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Investing.com - FTAI Aviation (NASDAQ:FTAI), currently trading at $131.65 with a market capitalization of $13.36 billion, received a reiterated Buy rating and $123.00 price target from Stifel on Wednesday. According to InvestingPro analysis, the company appears to be trading above its Fair Value.
The research firm highlighted FTAI’s strong adjusted EBITDA growth, which beat Stifel’s estimates by $80.3 million (up 33%) and consensus expectations by $63.2 million (up 22%). This performance was primarily driven by gain on sale activities. InvestingPro data shows impressive revenue growth of 58.55% over the last twelve months, with analysts expecting continued sales growth this year.
Asset sales into SCI contributed $30.7 million, while insurance proceeds added $24.2 million, resulting in gain on sale EBITDA of $54.9 million—a $42.4 million beat over estimates. Maintenance revenues reached $73.1 million, exceeding expectations by $25.2 million.
Aerospace EBITDA surpassed Stifel’s projections by $9.8 million (up 6%) and consensus estimates by $16.1 million (up 11%). Margins came in weaker than anticipated at 33.6% compared to consensus expectations of 37.7%.
Despite the significant earnings beat, Stifel noted that concerns about margin sustainability might limit significant stock price movement, though FTAI’s growing scale could potentially outweigh margin compression concerns. InvestingPro maintains a GOOD overall financial health score of 2.53, with additional insights available in the comprehensive Pro Research Report, one of 1,400+ deep-dive analyses available to subscribers.
In other recent news, FTAI Aviation Ltd reported impressive second-quarter earnings that surpassed analyst expectations. The company posted adjusted earnings of $1.57 per share, significantly outpacing the anticipated $1.29 per share. Revenue for the quarter reached $676 million, which was well above the projected $536.76 million. This revenue figure also marks a substantial increase compared to the same period in the previous year. These developments highlight the company’s strong performance and growth trajectory. Analyst reactions to these results were positive, reflecting the company’s ability to exceed market expectations. The robust earnings and revenue results are key highlights for investors considering FTAI Aviation’s recent performance.
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