What is Zacks Research’s Forecast for Copa FY2028 Earnings?

Copa Holdings, S.A. (NYSE:CPA) – Equities researchers at Zacks Research issued their FY2028 EPS estimates for Copa in a note issued to investors on Tuesday, February 24th. Zacks Research analyst Team expects that the transportation company will post earnings per share of $21.09 for the year. The consensus estimate for Copa’s current full-year earnings is $15.48 per share.

CPA has been the subject of several other reports. Wall Street Zen upgraded Copa from a “hold” rating to a “buy” rating in a research report on Sunday, February 8th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Copa in a research note on Wednesday, January 21st. Itau BBA Securities started coverage on shares of Copa in a research note on Sunday, November 30th. They issued a “market perform” rating on the stock. Raymond James Financial set a $164.00 target price on Copa and gave the stock a “strong-buy” rating in a report on Monday, November 3rd. Finally, The Goldman Sachs Group cut Copa from a “buy” rating to a “neutral” rating and upped their target price for the company from $150.00 to $151.00 in a report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $167.75.

Copa Trading Up 0.2%

CPA stock opened at $148.21 on Thursday. The business’s 50-day moving average is $135.40 and its 200 day moving average is $125.63. Copa has a 12-month low of $82.54 and a 12-month high of $156.41. The stock has a market cap of $6.10 billion, a price-to-earnings ratio of 9.11, a PEG ratio of 0.98 and a beta of 0.92. The company has a current ratio of 1.23, a quick ratio of 1.13 and a debt-to-equity ratio of 0.65.

Copa (NYSE:CPA) last released its earnings results on Wednesday, February 11th. The transportation company reported $4.18 EPS for the quarter, missing analysts’ consensus estimates of $4.44 by ($0.26). The company had revenue of $962.89 million for the quarter, compared to analysts’ expectations of $959.22 million. Copa had a return on equity of 25.62% and a net margin of 18.57%.The firm’s revenue for the quarter was up 9.6% on a year-over-year basis. During the same period in the prior year, the firm earned $3.99 EPS.

Hedge Funds Weigh In On Copa

Large investors have recently bought and sold shares of the business. Cullen Capital Management LLC boosted its holdings in Copa by 13.7% in the third quarter. Cullen Capital Management LLC now owns 209,401 shares of the transportation company’s stock valued at $24,881,000 after purchasing an additional 25,173 shares in the last quarter. Carrera Capital Advisors purchased a new stake in shares of Copa during the 3rd quarter worth approximately $4,363,000. GSA Capital Partners LLP lifted its position in Copa by 657.8% in the third quarter. GSA Capital Partners LLP now owns 19,786 shares of the transportation company’s stock valued at $2,351,000 after acquiring an additional 17,175 shares during the last quarter. Savant Capital LLC acquired a new stake in shares of Copa during the second quarter worth about $240,000. Finally, Artisan Partners Limited Partnership lifted its holdings in shares of Copa by 26.2% in the 2nd quarter. Artisan Partners Limited Partnership now owns 214,533 shares of the transportation company’s stock valued at $23,592,000 after purchasing an additional 44,513 shares during the last quarter. Hedge funds and other institutional investors own 70.09% of the company’s stock.

Copa Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 27th will be issued a dividend of $1.71 per share. This is a positive change from Copa’s previous quarterly dividend of $1.61. The ex-dividend date is Friday, February 27th. This represents a $6.84 annualized dividend and a yield of 4.6%. Copa’s dividend payout ratio (DPR) is currently 39.58%.

Copa Company Profile

Copa Holdings, SA (NYSE:CPA) is a Panama‐based aviation holding company that provides passenger and cargo air transportation across the Americas and the Caribbean. Through its principal subsidiary, Copa Airlines, the company operates a modern fleet of Boeing 737 aircraft, offering scheduled flights that connect passengers through its Tocumen International Airport hub in Panama City. The company also offers dedicated cargo services under the Copa Cargo brand, leveraging belly hold capacity on its passenger flights to transport freight throughout its network.

The roots of Copa Holdings trace back to 1947, when Compañía Panameña de Aviación began operations as the flag carrier of Panama.