Copa Holdings S.A. (CPA) stock hits $102.41: Is it a good time to buy or wait for a dip?

Copa Holdings S.A. [CPA] stock is trading at $102.41, up 4.98%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CPA shares have gain 9.00% over the last week, with a monthly amount glided 13.57%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Copa Holdings S.A. [NYSE: CPA] stock has seen the most recent analyst activity on August 09, 2024, when TD Cowen reiterated its Buy rating and also revised its price target to $130 from $145. Previously, TD Cowen reaffirmed its Buy rating on June 18, 2024, and dropped its price target to $145. On May 24, 2024, Morgan Stanley initiated with a Overweight rating and assigned a price target of $140 on the stock. TD Cowen reiterated its Buy rating and increased its price target to $160 on May 17, 2024. JP Morgan upgraded its rating to a Overweight and raised its price target to $132 on January 13, 2023. Cowen upgraded its rating to Outperform for this stock on December 15, 2022, but kept the price target unchanged to $98. In a note dated October 27, 2022, UBS upgraded an Buy rating on this stock and boosted its target price from $79 to $120.

Copa Holdings S.A. [CPA] stock has fluctuated between $78.12 and $114.00 over the past year. Currently, Wall Street analysts expect the stock to reach $122.25 within the next 12 months. Copa Holdings S.A. [NYSE: CPA] shares were valued at $102.41 at the most recent close of the market. An investor can expect a potential return of 19.37% based on the average CPA price forecast.

Analyzing the CPA fundamentals

Copa Holdings S.A. [NYSE:CPA] reported sales of 3.50B for the trailing twelve months, which represents a growth of 1.26%. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.19%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.31 and Total Capital is 0.2. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.68.

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 99.65 points at the first support level, and at 96.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 103.81, and for the 2nd resistance point, it is at 105.22.

Ratios To Look Out For

For context, Copa Holdings S.A.’s Current Ratio is 0.98. In addition, the Quick Ratio stands at 0.89 and the Cash Ratio stands at 0.15. Considering the valuation of this stock, the price to sales ratio is 1.22, the price to book ratio is 1.91.

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