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

FTAI Aviation (NYSE:FTAI) had its price target decreased by investment analysts at Stifel Nicolaus from $167.00 to $100.00 in a report released on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the financial services provider’s stock. Stifel Nicolaus’ target price indicates a potential downside of 1.48% from the company’s previous close.

Other research analysts have also recently issued reports about the stock. Barclays lifted their price objective on shares of FTAI Aviation from $135.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, December 4th. Deutsche Bank Aktiengesellschaft boosted their price target on FTAI Aviation from $125.00 to $160.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. Wolfe Research upgraded FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 price objective for the company in a research report on Friday, January 10th. Citigroup increased their target price on shares of FTAI Aviation from $134.00 to $165.00 and gave the stock a “buy” rating in a report on Monday, October 28th. Finally, BTIG Research lifted their price target on shares of FTAI Aviation from $180.00 to $190.00 and gave the company a “buy” rating in a report on Tuesday, December 31st. Two equities research analysts have rated the stock with a sell rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $171.75.

FTAI Aviation Price Performance

FTAI Aviation stock opened at $101.50 on Wednesday. The stock’s fifty day moving average price is $145.37 and its two-hundred day moving average price is $132.02. The firm has a market cap of $10.41 billion, a PE ratio of -1,014.90 and a beta of 2.09. FTAI Aviation has a one year low of $50.44 and a one year high of $181.64.

FTAI Aviation (NYSE:FTAI) last posted its quarterly earnings results 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). FTAI Aviation had a net margin of 1.59% and a return on equity of 206.25%. The company had revenue of $465.80 million during the quarter, compared to analyst estimates of $422.45 million. During the same period last year, the firm earned $0.33 EPS. The firm’s revenue for the quarter was up 60.0% compared to the same quarter last year. Sell-side analysts expect that FTAI Aviation will post 2.21 earnings per share for the current fiscal year.

Institutional Trading of FTAI Aviation

A number of institutional investors and hedge funds have recently bought and sold shares of FTAI. Ibex Wealth Advisors acquired a new position in FTAI Aviation during the 4th quarter worth about $3,518,000. Vantage Investment Partners LLC boosted its holdings in FTAI Aviation by 21.2% in the fourth quarter. Vantage Investment Partners LLC now owns 298,778 shares of the financial services provider’s stock valued at $43,036,000 after acquiring an additional 52,207 shares during the last quarter. Verde Servicos Internacionais S.A. acquired a new stake in FTAI Aviation during the 4th quarter valued at approximately $9,776,000. KBC Group NV raised its holdings in FTAI Aviation by 53.0% during the 4th quarter. KBC Group NV now owns 4,138 shares of the financial services provider’s stock worth $596,000 after purchasing an additional 1,433 shares during the last quarter. Finally, Zweig DiMenna Associates LLC bought a new position in FTAI Aviation during the 4th quarter worth approximately $12,540,000. 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.