FTAI Aviation (NYSE:FTAI) Price Target Lowered to $100.00 at Stifel Nicolaus

FTAI Aviation (NYSE:FTAI) had its target price decreased by stock analysts at Stifel Nicolaus from $167.00 to $100.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the financial services provider’s stock. Stifel Nicolaus’ price target would indicate a potential upside of 15.43% from the company’s current price.

FTAI has been the topic of several other research reports. Wolfe Research upgraded shares of FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 price target on the stock in a research note on Friday, January 10th. StockNews.com upgraded shares of FTAI Aviation to a “sell” rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft increased their price target on FTAI Aviation from $125.00 to $160.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. BTIG Research upped their target price on FTAI Aviation from $180.00 to $190.00 and gave the company a “buy” rating in a research note on Tuesday, December 31st. Finally, Citigroup upped their price objective on FTAI Aviation from $134.00 to $165.00 and gave the company a “buy” rating in a research report on Monday, October 28th. Two research analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, FTAI Aviation currently has an average rating of “Moderate Buy” and an average price target of $171.75.

FTAI Aviation Trading Up 3.4 %

NYSE:FTAI traded up $2.84 during trading hours on Wednesday, reaching $86.63. The company had a trading volume of 2,675,208 shares, compared to its average volume of 5,479,801. The firm has a market cap of $8.88 billion, a price-to-earnings ratio of -860.33 and a beta of 2.09. The firm’s 50 day moving average price is $147.90 and its 200-day moving average price is $132.52. FTAI Aviation has a 52 week low of $49.81 and a 52 week high of $181.64.

FTAI Aviation (NYSE:FTAI) last posted its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $0.76 EPS for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.01). The firm had revenue of $465.80 million for the quarter, compared to analysts’ expectations of $422.45 million. FTAI Aviation had a net margin of 1.59% and a return on equity of 206.25%. The firm’s revenue was up 60.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.33 EPS. On average, analysts forecast that FTAI Aviation will post 2.21 earnings per share for the current fiscal year.

Institutional Investors Weigh In On FTAI Aviation

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Brown Brothers Harriman & Co. acquired a new stake in shares of FTAI Aviation during the 3rd quarter worth about $26,000. Anchor Investment Management LLC acquired a new position in shares of FTAI Aviation in the 3rd quarter worth approximately $31,000. Farther Finance Advisors LLC boosted its position in shares of FTAI Aviation by 118.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 349 shares of the financial services provider’s stock worth $46,000 after purchasing an additional 189 shares during the period. USA Financial Formulas acquired a new stake in FTAI Aviation in the 4th quarter valued at approximately $93,000. Finally, Everence Capital Management Inc. purchased a new stake in FTAI Aviation in the fourth quarter valued at approximately $203,000. 88.96% of the stock is currently owned by institutional investors and hedge funds.

About FTAI Aviation

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.