Azul S.A. ADR (NYSE:AZUL) Could Actually Go To 12 In 12 Months

In last trading session, Azul S.A. ADR (NYSE:AZUL) saw 2.73 million shares changing hands with its beta currently measuring 2.00. Company’s recent per share price level of $4.12 trading at $0.01 or 0.24% at ring of the bell on the day assigns it a market valuation of $460.12M. That closing price of AZUL’s stock is at a discount of -195.15% from its 52-week high price of $12.16 and is indicating a premium of 10.19% from its 52-week low price of $3.70. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.55 million shares which gives us an average trading volume of 1.76 million if we extend that period to 3-months.

For Azul S.A. ADR (AZUL), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 6 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

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Azul S.A. ADR (NYSE:AZUL) trade information

Upright in the green during last session for gaining 0.24%, in the last five days AZUL remained trading in the red while hitting it’s week-highest on Monday, 07/22/24 when the stock touched $4.12 price level, adding 11.59% to its value on the day. Azul S.A. ADR’s shares saw a change of -57.48% in year-to-date performance and have moved -5.29% in past 5-day. Azul S.A. ADR (NYSE:AZUL) showed a performance of -3.51% in past 30-days. Number of shares sold short was 7.05 million shares which calculate 3.46 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 10.55 to the stock, which implies a rise of 60.95% to its current value. Analysts have been projecting 9.1 as a low price target for the stock while placing it at a high target of 12. It follows that stock’s current price would drop -120.87% in reaching the projected high whereas dropping to the targeted low would mean a loss of -120.87% for stock’s current value.

Azul S.A. ADR (AZUL) estimates and forecasts

Statistics highlight that Azul S.A. ADR is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -48.88% of value to its shares in past 6 months, showing an annual growth rate of 75.36% while that of industry is -18.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -21.64% during past 5 years.

AZUL Dividends

Azul S.A. ADR is more likely to be releasing its next quarterly report in August and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Azul S.A. ADR (NYSE:AZUL)’s Major holders

FRONTIER CAPITAL MANAGEMENT CO LLC is the top institutional holder at AZUL for having 5.79 million shares of worth $45.0 million. And as of 2024-03-31, it was holding 1.6664 of the company’s outstanding shares.

The second largest institutional holder is PERPETUAL LTD, which was holding about 2.65 million shares on 2024-03-31. The number of shares represents firm’s hold over 0.7627 of outstanding shares, having a total worth of $20.6 million.