Wall Street analysts predict that Gol Linhas Aereas Inteligentes SA (NYSE:GOL) will report $0.30 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have made estimates for Gol Linhas Aereas Inteligentes SA’s earnings. Gol Linhas Aereas Inteligentes SA reported earnings per share of $2.77 in the same quarter last year, which suggests a negative year-over-year growth rate of 89.2%. The company is expected to announce its next quarterly earnings report on Wednesday, May 10th.

According to Zacks, analysts expect that Gol Linhas Aereas Inteligentes SA will report full-year earnings of ($0.35) per share for the current year. For the next financial year, analysts expect that the company will post earnings of $0.95 per share. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Gol Linhas Aereas Inteligentes SA.

Several equities analysts have recently issued reports on the company. HSBC Holdings plc upgraded Gol Linhas Aereas Inteligentes SA from a “reduce” rating to a “hold” rating in a research report on Wednesday, April 5th. Deutsche Bank AG upgraded Gol Linhas Aereas Inteligentes SA from a “hold” rating to a “buy” rating in a research report on Thursday, February 2nd. Zacks Investment Research upgraded Gol Linhas Aereas Inteligentes SA from a “hold” rating to a “strong-buy” rating and set a $24.00 target price for the company in a research report on Friday, February 10th. Finally, Bank of America Corp upgraded Gol Linhas Aereas Inteligentes SA from a “neutral” rating to a “buy” rating in a research report on Monday, January 30th. Five investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $23.13.

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Gol Linhas Aereas Inteligentes SA (NYSE:GOL) opened at 31.43 on Thursday. Gol Linhas Aereas Inteligentes SA has a 12 month low of $6.00 and a 12 month high of $33.46. The company has a market cap of $1.09 billion, a price-to-earnings ratio of 4.03 and a beta of 2.09. The company has a 50-day moving average of $28.58 and a 200-day moving average of $21.66.

Several institutional investors have recently added to or reduced their stakes in GOL. Rubric Capital Management LP acquired a new position in Gol Linhas Aereas Inteligentes SA during the fourth quarter valued at $1,055,000. Dynamic Technology Lab Private Ltd acquired a new position in Gol Linhas Aereas Inteligentes SA during the fourth quarter valued at $218,000. Finally, Citadel Advisors LLC acquired a new position in Gol Linhas Aereas Inteligentes SA during the third quarter valued at $227,000. Institutional investors and hedge funds own 0.17% of the company’s stock.

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About Gol Linhas Aereas Inteligentes SA

Gol Linhas Aereas Inteligentes SA (GOL) is an airline company. The Company is engaged in providing mobile geolocation services to its passengers and designing a Website featuring accessibility resources to assist people with visual and motor impairments. The Company operates through two segments: Air transportation and Loyalty program.

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