(CPA) Copa Holdings - Ratings and Ratios

Copa Holdings, S.A. operates as a leading airline provider in the Americas, offering passenger and cargo services through its subsidiaries. The company maintains a robust network of approximately 375 daily scheduled flights to 82 destinations across 32 countries in North, Central, and South America, as well as the Caribbean. Its strategic hub in Panama City enables efficient connectivity across the region. As of December 31, 2023, Copa Holdings operated a modern fleet of 106 aircraft, including 76 Boeing 737-Next Generation planes, 29 Boeing 737 MAX 9 aircraft, and one Boeing 737-800 Boeing Converted Freighter, showcasing its commitment to operational efficiency and cargo capabilities. Founded in 1947, the company is headquartered in Panama City, Panama, and is listed on the NYSE under the ticker symbol CPA. For more information, visit https://copa.gcs-web.com.

Based on the provided data, here is a 3-month forecast:

Technical Outlook: The stock is currently trading at 90.50, slightly above its 20-day SMA of 88.51 but below its 50-day SMA of 91.83. The 200-day SMA of 89.89 suggests a neutral long-term trend. With an ATR of 3.08, volatility is moderate, indicating potential price swings within a range of 87.42 to 93.58 over the next three months.

Fundamental Outlook: Copa Holdings strong financial position is reflected in its P/E ratio of 6.14 and forward P/E of 5.66, indicating undervaluation relative to earnings expectations. The P/B ratio of 1.52 and P/S ratio of 1.07 highlight reasonable valuations compared to book value and revenue. A return on equity of 25.64% underscores efficient profitability. These metrics collectively suggest a positive outlook, with potential upside driven by improving airline demand and operational efficiency.

Risk Factors: The stock may face resistance near its 50-day SMA of 91.83, and external factors such as fuel prices, geopolitical tensions, and macroeconomic conditions could impact performance. However, the companys strategic hub in Panama City and modern fleet position it well to capitalize on regional demand recovery.