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Tale of the Tape

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Why Fortress Transportation (FTAI) Could Be Positioned for a Surge
November 15, 2016

FTAI

Trades from $3

Fortress Transportation and Infrastructure Investors LLC (FTAI - Free Report) is a company engaged in the owning and acquisition of infrastructure and equipment for leasing and could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.

These positive earnings estimate revisions suggest that analysts are becoming more optimistic on FTAI’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Fortress Transportation could be a solid choice for investors.

Current Quarter Estimates for FTAI

In the past 30 days, 1 estimate has gone higher for Fortress Transportation while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates narrowing from a loss of 3 cents a share 30 days ago, to a loss of 2 cents today, a move of 33.3%.

Current Year Estimates for FTAI

Meanwhile, Fortress Transportation’s current year figures are also looking quite promising, with 2 estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, narrowing from a loss of 24 cents per share 30 days ago to a loss of 19 cents per share today, an increase of 20.8%.

FORTRESS TR&INF Price and Consensus

Bottom Line

The stock has also started to move higher lately, adding 10.7% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #2 (Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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