LATAM Airlines Group S.A. ADR [LTM] stock is trading at $48.41, up 0.77%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LTM shares have gain 7.10% over the last week, with a monthly amount glided 15.40%, and 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.
LATAM Airlines Group S.A. ADR [LTM] stock has fluctuated between $23.59 and $48.11 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 $48.41 at the most recent close of the market. An investor can expect a potential drop of -17.37% based on the average LTM price forecast.
Analyzing the LTM fundamentals
LATAM Airlines Group S.A. ADR [NYSE:LTM] reported sales of 13.19B for the trailing twelve months, which represents a growth of 9.08%. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 1.41 and Total Capital is 0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of8.22.
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 47.94 points at the first support level, and at 47.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 48.78, and for the 2nd resistance point, it is at 49.14.
Ratios To Look Out For
For context, LATAM Airlines Group S.A. ADR’s Current Ratio is 0.59. Also, the Quick Ratio is 0.52, while the Cash Ratio stands at 0.29. Considering the valuation of this stock, the price to sales ratio is 1.11, the price to book ratio is 16.01 and price to earnings (TTM) ratio is 12.46.
