Market Insight: Azul S.A. ADR (AZUL)’s Notable Gain, Closing at 5.68

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In the latest session, Azul S.A. ADR (NYSE: AZUL) closed at $5.68 up 5.58% from its previous closing price of $5.38. In other words, the price has increased by $5.58 from its previous closing price. On the day, 2.13 million shares were traded. AZUL stock price reached its highest trading level at $5.77 during the session, while it also had its lowest trading level at $5.5.

Ratios:

For a deeper understanding of Azul S.A. ADR’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.07. For the most recent quarter (mrq), Quick Ratio is recorded 0.27 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 the company, BofA Securities on April 18, 2024, Downgraded its rating to Underperform and sets its target price to $9.50 from $18 previously.

On September 22, 2023, HSBC Securities started tracking the stock assigning a Buy rating and target price of $12.30.

Goldman Upgraded its Neutral to Buy on September 20, 2023, whereas the target price for the stock was revised from $14.90 to $18.30.

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 657658752 and an Enterprise Value of 26936547328. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17. Its current Enterprise Value per Revenue stands at 1.452 whereas that against EBITDA is 15.451.

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 $5.16. The 50-Day Moving Average of the stock is -22.43%, while the 200-Day Moving Average is calculated to be -34.57%.

Shares Statistics:

For the past three months, AZUL has traded an average of 1.65M shares per day and 2762070 over the past ten days. A total of 111.75M shares are outstanding, with a floating share count of 111.73M. Shares short for AZUL as of 1713139200 were 4616775 with a Short Ratio of 2.80, compared to 1710460800 on 3489169.

Earnings Estimates

The current assessment of Azul S.A. ADR (AZUL) involves the perspectives of 4.0 analysts closely monitoring its market dynamics.On average, analysts expect EPS of -$0.33 for the current quarter, with a high estimate of -$0.05 and a low estimate of -$0.6, while EPS last year was -$0.99. The consensus estimate for the next quarter is -$0.21, with high estimates of $0.07 and low estimates of -$0.4.

Analysts are recommending an EPS of between $0.73 and -$0.6 for the fiscal current year, implying an average EPS of $0.01. EPS for the following year is $0.94, with 4.0 analysts recommending between $2.09 and -$0.32.

Revenue Estimates

For the next quarter, 4 analysts are estimating revenue of $954.1M. There is a high estimate of $1B for the next quarter, whereas the lowest estimate is $902.98M.

A total of 5 analysts have provided revenue estimates for AZUL’s current fiscal year. The highest revenue estimate was $4.22B, while the lowest revenue estimate was $3.88B, resulting in an average revenue estimate of $4.08B. In the same quarter a year ago, actual revenue was $3.74BBased on 5 analysts’ estimates, the company’s revenue will be $4.37B in the next fiscal year. The high estimate is $4.62B and the low estimate is $4.12B.

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