The stock of Fortress Transprtn and Infr Investrs LLC (NYSE:FTAI) is a huge mover today! The stock increased 5.13% or $0.61 on September 30, hitting $12.51. About 289,132 shares traded hands or 177.30% up from the average. Fortress Transprtn and Infr Investrs LLC (NYSE:FTAI) has risen 32.22% since February 26, 2016 and is uptrending. It has outperformed by 21.80% the S&P500.
The move comes after 9 months positive chart setup for the $939.75 million company. It was reported on Oct, 1 by Barchart.com. We have $19.27 PT which if reached, will make NYSE:FTAI worth $507.47 million more.
Analysts await Fortress Transprtn and Infr Investrs LLC (NYSE:FTAI) to report earnings on November, 1. They expect $-0.03 EPS, down 400.00% or $0.04 from last year’s $0.01 per share. After $-0.08 actual EPS reported by Fortress Transprtn and Infr Investrs LLC for the previous quarter, Wall Street now forecasts -62.50% EPS growth.
Fortress Transprtn and Infr Investrs LLC (NYSE:FTAI) Ratings Coverage
Out of 5 analysts covering Fortress Transportation and Infrastructure (NYSE:FTAI), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Fortress Transportation and Infrastructure has been the topic of 8 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The rating was maintained by Citigroup on Friday, August 12 with “Buy”. Barclays Capital maintained Fortress Transprtn and Infr Investrs LLC (NYSE:FTAI) rating on Monday, October 5. Barclays Capital has “Overweight” rating and $17 price target. The firm has “Overweight” rating by Alembic given on Wednesday, October 7. The firm earned “Outperform” rating on Wednesday, July 29 by Wolfe Research.
According to Zacks Investment Research, “Fortress Transportation and Infrastructure Investors LLC is engaged in the owning and acquisition of infrastructure and equipment for leasing. Its segments include Aviation Leasing, Offshore Energy, Shipping Containers, Jefferson Terminal and Railroad. Fortress Transportation and Infrastructure Investors LLC is based in New York, United States.”
FTAI Company Profile
Fortress Transportation and Infrastructure Investors LLC, incorporated on February 13, 2014, owns and acquires infrastructure and equipment that is essential for the transportation of goods and people across the world. The Firm invests across market sectors, such as aviation, energy, intermodal transport and rail. The Company’s activities consist of primary strategic business units, including Infrastructure and Equipment Leasing. The Firm conducts business through divisions, including Aviation Leasing, Offshore Energy and Shipping Containers, all of which are within Equipment Leasing Business, and Jefferson Terminal and Railroad, which together comprise its Infrastructure Business. The Company’s Equipment Leasing Business acquires assets that are designed to carry cargo or people or provide functionality to transportation infrastructure. The Company’s Infrastructure Business acquires long-life assets or operating businesses that provide services or functions to transportation networks and typically have barriers to entry, strong margins, stable cash flows and upside from earnings growth and asset appreciation driven by increased use and inflation. The Company’s clients consist of global operators of transportation and infrastructure networks, including airlines, offshore energy service providers and shipping lines.
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