A share price of FTAI Infrastructure Inc [FIP] is currently trading at $5.30, down -0.38%. An important factor to consider is whether the stock is rising or falling in short-term value. The FIP shares have gain 10.42% over the last week, with a monthly amount drifted -16.27%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
FTAI Infrastructure Inc [NASDAQ: FIP] stock has seen the most recent analyst activity on June 26, 2024, when JMP Securities initiated its Mkt Outperform rating and assigned the stock a price target of $11. Previously, BTIG Research started tracking the stock with Buy rating on April 18, 2024, and set its price target to $10. On September 21, 2022, Compass Point initiated with a Buy rating and assigned a price target of $7 on the stock.
FTAI Infrastructure Inc experienced fluctuations in its stock price throughout the past year between $4.73 and $10.45. Currently, Wall Street analysts expect the stock to reach $11.67 within the next 12 months. FTAI Infrastructure Inc [NASDAQ: FIP] shares were valued at $5.30 at the most recent close of the market. An investor can expect a potential return of 120.19% based on the average FIP price forecast.
Analyzing the FIP fundamentals
Trailing Twelve Months sales for FTAI Infrastructure Inc [NASDAQ:FIP] were 331.50M which represents -0.83% decline. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at -0.79%, and Net Profit Margin reading is -0.67%. To continue investigating profitability, this company’s Return on Assets is posted at -0.09, Equity is -0.49 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.95.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.18 points at the first support level, and at 5.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.39, and for the 2nd resistance point, it is at 5.49.
Ratios To Look Out For
To put it in perspective, the Current Ratio for FTAI Infrastructure Inc [NASDAQ:FIP] is 0.86. On the other hand, the Quick Ratio is 0.86, and the Cash Ratio is 0.59. Considering the valuation of this stock, the price to sales ratio is 1.82, the price to book ratio is 2.98.
Transactions by insiders
Recent insider trading involved FIG Buyer GP, LLC, 10% Owner, that happened on Aug 09 ’24 when 3.4 million shares were sold.
