Copa Holdings SA (NYSE: CPA) has reported E.P.S. of $2.88 for its second fiscal quarter (ending June 30) versus $0.44 for the same period a year ago — an increase of 555%. This performance was $0.06 better than the consensus estimate of $2.82. E.P.S. were $16.24 for the latest four quarters through June 30 versus $8.68 for the same period a year ago — an increase of 87%.
Recent Price Action
Copa Holdings SA (NYSE: CPA) stock declined modestly by -1.2% on 8/7/24. The stock closed at $82.99. Moreover, unusually high trading volume at 181% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months and has declined -8.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, CPA is expected to continue to be a major Value Builder.
Copa Holdings has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Copa Holdings has a very high Appreciation Score of 90 but a slightly negative Power Rating of 39, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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