Copa Holdings, S.A. (CPA) announced its third quarter numbers a few weeks back. The airline announced $2.45 per share which was a convincing beat by $0.21. With respect to top-line sales, the airline reported $708 million, which was a slight beat by just under $10 million. The firm's current p/e ratio comes in at 51.8, whereas its forward earnings multiple comes in at 13.93.
The long-term chart really gives an insight into the potential this stock has. As the chart shows below, shares stooped to multi-year lows back in 2015 before rebounding aggressively to print