Get a deeper insight into the potential performance of FTAI Aviation (FTAI) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
After reaching an important support level, FTAI Aviation (FTAI) could be a good stock pick from a technical perspective. FTAI surpassed resistance at the 50-day moving average, suggesting a short-term bullish trend.
FTAI Aviation (FTAI) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, FTAI broke through the 200-day moving average, which suggests a long-term bullish trend.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Sheila Kahyaoglu, Jefferies Aerospace & Defense analyst, joins 'Fast Money' to talk FTAI Aviation and how to play the stock after short report shock.
FTAI Aviation is not a pure leasing or MRO play and that affects how the company should be valued. The company focuses on value addition and extraction from aircraft engines with limited remaining life. The book value suggests overvaluation, but using EV/EBITDA multiples, the FTAI stock price target is $165.
FTAI Aviation (FTAI) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
FTAI Aviation stock (NASDAQ: FTAI), an aircraft leasing company, saw a sharp 24% fall on Wednesday, Jan 15. This can be attributed to a report published by Muddy Waters Research alleging that FTAI manipulates its financials.
After Muddy Waters Research released a short report today alleging that FTAI Aviation has been deceptive about its accounting practices, Citi analyst Stephen Trent notes that this has led to "a knee-jerk share price response" in shares on Wednesday afternoon. However, looking through Muddy Waters' report, "some of the key arguments seem a little hard to understand," says the analyst, who has a Buy rating on FTAI, which is down about 27% to $112.31 in late day trading.
FTAI Aviation: Innovative Business Model
Wolfe Research upgraded FTAI Aviation to Outperform from Peer Perform with a $190 price target.
Buying growth stocks gives investors the potential to outperform popular benchmarks like the S&P 500 and the Nasdaq Composite.