Azul S.A. ADR (NYSE: AZUL) Stock Forecast for 2023 with -161.78% Downside

In the last trading session, 1.88 million Azul S.A. ADR (NYSE:AZUL) shares changed hands as the company’s beta touched 1.97. With the company’s per share price at $1.91 changed hands at $0.06 or 3.24% during last session, the market valuation stood at $213.60M. AZUL’s last price was a discount, traded about -357.07% off its 52-week high of $8.73. The share price had its 52-week low at $1.57, which suggests the last value was 17.8% up since then.

Analysts gave the Azul S.A. ADR (AZUL) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.57. 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 -0.13.

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

Instantly AZUL was in green as seen at the end of in last trading. With action -5.91%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 14.37%, with the 5-day performance at -5.91% in the red. However, in the 30-day time frame, Azul S.A. ADR (NYSE:AZUL) is -16.96% down.

The consensus price target for the stock as assigned by Wall Street analysts is 4.5, meaning bulls need an upside of 57.56% from its current market value. According to analyst projections, AZUL’s forecast low is 4 with 5 as the target high. To hit the forecast high, the stock’s price needs a -161.78% plunge from its current level, while the stock would need to soar -109.42% for it to hit the projected low.

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

Year-over-year growth is forecast to reach 13.58% up from the last financial year.

Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 5.27B. 2 analysts are of the opinion that Azul S.A. ADR’s revenue for the current quarter will be 5.16B. The company’s revenue for the corresponding quarters a year ago was 4.68B and 4.17B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 12.55%. The estimates for the next quarter sales put growth at 23.75%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -19.71%. The 2025 estimates are for Azul S.A. ADR earnings to increase by 97.64%.

AZUL Dividends

Azul S.A. ADR is expected to release its next quarterly earnings report in March.

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.

Among Mutual Funds, the top two as of Sep 30, 2024 were Advisers Investment Tr-JOHCM Emerging Markets Opportunities Fd and VanEck ETF Trust-VanEck Brazil Small-Cap ETF . With 1.09 shares estimated at $2.09 million under it, the former controlled 0.98% of total outstanding shares. On the other hand, VanEck ETF Trust-VanEck Brazil Small-Cap ETF held about 0.05% of the shares, roughly 55.2 shares worth around $0.11 million.