FTAI Aviation (NASDAQ:FTAI – Free Report) had its price target cut by Royal Bank Of Canada from $300.00 to $250.00 in a report published on Wednesday morning,Benzinga reports. They currently have an outperform rating on the financial services provider’s stock.
Several other equities research analysts have also issued reports on FTAI. Deutsche Bank Aktiengesellschaft set a $290.00 price target on FTAI Aviation in a research note on Friday, July 31st. Weiss Ratings downgraded FTAI Aviation from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, August 3rd. Barclays reduced their price target on FTAI Aviation from $350.00 to $310.00 and set an “overweight” rating for the company in a report on Tuesday, September 15th. Morgan Stanley decreased their price target on FTAI Aviation from $360.00 to $310.00 and set an “overweight” rating for the company in a research note on Friday, October 16th. Finally, Jefferies Financial Group restated a “buy” rating and set a $325.00 target price on shares of FTAI Aviation in a research report on Sunday, August 2nd. Eight 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.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $304.38.
Check Out Our Latest Stock Analysis on FTAI
FTAI Aviation Stock Down 4.5%
FTAI stock opened at $187.27 on Wednesday. The stock has a 50-day simple moving average of $178.97 and a two-hundred day simple moving average of $232.06. The firm has a market capitalization of $19.23 billion, a PE ratio of 37.99, a PEG ratio of 0.98 and a beta of 1.51. FTAI Aviation has a twelve month low of $146.48 and a twelve month high of $323.51. The company has a quick ratio of 2.07, a current ratio of 5.28 and a debt-to-equity ratio of 8.55.
FTAI Aviation (NASDAQ:FTAI – Get Free Report) last posted its earnings results on Thursday, October 29th. The financial services provider reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $1.31 by $0.12. The business had revenue of $977.66 million for the quarter. FTAI Aviation had a net margin of 15.46% and a return on equity of 135.72%. The business’s revenue was up 46.6% on a year-over-year basis. During the same period last year, the company posted $1.10 EPS. On average, equities analysts predict that FTAI Aviation will post 5.48 EPS for the current fiscal year.
Hedge Funds Weigh In On FTAI Aviation
Large investors have recently made changes to their positions in the company. Renaissance Technologies LLC acquired a new stake in shares of FTAI Aviation during the 1st quarter valued at approximately $52,160,000. Sumitomo Mitsui Trust Group Inc. acquired a new stake in FTAI Aviation during the 3rd quarter worth approximately $32,018,000. National Pension Service raised its position in FTAI Aviation by 3,066.6% in the second quarter. National Pension Service now owns 185,245 shares of the financial services provider’s stock valued at $50,114,000 after purchasing an additional 179,395 shares during the period. Weybosset Research & Management LLC purchased a new stake in FTAI Aviation during the 3rd quarter worth $20,086,000. Finally, International Assets Investment Management LLC raised its position in shares of FTAI Aviation by 7,661.9% in the 3rd quarter. International Assets Investment Management LLC now owns 108,744 shares of the financial services provider’s stock valued at $18,164,000 after purchasing an additional 107,343 shares in the last quarter. 88.96% of the stock is currently owned by institutional investors and hedge funds.
Key Headlines Impacting FTAI Aviation
Here are the key news stories impacting FTAI Aviation this week:
- Positive Sentiment: Quarterly results exceeded expectations: FTAI reported third-quarter EPS of $1.43, above the $1.31 consensus estimate, while revenue rose 46.6% year over year to $977.66 million. The earnings beat and continued revenue growth support the bullish case. FTAI Aviation Q3 Earnings and Revenues Beat Estimates
- Positive Sentiment: Buyback expanded: Management announced an additional $500 million share-repurchase authorization, signaling confidence in the company’s outlook and potentially supporting per-share earnings while the stock is weak. FTAI Aviation Earnings Should Put Doubts To Rest
- Positive Sentiment: Growth initiatives are expanding: The aerospace business reportedly delivered approximately 31% EBITDA margins and is targeting about 1,700 modules, implying more than 40% potential revenue growth. FTAI has also secured North American contracts for more than 100 power units for AI data centers, with deliveries scheduled for 2027 and 2028. Jet Engines Can Power AI Data Centers
- Positive Sentiment: Analyst support improved: RBC raised its FTAI price target to $265 from $250 while maintaining an Outperform rating, providing a positive signal for the shares. RBC Raises Price Target on FTAI Aviation
- Neutral Sentiment: Investors remain divided: Some coverage views the stock as reasonably valued despite its large five-year gain, while another RBC-related report highlights a more cautious price outlook. This mixed commentary may increase volatility. Royal Bank of Canada Issues Forecast for FTAI Aviation
- Negative Sentiment: Cash-flow and balance-sheet risks remain: Commentary noted that free cash flow still appears negative, while FTAI carries substantial leverage. Those issues could limit the benefit of strong accounting earnings and buybacks. Why FTAI Aviation Stock Popped
About FTAI Aviation
FTAI Aviation Ltd. is an aviation-focused company that owns, acquires, leases and sells commercial aircraft engines, aircraft and related aviation assets. Its portfolio primarily supports the global narrowbody aircraft market, with a particular focus on widely used engine platforms such as the CFM56 and V2500.
The company provides engine leasing solutions to airlines, aircraft leasing companies and other aviation customers. It also supplies aviation parts and materials and offers maintenance, repair and overhaul-related services.
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