StockNews.com Upgrades FTAI Aviation (NYSE:FTAI) to “Sell”

FTAI Aviation (NYSE:FTAI) was upgraded by equities research analysts at StockNews.com to a “sell” rating in a report released on Tuesday.

Several other brokerages also recently commented on FTAI. Stifel Nicolaus lifted their target price on shares of FTAI Aviation from $156.00 to $167.00 and gave the stock a “buy” rating in a research note on Tuesday, December 31st. Citigroup upped their price objective on shares of FTAI Aviation from $134.00 to $165.00 and gave the company a “buy” rating in a research note on Monday, October 28th. Deutsche Bank Aktiengesellschaft raised their target price on FTAI Aviation from $125.00 to $160.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. Barclays upped their price target on FTAI Aviation from $135.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, December 4th. Finally, BTIG Research lifted their price objective on FTAI Aviation from $180.00 to $190.00 and gave the stock a “buy” rating in a research report on Tuesday, December 31st. Two research analysts have rated the stock with a sell rating and eleven have given a buy rating to the company. According to data from MarketBeat, FTAI Aviation has an average rating of “Moderate Buy” and a consensus price target of $171.75.

FTAI Aviation Stock Performance

FTAI stock opened at $91.99 on Tuesday. The firm has a market cap of $9.43 billion, a P/E ratio of -919.81 and a beta of 2.09. The firm’s fifty day moving average is $146.49 and its 200 day moving average is $132.23. FTAI Aviation has a 52 week low of $49.81 and a 52 week high of $181.64.

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

Institutional Investors Weigh In On FTAI Aviation

Several hedge funds have recently bought and sold shares of the business. Orion Portfolio Solutions LLC increased its holdings in shares of FTAI Aviation by 2.9% during the third quarter. Orion Portfolio Solutions LLC now owns 3,634 shares of the financial services provider’s stock valued at $483,000 after acquiring an additional 102 shares in the last quarter. Merit Financial Group LLC increased its stake in FTAI Aviation by 2.5% during the 4th quarter. Merit Financial Group LLC now owns 4,256 shares of the financial services provider’s stock valued at $613,000 after purchasing an additional 105 shares in the last quarter. MML Investors Services LLC raised its holdings in FTAI Aviation by 6.3% in the third quarter. MML Investors Services LLC now owns 2,166 shares of the financial services provider’s stock worth $288,000 after buying an additional 129 shares during the last quarter. Foundations Investment Advisors LLC lifted its stake in shares of FTAI Aviation by 5.8% in the third quarter. Foundations Investment Advisors LLC now owns 2,645 shares of the financial services provider’s stock worth $352,000 after buying an additional 145 shares in the last quarter. Finally, Nisa Investment Advisors LLC grew its holdings in shares of FTAI Aviation by 7.2% during the fourth quarter. Nisa Investment Advisors LLC now owns 2,405 shares of the financial services provider’s stock valued at $346,000 after buying an additional 161 shares during the last quarter. 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.