FTAI Aviation (FTAI) Set to Announce Earnings on Wednesday

FTAI Aviation (NYSE:FTAI) will announce its earnings results after the market closes on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.77 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

FTAI Aviation Stock Down 1.2 %

NYSE:FTAI opened at $142.51 on Tuesday. The business’s 50-day simple moving average is $130.78 and its two-hundred day simple moving average is $104.80. FTAI Aviation has a 52 week low of $36.25 and a 52 week high of $149.74. The stock has a market cap of $14.29 billion, a PE ratio of 65.07 and a beta of 2.04.

Wall Street Analysts Forecast Growth

FTAI has been the topic of several recent analyst reports. Citigroup lifted their target price on FTAI Aviation from $134.00 to $165.00 and gave the company a “buy” rating in a research note on Monday. JMP Securities boosted their target price on shares of FTAI Aviation from $90.00 to $132.00 and gave the stock a “market outperform” rating in a report on Thursday, July 25th. Deutsche Bank Aktiengesellschaft raised their target price on shares of FTAI Aviation from $125.00 to $160.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. StockNews.com upgraded shares of FTAI Aviation to a “sell” rating in a research note on Friday, August 2nd. Finally, Benchmark raised their price objective on FTAI Aviation from $100.00 to $150.00 and gave the company a “buy” rating in a research report on Friday, August 16th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat, FTAI Aviation has a consensus rating of “Moderate Buy” and a consensus price target of $144.64.

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.