Copa (CPA) Set to Announce Earnings on Wednesday

Copa (NYSE:CPA) will release 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 that are interested in participating in the company’s earnings conference call can do so using this link.

Copa Trading Down 1.2 %

Copa stock opened at $102.56 on Monday. Copa has a 52 week low of $80.01 and a 52 week 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. The firm has a market capitalization of $4.04 billion, a PE ratio of 6.28, a PEG ratio of 0.64 and a beta of 1.48. The business’s 50-day simple moving average is $95.65 and its 200-day simple moving average is $94.97.

Wall Street Analyst Weigh In

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