For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of FTAI Infrastructure Inc (NASDAQ: FIP) closed at $4.97 in the last session, down -7.28% from day before closing price of $5.36. In other words, the price has decreased by -$7.28 from its previous closing price. On the day, 1.01 million shares were traded. FIP stock price reached its highest trading level at $5.43 during the session, while it also had its lowest trading level at $4.93.
Ratios:
We take a closer look at FIP’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 0.86. In the meantime, Its Debt-to-Equity ratio is 2.84 whereas as Long-Term Debt/Eq ratio is at 2.74.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, JMP Securities on June 26, 2024, initiated with a Mkt Outperform rating and assigned the stock a target price of $11.
On April 18, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $10.
On September 21, 2022, Compass Point started tracking the stock assigning a Buy rating and target price of $7.Compass Point initiated its Buy rating on September 21, 2022, with a $7 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 09 ’24 when FIG Buyer GP, LLC sold 3,399,501 shares for $9.04 per share. The transaction valued at 30,731,489 led to the insider holds 8,418,561 shares of the business.
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 610728512 and an Enterprise Value of 2460111104. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.71 while its Price-to-Book (P/B) ratio in mrq is 2.79. Its current Enterprise Value per Revenue stands at 7.421 whereas that against EBITDA is 30.086.
Stock Price History:
The Beta on a monthly basis for FIP is 1.72, which has changed by -0.19838709 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, FIP has reached a high of $10.45, while it has fallen to a 52-week low of $4.73. The 50-Day Moving Average of the stock is -19.80%, while the 200-Day Moving Average is calculated to be -38.98%.
Shares Statistics:
According to the various share statistics, FIP traded on average about 1.14M shares per day over the past 3-months and 1102080 shares per day over the past 10 days. A total of 113.93M shares are outstanding, with a floating share count of 112.82M. Insiders hold about 0.99% of the company’s shares, while institutions hold 84.06% stake in the company. Shares short for FIP as of 1740700800 were 12533178 with a Short Ratio of 10.98, compared to 1738281600 on 8706749. Therefore, it implies a Short% of Shares Outstanding of 12533178 and a Short% of Float of 12.46.
Dividends & Splits
The forward annual dividend rate for FIP is 0.15, which was 0.12 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.022388058
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
Revenue Estimates
According to 3 analysts, the current quarter’s revenue is expected to be $107.84M. It ranges from a high estimate of $119.8M to a low estimate of $99.73M. As of the current estimate, FTAI Infrastructure Inc’s year-ago sales were $82.53MFor the next quarter, 3 analysts are estimating revenue of $137.2M. There is a high estimate of $144M for the next quarter, whereas the lowest estimate is $130.3M.
A total of 3 analysts have provided revenue estimates for FIP’s current fiscal year. The highest revenue estimate was $587M, while the lowest revenue estimate was $542.7M, resulting in an average revenue estimate of $557.47M. In the same quarter a year ago, actual revenue was $331.5MBased on 3 analysts’ estimates, the company’s revenue will be $704.83M in the next fiscal year. The high estimate is $793M and the low estimate is $651.7M.
