FTAI Aviation (NYSE:FTAI) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says

FTAI Aviation (NYSE:FTAI) had its price objective increased by investment analysts at Stifel Nicolaus from $156.00 to $167.00 in a note issued to investors on Tuesday,Benzinga reports. The firm currently has a “buy” rating on the financial services provider’s stock. Stifel Nicolaus’ price objective would suggest a potential upside of 15.94% from the company’s current price.

Other research analysts have also recently issued reports about the company. Citigroup raised their target price on FTAI Aviation from $134.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, October 28th. Compass Point lifted their target price on shares of FTAI Aviation from $175.00 to $181.00 and gave the company a “buy” rating in a research report on Tuesday, December 17th. Benchmark increased their price target on shares of FTAI Aviation from $150.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Barclays lifted their price objective on FTAI Aviation from $135.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday, December 4th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $160.00 target price on shares of FTAI Aviation in a report on Friday, November 1st. Two analysts have rated the stock with a sell rating, one has given a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $176.18.

FTAI Aviation Stock Performance

Shares of FTAI opened at $144.04 on Tuesday. The company has a 50-day simple moving average of $149.24 and a 200-day simple moving average of $128.12. FTAI Aviation has a 52 week low of $44.65 and a 52 week high of $177.18. The firm has a market capitalization of $14.77 billion, a P/E ratio of -1,440.26 and a beta of 2.06.

FTAI Aviation (NYSE:FTAI) last issued its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.77 by ($0.01). FTAI Aviation had a net margin of 1.59% and a return on equity of 206.25%. The firm had revenue of $465.80 million for the quarter, compared to the consensus estimate of $422.45 million. During the same quarter in the prior year, the firm earned $0.33 earnings per share. The company’s revenue was up 60.0% on a year-over-year basis. As a group, equities analysts forecast that FTAI Aviation will post 2.21 earnings per share for the current year.

Institutional Trading of FTAI Aviation

Several large investors have recently made changes to their positions in the business. Brown Brothers Harriman & Co. bought a new position in shares of FTAI Aviation in the third quarter valued at about $26,000. Anchor Investment Management LLC bought a new position in shares of FTAI Aviation in the third quarter worth about $31,000. Arcadia Investment Management Corp MI acquired a new position in shares of FTAI Aviation during the second quarter worth approximately $33,000. Farther Finance Advisors LLC grew its stake in shares of FTAI Aviation by 118.1% during the third quarter. Farther Finance Advisors LLC now owns 349 shares of the financial services provider’s stock valued at $46,000 after purchasing an additional 189 shares during the last quarter. Finally, Raymond James Trust N.A. acquired a new stake in shares of FTAI Aviation in the third quarter valued at approximately $200,000. Institutional investors own 88.96% of the company’s stock.

FTAI Aviation Company Profile

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.