FTAI Infrastructure (NASDAQ:FIP) Upgraded at Wall Street Zen

FTAI Infrastructure (NASDAQ:FIP) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Saturday.

A number of other equities research analysts have also recently weighed in on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of FTAI Infrastructure in a research note on Thursday, January 22nd. BTIG Research restated a “buy” rating and set a $10.00 target price on shares of FTAI Infrastructure in a report on Friday. Two equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, FTAI Infrastructure presently has a consensus rating of “Hold” and a consensus target price of $11.00.

FTAI Infrastructure Price Performance

Shares of FIP opened at $5.80 on Friday. The firm has a 50-day simple moving average of $5.60 and a two-hundred day simple moving average of $5.09. The stock has a market cap of $674.48 million, a PE ratio of -2.52 and a beta of 1.86. FTAI Infrastructure has a 1-year low of $3.10 and a 1-year high of $7.93. The company has a debt-to-equity ratio of 110.28, a current ratio of 0.25 and a quick ratio of 0.25.

FTAI Infrastructure (NASDAQ:FIP) last posted its quarterly earnings data on Thursday, February 26th. The company reported ($1.08) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.43) by ($0.65). The company had revenue of $143.52 million for the quarter, compared to analysts’ expectations of $169.16 million. FTAI Infrastructure had a negative return on equity of 82.60% and a negative net margin of 31.93%.

Institutional Trading of FTAI Infrastructure

A number of institutional investors have recently bought and sold shares of FIP. Envestnet Asset Management Inc. purchased a new position in shares of FTAI Infrastructure in the 2nd quarter valued at about $170,000. Bessemer Group Inc. increased its stake in FTAI Infrastructure by 14,492.8% in the second quarter. Bessemer Group Inc. now owns 10,069 shares of the company’s stock valued at $62,000 after purchasing an additional 10,000 shares during the last quarter. Y Intercept Hong Kong Ltd raised its holdings in FTAI Infrastructure by 423.5% during the second quarter. Y Intercept Hong Kong Ltd now owns 147,334 shares of the company’s stock worth $909,000 after purchasing an additional 119,192 shares in the last quarter. First Eagle Investment Management LLC raised its holdings in FTAI Infrastructure by 35.1% during the second quarter. First Eagle Investment Management LLC now owns 1,738,171 shares of the company’s stock worth $10,725,000 after purchasing an additional 451,930 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID purchased a new stake in shares of FTAI Infrastructure during the 2nd quarter worth approximately $204,000. 87.43% of the stock is owned by hedge funds and other institutional investors.

FTAI Infrastructure News Roundup

Here are the key news stories impacting FTAI Infrastructure this week:

• Positive Sentiment: BTIG Research reaffirmed a “buy” rating and set a $10.00 price target (large upside from current levels), which could attract buyers looking for upside. BTIG Buy Rating (Benzinga)
• Positive Sentiment: The board declared a quarterly cash dividend of $0.03/share (annualized yield ~2.0%; ex-dividend March 13), a modest income signal that may support investor interest. Dividend Announcement (Business Insider / GlobeNewswire)
• Neutral Sentiment: Earnings call presentation and slides were posted for investors to review full commentary and segment detail—useful for digging into drivers of the miss and management outlook. Earnings Call Presentation (Seeking Alpha)
• Neutral Sentiment: Company press release and slide deck are available for full financials and management commentary (no guidance change published in headlines). Press Release / Slide Deck (MarketBeat / Quartr)
• Negative Sentiment: Material earnings miss: EPS of ($1.08) missed consensus by $0.65; this large shortfall raises near-term profitability concerns. Earnings Miss Details (MarketBeat)
• Negative Sentiment: Revenue missed estimates ($143.52M vs. $169.16M est.), reinforcing the view that top-line weakness is driving the quarter’s poor results. Revenue Miss (Yahoo Finance)

FTAI Infrastructure Company Profile

FTAI Infrastructure Ltd (NASDAQ: FIP) is a closed-end investment company that acquires and manages infrastructure assets offering stable, long-term cash flows. The company targets core and core-plus infrastructure sectors with contracted or regulated revenue streams, aiming to deliver attractive risk-adjusted returns for its shareholders. FTAI Infrastructure’s portfolio is diversified across multiple sub-sectors, geographies and counterparties to manage risk and capture growth opportunities in global infrastructure markets.

The company focuses on three primary investment categories: communications infrastructure, transport and logistics infrastructure, and utility infrastructure.