FTAI Aviation Ltd (NASDAQ:FTAI) shares traded 3.38% higher at $120.00 on Wall Street last session.
FTAI stock price is now -20.40% away from the 50-day moving average and 3.73% away from the 200-day moving average. The market capitalization of the company currently stands at $12.31B.
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With the price target maintained at $190, Wolfe Research recently Upgraded its rating from Peer Perform to Outperform for FTAI Aviation Ltd (NASDAQ: FTAI). On December 31, 2024, BTIG Research reiterated its ‘Buy’ rating on the stock by increasing its target price from $180 to quote $190, while ‘Stifel’ rates the stock as ‘Buy’
In other news, GOODWIN PAUL R, Director sold 20,000 shares of the company’s stock on Nov 22 ’24. The stock was sold for $3,487,200 at an average price of $174.36. Upon completion of the transaction, the Director now directly owns 93,413 shares in the company, valued at $11.21 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 30 ’24, CEO and Chairman Adams Joseph P. Jr. bought 59,000 shares of the business’s stock. A total of $4,838,000 was incurred on buying the stock at an average price of $82.00. This leaves the insider owning 197,382 shares of the company worth $23.69 million. A total of 1.41% of the company’s stock is owned by insiders.
During the past 12 months, FTAI Aviation Ltd has had a low of $47.21 and a high of $181.64. As of last week, the company has a debt-to-equity ratio of 27.15, a current ratio of 3.91, and a quick ratio of 1.42. The fifty day moving average price for FTAI is $151.2079 and a two-hundred day moving average price translates $115.42435 for the stock.
The latest earnings results from FTAI Aviation Ltd (NASDAQ: FTAI) was released for 2024-09-30. The net profit margin was -0.56% and return on equity was 23.09% for FTAI. The company reported revenue of $465.79 million for the quarter, compared to $291.1 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 60.01 percent. For the current quarter, analysts expect FTAI to generate $518.5M in revenue.
