Azul S.A. ADR (AZUL) stock: 12-month forecast projects 37.55% potential return%

Azul S.A. ADR [AZUL] stock prices are up 1.86% to $7.67 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AZUL shares have gain 2.68% over the last week, with a monthly amount glided 1.86%, and seem to be holding up well over a long-time horizon.

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On 1, February 2024, Azul is once again recognized by its Successful Capital Optimization Plan concluded in 2023. In a post published today on Yahoo Finance, Azul has been awarded with the Global Restructuring Deal of The Year by the Aviation 100 Awards in DublinImage Gallery.

From an analyst’s perspective:

Azul S.A. ADR [NYSE: AZUL] stock has seen the most recent analyst activity on September 22, 2023, when HSBC Securities initiated its Buy rating and assigned the stock a price target of $12.30. Previously, Goldman upgraded its rating to Buy on September 20, 2023, and elevated its price target to $18.30. On July 10, 2023, upgrade upgraded it’s rating to Equal Weight and revised its price target to $14 on the stock. BofA Securities upgraded its rating to a Neutral and increased its price target to $11 on May 22, 2023. UBS upgraded its rating to a Neutral. Morgan Stanley upgraded its rating to Equal-Weight for this stock on March 15, 2023, and upped its price target to $8.60. In a note dated July 06, 2022, Barclays downgraded an Underweight rating on this stock and revised its target price from $17 to $7.

The stock price of Azul S.A. ADR [AZUL] has been fluctuating between $5.80 and $13.86 over the past year. Currently, Wall Street analysts expect the stock to reach $10.55 within the next 12 months. Azul S.A. ADR [NYSE: AZUL] shares were valued at $7.67 at the most recent close of the market. An investor can expect a potential return of 37.55% based on the average AZUL price forecast.

Analyzing the AZUL fundamentals

The Azul S.A. ADR [NYSE:AZUL] reported sales of 3.58B for trailing twelve months, representing a surge of 20.68%. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is 0.03 and Total Capital is 0.46. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -1.25.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 7.51 points at the first support level, and at 7.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.79, and for the 2nd resistance point, it is at 7.90.

Azul S.A. ADR [AZUL] reported earnings per share of -$0.64 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.05/share, meaning a difference of -$0.69 and a surprise factor of -1,380.00%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were -$0.81 per share as compared to estimates of -$0.6 per share, a difference of -$0.21 representing a surprise of -35.00%.

Ratios To Look Out For

It’s worth pointing out that Azul S.A. ADR [NYSE:AZUL]’s Current Ratio is 0.42. As well, the Quick Ratio is 0.35, while the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 0.24.

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