FTAI Stock Summary and Trading Ideas (Ftai Aviation Ltd. | NASDAQ:FTAI)

FTAI Aviation Ltd is a aerospace company .It owns and maintains commercial jet engines with a focus on CFM56 engines. FTAI owns and leases jet aircraft which often facilitates the acquisition of engines at attractive prices. It invests in aviation assets and aerospace products that generate strong and stable cash flows with the potential for earnings growth and asset appreciation.

Ftai Aviation Ltd. trades on the NASDAQ stock market under the symbol FTAI.

As of October 25, 2024, FTAI stock price climbed to $144.24 with 659,725 million shares trading.

FTAI has a beta of 1.27, meaning it tends to be more sensitive to market movements. FTAI has a correlation of 0.19 to the broad based SPY ETF.

FTAI has a market cap of $14.74 billion. This is considered a Large Cap stock.

Last quarter Ftai Aviation Ltd. reported $444 million in Revenue and $.85 earnings per share. This beat revenue expectation by $81 million and exceeded earnings estimates by $.53.

In the last 3 years, FTAI traded as high as $149.74 and as low as $14.29.

The top ETF exchange traded funds that FTAI belongs to (by Net Assets): VTI, IWM, VB, VXF, VBK.

FTAI has outperformed the market in the last year with a return of +326.5%, while the SPY ETF gained +38.3%. In the last 3 month period, FTAI beat the market returning +32.3%, while SPY returned +7.3%. However, in the most recent 2 weeks FTAI has underperformed the stock market by returning +0.1%, while SPY returned +0.5%.

FTAI support price is $139.89 and resistance is $146.47 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FTAI shares will trade within this expected range on the day.