Copa Holdings, S.A. (NYSE:CPA – Free Report) – Investment analysts at Zacks Research upped their Q2 2026 EPS estimates for Copa in a research report issued to clients and investors on Monday, September 23rd. Zacks Research analyst M. Basu now forecasts that the transportation company will earn $4.57 per share for the quarter, up from their previous forecast of $4.55. The consensus estimate for Copa’s current full-year earnings is $14.53 per share.
Several other brokerages also recently issued reports on CPA. StockNews.com downgraded shares of Copa from a “buy” rating to a “hold” rating in a research note on Wednesday, June 19th. Evercore ISI reduced their price objective on shares of Copa from $165.00 to $150.00 and set an “outperform” rating on the stock in a research note on Thursday, August 8th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Copa from $145.00 to $130.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th. TD Cowen reduced their price objective on shares of Copa from $145.00 to $130.00 and set a “buy” rating on the stock in a research note on Friday, August 9th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Copa from $180.00 to $175.00 and set an “overweight” rating for the company in a research report on Thursday, August 29th. One analyst has rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $148.83.
Copa Stock Performance
Shares of CPA opened at $90.17 on Tuesday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.89 and a current ratio of 0.98. The company has a market capitalization of $3.55 billion, a price-to-earnings ratio of 6.49, a PEG ratio of 0.57 and a beta of 1.48. The company’s 50 day simple moving average is $89.31 and its 200 day simple moving average is $95.95. Copa has a 1 year low of $78.12 and a 1 year high of $114.00.
Copa (NYSE:CPA – Get Free Report) last announced its quarterly earnings results on Wednesday, August 7th. The transportation company reported $2.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.77 by $0.11. The company had revenue of $819.40 million for the quarter, compared to the consensus estimate of $838.13 million. Copa had a net margin of 19.31% and a return on equity of 30.81%. The company’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.92 earnings per share.
Copa Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Friday, August 30th were given a dividend of $1.61 per share. This represents a $6.44 annualized dividend and a yield of 7.14%. The ex-dividend date was Friday, August 30th. Copa’s dividend payout ratio (DPR) is 46.33%.
Institutional Investors Weigh In On Copa
Several large investors have recently made changes to their positions in the business. Capital World Investors increased its position in shares of Copa by 3.7% in the first quarter. Capital World Investors now owns 4,068,558 shares of the transportation company’s stock worth $423,781,000 after acquiring an additional 144,806 shares in the last quarter. Sprucegrove Investment Management Ltd. increased its position in shares of Copa by 8.3% in the second quarter. Sprucegrove Investment Management Ltd. now owns 3,086,189 shares of the transportation company’s stock worth $293,743,000 after acquiring an additional 236,850 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of Copa by 1.9% in the second quarter. Renaissance Technologies LLC now owns 871,928 shares of the transportation company’s stock worth $82,990,000 after acquiring an additional 16,100 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Copa by 8.6% in the second quarter. Dimensional Fund Advisors LP now owns 829,478 shares of the transportation company’s stock worth $78,950,000 after acquiring an additional 65,525 shares in the last quarter. Finally, Shellback Capital LP increased its position in shares of Copa by 13.9% in the second quarter. Shellback Capital LP now owns 440,000 shares of the transportation company’s stock worth $41,879,000 after acquiring an additional 53,806 shares in the last quarter. Institutional investors and hedge funds own 70.09% of the company’s stock.
Copa Company Profile
Copa Holdings, SA, 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.
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