With 3.3 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.09 million shares. The 52-week range on FTAI shows that it touched its highest point at $181.64 and its lowest point at $75.06 during that stretch. It currently has a 1-year price target of $169.17. With its current market cap of 10.33 billion, FTAI has annualized dividend of $1.20 while the current yield stands at 1.19%. Beta for the stock currently stands at 1.65.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FTAI was down-trending over the past week, with a drop of -6.90%, but this was down by -3.44% over a month. Three-month performance dropped to -6.89% while six-month performance fell -30.66%. The stock gained 37.64% in the past year, while it has lost -30.05% so far this year. A look at the trailing 12-month EPS for FTAI yields 0.20 with Next year EPS estimates of 6.89. For the next quarter, that number is 1.32. This implies an EPS growth rate of 1590.71% for this year and 44.37% for next year.
Float and Shares Shorts:
At present, 102.56 million FTAI shares are outstanding with a float of 100.77 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FTAI since 8 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.2574 being high and -$0.29172 being low. For FTAI, this leads to a yearly average estimate of -$0.27456. Based on analyst estimates, the high estimate for the next quarter is $1.12 and the low estimate is $0.87. The average estimate for the next quarter is thus $1.02.
