Jefferies Financial Group Boosts FTAI Aviation (NYSE:FTAI) Price Target to $155.00

FTAI Aviation (NYSE:FTAI) had its price objective hoisted by Jefferies Financial Group from $140.00 to $155.00 in a report issued on Monday, Benzinga reports. The brokerage currently has a “buy” rating on the financial services provider’s stock. Jefferies Financial Group’s price target points to a potential upside of 17.63% from the company’s current price.

Other equities research analysts have also recently issued reports about the company. Deutsche Bank Aktiengesellschaft increased their price objective on FTAI Aviation from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday, July 25th. Benchmark upped their target price on FTAI Aviation from $100.00 to $150.00 and gave the company a “buy” rating in a research note on Friday, August 16th. Compass Point upped their target price on FTAI Aviation from $118.00 to $156.00 and gave the company a “buy” rating in a research note on Friday. Stifel Nicolaus upgraded FTAI Aviation from a “hold” rating to a “buy” rating and upped their target price for the company from $69.00 to $132.00 in a research note on Friday, July 26th. Finally, Wolfe Research lowered FTAI Aviation from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, July 10th. One analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $134.73.

FTAI Aviation Trading Up 1.7 %

FTAI Aviation stock traded up $2.22 during trading hours on Monday, reaching $131.77. 596,876 shares of the company were exchanged, compared to its average volume of 1,012,908. The firm has a market cap of $13.21 billion, a price-to-earnings ratio of 60.09 and a beta of 2.04. The stock has a 50-day moving average of $116.10 and a 200 day moving average of $93.69. FTAI Aviation has a 12 month low of $32.66 and a 12 month high of $132.94.

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

Hedge Funds Weigh In On FTAI Aviation

Hedge funds have recently added to or reduced their stakes in the company. Arcadia Investment Management Corp MI bought a new position in FTAI Aviation in the second quarter valued at about $33,000. Ridgewood Investments LLC bought a new position in FTAI Aviation during the second quarter worth about $59,000. Tucker Asset Management LLC boosted its holdings in FTAI Aviation by 726.5% during the fourth quarter. Tucker Asset Management LLC now owns 1,653 shares of the financial services provider’s stock worth $77,000 after buying an additional 1,453 shares during the last quarter. Kapitalo Investimentos Ltda bought a new position in FTAI Aviation during the fourth quarter worth about $109,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in FTAI Aviation by 165.0% during the first quarter. EverSource Wealth Advisors LLC now owns 2,875 shares of the financial services provider’s stock worth $202,000 after buying an additional 1,790 shares during the last quarter. Institutional investors own 88.96% of the company’s stock.

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.