AZUL Stock Forecast: All the More Reason to Consider Azul S.A. ADR (AZUL) Now

Azul S.A. ADR (NYSE: AZUL) is -57.49% lower on its value in year-to-date trading and has touched a low of $0.48 and a high of $6.64 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 $0.72 in the last trading session, with the day’s loss setting it -0.01%.

Currently trading at $0.71, the stock is -41.04% and -53.84% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.97 million and changing -1.39% at the moment leaves the stock -71.50% off its SMA200. AZUL registered -87.99% loss for a year compared to 6-month loss of -75.60%.

The stock witnessed a -54.49% gain in the last 1 month and extending the period to 3 months gives it a -68.30%, and is -15.48% 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 13.94% over the week and 19.12% over the month.

Azul S.A. ADR (AZUL) has around 15367 employees, a market worth around $149.46M and $3.62B in sales. Fwd P/E is 4.39. Profit margin for the company is -46.32%. Distance from 52-week low is 47.92% and -89.31% from its 52-week high.

The EPS is expected to grow by 86.32% this year.

Azul S.A. ADR (AZUL) Top Institutional Holders

The shares outstanding are 111.83M, and float is at 111.76M with Short Float at 8.32%.

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.