For its second fiscal quarter (ending June 30), FTAI Aviation Ltd (NASDAQ: FTAI) has reported a -581% decline in E.P.S. from $0.47 a year ago to $-2.26 in the current quarter. This performance was $-2.72 short of the consensus estimate of $0.46. E.P.S. were $-0.53 for the latest four quarters through June 30 versus $0.78 for the same period a year ago — a decline of -168%.
Recent Price Action
FTAI Aviation Ltd (NASDAQ: FTAI) stock closed at $107.84 on 7/23/24 after a large increase of 2.5%. Moreover, trading volume in this advance was above average at 126% of normal. The stock has risen 6.0% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, FTAI is expected to continue to be a major Value Builder.
FTAI Aviation has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. FTAI Aviation has a slightly negative Appreciation Score of 34 but a very high Power Rating of 100, resulting in the Positive Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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