Promising Growth and Strategic Positioning: A Buy Recommendation for FTAI Infrastructure

Analyst Gregory Lewis of BTIG reiterated a Buy rating on FTAI Infrastructure Incorporation (FIP – Research Report), with a price target of $10.00.

Gregory Lewis has given his Buy rating due to a combination of factors that indicate a promising financial outlook for FTAI Infrastructure Incorporation. The company’s EBITDA is expected to increase significantly, driven by the acquisition of the remaining stake in Long Ridge and new contracts at Jefferson, which together forecast a substantial growth in earnings. Additionally, the completion of Phase 2 at Repauno is anticipated to unlock further value, with management aiming for a notable EBITDA contribution upon its completion.
Furthermore, the potential sale of Repauno could provide a significant cash infusion, enabling FIP to reduce debt or invest in growth opportunities. The company’s strategic positioning in the rail sector, particularly with Transtar, is also seen as a stable revenue source, with potential for growth as domestic steel production benefits from higher tariffs. Lastly, the valuation of FIP suggests an attractive investment opportunity, with the stock trading at a reasonable multiple compared to its projected earnings growth.

Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FIP in relation to earlier this year.