FTAI Aviation Sees Unusually High Options Volume (NASDAQ:FTAI)

FTAI Aviation Ltd. (NASDAQ:FTAI) saw unusually large options trading on Monday. Investors bought 3,544 call options on the company. This is an increase of 27% compared to the average volume of 2,783 call options.

Analyst Ratings Changes

Several research firms have recently issued reports on FTAI. Morgan Stanley reduced their price objective on shares of FTAI Aviation from $360.00 to $310.00 and set an “overweight” rating on the stock in a research report on Friday, October 16th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $325.00 target price on shares of FTAI Aviation in a report on Sunday, August 2nd. Barclays reduced their target price on FTAI Aviation from $350.00 to $310.00 and set an “overweight” rating on the stock in a report on Tuesday, September 15th. Citizens Jmp assumed coverage on FTAI Aviation in a research report on Wednesday, July 15th. They issued a “market outperform” rating and a $375.00 target price on the stock. Finally, Royal Bank Of Canada dropped their price target on FTAI Aviation from $300.00 to $250.00 and set an “outperform” rating for the company in a research note on Wednesday, October 28th. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $304.38.

FTAI Aviation Stock Up 7.5%

Shares of NASDAQ:FTAI traded up $14.06 during trading hours on Monday, hitting $201.33. The company’s stock had a trading volume of 1,037,386 shares, compared to its average volume of 1,548,801. The firm’s fifty day moving average price is $178.97 and its 200 day moving average price is $232.06. The company has a debt-to-equity ratio of 8.55, a current ratio of 5.28 and a quick ratio of 2.07. The company has a market capitalization of $20.68 billion, a price-to-earnings ratio of 40.84, a P/E/G ratio of 0.93 and a beta of 1.51. FTAI Aviation has a 52 week low of $146.48 and a 52 week high of $323.51.

FTAI Aviation (NASDAQ:FTAI) last posted its quarterly earnings data on Thursday, October 29th. The financial services provider reported $1.43 EPS for the quarter, topping the consensus estimate of $1.31 by $0.12. The firm had revenue of $977.66 million during the quarter. FTAI Aviation had a net margin of 15.46% and a return on equity of 135.72%. The company’s revenue was up 46.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.10 EPS. As a group, research analysts expect that FTAI Aviation will post 5.48 EPS for the current year.

Hedge Funds Weigh In On FTAI Aviation

Institutional investors have recently modified their holdings of the stock. Root Financial Partners LLC grew its holdings in FTAI Aviation by 40.9% in the first quarter. Root Financial Partners LLC now owns 155 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 45 shares during the period. Compound Planning Inc. boosted its holdings in shares of FTAI Aviation by 2.7% during the 1st quarter. Compound Planning Inc. now owns 2,287 shares of the financial services provider’s stock worth $560,000 after purchasing an additional 60 shares during the last quarter. Meeder Asset Management Inc. grew its holdings in FTAI Aviation by 142.2% in the 1st quarter. Meeder Asset Management Inc. now owns 109 shares of the financial services provider’s stock valued at $27,000 after buying an additional 64 shares in the last quarter. SBI Securities Co. Ltd. increased its position in FTAI Aviation by 55.7% during the third quarter. SBI Securities Co. Ltd. now owns 179 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 64 shares during the last quarter. Finally, Abel Hall LLC increased its holdings in shares of FTAI Aviation by 6.2% during the 1st quarter. Abel Hall LLC now owns 1,362 shares of the financial services provider’s stock worth $334,000 after buying an additional 79 shares during the last quarter. Hedge funds and other institutional investors own 88.96% of the company’s stock.

FTAI Aviation Company Profile

FTAI Aviation Ltd. is an aviation-focused company that owns, acquires, leases and sells commercial aircraft engines, aircraft and related aviation assets. Its portfolio primarily supports the global narrowbody aircraft market, with a particular focus on widely used engine platforms such as the CFM56 and V2500.

The company provides engine leasing solutions to airlines, aircraft leasing companies and other aviation customers. It also supplies aviation parts and materials and offers maintenance, repair and overhaul-related services.