FTAI Infrastructure Inc (NASDAQ: FIP) closed the day trading at $5.89 up 5.56% from the previous closing price of $5.58. In other words, the price has increased by $+0.31 from its previous closing price. On the day, 585117 shares were traded. FIP stock price reached its highest trading level at $5.89 during the session, while it also had its lowest trading level at $5.52.
Ratios:
For a better understanding of FIP, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.11 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 1.77 whereas as Long-Term Debt/Eq ratio is at 1.76.
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, Compass Point on September 21, 2022, initiated with a Buy rating and assigned the stock a 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 592.47M and an Enterprise Value of 1.97B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.85 while its Price-to-Book (P/B) ratio in mrq is 1.22. Its current Enterprise Value per Revenue stands at 6.16 whereas that against EBITDA is 84.65.
Stock Price History:
Over the past 52 weeks, FIP has reached a high of $5.68, while it has fallen to a 52-week low of $2.35. The 50-Day Moving Average of the stock is 4.29, while the 200-Day Moving Average is calculated to be 3.67.
Shares Statistics:
Over the past 3-months, FIP traded about 600.59K shares per day on average, while over the past 10 days, FIP traded about 633.08k shares per day. A total of 100.59M shares are outstanding, with a floating share count of 98.99M. Insiders hold about 1.59% of the company’s shares, while institutions hold 79.51% stake in the company. Shares short for FIP as of Feb 29, 2024 were 3.79M with a Short Ratio of 6.30, compared to 3.62M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.76% and a Short% of Float of 4.30%.
Dividends & Splits
FIP’s forward annual dividend rate is 0.12, up from 0.12 a year ago. Against a Trailing Annual Dividend Yield of 2.15%, it implies a Forward Annual Dividend Yield of 2.04%.
Earnings Estimates
Current recommendations for the stock of the company come from 1 analysts. On average, analysts expect EPS of -$0.31 for the current quarter, with a high estimate of -$0.31 and a low estimate of -$0.31, while EPS last year was -$0.59. The consensus estimate for the next quarter is -$0.24, with high estimates of -$0.24 and low estimates of -$0.24.
Analysts are recommending an EPS of between -$0.81 and -$0.81 for the fiscal current year, implying an average EPS of -$0.81. EPS for the following year is -$0.03, with 1 analysts recommending between -$0.03 and -$0.03.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for FIP’s current fiscal year. The highest revenue estimate was $425M, while the lowest revenue estimate was $425M, resulting in an average revenue estimate of $425M. In the same quarter a year ago, actual revenue was $320.47M, up 32.60% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $505M in the next fiscal year. The high estimate is $505M and the low estimate is $505M. The average revenue growth estimate for next year is up 18.80% from the average revenue estimate for this year.
