While Azul S.A. ADR has overperformed by 1.56%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, AZUL fell by -6.97%, with highs and lows ranging from $13.86 to $5.57, whereas the simple moving average fell by -33.34% in the last 200 days.
On April 18, 2024, BofA Securities Downgraded Azul S.A. ADR (NYSE: AZUL) to Underperform. A report published by HSBC Securities on September 22, 2023, Initiated its previous ‘Buy’ rating for AZUL. Goldman also Upgraded AZUL shares as ‘Buy’, setting a target price of $18.30 on the company’s shares in a report dated September 20, 2023. Barclays July 10, 2023d the rating to Equal Weight on July 10, 2023, and set its price target from $8 to $14. BofA Securities May 22, 2023d its ‘Underperform’ rating to ‘Neutral’ for AZUL, as published in its report on May 22, 2023. Morgan Stanley also rated the stock as ‘Equal-Weight’.
Analysis of Azul S.A. ADR (AZUL)
Further, the quarter-over-quarter increase in sales is 16.82%, showing a positive trend in the upcoming months.
To gain a thorough understanding of Azul S.A. ADR’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. Taking into account the quick ratio of the company, currently set at 0.27, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and AZUL is recording an average volume of 1.61M. On a monthly basis, the volatility of the stock is set at 5.67%, whereas on a weekly basis, it is put at 6.98%, with a loss of -6.23% over the past seven days. Furthermore, long-term investors anticipate a median target price of $12.97, showing growth from the present price of $5.87, which can serve as yet another indication of whether AZUL is worth investing in or should be passed over.
How Do You Analyze Azul S.A. ADR Shares?
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As opposed to executive stock, institutional ownership accounts for 21.51% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
AZUL shares are owned by institutional investors to the tune of 21.51% at present.
