Let’s Start With The Stock Forecast For Azul S.A. ADR (NYSE: AZUL)

In the last trading session, 7.02 million Azul S.A. ADR (NYSE:AZUL) shares changed hands as the company’s beta touched 1.98. With the company’s per share price at $2.09 changed hands at -$0.23 or -9.91% during last session, the market valuation stood at $233.41M. AZUL’s last price was a discount, traded about -438.76% off its 52-week high of $11.26. The share price had its 52-week low at $2.25, which suggests the last value was -7.66% down since then. When we look at Azul S.A. ADR’s average trading volume, we note the 10-day average is 5.02 million shares, with the 3-month average coming to 2.28 million.

Analysts gave the Azul S.A. ADR (AZUL) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.29. If we narrow down to specifics, the data shows that 0 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended AZUL as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. Azul S.A. ADR’s EPS for the current quarter is expected to be -0.1.

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

Instantly AZUL was in red as seen at the end of in last trading. With action -25.62%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -78.43%, with the 5-day performance at -25.62% in the red. However, in the 30-day time frame, Azul S.A. ADR (NYSE:AZUL) is -48.65% down. Looking at the short shares, we see there were 8.84 million shares sold at short interest cover period of 4.93 days.

The consensus price target for the stock as assigned by Wall Street analysts is 10.55, meaning bulls need an upside of 80.19% from its current market value. According to analyst projections, AZUL’s forecast low is 9.1 with 12 as the target high. To hit the forecast high, the stock’s price needs a -474.16% plunge from its current level, while the stock would need to soar -335.41% for it to hit the projected low.

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

Data shows that the Azul S.A. ADR share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -71.79% over the past 6 months, a 66.75% in annual growth rate that is considerably higher than the industry average of -19.40%. Year-over-year growth is forecast to reach -6.20% down from the last financial year.

Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 958.68M. 4 analysts are of the opinion that Azul S.A. ADR’s revenue for the current quarter will be 1.03B. The company’s revenue for the corresponding quarters a year ago was 1.01B and 1.02B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -4.70%. The estimates for the next quarter sales put growth at 1.00%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -21.64%. The 2024 estimates are for Azul S.A. ADR earnings to decrease by -627.85%.

LONG FOCUS CAPITAL MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 3.8458% or 4.45 million shares worth $17.82 million as of 2024-06-30.