Wall Street analysts expect Gol Linhas Aereas Inteligentes SA (NYSE:GOL) to post earnings per share (EPS) of ($0.27) for the current fiscal quarter, Zacks reports. Zero analysts have issued estimates for Gol Linhas Aereas Inteligentes’ earnings. The lowest EPS estimate is ($0.27) and the highest is ($0.26). Gol Linhas Aereas Inteligentes reported earnings of ($0.85) per share in the same quarter last year, which would indicate a positive year over year growth rate of 68.2%. The business is scheduled to announce its next quarterly earnings report on Wednesday, November 14th.

On average, analysts expect that Gol Linhas Aereas Inteligentes will report full year earnings of $0.18 per share for the current fiscal year, with EPS estimates ranging from ($0.12) to $0.48. For the next financial year, analysts forecast that the business will post earnings of $0.58 per share, with EPS estimates ranging from $0.44 to $0.65. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Gol Linhas Aereas Inteligentes.

GOL has been the subject of several recent research reports. Citigroup upgraded shares of Gol Linhas Aereas Inteligentes from a “sell” rating to a “neutral” rating and set a $9.00 target price for the company in a research report on Wednesday, May 23rd. They noted that the move was a valuation call. Zacks Investment Research lowered shares of Gol Linhas Aereas Inteligentes from a “hold” rating to a “sell” rating in a research report on Tuesday, July 17th. ValuEngine upgraded shares of Gol Linhas Aereas Inteligentes from a “hold” rating to a “buy” rating in a research report on Wednesday, July 25th. Goldman Sachs Group initiated coverage on shares of Gol Linhas Aereas Inteligentes in a research report on Monday, July 16th. They issued a “neutral” rating and a $6.02 price target for the company. Finally, Buckingham Research dropped their price target on shares of Gol Linhas Aereas Inteligentes from $12.00 to $10.00 and set a “buy” rating for the company in a research report on Wednesday, June 13th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $10.26.

NYSE GOL traded down $0.07 during trading hours on Monday, hitting $5.12. 937,406 shares of the company’s stock traded hands, compared to its average volume of 879,504. The company has a current ratio of 0.48, a quick ratio of 0.45 and a debt-to-equity ratio of -1.54. The firm has a market capitalization of $971.60 million, a price-to-earnings ratio of 18.96 and a beta of 2.03. Gol Linhas Aereas Inteligentes has a 52 week low of $5.03 and a 52 week high of $14.48.

Institutional investors and hedge funds have recently bought and sold shares of the business. Millennium Management LLC boosted its position in shares of Gol Linhas Aereas Inteligentes by 138.3% in the first quarter. Millennium Management LLC now owns 610,939 shares of the transportation company’s stock worth $7,936,000 after purchasing an additional 354,588 shares during the period. BlackRock Inc. bought a new position in shares of Gol Linhas Aereas Inteligentes in the fourth quarter worth approximately $4,096,000. Jane Street Group LLC bought a new position in shares of Gol Linhas Aereas Inteligentes in the fourth quarter worth approximately $189,000. Deutsche Bank AG boosted its position in shares of Gol Linhas Aereas Inteligentes by 137.3% in the fourth quarter. Deutsche Bank AG now owns 269,806 shares of the transportation company’s stock worth $2,363,000 after purchasing an additional 156,115 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in shares of Gol Linhas Aereas Inteligentes by 87.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 19,945 shares of the transportation company’s stock worth $175,000 after purchasing an additional 9,329 shares during the period. Institutional investors and hedge funds own 0.57% of the company’s stock.

About Gol Linhas Aereas Inteligentes

GOL Linhas AĆ©reas Inteligentes SA provides scheduled air transportation services for passengers cargoes, and mailbags in Brazil and Latin America. The company operates through Flight Transportation and Smiles Loyalty Program segments. It also offers logistics services. In addition, the company offers Smiles loyalty programs with approximately 13.7 million members, allowing clients to accumulate and redeem miles.

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