Copa (CPA) to Release Quarterly Earnings on Wednesday

Copa (NYSE:CPA) will be releasing its earnings data after the market closes on Wednesday, November 20th. Analysts expect Copa to post earnings of $3.44 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Copa Stock Up 0.3 %

Shares of NYSE:CPA opened at $102.89 on Tuesday. The stock has a 50-day simple moving average of $96.00 and a 200-day simple moving average of $94.99. The stock has a market capitalization of $4.06 billion, a P/E ratio of 6.30, a PEG ratio of 0.64 and a beta of 1.48. Copa has a 1 year low of $80.01 and a 1 year high of $114.00. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.89 and a current ratio of 0.98.

Wall Street Analysts Forecast Growth

CPA has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Copa from $145.00 to $130.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. TD Cowen lowered their target price on Copa from $145.00 to $130.00 and set a “buy” rating for the company in a research note on Friday, August 9th. Evercore ISI lowered their target price on Copa from $165.00 to $150.00 and set an “outperform” rating for the company in a research note on Thursday, August 8th. StockNews.com lowered Copa from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, JPMorgan Chase & Co. reduced their target price on Copa from $180.00 to $175.00 and set an “overweight” rating for the company in a research note on Thursday, August 29th. One equities research analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $148.83.

About Copa

Copa Holdings, SA, through its subsidiaries, provides airline passenger and cargo services. The company offers approximately 375 daily scheduled flights to 82 destinations in 32 countries in North, Central, and South America, as well as the Caribbean from its Panama City hub. As of December 31, 2023, it operated a fleet of 106 aircraft comprising 76 Boeing 737-Next Generation aircraft, 29 Boeing 737 MAX 9 aircraft, and one Boeing 737-800 Boeing Converted Freighter.