LATAM Airlines Group (LTM) Stock Price, News & Analysis

Company Overview

LATAM Airlines Group S.A., together with its subsidiaries, provides passenger and cargo air transportation services in Peru, Argentina, the United States, Europe, Colombia, Brazil, Ecuador, Chile, the Asia Pacific, and rest of Latin America. The company operates in two segments, Air Transportation; and Multiplus Coalition and Loyalty Program. It provides passenger transport services to approximately 140 destinations in 25 countries with a fleet of 322 aircrafts, well as operates loyalty programs. The company was formerly known as LAN Airlines S.A. and changed its name to LATAM Airlines Group S.A. in June 2012. LATAM Airlines Group S.A. was founded in 1929 and is based in Santiago, Chile.

Key Stats

• Today's Range: $27.31 to $27.77
• 50-Day Range: $3.21 to $3.21
• 52-Week Range: $1.00 to $12.15
• Volume: 186,783 shs
• Average Volume: 193,771 shs
• Market Capitalization: $8.38 billion
• P/E Ratio: N/A
• Dividend Yield: 1.66%
• Price Target: $38.00
• Consensus Rating: Buy

LATAM Airlines Group Stock Analysis - MarketRank™

LATAM Airlines Group scored higher than 73% of companies evaluated by MarketBeat, and ranked 54th out of 128 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

LATAM Airlines Group has received a consensus rating of Buy. The company's average rating score is 3.25, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

LATAM Airlines Group has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 29.14%

Earnings Growth

Earnings for LATAM Airlines Group are expected to grow by 29.14% in the coming year, from $3.02 to $3.90 per share.

Price to Earnings Growth Ratio

LATAM Airlines Group has a PEG Ratio of 0.65. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

LATAM Airlines Group has a P/B Ratio of 11.70. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for LTM.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

LATAM Airlines Group pays a meaningful dividend of 1.67%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

LATAM Airlines Group does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, LATAM Airlines Group will have a dividend payout ratio of 11.79% next year. This indicates that LATAM Airlines Group will be able to sustain or increase its dividend.

Sustainability and ESG

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

Short Interest

There is no current short interest data available for LTM.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: N/A

Search Interest

5 people have searched for LTM on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.

MarketBeat Follows

2 people have added LATAM Airlines Group to their MarketBeat watchlist in the last 30 days.

Company Ownership

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

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

Only 7.81% of the stock of LATAM Airlines Group is held by insiders.

LTM Stock Analysis - Frequently Asked Questions

How were LATAM Airlines Group's earnings last quarter?

LATAM Airlines Group SA (NYSE:LTM) announced its quarterly earnings results on Wednesday, November, 21st. The transportation company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.01. The transportation company had revenue of $2.39 billion for the quarter, compared to analysts' expectations of $2.75 billion. LATAM Airlines Group had a net margin of 6.19% and a trailing twelve-month return on equity of 139.15%.

When did LATAM Airlines Group IPO?

LATAM Airlines Group (LTM) raised $533 million in an initial public offering on Thursday, July 25th 2024. The company issued 19,000,000 shares at $28.06 per share. Goldman Sachs, Barclays, J.P. Morgan, Citigroup, Santander, Deutsche Bank Securities, BNP Paribas, MUFG, Natixis and LarrainVial served as the underwriters for the IPO and Morgan Stanley was co-manager.

Who are LATAM Airlines Group's major shareholders?

LATAM Airlines Group's top institutional shareholders include Strategic Value Partners LLC (13.83%), Olympus Peak Asset Management LP (3.34%), Monarch Alternative Capital LP (1.29%) and Zimmer Partners LP (0.17%).
View institutional ownership trends.

What other stocks do shareholders of LATAM Airlines Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that LATAM Airlines Group investors own include Delta Air Lines (DAL), Boeing (BA), Carnival Co. & (CCL), NVIDIA (NVDA), American Airlines Group (AAL), Walt Disney (DIS) and United Airlines (UAL).

Company Calendar

• Last Earnings: 11/21/2018
• Today: 11/16/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/27/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Transportation
• Industry: Air transportation, scheduled
• Sub-Industry: N/A
• Current Symbol: NYSE:LTM
• Previous Symbol: NYSE:LFL
• CUSIP: N/A
• CIK: 1076195
• Web: www.latamairlinesgroup.net
• Phone: 562-565-2525
• Fax: 56-22565-8764
• Employees: 35,568
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $38.00
• High Stock Price Target: $40.00
• Low Stock Price Target: $36.00
• Potential Upside/Downside: +37.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 9.19
• P/E Growth: 0.65
• Net Income: $581.83 million
• Net Margins: 6.19%
• Pretax Margin: 6.37%
• Return on Equity: 139.15%
• Return on Assets: 5.29%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.68
• Quick Ratio: 0.60

Sales & Book Value

• Annual Sales: $11.64 billion
• Price / Sales: 0.72
• Cash Flow: $1.92 per share
• Price / Cash Flow: 14.43
• Book Value: $2.37 per share
• Price / Book: 11.70

Miscellaneous

• Outstanding Shares: 302,220,000
• Free Float: 278,616,000
• Market Cap: $8.38 billion
• Optionable: No Data
• Beta: 3.71