FTAI Aviation Ltd. (NASDAQ:FTAI – Get Free Report) President David Moreno acquired 2,475 shares of the stock in a transaction that occurred on Friday, July 31st. The shares were bought at an average price of $201.27 per share, for a total transaction of $498,143.25. Following the transaction, the president owned 199,490 shares of the company’s stock, valued at $40,151,352.30. This trade represents a 1.26% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.
FTAI Aviation Trading Down 1.4%
Shares of FTAI stock opened at $221.96 on Wednesday. The company has a current ratio of 5.28, a quick ratio of 2.48 and a debt-to-equity ratio of 8.55. FTAI Aviation Ltd. has a 12-month low of $134.49 and a 12-month high of $323.51. The stock has a market capitalization of $22.80 billion, a P/E ratio of 48.25, a P/E/G ratio of 0.91 and a beta of 1.51. The firm’s 50 day moving average is $237.63 and its 200 day moving average is $252.97.
FTAI Aviation (NASDAQ:FTAI – Get Free Report) last announced its earnings results on Wednesday, July 29th. The financial services provider reported $1.13 earnings per share for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.19). The company had revenue of $953.09 million for the quarter. FTAI Aviation had a net margin of 15.94% and a return on equity of 139.59%. The company’s revenue was up 40.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.57 EPS. Research analysts expect that FTAI Aviation Ltd. will post 6.77 earnings per share for the current year.
FTAI Aviation Dividend Announcement
Key Headlines Impacting FTAI Aviation
Here are the key news stories impacting FTAI Aviation this week:
- Positive Sentiment: BTIG Research lowered its price target for FTAI Aviation from $400 to $350 but maintained a Buy rating. The revised target still implies substantial upside from the referenced share price. Benzinga article
- Positive Sentiment: President David Moreno purchased 2,475 shares for approximately $498,000 at an average price of $201.27, increasing his direct ownership by 1.26% to 199,490 shares. The insider purchase may signal management confidence in the company’s long-term prospects. Insider purchase article
- Positive Sentiment: Analyst sentiment remains favorable: Jefferies reiterated its Buy rating, while the broader analyst consensus is Moderate Buy, with ten Buy ratings and one Hold rating. The company also declared a $0.50-per-share dividend payable August 24 to shareholders of record August 12. Jefferies rating article
- Neutral Sentiment: Institutional investors own approximately 88.96% of FTAI Aviation’s shares, with several major funds increasing their positions. This indicates strong institutional sponsorship but may also contribute to volatility if large holders adjust exposure.
- Negative Sentiment: FTAI Aviation reported quarterly EPS of $1.13, below the $1.32 consensus estimate and down from $1.57 a year earlier. Although revenue rose 40.9% year over year to $953.09 million, the earnings shortfall remains a key near-term concern. FTAI Aviation earnings information
- Negative Sentiment: The BTIG target reduction from $400 to $350 represents a more cautious outlook despite the continued Buy rating. FTAI also trades below both its 50-day and 200-day moving averages, while its elevated debt-to-equity ratio adds financial risk.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on the company. BTIG Research cut their price target on FTAI Aviation from $400.00 to $350.00 and set a “buy” rating for the company in a research note on Tuesday. Weiss Ratings lowered shares of FTAI Aviation from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday. Royal Bank Of Canada reduced their target price on shares of FTAI Aviation from $350.00 to $300.00 and set an “outperform” rating for the company in a report on Monday, July 27th. Deutsche Bank Aktiengesellschaft set a $290.00 price target on shares of FTAI Aviation in a research note on Friday. Finally, Citizens Jmp assumed coverage on FTAI Aviation in a research note on Wednesday, July 15th. They issued a “market outperform” rating and a $375.00 price objective for the company. Nine equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, FTAI Aviation has an average rating of “Moderate Buy” and an average price target of $315.56.
View Our Latest Research Report on FTAI Aviation
Institutional Investors Weigh In On FTAI Aviation
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Doliver Advisors LP purchased a new position in FTAI Aviation during the second quarter valued at approximately $989,000. Handelsbanken Fonder AB raised its position in shares of FTAI Aviation by 2.2% during the 2nd quarter. Handelsbanken Fonder AB now owns 33,320 shares of the financial services provider’s stock valued at $9,014,000 after purchasing an additional 720 shares during the period. Fulton Bank N.A. lifted its stake in shares of FTAI Aviation by 60.3% during the 2nd quarter. Fulton Bank N.A. now owns 3,123 shares of the financial services provider’s stock valued at $845,000 after buying an additional 1,175 shares in the last quarter. Wealth Science Advisors LLC boosted its holdings in FTAI Aviation by 14.1% in the 2nd quarter. Wealth Science Advisors LLC now owns 1,326 shares of the financial services provider’s stock worth $359,000 after buying an additional 164 shares during the period. Finally, Hennion & Walsh Asset Management Inc. purchased a new stake in FTAI Aviation in the 2nd quarter worth $557,000. Institutional investors own 88.96% of the company’s stock.
FTAI Aviation Company Profile
FTAI Aviation (NASDAQ: FTAI) is a commercial aircraft leasing company that acquires, manages and leases wide-body jet aircraft to airlines globally. The company’s portfolio is focused on modern, fuel-efficient Boeing models, including the 767, 777 and 787 families, which are deployed under long-term operating leases. By concentrating on in-demand wide-body assets, FTAI Aviation seeks to deliver stable cash flows through lease rentals and maintenance reserve collections while providing airlines with flexible fleet solutions.
In addition to lease origination, FTAI Aviation offers end-to-end asset management services.
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