Copa (CPA) Scheduled to Post Quarterly Earnings on Wednesday

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

Copa Stock Down 0.6 %

Copa stock opened at $98.57 on Wednesday. The stock has a market capitalization of $3.89 billion, a PE ratio of 6.03, a price-to-earnings-growth ratio of 0.61 and a beta of 1.48. The company has a 50 day moving average of $94.85 and a 200-day moving average of $94.87. Copa has a twelve month low of $80.01 and a twelve month high of $114.00. The company has a quick ratio of 0.89, a current ratio of 0.98 and a debt-to-equity ratio of 0.56.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Evercore ISI dropped their price objective on Copa from $165.00 to $150.00 and set an “outperform” rating for the company in a research note on Thursday, August 8th. 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. TD Cowen reduced their price objective on Copa from $145.00 to $130.00 and set a “buy” rating for the company in a research note on Friday, August 9th. JPMorgan Chase & Co. reduced their price objective on shares of Copa from $180.00 to $175.00 and set an “overweight” rating on the stock in a report on Thursday, August 29th. Finally, StockNews.com lowered Copa from a “buy” rating to a “hold” rating in a report on Friday, November 8th. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus 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.