The price of Azul S.A. ADR (NYSE: AZUL) closed at $7.77 in the last session, down -8.91% from day before closing price of $8.53. In other words, the price has decreased by -$0.76 from its previous closing price. On the day, 4145418 shares were traded.
Ratios:
We take a closer look at AZUL’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.65. For the most recent quarter (mrq), Quick Ratio is recorded 0.29 and its Current Ratio is at 0.34.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, HSBC Securities on September 22, 2023, initiated with a Buy rating and assigned the stock a target price of $12.30.
On September 20, 2023, Goldman Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $14.90 to $18.30.
Barclays Upgraded its Underweight to Equal Weight on July 10, 2023, whereas the target price for the stock was revised from $8 to $14.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AZUL now has a Market Capitalization of 907.12M and an Enterprise Value of 5.97B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23. Its current Enterprise Value per Revenue stands at 0.33 whereas that against EBITDA is 1.54.
Stock Price History:
Over the past 52 weeks, AZUL has reached a high of $13.86, while it has fallen to a 52-week low of $5.80. The 50-Day Moving Average of the stock is 7.78, while the 200-Day Moving Average is calculated to be 9.25.
Shares Statistics:
According to the various share statistics, AZUL traded on average about 1.25M shares per day over the past 3-months and 1.53M shares per day over the past 10 days. A total of 111.76M shares are outstanding, with a floating share count of 111.73M. Shares short for AZUL as of Mar 15, 2024 were 3.91M with a Short Ratio of 2.80, compared to 3.97M on Feb 15, 2024.
Earnings Estimates
The company has 3 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.14 for the current quarter, with a high estimate of $0.72 and a low estimate of -$0.48, while EPS last year was -$0.83. The consensus estimate for the next quarter is -$0.18, with high estimates of $0.08 and low estimates of -$0.44.
Analysts are recommending an EPS of between -$1.7 and -$1.87 for the fiscal current year, implying an average EPS of -$1.79. EPS for the following year is $0.15, with 2 analysts recommending between $1.15 and -$0.85.
Revenue Estimates
According to 3 analysts, the current quarter’s revenue is expected to be $987.56M. It ranges from a high estimate of $989.94M to a low estimate of $984.7M. As of the current estimate, Azul S.A. ADR’s year-ago sales were $846.72M, an estimated increase of 16.60% from the year-ago figure.
A total of 4 analysts have provided revenue estimates for AZUL’s current fiscal year. The highest revenue estimate was $3.75B, while the lowest revenue estimate was $3.72B, resulting in an average revenue estimate of $3.73B. In the same quarter a year ago, actual revenue was $3.09B, up 20.80% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $4.27B in the next fiscal year. The high estimate is $4.38B and the low estimate is $4.13B. The average revenue growth estimate for next year is up 14.50% from the average revenue estimate for this year.
