Fintel reports that on September 14, 2023, Compass Point maintained coverage of FTAI Aviation Ltd - (NYSE:FTAI) with a Buy recommendation.
Analyst Price Forecast Suggests 3.60% Upside
As of August 31, 2023, the average one-year price target for FTAI Aviation Ltd - is 37.61. The forecasts range from a low of 28.28 to a high of $47.25. The average price target represents an increase of 3.60% from its latest reported closing price of 36.30.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for FTAI Aviation Ltd - is 938MM, a decrease of 12.51%. The projected annual non-GAAP EPS is 2.68.
What is the Fund Sentiment?
There are 362 funds or institutions reporting positions in FTAI Aviation Ltd -. This is an increase of 100 owner(s) or 38.17% in the last quarter. Average portfolio weight of all funds dedicated to FTAI is 0.91%, a decrease of 0.96%. Total shares owned by institutions increased in the last three months by 5.70% to 99,629K shares.
The put/call ratio of FTAI is 0.68, indicating a bullish outlook.
What are Other Shareholders Doing?
Washington State Investment Board holds 9,786K shares representing 9.81% ownership of the company. In it's prior filing, the firm reported owning 11,786K shares, representing a decrease of 20.44%. The firm decreased its portfolio allocation in FTAI by 2.90% over the last quarter.
Frontier Capital Management Co holds 3,999K shares representing 4.01% ownership of the company. In it's prior filing, the firm reported owning 3,426K shares, representing an increase of 14.32%. The firm increased its portfolio allocation in FTAI by 22.45% over the last quarter.
Hood River Capital Management holds 3,537K shares representing 3.55% ownership of the company. In it's prior filing, the firm reported owning 3,513K shares, representing an increase of 0.69%. The firm increased its portfolio allocation in FTAI by 4.78% over the last quarter.
Broad Bay Capital Management holds 3,000K shares representing 3.01% ownership of the company. In it's prior filing, the firm reported owning 3,500K shares, representing a decrease of 16.67%. The firm decreased its portfolio allocation in FTAI by 4.60% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 2,638K shares representing 2.64% ownership of the company. In it's prior filing, the firm reported owning 2,629K shares, representing an increase of 0.33%. The firm increased its portfolio allocation in FTAI by 4.82% over the last quarter.
FTAI Aviation Background Information
(This description is provided by the company.)
Fortress Transportation and Infrastructure Investors LLC owns and acquires high quality infrastructure and equipment that is essential for the transportation of goods and people globally. FTAI targets assets that, on a combined basis, generate strong and stable cash flows with the potential for earnings growth and asset appreciation. FTAI is externally managed by an affiliate of Fortress Investment Group LLC, a leading, diversified global investment firm.
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