The trading price of LATAM Airlines Group S.A. ADR (NYSE:LTM) floating lower at last check on current market day and closing at $37.74, -1.38% lower than its previous close.
The company’s P/E ratio in the trailing 12-month period was 10.60. In examining the 52-week price action we see that the stock hit a 52-week high of $1078.80 and a 52-week low of $21.83. Over the past month, the stock has gained 6.25% in value.
LATAM Airlines Group S.A. ADR, whose market valuation is $11.41 billion at the time of this writing, is expected to release its quarterly earnings report in July. The dividend yield on the company stock is 2.68%, while its Forward Dividend ratio is 1.01. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest LTM 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.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 0.79, which symbolizes a positive outlook. A quick review shows that LTM’s price is currently -1.20% off the SMA20 and 10.24% off the SMA50. The RSI metric on the 14-day chart is currently showing 54.27, and weekly volatility stands at 2.73%. When measured over the past 30 days, the indicator reaches 1.55%. LATAM Airlines Group S.A. ADR (NYSE:LTM)’s beta value is currently sitting at 3.54, while the Average True Range indicator is currently displaying 1.04. With analysts defining $40-$40 as the low and high price targets, we arrive at a consensus price target of $40 for the trailing 12-month period. The current price is about -5.99% off the estimated low and -5.99% off the forecast high, based on this estimate. Investors will be thrilled if LTM’s share price rises to $40, which is the median consensus price. At that level, LTM’s share price would be -5.99% below current price.
To see how LATAM Airlines Group S.A. ADR stock has been performing today in comparison to its peers in the industry, here are the numbers: LTM stock’s performance was -1.38% at last check in today’s session, and -96.43% in the past year. LATAM Airlines Group S.A. ADR has a P/E ratio of 10.60.
An evaluation of the daily trading volume of LATAM Airlines Group S.A. ADR (NYSE:LTM) indicates that the 3-month average is 510.32K.
Currently, records show that 302.22 million of the company’s shares remain outstanding. The insiders hold 13.83% of outstanding shares, whereas institutions hold 7.07%. However, since the stock’s price has seen 36.84% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
