Copa (CPA) Stock Price, News & Analysis

Company Overview

Copa Holdings, S.A., through its subsidiaries, provides airline passenger and cargo services. The company offers approximately 375 daily scheduled flights to 82 destinations in 32 countries in North, Central, and South America, as well as the Caribbean from its Panama City hub. As of December 31, 2023, it operated a fleet of 106 aircraft comprising 76 Boeing 737-Next Generation aircraft, 29 Boeing 737 MAX 9 aircraft, and one Boeing 737-800 Boeing Converted Freighter. The company was founded in 1947 and is based in Panama City, Panama.

Key Stats

• Today's Range: $88.11 to $90.26
• 50-Day Range: $86.21 to $107.39
• 52-Week Range: $80.01 to $114.00
• Volume: 298,375 shs
• Average Volume: 294,570 shs
• Market Capitalization: $3.50 billion
• P/E Ratio: 5.88
• Dividend Yield: 7.25%
• Price Target: $148.83
• Consensus Rating: Buy

Copa Stock Analysis - MarketRank™

Copa scored higher than 96% of companies evaluated by MarketBeat, and ranked 11th out of 127 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Buy

Consensus Rating

Copa has received a consensus rating of Buy. The company's average rating score is 3.17, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Copa has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 8.29%

Earnings Growth

Earnings for Copa are expected to grow by 8.29% in the coming year, from $14.48 to $15.68 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Copa is 5.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.04.

Price to Earnings Ratio vs. Sector

The P/E ratio of Copa is 5.88, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 17.84.

Price to Earnings Growth Ratio

Copa has a PEG Ratio of 0.72. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Copa has a P/B Ratio of 1.65. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.75% of the float of Copa has been sold short.

Short Interest Ratio / Days to Cover

Copa has a short interest ratio ("days to cover") of 4.4.

Change versus previous month

Short interest in Copa has recently decreased by 0.68%, indicating that investor sentiment is improving.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Copa is a leading dividend payer. It pays a dividend yield of 7.44%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Copa does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Copa is 42.59%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Copa will have a dividend payout ratio of 41.07% next year. This indicates that Copa will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -9.87

Percentage of Shares Shorted

4.75% of the float of Copa has been sold short.

Short Interest Ratio / Days to Cover

Copa has a short interest ratio ("days to cover") of 4.4.

Change versus previous month

Short interest in Copa has recently decreased by 0.68%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.34

News Sentiment

Copa has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Copa this week, compared to 6 articles on an average week.

Search Interest

22 people have searched for CPA on MarketBeat in the last 30 days. This is an increase of 38% compared to the previous 30 days.

MarketBeat Follows

Only 11 people have added Copa to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Copa insiders have not sold or bought any company stock.

Percentage Held by Institutions

70.09% of the stock of Copa is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CPA Stock Analysis - Frequently Asked Questions

How have CPA shares performed this year?

Copa's stock was trading at $106.31 at the beginning of 2024. Since then, CPA stock has decreased by 16.4% and is now trading at $88.87.
View the best growth stocks for 2024 here.

How were Copa's earnings last quarter?

Copa Holdings, S.A. (NYSE:CPA) issued its quarterly earnings results on Wednesday, November, 20th. The transportation company reported $3.50 earnings per share for the quarter, beating the consensus estimate of $3.48 by $0.02. The business's quarterly revenue was down 1.5% on a year-over-year basis.

Who are Copa's major shareholders?

Top institutional shareholders of Copa include Baillie Gifford & Co. (9.07%), FMR LLC (3.23%), Carrhae Capital LLP (1.41%) and Marathon Asset Management Ltd (1.31%).

How do I buy shares of Copa?

Shares of CPA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Copa own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Copa investors own include AbbVie (ABBV), Exxon Mobil (XOM), UnitedHealth Group (UNH), Chevron (CVX), Meta Platforms (META), NVIDIA (NVDA) and Walmart (WMT).

Company Calendar

• Last Earnings: 11/20/2024
• Ex-Dividend for 12/13 Dividend: 12/02/2024
• Dividend Payable: 12/13/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Transportation
• Industry: Air transportation, scheduled
• Sub-Industry: Airlines
• Current Symbol: NYSE:CPA
• CUSIP: P3107610
• CIK: 1345105
• Web: copa.gcs-web.com
• Phone: 5075073042774
• Fax: 507-304-2535
• Employees: 7,625
• Year Founded: 1947

Price Target and Rating

• Average Stock Price Target: $148.83
• High Stock Price Target: $175.00
• Low Stock Price Target: $130.00
• Potential Upside/Downside: +67.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.17
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $15.12
• Trailing P/E Ratio: 5.88
• Forward P/E Ratio: 6.14
• P/E Growth: 0.72
• Net Income: $514.10 million
• Net Margins: 18.20%
• Pretax Margin: 20.89%
• Return on Equity: 28.46%
• Return on Assets: 11.85%

Debt

• Debt-to-Equity Ratio: 0.56
• Current Ratio: 1.09
• Quick Ratio: 0.99

Sales & Book Value

• Annual Sales: $3.48 billion
• Price / Sales: 1.01
• Cash Flow: $24.22 per share
• Price / Cash Flow: 3.67
• Book Value: $53.84 per share
• Price / Book: 1.65

Miscellaneous

• Outstanding Shares: 39,416,000
• Free Float: N/A
• Market Cap: $3.50 billion
• Optionable: Optionable
• Beta: 1.45