With over 0.49 million FTAI Aviation Ltd (FTAI) shares trading Friday and a closing price of $46.99 on the day, the dollar volume was approximately $22.82 million. The shares have shown a positive half year performance of 67.46% and its price on 12/22/23 gained nearly 3.12%. Currently, there are 99.72M common shares owned by the public and among those 99.03M shares have been available to trade.
Insiders at the company have transacted a total of 17 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 14 of these insider trades were purchases, accounting for 66,620 shares. Insider sales of the common stock occurred on 3 occasions, with total insider shares sold totaling 10,467 shares.
The top 3 mutual fund holders in FTAI Aviation Ltd are Vanguard Total Stock Market ETF, iShares Russell 2000 ETF, and Vanguard Small Cap Index Fund. Vanguard Total Stock Market ETF owns 2.65 million shares of the company’s stock, all valued at over $109.15 million. The company bought an additional 3705.0 shares recently to bring their total holdings to about 2.64% of the shares outstanding. iShares Russell 2000 ETF bought 1203.0 shares to see its total holdings expand to 2.45 million shares valued at over $100.81 million and representing 2.44% of the shares outstanding. Vanguard Small Cap Index Fund bought 6735.0 shares to bring its total holdings to over 2.19 million shares at a value of $90.35 million. Vanguard Small Cap Index Fund now owns shares totaling to 2.19% of the shares outstanding.
Shares of FTAI Aviation Ltd (NASDAQ: FTAI) opened at $45.87, up $0.3 from a prior closing price of $45.57. However, the script later moved the day high at 47.15, up 3.12%. The company’s stock has a 5-day price change of 6.07% and 37.36% over the past three months. FTAI shares are trading 174.47% year to date (YTD), with the 12-month market performance up to 162.51% higher. It has a 12-month low price of $16.19 and touched a high of $46.14 over the same period. FTAI has an average intraday trading volume of 768.58K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 8.74%, 17.18%, and 41.83% respectively.
Institutional ownership of FTAI Aviation Ltd (NASDAQ: FTAI) shares accounts for 90.95% of the company’s 99.72M shares outstanding. Mutual fund holders own –, while other institutional holders and individual stakeholders account for — and — respectively.
It has a market capitalization of $4.71B and a beta (3y monthly) value of 1.85. The stock’s trailing 12-month PE ratio is 38.71, while the earnings-per-share (ttm) stands at $1.21. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.61% over the week and 2.84% over the month.
Analysts forecast that FTAI Aviation Ltd (FTAI) will achieve an EPS of $0.46 for the current quarter, $0.42 for the next quarter and $2.21 for 2024. The lowest estimate earnings-per-share for the quarter is $0.28 while analysts give the company a high EPS estimate of $0.63. Comparatively, EPS for the current quarter was $0.2 a year ago. Earnings per share for the fiscal year are expected to increase by 207.12%, and 45.82% over the next financial year.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 9 brokerage firm advisors rate FTAI Aviation Ltd (FTAI) as a “Strong Buy” at a consensus score of 1.22. Specifically, 7 Wall Street analysts polled rate the stock as a buy, while 0 of the 9 advise that investors “hold,” and 0 rated it as a “Sell.”
Looking at the support for the FTAI, a number of firms have released research notes about the stock. Wolfe Research stated their Outperform rating for the stock in a research note on June 30, 2023, with the firm’s price target at $38.
