Avianca Holdings SA (AVH) Posts Quarterly Earnings, Beats Expectations By $0.11 EPS
Avianca Holdings SA (NYSE:AVH) issued its quarterly earnings data on Monday. The company reported $0.15 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.04 by $0.11, Analyst Ratings News reports.
Avianca Holdings SA (NYSE:AVH) opened at 16.00 on Monday. Avianca Holdings SA has a 52-week low of $13.78 and a 52-week high of $18.59. The stock’s 50-day moving average is $16.30 and its 200-day moving average is $16.39. The company has a market cap of $1.994 billion and a P/E ratio of 20.01.
A number of research firms have recently commented on AVH. Analysts at Zacks upgraded shares of Avianca Holdings SA from an “underperform” rating to a “neutral” rating in a research note on Wednesday, July 23rd. They now have a $16.80 price target on the stock. On a related note, analysts at Bank of America downgraded shares of Avianca Holdings SA from a “buy” rating to a “neutral” rating in a research note on Monday, July 21st. Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of Avianca Holdings SA from $22.00 to $19.00 in a research note on Thursday, May 22nd. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $18.60.
Avianca Holdings SA is a Panama-based company engaged, through its subsidiaries, in the provision of air transportation services for passengers and commercial purposes.
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