Seaport Res Ptn Has Negative Outlook for Copa Q1 Earnings

Copa Holdings, S.A. (NYSE:CPA) – Analysts at Seaport Res Ptn decreased their Q1 2025 earnings per share (EPS) estimates for Copa in a research note issued on Wednesday, December 18th. Seaport Res Ptn analyst D. Mckenzie now forecasts that the transportation company will earn $3.75 per share for the quarter, down from their prior estimate of $5.00. The consensus estimate for Copa’s current full-year earnings is $14.48 per share. Seaport Res Ptn also issued estimates for Copa’s FY2025 earnings at $15.35 EPS and FY2026 earnings at $17.00 EPS.

Other research analysts also recently issued reports about the company. StockNews.com downgraded Copa from a “buy” rating to a “hold” rating in a report on Monday, November 25th. JPMorgan Chase & Co. decreased their target price on shares of Copa from $180.00 to $175.00 and set an “overweight” rating for the company in a research note on Thursday, August 29th. One equities research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Copa has an average rating of “Buy” and an average price target of $148.83.

Copa Stock Up 0.3 %

CPA stock opened at $88.63 on Monday. The company has a market capitalization of $3.49 billion, a P/E ratio of 5.86, a price-to-earnings-growth ratio of 0.72 and a beta of 1.45. Copa has a 12 month low of $80.01 and a 12 month high of $114.00. The firm’s fifty day simple moving average is $95.34 and its 200-day simple moving average is $93.03. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.09 and a quick ratio of 0.99.

Copa (NYSE:CPA) last posted its quarterly earnings data on Wednesday, November 20th. The transportation company reported $3.50 EPS for the quarter, topping the consensus estimate of $3.48 by $0.02. Copa had a net margin of 18.20% and a return on equity of 28.46%. The business had revenue of $854.71 million during the quarter, compared to the consensus estimate of $864.90 million. During the same period in the previous year, the firm posted $4.39 earnings per share. The business’s revenue for the quarter was down 1.5% compared to the same quarter last year.

Copa Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Monday, December 2nd were paid a dividend of $1.61 per share. The ex-dividend date was Monday, December 2nd. This represents a $6.44 dividend on an annualized basis and a yield of 7.27%. Copa’s dividend payout ratio (DPR) is presently 42.59%.

Institutional Investors Weigh In On Copa

Several large investors have recently added to or reduced their stakes in the business. Bell Investment Advisors Inc boosted its holdings in Copa by 29.6% in the third quarter. Bell Investment Advisors Inc now owns 626 shares of the transportation company’s stock valued at $59,000 after purchasing an additional 143 shares during the period. Carson Advisory Inc. raised its position in Copa by 9.1% in the 2nd quarter. Carson Advisory Inc. now owns 3,696 shares of the transportation company’s stock valued at $352,000 after purchasing an additional 308 shares in the last quarter. Quantinno Capital Management LP boosted its stake in shares of Copa by 10.3% in the 3rd quarter. Quantinno Capital Management LP now owns 5,219 shares of the transportation company’s stock valued at $490,000 after buying an additional 488 shares during the period. Bank of New York Mellon Corp increased its stake in shares of Copa by 15.1% during the second quarter. Bank of New York Mellon Corp now owns 4,336 shares of the transportation company’s stock worth $413,000 after buying an additional 569 shares during the period. Finally, Mackenzie Financial Corp increased its stake in shares of Copa by 29.3% during the second quarter. Mackenzie Financial Corp now owns 2,690 shares of the transportation company’s stock worth $256,000 after buying an additional 610 shares during the period. 70.09% of the stock is owned by hedge funds and other institutional investors.

About Copa

Copa Holdings, SA, 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.