Azul S.A. ADR (NYSE:AZUL) finished Wednesday with a subtraction of -$0.15 to close at $8.17, a downside of -1.80 percent. An average of 1,266,580 shares of common stock have been traded in the last five days. There was a fall of -$1.08 in the past week, and it reached a new high 13 times over the past 12 months. The last 20 days have seen an average of 1,302,595 shares traded, while the 50-day average volume stands at 1,339,696.
AZUL stock has decreased by -10.12% in the last month. The company shares reached their 1-month lowest point of $7.86 on 09/15/23. With the stock rallying to its 52-week high on 07/03/23, shares of the company touched a low of $3.82 and a high of $13.86 in 52 weeks. It has reached a new high 26 times so far this year and achieved 33.72% or $2.06 in price. In spite of this, the price is down -41.07% from the 52-week high.
Valuation Metrics
Azul S.A. ADR (AZUL) stock’s beta is 1.47. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.27, and the price-to-cash flow ratio at 2.02.
Financial Health
The quick ratio of Azul S.A. ADR for the three months ended June 29 was 0.22, and the current ratio was 0.28, indicating that the company is not able to meet its debt obligations. Azul S.A. ADR’s EBITDA margin for the year ending June 29 is 16.75%, while its operating margin for the same period stands at 6.48%. Its gross profit as reported stood at $1.32 billion compared to revenue of $3.09 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Azul S.A. ADR’s return on assets was -8.76%.
Earnings Surprise
For the three-month period that ended June 29, Azul S.A. ADR had $177.03 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$137.25 million in the quarter, while revenues were shrunk -483.25%. The analyst consensus anticipated Azul S.A. ADR’s latest quarter earnings to come in at -$0.6 per share, but it turned out to be -$0.81, a -35.00% surprise. For the quarter, EBITDA amounted to $251.63 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Azul S.A. ADR (AZUL) price momentum. RSI 9-day as of the close on 27 September was 40.52%, suggesting the stock is Neutral, with historical volatility in this time frame at 75.57%.
As of today, AZUL’s price is $8.50 -11.68% or -$1.08 from its 5-day moving average. AZUL is currently trading -11.20% lower than its 20-day SMA and +20.32% higher than its 100-day SMA. However, the stock’s current price level is -23.72% below the SMA50 and +33.28% above the SMA200.
The stochastic %K and %D were 26.32% and 36.84%, respectively, and the average true range (ATR) was 0.43. With the 14-day stochastic at 18.13% and the average true range at 0.44, the RSI (14) stands at 40.92%. The stock has reached -0.22 on the 9-day MACD Oscillator while the 14-day reading was at -0.11.
Analyst Ratings
HSBC Securities launched coverage on Azul S.A. ADR (NYSE: AZUL) in its analyst report released on September 22, 2023. The firm assigned the stock a Buy rating. The consensus rating for Azul S.A. ADR (AZUL) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell AZUL, while 6 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 7 others rate it as a “buy”.
What is AZUL’s price target for the next 12 months?
Analysts predict a range of price targets between $41.10 and $94.41, with a median target of $70.83. Taking a look at these predictions, the average price target given by analysts for Azul S.A. ADR (AZUL) stock is $68.21.
