Azul (AZUL) Stock Price, News & Analysis

Company Overview

Azul S.A., 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. It is involved in the cargo or mail, passenger charter, intellectual property owner, frequent-flyer program, airline operations, travel packages, funding, and aircraft financing activities; and provision of maintenance and hangarage services for aircraft, engines, parts and pieces. The company was incorporated in 2008 and is headquartered in Barueri, Brazil.

Key Stats

• Today's Range: $2.48 to $2.68
• 50-Day Range: $2.09 to $3.53
• 52-Week Range: $2.02 to $11.11
• Volume: 1.01 million shs
• Average Volume: 1.46 million shs
• Market Capitalization: $1.08 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $6.59
• Consensus Rating: Hold

Azul Stock Analysis - MarketRank™

Azul scored higher than 47% of companies evaluated by MarketBeat, and ranked 88th 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: 3.1 / 5
• Analyst Rating: Hold

Consensus Rating

Azul has received a consensus rating of Hold. The company's average rating score is 2.10, and is based on 2 buy ratings, 7 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Azul has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Azul are expected to grow in the coming year, from ($1.62) to ($0.60) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Azul is -0.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Azul is -0.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.72% of the outstanding shares of Azul have been sold short.

Short Interest Ratio / Days to Cover

Azul has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Azul has recently decreased by 5.71%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Azul does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.72% of the outstanding shares of Azul have been sold short.

Short Interest Ratio / Days to Cover

Azul has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Azul has recently decreased by 5.71%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.12

News Sentiment

Azul has a news sentiment score of 0.12. 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 0.56 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 16 news articles for Azul this week, compared to 8 articles on an average week.

Search Interest

4 people have searched for AZUL on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

Only 1.00% of the stock of Azul is held by insiders.

Percentage Held by Institutions

Only 0.82% of the stock of Azul is held by institutions.

AZUL Stock Analysis - Frequently Asked Questions

How have AZUL shares performed this year?

Azul's stock was trading at $9.69 on January 1st, 2024. Since then, AZUL stock has decreased by 73.5% and is now trading at $2.57.
View the best growth stocks for 2024 here.

How were Azul's earnings last quarter?

Azul S.A. (NYSE:AZUL) posted its quarterly earnings data on Monday, August, 12th. The company reported ($1.23) earnings per share for the quarter, missing the consensus estimate of ($0.60) by $0.63. The business earned $800.65 million during the quarter, compared to analysts' expectations of $791.43 million.

When did Azul IPO?

Azul (AZUL) raised $572 million in an IPO on Tuesday, April 11th 2017. The company issued 28,500,000 shares at $20.06 per share. Citigroup, Itaú BBA and Deutsche Bank Securities served as the underwriters for the IPO and Banco do Brasil Securities, Bradesco BBI, Santander, JPMorgan, Raymond James and Safra were co-managers.

Who are Azul's major shareholders?

Top institutional shareholders of Azul include Perpetual Ltd (0.56%), Whitebox Advisors LLC, Jane Street Group LLC (0.05%) and Centiva Capital LP (0.05%).

How do I buy shares of Azul?

Shares of AZUL 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 Azul own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Azul investors own include Salesforce (CRM), Bank of America (BAC), QUALCOMM (QCOM), Chevron (CVX), Bristol-Myers Squibb (BMY), AbbVie (ABBV) and Citigroup (C).

Company Calendar

• Last Earnings: 8/12/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Transportation
• Industry: Air transportation, scheduled
• Sub-Industry: Transportation
• Current Symbol: NYSE:AZUL
• CUSIP: N/A
• CIK: 1432364
• Web: www.voeazul.com.br
• Phone: 551148312880
• Fax: N/A
• Employees: 16,017
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $6.59
• High Stock Price Target: $12.00
• Low Stock Price Target: $2.70
• Potential Upside/Downside: +156.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.10
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($7.10)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-476,800,000.00
• Net Margins: -22.28%
• Pretax Margin: -39.31%
• Return on Equity: N/A
• Return on Assets: -7.09%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.28
• Quick Ratio: 0.23

Sales & Book Value

• Annual Sales: $3.74 billion
• Price / Sales: 0.29
• Cash Flow: $0.12 per share
• Price / Cash Flow: 22.25
• Book Value: ($10.13) per share
• Price / Book: -0.25

Miscellaneous

• Outstanding Shares: 421,570,000
• Free Float: 417,355,000
• Market Cap: $1.08 billion
• Optionable: Optionable
• Beta: 1.99