Could Copa Holdings, S.A. Decline After Today’s Tip From Option Traders?

 Could Copa Holdings, S.A. Decline After Today's Tip From Option Traders?

In today’s session Copa Holdings, S.A. (CPA) registered an unusually high (546) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious CPA increase. With 546 contracts traded and 1014 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: CPA161216C00095000 closed last at: $2.2 or 2.3% up. About 82,764 shares traded hands. Copa Holdings, S.A. (NYSE:CPA) has risen 41.19% since April 21, 2016 and is uptrending. It has outperformed by 35.86% the S&P500.

Analysts await Copa Holdings, S.A. (NYSE:CPA) to report earnings on February, 15. They expect $1.30 earnings per share, up 78.08% or $0.57 from last year’s $0.73 per share. CPA’s profit will be $54.92 million for 17.39 P/E if the $1.30 EPS becomes a reality. After $1.30 actual earnings per share reported by Copa Holdings, S.A. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Copa Holdings, S.A. (NYSE:CPA) Ratings Coverage

Out of 14 analysts covering Copa Holdings SA (NYSE:CPA), 6 rate it a “Buy”, 1 “Sell”, while 7 “Hold”. This means 43% are positive. $116 is the highest target while $55 is the lowest. The $76.11 average target is -15.84% below today’s ($90.43) stock price. Copa Holdings SA has been the topic of 35 analyst reports since August 4, 2015 according to StockzIntelligence Inc. On Friday, May 6 the stock rating was downgraded by Credit Suisse to “Neutral”. The firm has “Buy” rating given on Tuesday, September 22 by UBS. Bank of America upgraded Copa Holdings, S.A. (NYSE:CPA) on Monday, July 11 to “Buy” rating. The company was downgraded on Monday, August 17 by Cowen & Co. As per Tuesday, September 1, the company rating was upgraded by Deutsche Bank. The stock of Copa Holdings, S.A. (NYSE:CPA) earned “In-Line” rating by Imperial Capital on Friday, August 14. Credit Suisse downgraded the stock to “Neutral” rating in Thursday, August 13 report. Cowen & Co maintained it with “Market Perform” rating and $60 target price in Friday, February 19 report. Goldman Sachs upgraded the stock to “Buy” rating in Wednesday, November 16 report. The rating was downgraded by Evercore on Tuesday, March 22 to “Sell”.

According to Zacks Investment Research, “Copa Holdings, through its Copa Airlines and AeroRepublica operating subsidiaries, is a leading Latin American provider of passenger and cargo service. Copa Airlines currently offers daily scheduled flights to destinations in countries like North, Central and South America and the Caribbean.”

Copa Holdings, S.A. is a provider of airline passenger and cargo service through its principal operating subsidiaries, Compania Panamena de Aviacion, S. The company has a market cap of $3.82 billion. A. and AeroRepublica, S. It currently has negative earnings. A. (Copa Colombia).

CPA Company Profile

Copa Holdings, S.A., incorporated on May 6, 1998, is a well-known provider of airline passenger and cargo service through its principal operating subsidiaries, Compania Panamena de Aviacion, S. A. (Copa Airlines) and AeroRepublica, S. A. (Copa Colombia). The Firm operates through air transportation segment. Copa Airlines operates from its position located in the Republic of Panama. Copa Airlines provides international air transportation for passengers, cargo and mail, operating from its Panama City hub in the Republic of Panama. Copa Colombia provides service within Colombia and international flights from various cities in Colombia to Panama, Venezuela, Ecuador, Mexico, Cuba, Guatemala and Costa Rica. Copa Colombia provides domestic and international air transportation for passengers, cargo and mail with a point-to-point route network. The Company’s subsidiary, Oval Financial Leasing, Ltd., controls the special purpose entities that have a beneficial interest in the majority of its fleet, which are all leased to either Copa Airlines or Copa Colombia.

More notable recent Copa Holdings, S.A. (NYSE:CPA) news were published by: Fool.com which released: “Copa Holdings, SA Flying High on Growing Demand” on November 09, 2016, also Fool.com with their article: “Why Copa Holdings, SA Stock Surged 15% in September” published on October 10, 2016, Fool.com published: “Latin America’s Sluggish Economy Hits Copa Holdings S.A.” on May 06, 2016. More interesting news about Copa Holdings, S.A. (NYSE:CPA) were released by: Fool.com and their article: “Copa Holdings, SA Earnings: Latin America’s Slump Continues to Be a Drag” published on August 04, 2016 as well as Fool.com‘s news article titled: “Why Copa Holdings, SA Shares Plunged 18% in May” with publication date: June 06, 2016.

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