Zacks Research Comments on Azul's Q4 Earnings (NYSE:AZUL)

Azul S.A. (NYSE:AZUL - Free Report) - Equities researchers at Zacks Research raised their Q4 2026 earnings estimates for shares of Azul in a research note issued to investors on Wednesday, May 28th. Zacks Research analyst S. Goswami now anticipates that the company will post earnings per share of $0.45 for the quarter, up from their prior estimate of $0.41. The consensus estimate for Azul's current full-year earnings is ($1.58) per share.

Several other equities analysts have also commented on AZUL. Seaport Res Ptn lowered shares of Azul from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 26th. The Goldman Sachs Group decreased their price objective on shares of Azul from $2.70 to $2.40 and set a "neutral" rating for the company in a research report on Tuesday, March 25th. Barclays decreased their price objective on shares of Azul from $4.50 to $0.50 and set an "equal weight" rating for the company in a research report on Friday, May 16th. Finally, Raymond James lowered shares of Azul from an "outperform" rating to a "market perform" rating in a research report on Thursday, May 15th. Seven equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $3.32.

Azul Price Performance

Shares of NYSE:AZUL remained flat at $0.50 during trading on Friday. Azul has a 52-week low of $0.45 and a 52-week high of $5.51. The company has a market cap of $210.79 million, a P/E ratio of -0.07 and a beta of 1.88. The business's 50-day moving average is $1.03 and its 200-day moving average is $1.69.

Azul (NYSE:AZUL - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The company reported ($2.18) earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by ($2.21). The firm had revenue of $923.68 million for the quarter, compared to analyst estimates of $5.31 billion.

Hedge Funds Weigh In On Azul

A number of institutional investors have recently bought and sold shares of AZUL. Trellis Wealth Advisors LLC purchased a new position in Azul during the 4th quarter worth approximately $32,000. Absolute Gestao de Investimentos Ltda. purchased a new position in Azul during the 1st quarter worth approximately $38,000. Arrowstreet Capital Limited Partnership purchased a new position in Azul during the 4th quarter worth approximately $42,000. Two Sigma Securities LLC raised its position in Azul by 44.6% during the 4th quarter. Two Sigma Securities LLC now owns 29,311 shares of the company's stock worth $49,000 after buying an additional 9,038 shares during the last quarter. Finally, Inspire Advisors LLC raised its position in Azul by 16.6% during the 4th quarter. Inspire Advisors LLC now owns 48,168 shares of the company's stock worth $80,000 after buying an additional 6,844 shares during the last quarter. 0.82% of the stock is owned by hedge funds and other institutional investors.

About Azul

Azul SA, together with its subsidiaries, provides air transportation services in Brazil and internationally. As of December 31, 2023, the company operated approximately 1,000 daily departures to 160 destinations through a network of 300 non-stop routes with an operating fleet of 183 aircraft and a passenger contractual fleet of 189 aircraft.