aviation Ltd (FTAI), the company’s capital structure generated 0.94 points at debt to capital in total, while cash flow to debt ratio is standing at 0.03. The debt to equity ratio resting at 15.21. The interest coverage ratio of the stock is 1.89.
Currently, EBITDA for the company is 541.99 million with net debt to EBITDA at 4.65. When we switch over and look at the enterprise to sales, we see a ratio of 8.22. The receivables turnover for the company is 8.83for trailing twelve months and the total asset turnover is 0.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.94.
Conclusion
To put it simply, FTAI Aviation Ltd (FTAI) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
