Brokers Offer Predictions for Copa’s Q1 Earnings (NYSE:CPA)

Copa Holdings, S.A. (NYSE:CPA) – Analysts at Seaport Res Ptn cut their Q1 2025 EPS estimates for shares of Copa in a research report issued on Wednesday, December 18th. Seaport Res Ptn analyst D. Mckenzie now forecasts that the transportation company will post earnings per share of $3.75 for the quarter, down from their previous forecast of $5.00. The consensus estimate for Copa’s current full-year earnings is $14.48 per share. Seaport Res Ptn also issued estimates for Copa’s FY2025 earnings at $15.35 EPS and FY2026 earnings at $17.00 EPS.

Copa (NYSE:CPA) last issued its earnings results on Wednesday, November 20th. The transportation company reported $3.50 EPS for the quarter, topping analysts’ consensus estimates of $3.48 by $0.02. The business had revenue of $854.71 million for the quarter, compared to analyst estimates of $864.90 million. Copa had a net margin of 18.20% and a return on equity of 28.46%. The company’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same period last year, the company posted $4.39 earnings per share.

CPA has been the topic of a number of other research reports. JPMorgan Chase & Co. dropped their price target on Copa from $180.00 to $175.00 and set an “overweight” rating on the stock in a research report on Thursday, August 29th. StockNews.com cut shares of Copa from a “buy” rating to a “hold” rating in a report on Monday, November 25th. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $148.83.

Copa Trading Down 0.6 %

CPA opened at $88.37 on Monday. The company has a quick ratio of 0.99, a current ratio of 1.09 and a debt-to-equity ratio of 0.56. The stock’s fifty day moving average is $95.70 and its two-hundred day moving average is $93.16. The company has a market capitalization of $3.48 billion, a P/E ratio of 5.84, a PEG ratio of 0.72 and a beta of 1.45. Copa has a 52 week low of $80.01 and a 52 week high of $114.00.

Hedge Funds Weigh In On Copa

Large investors have recently added to or reduced their stakes in the company. Carrhae Capital LLP acquired a new position in shares of Copa during the third quarter worth $52,166,000. Vontobel Holding Ltd. increased its position in Copa by 7,848.9% during the 3rd quarter. Vontobel Holding Ltd. now owns 418,588 shares of the transportation company’s stock valued at $39,280,000 after buying an additional 413,322 shares in the last quarter. Sprucegrove Investment Management Ltd. raised its stake in Copa by 8.3% in the second quarter. Sprucegrove Investment Management Ltd. now owns 3,086,189 shares of the transportation company’s stock valued at $293,743,000 after buying an additional 236,850 shares during the last quarter. Point72 Asset Management L.P. acquired a new stake in Copa in the third quarter worth about $14,094,000. Finally, Public Employees Retirement System of Ohio purchased a new stake in shares of Copa during the third quarter worth about $9,764,000. 70.09% of the stock is currently owned by institutional investors.

Copa Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Monday, December 2nd were paid a $1.61 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $6.44 annualized dividend and a yield of 7.29%. Copa’s dividend payout ratio (DPR) is presently 42.59%.

Copa Company Profile

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.