Moreover, the 36-month beta value for FTAI is 2.05. Analysts have varying opinions 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 100.71M and currently, short sellers hold a 3.53% of that float. On September 12, 2024, FTAI’s average trading volume was 1.16M shares.
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FTAI) stock’s latest price update
The stock price of FTAI Aviation Ltd (NASDAQ: FTAI) has surged by 3.98 when compared to previous closing price of 115.88, but the company has seen a 1.35% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-09-09 that NEW YORK and MONTRÉAL, Sept. 09, 2024 (GLOBE NEWSWIRE) — FTAI Aviation Ltd. (NASDAQ: FTAI) announces the successful completion of its acquisition of Lockheed Martin Commercial Engine Solutions (“LMCES”), a 526,000-square-foot aircraft engine maintenance repair facility located in Montréal, Québec, from Lockheed Martin Canada. The completion of the acquisition strengthens FTAI Aviation’s Maintenance, Repair, and Exchange (MRE) business with the ability to provide additional maintenance services to airline customers.
FTAI’s Market Performance
FTAI Aviation Ltd (FTAI) has seen a 1.35% rise in stock performance for the week, with a 16.13% gain in the past month and a 37.97% surge in the past quarter. The volatility ratio for the week is 4.28%, and the volatility levels for the past 30 days are at 3.85% for FTAI. The simple moving average for the last 20 days is 2.86% for FTAI stock, with a simple moving average of 60.23% for the last 200 days.
Analysts’ Opinion of FTAI
Many brokerage firms have already submitted their reports for FTAI stocks, with BTIG Research repeating the rating for FTAI by listing it as a “Buy.” The predicted price for FTAI in the upcoming period, according to BTIG Research is $140 based on the research report published on August 26, 2024 of the current year 2024.
Stifel, on the other hand, stated in their research note that they expect to see FTAI reach a price target of $132, previously predicting the price at $69. The rating they have provided for FTAI stocks is “Buy” according to the report published on July 26th, 2024.
FTAI Trading at 9.89% 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 -6.20% of loss for the given period.
Volatility was left at 3.85%, however, over the last 30 days, the volatility rate increased by 4.28%, as shares surge +15.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.94% upper at present.
During the last 5 trading sessions, FTAI rose by +1.66%, which changed the moving average for the period of 200-days by +189.11% in comparison to the 20-day moving average, which settled at $117.95. In addition, FTAI Aviation Ltd saw 159.68% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FTAI starting from Adams Joseph P. Jr., who purchase 59,000 shares at the price of $82.00 back on May 30 ’24. After this action, Adams Joseph P. Jr. now owns 197,382 shares of FTAI Aviation Ltd, valued at $4,838,000 using the latest closing price.
Stock Fundamentals for FTAI
Current profitability levels for the company are sitting at:
- 0.27 for the present operating margin
- 0.38 for the gross margin
The net margin for FTAI Aviation Ltd stands at -0.02. The total capital return value is set at 0.11. Equity return is now at value -25.67, with -0.69 for asset returns.
Based on FTAI Aviation Ltd (FTAI), the company’s capital structure generated 0.98 points at debt to capital in total, while cash flow to debt ratio is standing at -0.04. The debt to equity ratio resting at 44.24. The interest coverage ratio of the stock is 2.04.
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 11.01. The receivables turnover for the company is 8.99for trailing twelve months and the total asset turnover is 0.4. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.42.
Conclusion
To wrap up, the performance of FTAI Aviation Ltd (FTAI) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
