Azul S.A. (NYSE:AZUL) concluded the trading on Wednesday, Sep 16, with a rise of 4.43% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $16.02 and 5Y monthly beta was reading 0.85 with its price kept floating in the range of $15.94 and $16.98 on the day. Company’s P/E ratio for the trailing 12 months is 0. Considering stock’s 52-week price range provides that AZUL hit a high price of $44.55 and saw its price falling to a low level of $5.3 during that period. Over a period of past 1-month, stock came adding 44.6% in its value.

With its current market valuation of $1.81 Billion, Azul S.A. is set to declare its quarterly results on November 05, 2020. AZUL Stock’s Forward Dividend of 0 and its yield of 0 are making investors’ thoughts stronger that it could fall further before the company announces its earnings for the current quarter. Analysts are in estimates of -$1.03 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving down to -$4.46 for 2020 with estimates of that growing to -$0.54 in next year. These estimates are suggesting current year growth of -2.66% for EPS and -0.88% growth next year.

In contrast, when we review AZUL stock’s current outlook then short term indicators are assigning it an average of 50% Buy, while medium term indicators are categorizing the stock at an average of Hold. Long term indicators are suggesting an average of Hold for it.

According to ratings assigned by 12 analysts at the scale of 1 to 5 with 1.00 representing a strong buy and 5.00 suggesting a strong sell; 7 of them are recommending Azul S.A. (AZUL) as a Hold, while 3 are in view that stock is a Buy. Recommendation by 1 analysts for the stock is an Outperform while number of those analysts who rated the stock as Underperform is none, whereas 1 of them are considering the stock as a Sell. When taken as whole, stock gets a rating of Hold and that encourages the investors to exploit the opportunity and build their stake up in the company.

In comparing Azul S.A. (AZUL)’s stock with other industry players reveals that stock’s latest price change of +4.43% and that of -53.22% over the past 12 months is in competing position with that of Southwest Airlines Company (LUV) which saw its stock price raised by 3.67% in the recent trading and went through a decline of -24.46% in past 12-month trading. Industry’s another major player Delta Air Lines Inc (DAL) has jumped 3.16% up in latest trading session, but over the past year has faced a fall of -41.77%, while Ryanair Hlds Plc (RYAAY) is also up 4.43% however its price remained floating in the red at -53.22% over the same period. Azul S.A. has a P/E ratio of 0 against that of Southwest Airlines Company’s 123.46 while Delta Air Lines Inc is showing 0 for the same. On the other hand, the S&P 500 Index was down -0.46% in the early deals while the Dow Jones Industrial was dealing higher at 0.13%.

Having a second look at Azul S.A. (NYSE:AZUL) provides that stock’s average daily trading volume for 3 months was 2.51 Million, while it jumped to 3.19 Million when we calculate an average volume for past 10 days. Number of outstanding shares of the stock currently stood at 113.94 Million.

Data compiled by Thomson Reuters highlights that percentage of outstanding shares held by the insiders is 0% while it is 40.4% for the institutional holders. The figures also indicate that as of August 30, 2020, number of stock’s short shares was 12100000 which implies a short ratio of 5.24. This shows up a 9.58% of Short Interest in company’s outstanding shares on the day. In August the standing of shares short improved as it was 11.45 Million in the previous month. Drop of -60.91% by stock’s current price to its year-to-date value in today’s trading is likely to be increasing investors’ worries about the stock as it is hinting a further drop.