Copa Holdings stock down 0.43%, underperforming, earnings predicted to decline

From Nasdaq: 2024-07-26 18:15:19

Copa Holdings (CPA) closed at $91.34, down 0.43% from the previous session, lagging behind the S&P 500 and Dow. Shares had dropped 3.44% in the last month, underperforming the transportation sector. Earnings disclosure on August 7, 2024, predicts a 26.79% decline to $2.87 per share and revenue of $841.01 million.

Analysts anticipate Copa Holdings to post $16.24 per share earnings and $3.67 billion revenue for the full year. Recent analyst estimate changes reflect business trends and profit potential. The Zacks Rank model takes estimate changes into account, with a current rating of #3 (Hold) for Copa Holdings. The Zacks Consensus EPS estimate decreased by 1.61% in the last 30 days.

Copa Holdings trades at a Forward P/E ratio of 5.65, a discount to the industry average. Its PEG ratio of 0.45 signals growth potential. The transportation sector industry rank is 222 out of over 250, in the bottom 12%. Using Zacks.com, investors can track stock-moving metrics for upcoming trading sessions. Analysts could be underestimating stocks poised to jump +10-20% upon earnings announcement. Check Zacks Investment Research for more insights.



Read more at Nasdaq: Copa Holdings (CPA) Stock Dips While Market Gains: Key Facts