With 2.43 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.29 million shares. The 52-week range on AZUL shows that it touched its highest point at $6.29 and its lowest point at $0.48 during that stretch. It currently has a 1-year price target of $2.41. Beta for the stock currently stands at 1.76.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AZUL was down-trending over the past week, with a drop of -16.03%, but this was down by -65.61% over a month. Three-month performance dropped to -73.40% while six-month performance fell -79.93%. The stock lost -91.40% in the past year, while it has lost -67.66% so far this year. A look at the trailing 12-month EPS for AZUL yields -10.66 with Next year EPS estimates of 0.14. For the next quarter, that number is -0.11. This implies an EPS growth rate of 96.60% for this year and 212.19% for next year.
Float and Shares Shorts:
At present, 143.83 million AZUL shares are outstanding with a float of 111.76 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AZUL since 6 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$28.95465 being high and -$59.0675 being low. For AZUL, this leads to a yearly average estimate of -$45.45881. Based on analyst estimates, the high estimate for the next quarter is $0.08 and the low estimate is $0.02. The average estimate for the next quarter is thus $0.05.
