Copa (CPA) Stock Price, News & Analysis

Company Overview

Copa Holdings, S.A., through its subsidiaries, provides airline passenger and cargo services. The company offers approximately 327 daily scheduled flights to 78 destinations in 32 countries in North, Central, and South America, as well as the Caribbean from its Panama City hub. As of December 31, 2022, it operated a fleet of 97 aircraft comprising 67 Boeing 737-800 Next Generation aircraft, 9 Boeing 737-700 Next Generation aircraft, 1 Boeing 737-800 Boeing Converted Freighter, and 20 737-MAX aircraft. The company was founded in 1947 and is based in Panama City, Panama.

Key Stats

• Today's Range: $93.68 to $95.65
• 50-Day Range: $81.47 to $96.22
• 52-Week Range: $78.12 to $114.00
• Volume: 227,515 shs
• Average Volume: 276,671 shs
• Market Capitalization: $3.70 billion
• P/E Ratio: 6.75
• Dividend Yield: 6.86%
• Price Target: $148.83
• Consensus Rating: Buy

Copa Stock Analysis - MarketRank™

Copa scored higher than 95% of companies evaluated by MarketBeat, and ranked 12th out of 130 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Buy

Consensus Rating

Copa has received a consensus rating of Buy. The company's average rating score is 3.17, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Copa has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 10.25%

Earnings Growth

Earnings for Copa are expected to grow by 10.25% in the coming year, from $14.53 to $16.02 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Copa is 6.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.36.

Price to Earnings Ratio vs. Sector

The P/E ratio of Copa is 6.76, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 21.58.

Price to Earnings Growth Ratio

Copa has a PEG Ratio of 0.57. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Copa has a P/B Ratio of 1.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.37% of the float of Copa has been sold short.

Short Interest Ratio / Days to Cover

Copa has a short interest ratio ("days to cover") of 5.9.

Change versus previous month

Short interest in Copa has recently decreased by 0.61%, indicating that investor sentiment is improving.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Copa is a leading dividend payer. It pays a dividend yield of 6.70%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Copa does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Copa is 46.33%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Copa will have a dividend payout ratio of 40.20% next year. This indicates that Copa will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -10.48

Percentage of Shares Shorted

5.37% of the float of Copa has been sold short.

Short Interest Ratio / Days to Cover

Copa has a short interest ratio ("days to cover") of 5.9.

Change versus previous month

Short interest in Copa has recently decreased by 0.61%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.61

News Sentiment

Copa has a news sentiment score of 0.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Transportation companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Copa this week, compared to 5 articles on an average week.

Search Interest

Only 15 people have searched for CPA on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.

MarketBeat Follows

26 people have added Copa to their MarketBeat watchlist in the last 30 days. This is an increase of 117% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Copa insiders have not sold or bought any company stock.

Percentage Held by Institutions

70.09% of the stock of Copa is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CPA Stock Analysis - Frequently Asked Questions

How have CPA shares performed this year?

Copa's stock was trading at $106.31 at the beginning of 2024. Since then, CPA stock has decreased by 11.6% and is now trading at $93.95.
View the best growth stocks for 2024 here.

How were Copa's earnings last quarter?

Copa Holdings, S.A. (NYSE:CPA) posted its earnings results on Wednesday, August, 7th. The transportation company reported $2.88 earnings per share for the quarter, beating the consensus estimate of $2.77 by $0.11. The company's revenue for the quarter was up 1.3% compared to the same quarter last year.

Who are Copa's major shareholders?

Top institutional shareholders of Copa include Richard P Slaughter Associates Inc (0.05%), SG Americas Securities LLC and Hexagon Capital Partners LLC.

How do I buy shares of Copa?

Shares of CPA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Copa own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Copa investors own include Alibaba Group (BABA), Southwest Airlines (LUV), Energy Transfer (ET), NVIDIA (NVDA), Delta Air Lines (DAL), Mastercard (MA) and Pfizer (PFE).

Company Calendar

• Last Earnings: 8/07/2024
• Ex-Dividend for 9/13 Dividend: 8/30/2024
• Dividend Payable: 9/13/2024
• Today: 10/09/2024
• Next Earnings (Estimated): 11/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Transportation
• Industry: Air transportation, scheduled
• Sub-Industry: Airlines
• Current Symbol: NYSE:CPA
• CUSIP: P3107610
• CIK: 1345105
• Web: copa.gcs-web.com
• Phone: 5075073042774
• Fax: 507-304-2535
• Employees: 7,625
• Year Founded: 1947

Price Target and Rating

• Average Stock Price Target: $148.83
• High Stock Price Target: $175.00
• Low Stock Price Target: $130.00
• Potential Upside/Downside: +57.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.17
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $13.90
• Trailing P/E Ratio: 6.79
• Forward P/E Ratio: 6.50
• P/E Growth: 0.57
• Net Income: $514.10 million
• Net Margins: 19.31%
• Pretax Margin: 22.10%
• Return on Equity: 30.81%
• Return on Assets: 12.68%

Debt

• Debt-to-Equity Ratio: 0.56
• Current Ratio: 0.98
• Quick Ratio: 0.89

Sales & Book Value

• Annual Sales: $3.49 billion
• Price / Sales: 1.06
• Cash Flow: $25.79 per share
• Price / Cash Flow: 3.66
• Book Value: $53.84 per share
• Price / Book: 1.75

Miscellaneous

• Outstanding Shares: 39,416,000
• Free Float: N/A
• Market Cap: $3.72 billion
• Optionable: Optionable
• Beta: 1.49