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In other words, the price has increased by $0.00 from its previous closing price. On the day, 0.72 million shares were traded. FIP stock price reached its highest trading level at $9.03 during the session, while it also had its lowest trading level at $8.83.
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 2.07 and its Current Ratio is at 2.07. In the meantime, Its Debt-to-Equity ratio is 2.15 whereas as Long-Term Debt/Eq ratio is at 2.14.
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.
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 941194240 and an Enterprise Value of 2782158848. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.86 while its Price-to-Book (P/B) ratio in mrq is 2.31. Its current Enterprise Value per Revenue stands at 8.442 whereas that against EBITDA is 55.43.
Stock Price History:
Over the past 52 weeks, FIP has reached a high of $10.45, while it has fallen to a 52-week low of $2.84. The 50-Day Moving Average of the stock is 0.28%, while the 200-Day Moving Average is calculated to be 47.90%.
Shares Statistics:
FIP traded an average of 1.58M shares per day over the past three months and 1969300 shares per day over the past ten days. A total of 105.04M shares are outstanding, with a floating share count of 103.40M. Insiders hold about 1.57% of the company’s shares, while institutions hold 76.91% stake in the company. Shares short for FIP as of 1721001600 were 5591551 with a Short Ratio of 3.78, compared to 1718323200 on 5284509. Therefore, it implies a Short% of Shares Outstanding of 5591551 and a Short% of Float of 6.329999999999999.
Dividends & Splits
With its trailing 12-month dividend rate of 0.12, FIP has a forward annual dividend rate of 0.12. Against a Trailing Annual Dividend Yield of 0.0134378495
Earnings Estimates
The dynamic stock of FTAI Infrastructure Inc (FIP) is currently being evaluated by a team of 2.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is -$0.34, with high estimates of -$0.29 and low estimates of -$0.38.
Analysts are recommending an EPS of between -$1.49 and -$1.88 for the fiscal current year, implying an average EPS of -$1.68. EPS for the following year is -$1.15, with 2.0 analysts recommending between -$1.11 and -$1.2.
Revenue Estimates
For the next quarter, 2 analysts are estimating revenue of $98.25M. There is a high estimate of $99.8M for the next quarter, whereas the lowest estimate is $96.7M.
A total of 2 analysts have provided revenue estimates for FIP’s current fiscal year. The highest revenue estimate was $359.7M, while the lowest revenue estimate was $353.8M, resulting in an average revenue estimate of $356.75M. In the same quarter a year ago, actual revenue was $320.47MBased on 2 analysts’ estimates, the company’s revenue will be $436.65M in the next fiscal year. The high estimate is $445.3M and the low estimate is $428M.
