Copa Holdings (CPA) stock price slightly increased but lagged behind market performance

From Nasdaq: 2024-12-20 18:15:08

In the latest market close, Copa Holdings (CPA) reached $88.87, with a +0.3% movement compared to the previous day. The stock’s performance was behind the S&P 500’s daily gain of 1.09%. The Dow saw an upswing of 1.18%, while the Nasdaq appreciated by 1.03%. Shares had lost 4.48% in the past month.

Investors are watching Copa Holdings’ forthcoming earnings report, with a predicted EPS of $3.88, a 13.2% decline from last year. Revenue is estimated at $883.98 million, a 3.59% decrease. Full-year estimates suggest earnings of $14.45 per share and revenue of $3.45 billion, marking changes from last year.

Analyst estimates for Copa Holdings have seen recent revisions reflecting short-term business trends. The Zacks Rank system, with a rating of #3 (Hold) for CPA, has historically outperformed, with stocks rated #1 showing an average annual return of +25% since 1988. Valuation shows a Forward P/E ratio of 6.13 for CPA.

A top semiconductor stock identified by Zacks, much smaller than NVIDIA, is positioned for growth in AI, ML, and IoT. Global semiconductor manufacturing is projected to rise from $452 billion in 2021 to $803 billion by 2028. Investors can access free stock analysis reports and recommendations from Zacks Investment Research.



Read more at Nasdaq: Copa Holdings (CPA) Ascends But Remains Behind Market: Some Facts to Note