LATAM Airlines Group S.A. ADR [LTM] stock prices are up 0.38% to $31.86 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LTM shares have lost -1.76% over the last week, with a monthly amount drifted -0.22%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
LATAM Airlines Group S.A. ADR [NYSE: LTM] stock has seen the most recent analyst activity on October 01, 2024, when Morgan Stanley initiated its Overweight rating and assigned the stock a price target of $40.
The stock price of LATAM Airlines Group S.A. ADR [LTM] has been fluctuating between $21.83 and $1200.00 over the past year. Currently, Wall Street analysts expect the stock to reach $40 within the next 12 months. LATAM Airlines Group S.A. ADR [NYSE: LTM] shares were valued at $31.86 at the most recent close of the market. An investor can expect a potential return of 25.55% based on the average LTM price forecast.
Analyzing the LTM fundamentals
The LATAM Airlines Group S.A. ADR [NYSE:LTM] reported sales of 12.83B for trailing twelve months, representing a surge of 3.92%. Gross Profit Margin for this corporation currently stands at 0.25% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 1.51 and Total Capital is 0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 9.89.
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 31.62 points at the first support level, and at 31.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.17, and for the 2nd resistance point, it is at 32.48.
Ratios To Look Out For
It’s worth pointing out that LATAM Airlines Group S.A. ADR [NYSE:LTM]’s Current Ratio is 0.61. As well, the Quick Ratio is 0.54, while the Cash Ratio is 0.31. Considering the valuation of this stock, the price to sales ratio is 0.75, the price to book ratio is 13.25 and price to earnings (TTM) ratio is 9.83.
