FTAI Aviation Ltd (NASDAQ: FTAI) is -36.84% lower on its value in year-to-date trading and has touched a low of $50.44 and a high of $181.64 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FTAI stock was last observed hovering at around $101.50 in the last trading session, with the day’s loss setting it -10.52%.
Currently trading at $90.98, the stock is -31.28% and -37.56% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.37 million and changing -10.36% at the moment leaves the stock -21.79% off its SMA200. FTAI registered 80.87% gain for a year compared to 6-month gain of -16.72%. The firm has a 50-day simple moving average (SMA 50) of $145.7155 and a 200-day simple moving average (SMA200) of $116.3323.
The stock witnessed a -31.85% loss in the last 1 month and extending the period to 3 months gives it a -35.12%, and is -24.18% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 14.76% over the week and 11.52% over the month.
FTAI Aviation Ltd (FTAI) has around 170 employees, a market worth around $9.33B and $1.56B in sales. Fwd P/E is 17.59. Profit margin for the company is -0.56%. Distance from 52-week low is 80.37% and -49.91% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.26%).
The EPS is expected to shrink by -112.86% this year.
FTAI Aviation Ltd (FTAI) Top Institutional Holders
523.0 institutions hold shares in FTAI Aviation Ltd (FTAI), with institutional investors hold 109.84% of the company’s shares. The shares outstanding are 102.55M, and float is at 101.10M with Short Float at 3.79%. Institutions hold 108.25% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 9.78 million shares valued at $1.01 billion. The investor’s holdings represent 9.7565% of the FTAI Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 8.75 million shares valued at $902.95 million to account for 8.7255 of the shares outstanding. The other top investors are WASHINGTON STATE INVESTMENT BOARD which holds 8.31 million shares representing 8.2868% and valued at over $857.55 million, while BLACKROCK INC. holds 7.1459 of the shares totaling 7.16 million with a market value of $739.49 million.
FTAI Aviation Ltd (FTAI) Insider Activity
The most recent transaction is an insider sale by GOODWIN PAUL R, the company’s Director. SEC filings show that GOODWIN PAUL R sold 20,000 shares of the company’s common stock on Nov 22 ’24 at a price of $174.36 per share for a total of $3.49 million. Following the sale, the insider now owns 93413.0 shares.
FTAI Aviation Ltd disclosed in a document filed with the SEC on May 30 ’24 that Adams Joseph P. Jr. (CEO and Chairman) bought a total of 59,000 shares of the company’s common stock. The trade occurred on May 30 ’24 and was made at $82.00 per share for $4.84 million. Following the transaction, the insider now directly holds 0.2 million shares of the FTAI stock.
