Reviewing Copa (CPA) and Its Rivals

Copa (NYSE:CPA – Get Free Report) is one of 37 publicly-traded companies in the “TRANS – AIRLINE” industry, but how does it contrast to its peers? We will compare Copa to related companies based on the strength of its institutional ownership, analyst recommendations, earnings, dividends, profitability, risk and valuation.

Dividends

Copa pays an annual dividend of $6.84 per share and has a dividend yield of 6.2%. Copa pays out 42.0% of its earnings in the form of a dividend. As a group, “TRANS – AIRLINE” companies pay a dividend yield of 2.8% and pay out 24.5% of their earnings in the form of a dividend. Copa has raised its dividend for 2 consecutive years.

Volatility and Risk

Copa has a beta of 0.89, meaning that its stock price is 11% less volatile than the S&P 500. Comparatively, Copa’s peers have a beta of 11.11, meaning that their average stock price is 1,011% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of current ratings for Copa and its peers, as provided by MarketBeat.

Copa currently has a consensus target price of $166.30, suggesting a potential upside of 49.79%. As a group, “TRANS – AIRLINE” companies have a potential upside of 34.09%. Given Copa’s stronger consensus rating and higher possible upside, research analysts plainly believe Copa is more favorable than its peers.

Earnings and Valuation

This table compares Copa and its peers gross revenue, earnings per share and valuation.

Copa’s peers have higher revenue, but lower earnings than Copa. Copa is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Institutional and Insider Ownership

70.1% of Copa shares are held by institutional investors. Comparatively, 52.5% of shares of all “TRANS – AIRLINE” companies are held by institutional investors. 8.6% of shares of all “TRANS – AIRLINE” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Copa and its peers’ net margins, return on equity and return on assets.

Summary

Copa beats its peers on 11 of the 15 factors compared.

About Copa

(Get Free Report)

Copa Holdings, S.A., through its subsidiaries, provides airline passenger and cargo services. The company offers approximately 375 daily scheduled flights to 82 destinations in 32 countries in North, Central, and South America, as well as the Caribbean from its Panama City hub. As of December 31, 2023, it operated a fleet of 106 aircraft comprising 76 Boeing 737-Next Generation aircraft, 29 Boeing 737 MAX 9 aircraft, and one Boeing 737-800 Boeing Converted Freighter. The company was founded in 1947 and is based in Panama City, Panama.