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The closing price of FTAI Infrastructure Inc (NASDAQ: FIP) was $7.24 for the day, down -2.43% from the previous closing price of $7.42. In other words, the price has decreased by -$2.43 from its previous closing price. On the day, 1.04 million shares were traded. FIP stock price reached its highest trading level at $7.41 during the session, while it also had its lowest trading level at $7.18.
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 1.23 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 1.74 whereas as Long-Term Debt/Eq ratio is at 1.73.
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, BTIG Research on April 18, 2024, initiated with a Buy rating and assigned the stock a target price of $10.
On September 21, 2022, Compass Point started tracking the stock assigning a Buy rating and target price of $7.
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 736264512 and an Enterprise Value of 2371267328. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.30 while its Price-to-Book (P/B) ratio in mrq is 1.50. Its current Enterprise Value per Revenue stands at 7.399 whereas that against EBITDA is 60.081.
Stock Price History:
The Beta on a monthly basis for FIP is 1.58, which has changed by 1.2984128 over the last 52 weeks, in comparison to a change of 0.23099434 over the same period for the S&P500. Over the past 52 weeks, FIP has reached a high of $7.80, while it has fallen to a 52-week low of $2.77. The 50-Day Moving Average of the stock is 22.32%, while the 200-Day Moving Average is calculated to be 73.27%.
Shares Statistics:
FIP traded an average of 829.54K shares per day over the past three months and 1362750 shares per day over the past ten days. A total of 100.59M shares are outstanding, with a floating share count of 100.11M. Insiders hold about 1.56% of the company’s shares, while institutions hold 78.85% stake in the company. Shares short for FIP as of 1713139200 were 3105940 with a Short Ratio of 3.74, compared to 1710460800 on 3954160. Therefore, it implies a Short% of Shares Outstanding of 3105940 and a Short% of Float of 3.52.
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 0.016172506
Earnings Estimates
The dynamic stock of FTAI Infrastructure Inc (FIP) is currently attracting attention from 2.0 analysts actively involved in rating its market status.On average, analysts expect EPS of -$0.34 for the current quarter, with a high estimate of -$0.31 and a low estimate of -$0.37, while EPS last year was -$0.59. The consensus estimate for the next quarter is -$0.29, with high estimates of -$0.24 and low estimates of -$0.34.
Analysts are recommending an EPS of between -$0.81 and -$1.29 for the fiscal current year, implying an average EPS of -$1.05. EPS for the following year is -$0.5, with 2.0 analysts recommending between -$0.03 and -$0.97.
Revenue Estimates
For the next quarter, 2 analysts are estimating revenue of $99.6M. There is a high estimate of $104M for the next quarter, whereas the lowest estimate is $95.2M.
A total of 2 analysts have provided revenue estimates for FIP’s current fiscal year. The highest revenue estimate was $425M, while the lowest revenue estimate was $390.6M, resulting in an average revenue estimate of $407.8M. In the same quarter a year ago, actual revenue was $320.47MBased on 2 analysts’ estimates, the company’s revenue will be $480.4M in the next fiscal year. The high estimate is $505M and the low estimate is $455.8M.
