FTAI Infrastructure Inc. (FIP) Shares See Highest Trading Level at $3.25

The closing price of FTAI Infrastructure Inc. (NASDAQ: FIP) was $3.25 for the day, down -6.34% from the previous closing price of $3.47. In other words, the price has decreased by -$0.2200 from its previous closing price. On the day, 555466 shares were traded. FIP stock price reached its highest trading level at $3.5550 during the session, while it also had its lowest trading level at $3.2350.

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Ratios:

Our analysis of FIP’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.50 and its Current Ratio is at 1.50. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 2.28.

Upgrades & Downgrades

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FIP now has a Market Capitalization of 291.37M and an Enterprise Value of 1.82B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.12 while its Price-to-Book (P/B) ratio in mrq is 0.60. Its current Enterprise Value per Revenue stands at 6.23 whereas that against EBITDA is -73.95.

Stock Price History:

Over the past 52 weeks, FIP has reached a high of $4.25, while it has fallen to a 52-week low of $2.22. The 50-Day Moving Average of the stock is 2.9711, while the 200-Day Moving Average is calculated to be 2.9044.

Shares Statistics:

FIP traded an average of 493.10K shares per day over the past three months and 339.74k shares per day over the past ten days. A total of 102.79M shares are outstanding, with a floating share count of 99.31M. Insiders hold about 12.40% of the company’s shares, while institutions hold 71.70% stake in the company. Shares short for FIP as of Apr 27, 2023 were 4.71M with a Short Ratio of 4.71M, compared to 6.11M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 4.73% and a Short% of Float of 5.42%.

Dividends & Splits

With its trailing 12-month dividend rate of 0.09, FIP has a forward annual dividend rate of 0.12. Against a Trailing Annual Dividend Yield of 2.59%, it implies a Forward Annual Dividend Yield of 3.70%.

Earnings Estimates

The firm’s stock currently is rated by 0 analysts. The consensus estimate for the next quarter is -$0.18, with high estimates of -$0.18 and low estimates of -$0.18.

Analysts are recommending an EPS of between -$0.6 and -$0.6 for the fiscal current year, implying an average EPS of -$0.6. EPS for the following year is $0.08, with 1 analysts recommending between $0.08 and $0.08.

Revenue Estimates

A total of 1 analysts have provided revenue estimates for FIP’s current fiscal year. The highest revenue estimate was $399M, while the lowest revenue estimate was $399M, resulting in an average revenue estimate of $399M. In the same quarter a year ago, actual revenue was $261.97M, up 52.30% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $541M in the next fiscal year. The high estimate is $541M and the low estimate is $541M. The average revenue growth estimate for next year is up 35.60% from the average revenue estimate for this year.