Comparing Copa (CPA) & Its Competitors

Copa (NYSE:CPA) is one of 37 public companies in the “TRANS – AIRLINE” industry, but how does it compare to its peers? We will compare Copa to similar businesses based on the strength of its valuation, institutional ownership, risk, profitability, analyst recommendations, earnings and dividends.

Analyst Ratings

This is a breakdown of current ratings and recommmendations for Copa and its peers, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Copa	0	2	9	1	2.92
Copa Competitors	658	2293	3421	241	2.49

Copa currently has a consensus price target of $166.30, suggesting a potential upside of 44.61%. As a group, “TRANS – AIRLINE” companies have a potential upside of 29.74%. Given Copa’s stronger consensus rating and higher probable upside, equities analysts clearly believe Copa is more favorable than its peers.

Dividends

Copa pays an annual dividend of $6.84 per share and has a dividend yield of 5.9%. Copa pays out 42.0% of its earnings in the form of a dividend. As a group, “TRANS – AIRLINE” companies pay a dividend yield of 2.7% and pay out 24.5% of their earnings in the form of a dividend. Copa has raised its dividend for 2 consecutive years.

Volatility and Risk

Copa has a beta of 1.01, indicating that its share price is 1% more volatile than the S&P 500. Comparatively, Copa’s peers have a beta of 11.31, indicating that their average share price is 1,031% more volatile than the S&P 500.

Earnings and Valuation

This table compares Copa and its peers gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Copa	$3.62 billion	$671.65 million	7.07
Copa Competitors	$14.09 billion	$666.85 million	6.11

Copa’s peers have higher revenue, but lower earnings than Copa. Copa is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Copa and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Copa	18.57%	25.62%	10.92%
Copa Competitors	5.04%	18.02%	4.18%

Institutional and Insider Ownership

70.1% of Copa shares are held by institutional investors. Comparatively, 52.5% of shares of all “TRANS – AIRLINE” companies are held by institutional investors. 8.5% of shares of all “TRANS – AIRLINE” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

Copa beats its peers on 11 of the 15 factors compared.

About Copa

Copa Holdings, S.A., through its subsidiaries, provides airline passenger and cargo services. The company offers approximately 375 daily scheduled flights to 82 destinations in 32 countries in North, Central, and South America, as well as the Caribbean from its Panama City hub. As of December 31, 2023, it operated a fleet of 106 aircraft comprising 76 Boeing 737-Next Generation aircraft, 29 Boeing 737 MAX 9 aircraft, and one Boeing 737-800 Boeing Converted Freighter. The company was founded in 1947 and is based in Panama City, Panama.