Can Buying FTAI Aviation Ltd (NASDAQ: FTAI) Still Be Worthwhile?

FTAI Aviation Ltd (NASDAQ:FTAI) does about 1.09M shares in volume on a normal day but saw 1025677 shares change hands in Friday trading. The company now has a market cap of 10.60B USD. Its current market price is $105.71, marking a decrease of -1.01% compared to the previous close of $106.79. The 52 week high reached by this stock is $111.02 whilst the lowest price level in 52 weeks is $30.34.

FTAI Aviation Ltd (FTAI) has a 20-day trading average at $94.11 and the current price is -4.78% off the 52-week high compared with 248.42% distance from its 52-week low. The 50-day simple moving average of the closing price is $84.71 and its 200-day simple moving average is $58.04. If we look at the stock’s price movements over the week, volatility stands at 4.63%, which increases to 4.74% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 72.73 to suggest the stock is overbought.

The consensus objective for the share price is $93.09, suggesting that the stock has a potential downside of -13.56% over the period.

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The company shares received a number of brokerage firm price updates over the past month, with the latest being on June 25, 2024 when Jefferies initiated the stock to “Buy” and issued a price target of $120. Stifel downgraded its price target at $40-$59.

FTAI Aviation Ltd (FTAI) stock is up 3.83% over the week and 35.16% over the past month. Its price is 127.82% year-to-date and 241.44% over the past year.

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To reach the target analysts have set, the stock logically needs to shrink -13.56 percent from here.

The company has a return on investment of 7.69% and return on equity of 202.66%. The price to earnings ratio (P/E ratio) amounts to 48.25 while the forward price to earnings ratio is 33.54. The beta has a value of 2.02. Price to book ratio is 59.90 and price to sales ratio is 8.69.

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