AZUL

Azul
AZUL

$4.41

7.04%

Market Cap: 511M

About: Azul SA is involved in the operation of regular and non-regular airline passenger services, cargo or mail, passenger charter, provision of maintenance and hangarage services for aircraft, engines, parts and pieces, aircraft acquisition and lease, development of frequent-flyer programs, development of related activities and equity holding in other companies. The Company considers that it has a single reportable segment which is air transport.

Employees: 16,017

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 5 analysts

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

25% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 24

0.02% more ownership

Funds ownership: 7.15% [Q4 2023] → 7.17% (+0.02%) [Q1 2024]

0% more funds holding

Funds holding: 77 [Q4 2023] → 77 (+0) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 12

19% less capital invested

Capital invested by funds: $232M [Q4 2023] → $187M (-$45.2M) [Q1 2024]

33% less call options, than puts

Call options by funds: $9.2M | Put options by funds: $13.7M

See Fund Rankings

Research analyst outlook

5 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$7.40

68%

upside

Avg. target

$10.18

131%

upside

High target

$12

172%

upside

5 analyst ratings

1 positive

20%

3 neutral

60%

1 negative

20%

Morgan Stanley Josh Milberg	68%upside $7.4	Equal-Weight Initiated	24 May 2024
Barclays Pablo Monsivais	127%upside $10	Equal-Weight Maintained	15 May 2024
B of A Securities Murilo Freiberger	115%upside $9.5	Underperform Downgraded	18 Apr 2024
Raymond James Savanthi Syth	172%upside $12	Outperform Reiterated	15 Apr 2024
Barclays Pablo Monsivais	172%upside $12	Equal-Weight Maintained	1 Apr 2024

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Financial journalist opinion

Azul and GOL start selling 40 shared routes across Brazil

The Codeshare agreement, announced at the end of May, offers more travel options and convenience to Customers SÃO PAULO, July 11, 2024 /PRNewswire/ -- The airlines Azul and GOL reinforce this wednesday the commercial cooperation agreement that connects the networks of both companies through a codeshare agreement. Starting today, 40 non-overlapping routes will be available for sale on the companies' channels, with the addition of many more routes expected over the coming weeks.

Azul and GOL start selling 40 shared routes across Brazil

Zacks Investment Research

AZUL at 52-Week Low: Does the Stock Still Hold Promise?

AZUL stock grapples with weak liquidity, driven by a surge in gross debts. However, the company benefits from declining operating costs.

AZUL at 52-Week Low: Does the Stock Still Hold Promise?

Azul Accelerates Growth in Asia Pacific as Region Responds to Oracle Java SE Pricing Change and Escalating Cloud Costs

SUNNYVALE, Calif.--(BUSINESS WIRE)--Azul, the only company 100% focused on Java, today announced strong growth and continued momentum across the Asia Pacific region as organizations turn to its OpenJDK solutions to address cost and performance challenges in the wake of Oracle's Java SE pricing change and rising cloud expenses. Region Leverages Azul's Solutions to Address Business Challenges Asia Pacific businesses are grappling with new financial pressures as a result of the changes to Oracle's.

Azul Accelerates Growth in Asia Pacific as Region Responds to Oracle Java SE Pricing Change and Escalating Cloud Costs

Zacks Investment Research

Here's Why Investors Should Retain AZUL Stock for Now

AZUL's top line is bolstered by an uptick in air travel demand. However, low liquidity is a major headwind.

Here's Why Investors Should Retain AZUL Stock for Now

Azul 3D Launches OCEAN 3D Printer

CHICAGO--(BUSINESS WIRE)-- #3Dprinting--Azul 3D has launched the OCEAN™ printing platform — the world's largest and most productive area-wide 3D printing solution.

Azul 3D Launches OCEAN 3D Printer

Azul: Preparing For Takeoff

Azul presented good operational trends in its 1Q24 results. It is worth remembering that the airline sector was the most affected by the pandemic and has not yet fully recovered. Another highlight of 1Q24 was the codeshare agreement with competitor GOL, and in my view, this agreement will enhance the company's business model. The valuation shows a 15% discount for Azul compared to its peers when we use the comparative analysis method with the EV/EBITDA multiple.

Azul: Preparing For Takeoff

Brazil airline Azul does not foresee antitrust hurdles to codeshare deal with Gol

Brazilian airlines Azul and Gol have informed local antitrust regulator CADE of their new codeshare agreement and do not expect hurdles to be imposed, Azul's chief executive told Reuters.

Brazil airline Azul does not foresee antitrust hurdles to codeshare deal with Gol

Amid merger speculation, Brazilian airline Gol says parent talking with Azul

Brazilian airline Gol said on Tuesday its parent company Abra Group has started talks with airline Azul to "explore opportunities," following media reports earlier this year that pointed to a potential merger.

Amid merger speculation, Brazilian airline Gol says parent talking with Azul

The Motley Fool

Why Azul Stock Is Flying Higher Today

Azul and rival Gol have announced a codeshare alliance and the combination of their customer loyalty programs. The deal is reportedly the first step towards a merger that would help stabilize the Brazilian air travel market.

Why Azul Stock Is Flying Higher Today

Zacks Investment Research

AZUL Benefits From Surge in Travel Demand Amid Debt Woes

Azul continues to anticipate 2024 EBITDA to be around R$6.5 billion.

AZUL Benefits From Surge in Travel Demand Amid Debt Woes

See News Rankings