CPA Stock Summary and Trading Ideas (Copa Holdings S.A. Class A | NYSE:CPA)

Copa Holdings SA is a provider of airline passenger and cargo services through its subsidiaries. The company operates through the air transportation segment. It offers international air transportation for passengers, cargo, and mail, operating from its Panama City hub in the Republic of Panama and domestic and international air transportation for passengers, cargo and mail with a point-to-point route network through Copa Colombia a Colombian air carrier. The company's geographical segments are North America, South America, Central America, and the Caribbean. It derives the maximum revenue from North America.

Copa Holdings S.A. Class A trades on the NYSE stock market under the symbol CPA.

As of May 10, 2024, CPA stock price climbed to $103.50 with 192,458 million shares trading.

CPA has a beta of 0.96, meaning it tends to be less sensitive to market movements. CPA has a correlation of 0.13 to the broad based SPY ETF.

CPA has a market cap of $4.38 billion. This is considered a Mid Cap stock.

Last quarter Copa Holdings S.A. Class A reported $917 million in Revenue and $4.47 earnings per share. This beat revenue expectation by $31 million and exceeded earnings estimates by $.60.

In the last 3 years, CPA stock traded as high as $121.20 and as low as $55.25.

The top ETF exchange traded funds that CPA belongs to (by Net Assets): DFAT, DFAS, JETS, DFAC, OSCV.

CPA stock has underperformed the market in the last year with a return of +10.8%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in CPA shares. However, CPA has outperformed the market in the last 3 month and 2 week periods, returning +6.1% and +4.6%, while SPY returned +4.2% and +2.5%, respectively. This indicates CPA has been having a stronger performance recently.

CPA support price is $100.88 and resistance is $105.12 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CPA stock will trade within this expected range on the day.