The stock of Copa Holdings S.A. (NYSE:CPA) increased by $0.75 on Wednesday to $96.55, up 0.78 percent. The last five days have seen an average of 856,977 shares of common stock traded. 27 times new highs were reached in the current year, with a gain of $13.83. The average number of shares traded over the last 20 days was 790,574, while the average volume over the last 50 days totaled 702,274.
CPA stock dropped -17.98% since last month. On 08/15/23, the company’s shares reached a one-month low of $95.26. The stock touched a high of $121.20 on 07/31/23, after rallying from a low of $65.01 in 52 weeks. The price of CPA stock has risen by 16.09% or $13.83 this year, reaching a new high 27 times. Still, the stock price is down -20.34% from the 52-week high.
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Valuation Metrics
Copa Holdings S.A. (CPA) has a trailing price-to-earnings (P/E) ratio of 11.24. Beta for the stock is 1.36. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.15, the price-to-book (PB) ratio of 2.45, and the price-to-cash flow ratio of 4.55.
Company paid $0.82 per share in dividends, remained unchanged from $0.82 last year. A $0.02 dividend increase was reported on Wednesday March 22 2023.
Financial Health
For the three months ended June 29, Copa Holdings S.A.’s quick ratio was 0.70, while its current ratio was 0.70, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.83, and the total debt to equity ratio is 1.16. As far as profitability goes, gross margin for the trailing twelve months is 59.30% percent. Copa Holdings S.A.’s EBITDA margin for the year ended June 29 was 24.22%, whereas its operating margin stood at 22.20% for the same period. Based on annual data, it had gross profit of $1.74 billion and revenue of $2.97 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. CPA’s return on assets (ROA) during the last 12 months has been 7.10%. There was a 12.90% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 22.70%.
Earnings Surprise
According to Copa Holdings S.A.’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $2.97 billion, while revenues rose by 49.08% to $0.0. It was predicted that Copa Holdings S.A.’s quarterly earnings would be $3.92, but it ended up being $3.36, beating the consensus by 16.70%. EBITDA was $194.67 million for the quarter. At the end of Copa Holdings S.A.’s most recent quarter ended June 29, its liabilities totaled 3.54 billion, while its total debt was $1.81 billion.
Technical Picture
Here’s a quick look at Copa Holdings S.A.’s (CPA) price momentum from a technical perspective. As of 15 August, the RSI 9-day stood at 19.40%, suggesting the stock is oversold, with a 28.63% historical volatility rate.
The stochastic %K and %D were 4.64% and 3.92% respectively, while the average true range (ATR) was 3.57. Based on the 14-day stochastic reading of 6.71%, the RSI (14) reading is 26.09%. On the 9-day MACD Oscillator, the stock is at -5.47, and the 14-day reading is at -10.03.
Analyst Ratings
In its most recent analyst report, JP Morgan raised its rating on Copa Holdings S.A. (NYSE: CPA) to an Overweight. Prior to this, analysts firm rated the stock as a Neutral. Analysts have assigned Copa Holdings S.A. (CPA) an Buy rating. CPA is a stock that is recommended for selling by 0 brokerage firms, while 1 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 1 rate it overweight and 12 others recommend it as a buy.
What is CPA’s price target for the next 12 months?
The current consensus forecast for the stock is between $124.00 and $165.00, with a median target price of $150.00. In analyzing these forecasts, the average price target given by analysts for Copa Holdings S.A. (CPA) is $148.21.
