FTAI Aviation Receives Upgrade to Sell Rating

FTAI Aviation (NYSE:FTAI) was recently upgraded to a "sell" rating by analysts at StockNews.com in a research note made available to clients and investors on Friday.

Recent Analyst Insights

This upgrade is part of a broader conversation surrounding FTAI Aviation, which has seen varying opinions from different analysts. For instance, Royal Bank of Canada reaffirmed an "outperform" rating with a target price set at $160.00 for FTAI shares in a report dated January 22nd. Just prior, on January 10th, Wolfe Research elevated its stance on FTAI Aviation from "peer perform" to "outperform," and defined a target price of $190.00 for the stock.

Barclays also increased their price target for FTAI Aviation, raising it from $135.00 to $180.00 while assigning an "overweight" rating. Moreover, Benchmark Analysts revised their price objective dramatically from $150.00 to $300.00 and classified the stock as a "buy" on November 1st. Another research firm, BTIG, also raised its price goal for FTAI Aviation from $180.00 to $190.00 on December 31st, continuing the trend of bullish sentiments around the stock.

Despite the recent upgrade to a "sell" rating, FTAI Aviation's overall reception remains relatively positive with two analysts issuing "sell" ratings and eleven rating it as a "buy." According to statistics from MarketBeat.com, the stock maintains a consensus rating categorized as a "Moderate Buy" with an average price target of $171.75.

Current Stock Performance

On the trading floor, FTAI Aviation stock experienced a dip of $0.92 during midday trading on Friday, bringing its price to $128.71. A total of 2,157,525 shares were exchanged, which is lower than its average trading volume of 3,880,408 shares. Over the past year, the stock's performance has varied, hitting a low of $54.84 and a high of $181.64. Currently, the stock has a 50-day moving average of $125.10 and a 200-day moving average of $134.10. FTAI Aviation has a market capitalization of approximately $13.20 billion and a price-to-earnings ratio of -1,286.97, with a beta of 2.05, suggesting significant volatility.

Institutional Investments

Institutional investors have been actively managing their holdings in FTAI Aviation as well. Notably, Capital International Investors increased their stake in the company by 39.7% during the last quarter, accumulating 10,677,171 shares worth $1.54 billion after purchasing an additional 3,034,838 shares. Vanguard Group also showed a slight increase of 1.8% in their position, owning 10,547,939 shares valued at $1.52 billion following a purchase of 184,730 additional shares. Additionally, Geode Capital Management raised their stake by 2.7% during the previous quarter, and State Street Corp increased its holdings by 1.7%. Hood River Capital Management lifted its holdings by 8.0% in the latest quarter, which is indicative of institutional confidence in FTAI Aviation, especially with 88.96% of the stock currently owned by institutional investors.

About FTAI Aviation

FTAI Aviation Ltd. specializes in owning and acquiring aviation and offshore energy equipment, facilitating the efficient transportation of goods and individuals globally. The company operates through two primary segments: Aviation Leasing and Aerospace Products. In its Aviation Leasing segment, FTAI owns and manages aircraft assets, which include aircraft and their engines, that it leases and sells to clients.

FTAI, Stocks, Analysis