Copa (CPA) Set to Announce Quarterly 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. Individual that wish to register for the company’s earnings conference call can do so using this link.

Copa Stock Up 0.3 %

NYSE CPA opened at $102.89 on Tuesday. Copa has a one year low of $80.01 and a one 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. The business has a fifty day moving average price of $96.00 and a 200 day moving average price of $94.99. The company has a market cap of $4.06 billion, a P/E ratio of 6.30, a P/E/G ratio of 0.64 and a beta of 1.48.

Analyst Ratings Changes

Several brokerages have issued reports on CPA. Evercore ISI dropped their target price on Copa from $165.00 to $150.00 and set an “outperform” rating for the company in a report on Thursday, August 8th. JPMorgan Chase & Co. reduced their price target on shares of Copa from $180.00 to $175.00 and set an “overweight” rating on the stock in a research note on Thursday, August 29th. TD Cowen dropped their target price on Copa from $145.00 to $130.00 and set a “buy” rating for the company in a research report on Friday, August 9th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Copa from $145.00 to $130.00 and set a “buy” rating for the company in a research note on Thursday, August 8th. Finally, StockNews.com cut shares of Copa from a “buy” rating to a “hold” rating in a research report on Saturday. 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 company. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $148.83.

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.