LATAM Airlines Group S.A. (LFL) saw a big move last session, as the company’s shares fell by over 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $13.22 to $13.69 in the past one-month time frame.

The air transportation services provider has seen a flat track record when it comes to current year estimate revisions over the past few weeks, and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

LFL currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

Some better-ranked stocks in the same sector include Alaska Air Group, Inc. (ALK), Allegiant Travel Company (ALGT) and American Airlines Group Inc. (AAL). All these stocks hold a Zacks Rank #1 (Strong Buy).

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LATAM AIRLINES GROUP SA (LFL): Free Stock Analysis Report

ALASKA AIR GROUP INC (ALK): Free Stock Analysis Report

ALLEGIANT TRAVEL CO (ALGT): Free Stock Analysis Report

AMERICAN AIRLINES GROUP INC (AAL): Free Stock Analysis Report


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