Copa Holdings, S.A. (NYSE:CPA - Free Report) - Investment analysts at Seaport Res Ptn upped their FY2025 earnings per share estimates for shares of Copa in a research note issued on Wednesday, May 7th. Seaport Res Ptn analyst D. Mckenzie now anticipates that the transportation company will post earnings per share of $16.59 for the year, up from their previous estimate of $15.35. The consensus estimate for Copa's current full-year earnings is $15.48 per share.
Copa (NYSE:CPA - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The transportation company reported $4.28 EPS for the quarter, topping analysts' consensus estimates of $3.77 by $0.51. The company had revenue of $899.18 million during the quarter, compared to analyst estimates of $888.82 million. Copa had a return on equity of 26.70% and a net margin of 17.67%. The firm's revenue was up .6% on a year-over-year basis. During the same quarter last year, the firm posted $4.19 earnings per share.
Other equities analysts have also recently issued research reports about the stock. StockNews.com upgraded shares of Copa from a "hold" rating to a "buy" rating in a research report on Friday, May 9th. Cowen reaffirmed a "buy" rating on shares of Copa in a research report on Wednesday. Eight research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of $153.29.
Read Our Latest Research Report on CPA
Copa Trading Down 0.6%
NYSE CPA traded down $0.63 during trading on Monday, hitting $101.27. The company had a trading volume of 427,913 shares, compared to its average volume of 309,421. The company's fifty day moving average is $91.86 and its 200-day moving average is $92.55. Copa has a one year low of $80.01 and a one year high of $114.00. The company has a current ratio of 1.10, a quick ratio of 0.99 and a debt-to-equity ratio of 0.60. The company has a market cap of $4.17 billion, a price-to-earnings ratio of 6.96, a price-to-earnings-growth ratio of 0.87 and a beta of 1.26.
Institutional Investors Weigh In On Copa
Several hedge funds have recently bought and sold shares of CPA. JPMorgan Chase & Co. increased its stake in shares of Copa by 0.4% during the fourth quarter. JPMorgan Chase & Co. now owns 2,628,609 shares of the transportation company's stock valued at $231,002,000 after purchasing an additional 11,300 shares in the last quarter. FMR LLC grew its stake in shares of Copa by 18.1% in the 4th quarter. FMR LLC now owns 1,503,772 shares of the transportation company's stock worth $132,151,000 after buying an additional 230,653 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Copa by 9.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,184,278 shares of the transportation company's stock valued at $109,501,000 after buying an additional 99,955 shares in the last quarter. Carrhae Capital LLP raised its stake in Copa by 10.8% during the first quarter. Carrhae Capital LLP now owns 777,929 shares of the transportation company's stock valued at $71,927,000 after buying an additional 76,062 shares during the last quarter. Finally, Brandes Investment Partners LP raised its stake in Copa by 8.6% during the fourth quarter. Brandes Investment Partners LP now owns 561,901 shares of the transportation company's stock valued at $49,380,000 after buying an additional 44,298 shares during the last quarter. Institutional investors own 70.09% of the company's stock.
Copa Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be paid a $1.61 dividend. The ex-dividend date is Friday, May 30th. This represents a $6.44 annualized dividend and a dividend yield of 6.36%. Copa's payout ratio is 43.96%.
About Copa
(
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Copa Holdings, SA, through its subsidiaries, provides airline passenger and cargo services. The company offers approximately 375 daily scheduled flights to 82 destinations in 32 countries in North, Central, and South America, as well as the Caribbean from its Panama City hub. As of December 31, 2023, it operated a fleet of 106 aircraft comprising 76 Boeing 737-Next Generation aircraft, 29 Boeing 737 MAX 9 aircraft, and one Boeing 737-800 Boeing Converted Freighter.
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