Equities analysts predict that Copa Holdings, S.A. (NYSE:CPA) will announce sales of $633.37 million for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Copa Holdings,’s earnings, with the lowest sales estimate coming in at $625.12 million and the highest estimate coming in at $649.00 million. Copa Holdings, posted sales of $569.03 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 11.3%. The company is expected to announce its next quarterly earnings results after the market closes on Wednesday, November 8th.

According to Zacks, analysts expect that Copa Holdings, will report full year sales of $633.37 million for the current financial year, with estimates ranging from $2.48 billion to $2.51 billion. For the next financial year, analysts expect that the company will post sales of $2.75 billion per share, with estimates ranging from $2.67 billion to $2.82 billion. Zacks’ sales calculations are a mean average based on a survey of research analysts that cover Copa Holdings,.

Copa Holdings, (NYSE:CPA) last released its earnings results on Wednesday, August 9th. The transportation company reported $1.48 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.48. The business had revenue of $578.10 million during the quarter, compared to the consensus estimate of $567.47 million. Copa Holdings, had a net margin of 14.17% and a return on equity of 14.98%. The firm’s revenue for the quarter was up 16.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.51 earnings per share.

Several research analysts have weighed in on the stock. Stifel Nicolaus restated a “hold” rating and set a $120.00 price objective on shares of Copa Holdings, in a report on Friday, August 11th. Zacks Investment Research downgraded shares of Copa Holdings, from a “buy” rating to a “hold” rating in a report on Friday, August 11th. BidaskClub downgraded shares of Copa Holdings, from a “strong-buy” rating to a “buy” rating in a report on Friday, July 28th. Bank of America Corporation lowered their price objective on shares of Copa Holdings, from $167.00 to $154.00 and set a “buy” rating on the stock in a report on Tuesday, September 26th. Finally, Deutsche Bank AG restated a “buy” rating and set a $137.00 price objective (up previously from $134.00) on shares of Copa Holdings, in a report on Tuesday, July 18th. One analyst has rated the stock with a sell rating, five have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $116.39.

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Several hedge funds have recently made changes to their positions in CPA. Comerica Bank raised its holdings in shares of Copa Holdings, by 0.9% in the first quarter. Comerica Bank now owns 3,054 shares of the transportation company’s stock valued at $353,000 after purchasing an additional 26 shares during the last quarter. UBS Asset Management Americas Inc. raised its holdings in shares of Copa Holdings, by 35.9% in the first quarter. UBS Asset Management Americas Inc. now owns 42,013 shares of the transportation company’s stock valued at $4,716,000 after purchasing an additional 11,100 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Copa Holdings, by 346.3% in the first quarter. Ameriprise Financial Inc. now owns 29,995 shares of the transportation company’s stock valued at $3,367,000 after purchasing an additional 23,274 shares during the last quarter. Legal & General Group Plc raised its holdings in shares of Copa Holdings, by 486.9% in the first quarter. Legal & General Group Plc now owns 8,205 shares of the transportation company’s stock valued at $921,000 after purchasing an additional 6,807 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Copa Holdings, by 7.6% in the first quarter. Vanguard Group Inc. now owns 685,313 shares of the transportation company’s stock valued at $76,927,000 after purchasing an additional 48,675 shares during the last quarter. Institutional investors own 64.23% of the company’s stock.

Copa Holdings, (NYSE:CPA) opened at 125.89 on Monday. Copa Holdings, has a 52-week low of $83.33 and a 52-week high of $134.25. The company has a market cap of $5.34 billion, a P/E ratio of 16.22 and a beta of 1.80. The company has a 50-day moving average of $128.79 and a 200-day moving average of $121.62.

Copa Holdings, Company Profile

Copa Holdings, SA is a provider of airline passenger and cargo service through its principal operating subsidiaries, Compania Panamena de Aviacion, S. A. (Copa Airlines) and AeroRepublica, S. A. (Copa Colombia). The Company operates through air transportation segment. Copa Airlines operates from its position located in the Republic of Panama.

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