Azul S.A. ADR (NYSE: AZUL) is -71.52% lower on its value in year-to-date trading and has touched a low of $2.02 and a high of $11.26 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AZUL stock was last observed hovering at around $2.81 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $2.76, the stock is -1.94% and -24.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.12 million and changing -1.78% at the moment leaves the stock -55.47% off its SMA200. AZUL registered -67.30% loss for a year compared to 6-month loss of -67.14%. The firm has a 50-day simple moving average (SMA 50) of $3.6176 and a 200-day simple moving average (SMA200) of $6.16075.
The stock witnessed a -32.35% gain in the last 1 month and extending the period to 3 months gives it a -31.00%, and is -13.75% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.64% over the week and 12.16% over the month.
Azul S.A. ADR (AZUL) has around 15248 employees, a market worth around $308.24M and $3.74B in sales. Profit margin for the company is -34.32%. Distance from 52-week low is 36.97% and -75.49% from its 52-week high.
Azul S.A. ADR quarterly earnings per share for the current quarter are estimated at -0.14 with sales reaching $944.12M over the same period.The EPS is expected to shrink by -729.94% this year, but quarterly earnings will post -6.00% year-over-year. Quarterly sales are estimated to shrink -6.20% in year-over-year returns.
The top institutional shareholder in the company is FRONTIER CAPITAL MANAGEMENT CO LLC with over 8.09 million shares valued at $32.38 million. The investor’s holdings represent 6.9891 of the AZUL Shares outstanding. As of 2024-06-30, the second largest holder is LONG FOCUS CAPITAL MANAGEMENT, LLC with 4.45 million shares valued at $17.82 million to account for 3.8458 of the shares outstanding. The other top investors are SCHONFELD STRATEGIC ADVISORS LLC which holds 2.93 million shares representing 2.5293 and valued at over $11.72 million, while OAKTREE CAPITAL MANAGEMENT LP holds 2.1118 of the shares totaling 2.45 million with a market value of $9.78 million.
