FTAI Aviation (NASDAQ:FTAI) Upgraded at Zacks Research

Key Points

• FTAI Aviation was upgraded to a "strong-buy" by Zacks Research, and several other firms have raised targets—MarketBeat shows a consensus "Buy" rating with an average price target of about $295.78.
• The company missed quarterly EPS and revenue estimates (EPS $1.08 vs. $1.22 est.; revenue $662.03M vs. $710.37M) but revenue rose 32.7% year‑over‑year and the quarter showed a ~19.98% net margin and a 257.07% return on equity.
• Shares opened at $235.54 (up ~3.2%), the firm has a $24.16 billion market cap and a P/E of 50.98, a one‑year range of $86.84–$323.51, and roughly 88.96% institutional ownership.

FTAI Aviation (NASDAQ:FTAI - Get Free Report) was upgraded by analysts at Zacks Research from a "hold" rating to a "strong-buy" rating in a report issued on Wednesday,Zacks.com reports.

FTAI has been the topic of several other research reports. BTIG Research increased their target price on FTAI Aviation from $335.00 to $340.00 and gave the company a "buy" rating in a research report on Friday, March 13th. Morgan Stanley boosted their price target on FTAI Aviation from $266.00 to $293.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 24th. Royal Bank Of Canada upped their target price on FTAI Aviation from $270.00 to $350.00 and gave the company an "outperform" rating in a research report on Monday, January 26th. Citigroup restated an "outperform" rating on shares of FTAI Aviation in a research note on Thursday, January 29th. Finally, Wolfe Research reaffirmed an "outperform" rating and set a $225.00 price target on shares of FTAI Aviation in a research report on Wednesday, December 31st. One investment analyst has rated the stock with a Strong Buy rating and eleven have given a Buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $295.78.

FTAI Aviation Trading Up 3.2%

NASDAQ:FTAI opened at $235.54 on Wednesday. The firm has a 50-day simple moving average of $260.27 and a 200-day simple moving average of $221.52. FTAI Aviation has a one year low of $86.84 and a one year high of $323.51. The firm has a market cap of $24.16 billion, a P/E ratio of 50.98, a P/E/G ratio of 0.86 and a beta of 1.59. The company has a debt-to-equity ratio of 10.32, a quick ratio of 2.30 and a current ratio of 5.28.

FTAI Aviation (NASDAQ:FTAI - Get Free Report) last released its quarterly earnings data on Wednesday, February 25th. The financial services provider reported $1.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.22 by ($0.14). The business had revenue of $662.03 million for the quarter, compared to the consensus estimate of $710.37 million. FTAI Aviation had a net margin of 19.98% and a return on equity of 257.07%. FTAI Aviation's revenue for the quarter was up 32.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.84 earnings per share. Equities analysts anticipate that FTAI Aviation will post 7.21 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. SJS Investment Consulting Inc. grew its stake in FTAI Aviation by 122.9% in the 1st quarter. SJS Investment Consulting Inc. now owns 107 shares of the financial services provider's stock valued at $26,000 after acquiring an additional 59 shares during the period. Mather Group LLC. acquired a new position in FTAI Aviation during the third quarter worth $28,000. Garton & Associates Financial Advisors LLC acquired a new position in FTAI Aviation during the fourth quarter worth $30,000. Greenline Wealth Management LLC purchased a new position in FTAI Aviation during the fourth quarter valued at $50,000. Finally, Global Retirement Partners LLC lifted its holdings in FTAI Aviation by 880.0% during the third quarter. Global Retirement Partners LLC now owns 343 shares of the financial services provider's stock valued at $57,000 after purchasing an additional 308 shares in the last quarter. 88.96% of the stock is owned by institutional investors and hedge funds.

About FTAI Aviation

FTAI Aviation NASDAQ: FTAI is a commercial aircraft leasing company that acquires, manages and leases wide-body jet aircraft to airlines globally. The company's portfolio is focused on modern, fuel-efficient Boeing models, including the 767, 777 and 787 families, which are deployed under long-term operating leases. By concentrating on in-demand wide-body assets, FTAI Aviation seeks to deliver stable cash flows through lease rentals and maintenance reserve collections while providing airlines with flexible fleet solutions.

In addition to lease origination, FTAI Aviation offers end-to-end asset management services.

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