FTAI Aviation (NYSE:FTAI) Price Target Raised to $160.00

FTAI Aviation (NYSE:FTAI) had its price target hoisted by Deutsche Bank Aktiengesellschaft from $125.00 to $160.00 in a report released on Tuesday, Benzinga reports. The firm currently has a buy rating on the financial services provider’s stock.

Several other analysts have also recently weighed in on FTAI. Stifel Nicolaus raised shares of FTAI Aviation from a “hold” rating to a “buy” rating and increased their price target for the company from $69.00 to $132.00 in a research note on Friday, July 26th. StockNews.com raised shares of FTAI Aviation to a “sell” rating in a research note on Friday, August 2nd. Jefferies Financial Group increased their price target on shares of FTAI Aviation from $140.00 to $155.00 and gave the company a “buy” rating in a research note on Monday, September 30th. Morgan Stanley reaffirmed an “underperform” rating on shares of FTAI Aviation in a research report on Friday, October 18th. Finally, BTIG Research assumed coverage on shares of FTAI Aviation in a research report on Monday, August 26th. They set a “buy” rating and a $140.00 price objective for the company. Two analysts have rated the stock with a sell rating, one has issued a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $138.64.

FTAI Aviation Trading Up 0.7 %

FTAI stock opened at $144.24 on Tuesday. The company has a market cap of $14.46 billion, a price-to-earnings ratio of 65.86 and a beta of 2.04. FTAI Aviation has a 12 month low of $34.63 and a 12 month high of $149.74. The firm has a 50-day moving average of $130.23 and a two-hundred day moving average of $103.84.

FTAI Aviation (NYSE:FTAI) last released its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.14). FTAI Aviation had a negative net margin of 1.50% and a positive return on equity of 180.68%. The business had revenue of $443.59 million during the quarter, compared to analyst estimates of $361.92 million. As a group, equities analysts forecast that FTAI Aviation will post 2.13 earnings per share for the current year.

Institutional Investors Weigh In On FTAI Aviation

Hedge funds and other institutional investors have recently modified their holdings of the company. Foundations Investment Advisors LLC raised its stake in FTAI Aviation by 5.8% during the 3rd quarter. Foundations Investment Advisors LLC now owns 2,645 shares of the financial services provider’s stock worth $352,000 after acquiring an additional 145 shares in the last quarter. Hsbc Holdings PLC boosted its holdings in shares of FTAI Aviation by 2.0% in the second quarter. Hsbc Holdings PLC now owns 11,255 shares of the financial services provider’s stock valued at $1,163,000 after acquiring an additional 216 shares in the last quarter. Xponance Inc. boosted its holdings in shares of FTAI Aviation by 4.1% in the second quarter. Xponance Inc. now owns 6,275 shares of the financial services provider’s stock valued at $648,000 after acquiring an additional 248 shares in the last quarter. Arcadia Investment Management Corp MI purchased a new stake in FTAI Aviation during the second quarter worth about $33,000. Finally, Clear Harbor Asset Management LLC boosted its holdings in FTAI Aviation by 1.4% during the third quarter. Clear Harbor Asset Management LLC now owns 24,575 shares of the financial services provider’s stock worth $3,266,000 after buying an additional 350 shares in the last quarter. 88.96% of the stock is currently owned by institutional investors and hedge funds.

FTAI Aviation Company Profile

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.