Stifel reiterates Buy rating on FTAI Aviation stock with stronger-than-expected EBITDA outlook

EditorAhmed Abdulazez Abdulkadir
Published 01/01/2025, 03:24 am
FTAI
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On Tuesday, Stifel analysts increased the price target for FTAI Aviation (NASDAQ: FTAI) shares to $167 from the previous target of $156, while reiterating a Buy rating on the stock. The new target sits within the broader analyst range of $132 to $300, according to InvestingPro data, with the stock currently trading at $146.62.

The adjustment follows FTAI Aviation's announcement of its adjusted EBITDA guidance for 2025, projecting between $1.1 billion and $1.15 billion, surpassing the Street consensus of $1.065 billion. The anticipated earnings include $500 million from Aviation Leasing and between $600 to $650 million from the Aerospace segment.

FTAI Aviation also disclosed a new Strategic Capital initiative, detailing the sale of 46 on-lease narrowbody aircraft for a total of $549 million. This move is intended to reduce the capital intensity of the business but will allow FTAI to maintain control over the aircraft through its module factory and V2500 MRE business.

The company's current financial position shows a healthy current ratio of 3.86, with InvestingPro data indicating it operates with moderate debt levels. The company's strategic actions are seen as a means to accelerate its growth trajectory, which has outpaced analyst expectations.

In response to the company's guidance and strategic developments, Stifel has revised its estimates for FTAI Aviation for the years 2025 and 2026 upwards. Analysts at Stifel suggest that the recent announcements are likely to establish a near-term bottom for FTAI Aviation's share price, indicating a favorable buying opportunity for investors. The stock has already demonstrated strong momentum, posting a remarkable 176.4% return over the past year, though investors should note its high beta of 2.1 indicates significant volatility.

Stifel's price target increase reflects confidence in FTAI Aviation's growth prospects and operational strategy. The firm's analysts recommend purchasing the stock, anticipating that the company's recent announcements will act as a catalyst for share price appreciation. For deeper insights into FTAI Aviation's valuation and growth potential, investors can access comprehensive analysis and 15+ additional ProTips through InvestingPro's detailed research reports.

In other recent news, FTAI Aviation has embarked on a strategic capital initiative, partnering with third-party institutional investors to acquire A320ceo and 737NG aircraft. This endeavor is expected to deploy over $3 billion annually.

As a part of this initiative, FTAI Aviation plans to sell approximately 46 on-lease narrowbody aircraft to the partnership for an estimated $550 million by 2025's second quarter. FTAI Aviation has also provided financial guidance for fiscal year 2025, projecting an Adjusted EBITDA of approximately $1.1 to $1.15 billion. This estimate indicates a substantial growth from the current EBITDA of $723 million.

Analyst firms such as BTIG, JMP Securities, and Compass Point have maintained their positive outlooks on FTAI Aviation, citing the company's strong momentum and promising growth prospects. Other developments include the company's partnership with Chromalloy, which has received Federal Aviation Administration approval for a key engine component.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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