|Bid||19.65 x 900|
|Ask||19.67 x 800|
|Day's range||19.15 - 19.93|
|52-week range||11.16 - 29.45|
|Beta (5Y monthly)||1.74|
|PE ratio (TTM)||N/A|
|Earnings date||10 Nov 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||24.29|
Azul's (AZUL) consolidated load factor drops 0.8 percentage points to 79.4% from the year-ago period's levels.
AZUL (AZUL) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
It's been a difficult few years for airline stocks in general, and for Latin American airlines in particular. The debt fears have largely subsided, and on Friday airline stocks were getting a lift from positive commentary from JP Morgan's Jamie Baker. Baker upgraded Southwest Airlines to a buy, and the reasoning he used for the move suggests good times ahead for the entire sector.