Seaport Res Ptn cut shares of Azul (NYSE:AZUL - Free Report) from a strong-buy rating to a hold rating in a report published on Wednesday,Zacks.com reports. Seaport Res Ptn also issued estimates for Azul's Q1 2025 earnings at ($0.03) EPS, Q2 2025 earnings at ($0.24) EPS, Q3 2025 earnings at $0.21 EPS, Q4 2025 earnings at $0.33 EPS, FY2025 earnings at $0.30 EPS, FY2026 earnings at $0.39 EPS and FY2027 earnings at $0.42 EPS.
AZUL has been the topic of a number of other reports. Raymond James decreased their target price on shares of Azul from $6.00 to $5.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 4th. The Goldman Sachs Group decreased their target price on shares of Azul from $3.10 to $2.70 and set a "neutral" rating on the stock in a research note on Thursday, January 16th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $5.40.
Read Our Latest Stock Report on AZUL
Azul Stock Down 1.1 %
AZUL traded down $0.02 during trading on Wednesday, reaching $1.85. The company's stock had a trading volume of 757,152 shares, compared to its average volume of 1,396,573. The firm has a fifty day simple moving average of $2.00 and a two-hundred day simple moving average of $2.58. Azul has a 1 year low of $1.57 and a 1 year high of $8.73. The company has a market cap of $779.91 million, a price-to-earnings ratio of -0.26 and a beta of 2.00.
Institutional Trading of Azul
Institutional investors have recently made changes to their positions in the company. Creative Planning purchased a new stake in shares of Azul during the 3rd quarter valued at approximately $35,000. Ground Swell Capital LLC purchased a new stake in shares of Azul during the 3rd quarter valued at approximately $44,000. Trellis Wealth Advisors LLC purchased a new stake in shares of Azul during the 4th quarter valued at approximately $32,000. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Azul during the 4th quarter valued at approximately $42,000. Finally, Two Sigma Securities LLC raised its position in shares of Azul by 44.6% during the 4th quarter. Two Sigma Securities LLC now owns 29,311 shares of the company's stock valued at $49,000 after buying an additional 9,038 shares during the period. Hedge funds and other institutional investors own 0.82% of the company's stock.
About Azul
(
Get Free Report)
Azul SA, together with its subsidiaries, provides air transportation services in Brazil and internationally. As of December 31, 2023, the company operated approximately 1,000 daily departures to 160 destinations through a network of 300 non-stop routes with an operating fleet of 183 aircraft and a passenger contractual fleet of 189 aircraft.
Featured Stories
Before you consider Azul, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Azul wasn't on the list.
While Azul currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
