FTAI Aviation Ltd (NASDAQ: FTAI) is -2.58% lower on its value in year-to-date trading and has touched a low of $54.84 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 $132.95 in the last trading session, with the day’s gains setting it 7.37%.
Currently trading at $140.32, the stock is 18.86% and 12.30% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.09 million and changing 5.54% at the moment leaves the stock 15.87% off its SMA200. FTAI registered 142.35% gain for a year compared to 6-month loss of 15.26%.
The stock witnessed a 53.10% gain in the last 1 month and extending the period to 3 months gives it a -19.80%, and is 11.59% up 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 9.47% over the week and 8.35% over the month.
FTAI Aviation Ltd (FTAI) has around 170 employees, a market worth around $14.39B and $1.56B in sales. Fwd P/E is 20.82. Profit margin for the company is -0.56%. Distance from 52-week low is 155.87% and -22.75% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.26%).
The EPS is expected to grow by 1670.49% this year
The shares outstanding are 102.55M, and float is at 101.09M with Short Float at 5.68%.
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 8.6639 of the shares outstanding. The other top investors are WASHINGTON STATE INVESTMENT BOARD which holds 8.31 million shares representing 8.2283 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.
