At the time of writing, LATAM Airlines Group S.A. ADR [LTM] stock is trading at $36.30, up 2.98%. 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 10.60% over the last week, with a monthly amount glided 23.39%, 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.
For the past year, the stock price of LATAM Airlines Group S.A. ADR fluctuated between $21.83 and $1125.00. 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 $36.30 at the most recent close of the market. An investor can expect a potential return of 10.19% based on the average LTM price forecast.
Analyzing the LTM fundamentals
According to LATAM Airlines Group S.A. ADR [NYSE:LTM], the company’s sales were 12.91B for trailing twelve months, which represents an 2.49% jump. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.13%, 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 0.07, Equity is 1.46 and Total Capital is 0.19. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of7.46.
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 35.43 points at the first support level, and at 34.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.77, and for the 2nd resistance point, it is at 37.23.
Ratios To Look Out For
It is important to note that LATAM Airlines Group S.A. ADR [NYSE:LTM] has a current ratio of 0.61. Also, the Quick Ratio is 0.55, while the Cash Ratio stands at 0.32. Considering the valuation of this stock, the price to sales ratio is 0.85, the price to book ratio is 11.55 and price to earnings (TTM) ratio is 10.20.
