The trading price of Azul S.A. (NYSE:AZUL) closed higher on Tuesday, Jan 12, closing at $19.8, 7.58% higher than its previous close.

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Traders who pay close attention to intraday price movement should know that it fluctuated between $19.91 and $21.34. The company’s P/E ratio in the trailing 12-month period was 0, while its 5Y monthly beta was 1.63. In examining the 52-week price action we see that the stock hit a 52-week high of $44.55 and a 52-week low of $5.3. Over the past month, the stock has suffered -10.88% in value.

Azul S.A., whose market valuation is $2.3 Billion at the time of this writing, is expected to release its quarterly earnings report on March 04, 2021. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -$0.88 per share this quarter, however they have predicted annual earnings per share of -$6.43 for 2021 and -$1.22 for 2022. It means analysts are expecting annual earnings per share growth of -3.39% this year and -0.81% next year.

Analysts have forecast the company to bring in revenue of $338.48 Million for the quarter, with the likely lows of $303.28 Million and highs of $387.98 Million. The average estimate suggests sales will likely down by -57.2% this quarter compared to what was recorded in the comparable quarter last year. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue in 2021 is $1.11 Billion. The company’s revenue is forecast to drop by -61.6% over what it did in 2020.

A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Azul S.A. 1 upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest AZUL has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.

Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned AZUL a recommendation rating is 12. Out of them, 6 rate it a Hold, while 5 recommend Buy, whereas none assign an Outperform rating. None analyst(s) have tagged Azul S.A. (AZUL) as Underperform, while 1 advise Sell. Analysts have rated the stock Overweight, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.

To see how Azul S.A. stock has been performing in comparison to its peers in the industry, here are the numbers: AZUL stock’s performance was +7.58% in the latest trading, and -49.29% in the past year, while Southwest Airlines Company (LUV) has traded +1.45% on the day and positioned -10.85% lower than it was a year ago. Another comparable company Delta Air Lines Inc (DAL) saw its stock close 2.26% higher in the most recent trading session but was down -32.26% in a year. Furthermore, Ryanair Hlds Plc (RYAAY) showed an increase of 7.58% on the day while its price kept declining at -49.29% over the past year. Azul S.A. has a P/E ratio of 0, compared to Southwest Airlines Company’s 0 and Delta Air Lines Inc’s 0. Also in last trading session, the S&P 500 Index has surged 0.04%, while the Dow Jones Industrial also saw a positive session, up +0.19% on the day.

An evaluation of the daily trading volume of Azul S.A. (NYSE:AZUL) indicates that the 3-month average is 1.75 Million. However, this figure has declined over the past 10 days to an average of 1.15 Million.

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Currently, records show that 114.01 Million of the company’s shares remain outstanding. According to Thomson Reuters data, insiders hold 0% of outstanding shares, whereas institutions hold 33.6%. The stats also highlight that short interest as of December 14, 2020, stood at 9.32 Million shares, resulting in a short ratio of 4.87 at that time. From this, we can conclude that short interest is 8.18% of the company’s total outstanding shares. It is noteworthy that short shares in December were down slightly from the previous month’s figure, which was 13.47 Million. However, since the stock’s price has seen -6.66% year-to-date, investors’ interest is likely to be reignited due to its potential to move higher ahead.

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