The Current Price For Azul S.A. ADR (NYSE: AZUL): And Is It Worth Investing In?

During the last session, Azul S.A. ADR (NYSE:AZUL)’s traded shares were 1.89 million, with the beta value of the company hitting 1.99. At the end of the trading day, the stock’s price was $3.85, reflecting an intraday loss of -3.75% or -$0.15. The 52-week high for the AZUL share is $11.26, that puts it down -192.47 from that peak though still a striking 3.9% gain since the share price plummeted to a 52-week low of $3.70. The company’s market capitalization is $429.97M, and the average intraday trading volume over the past 10 days was 1.79 million shares, and the average trade volume was 1.83 million shares over the past three months.

Azul S.A. ADR (AZUL) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.23. AZUL has a Sell rating from 0 analyst(s) out of 6 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.06.

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

Azul S.A. ADR (AZUL) registered a -3.75% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.75% in intraday trading to $3.85, hitting a weekly high. The stock’s 5-day price performance is -8.77%, and it has moved by -10.88% in 30 days. Based on these gigs, the overall price performance for the year is -57.65%. The short interest in Azul S.A. ADR (NYSE:AZUL) is 8.84 million shares and it means that shorts have 4.93 day(s) to cover.

The consensus price target of analysts on Wall Street is $10.55, which implies an increase of 63.51% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $9.1 and $12 respectively. As a result, AZUL is trading at a discount of -211.69% off the target high and -136.36% off the low.

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

Statistics show that Azul S.A. ADR has outperformed its competitors in share price, compared to the industry in which it operates. Azul S.A. ADR (AZUL) shares have gone down -48.18% during the last six months, with a year-to-date growth rate more than the industry average at 68.18% against -18.90. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 90.60% this quarter and then jump 125.50% in the quarter after that. In the rating firms’ projections, revenue will decrease -3.20% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 952.93M as predicted by 5 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 1.06B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.01B and 1.02B respectively. In this case, analysts expect current quarter sales to shrink by -5.30% and then jump by 4.70% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -21.64%. While earnings are projected to return -539.18% in 2024.

AZUL Dividends

Azul S.A. ADR is due to release its next quarterly earnings in September. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The next largest institutional holding, with 4.45 million shares, is of LONG FOCUS CAPITAL MANAGEMENT, LLC’s that is approximately 3.8458% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $17.82 million.