The consensus among analysts is that Gol Linhas Aereas Inteligentes S.A. (GOL) is a Hold stock at the moment, with a recommendation rating of 2.6. 1 analysts rate the stock as a Sell, while none rate it as Overweight. 9 out of 13 have rated it as a Hold, with 3 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$1.38.
Gol Linhas Aereas Inteligentes S.A. (NYSE:GOL) trade information
Wall Street analysts have a consensus price target for the stock at $6.75, which means that the shares’ value could jump 0.75% from current levels. The projected low price target is $4.01 while the price target rests at a high of $16.28. In that case, then, we find that the current price level is +142.99% off the targeted high while a plunge would see the stock lose -40.15% from current levels.
Gol Linhas Aereas Inteligentes S.A. (GOL) estimates and forecasts
Figures show that Gol Linhas Aereas Inteligentes S.A. shares have underperformed across the wider relevant industry. The company’s shares have lost -63% over the past 6 months, with this year growth rate of -752.38%, compared to -34.3% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -392.9% and 61.8% for the next quarter. Revenue growth from the last financial year stood is estimated to be -55%.
4 analysts offering their estimates for the company have set an average revenue estimate of $148.91 Million for the current quarter. 4 have an estimated revenue figure of $334.06 Million for the next quarter concluding in September 01, 2020. Year-ago sales stood $801.26 Million and $934.18 Million respectively for this quarter and the next, and analysts expect sales will grow by -81.4% for the current quarter and -64.2% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +40.5% over the past 5 years. Earnings growth for 2020 is a modest +89.3% while over the next 5 years, the company’s earnings are expected to increase by 0%.