Gol Linhas Aereas Inteligentes (GOL) Upgraded to Sell at ValuEngine

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ValuEngine upgraded shares of Gol Linhas Aereas Inteligentes (NYSE:GOL) from a strong sell rating to a sell rating in a research note published on Tuesday morning.

GOL has been the topic of several other research reports. Zacks Investment Research lowered shares of Gol Linhas Aereas Inteligentes from a hold rating to a sell rating in a research note on Tuesday, July 17th. Citigroup upgraded shares of Gol Linhas Aereas Inteligentes from a neutral rating to a buy rating and set a $10.00 price objective on the stock in a research note on Wednesday, July 25th. Goldman Sachs Group began coverage on shares of Gol Linhas Aereas Inteligentes in a research note on Monday, July 16th. They issued a neutral rating and a $6.02 price objective on the stock. Finally, Buckingham Research dropped their price objective on shares of Gol Linhas Aereas Inteligentes from $12.00 to $10.00 and set a buy rating on the stock in a research note on Wednesday, June 13th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. Gol Linhas Aereas Inteligentes currently has a consensus rating of Hold and an average price target of $10.26.

Gol Linhas Aereas Inteligentes stock opened at $4.91 on Tuesday. The company has a market capitalization of $843.21 million, a price-to-earnings ratio of 18.19 and a beta of 1.96. The company has a current ratio of 0.48, a quick ratio of 0.45 and a debt-to-equity ratio of -1.54. Gol Linhas Aereas Inteligentes has a twelve month low of $4.67 and a twelve month high of $14.48.

Gol Linhas Aereas Inteligentes (NYSE:GOL) last released its quarterly earnings data on Thursday, August 2nd. The transportation company reported ($0.45) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.27) by ($0.18). The company had revenue of $656.02 million during the quarter. Gol Linhas Aereas Inteligentes had a negative net margin of 6.53% and a negative return on equity of 4.28%. equities research analysts forecast that Gol Linhas Aereas Inteligentes will post 0.18 earnings per share for the current year.

Several institutional investors and hedge funds have recently made changes to their positions in the company. A.R.T. Advisors LLC acquired a new position in shares of Gol Linhas Aereas Inteligentes during the 1st quarter worth $226,000. Cubist Systematic Strategies LLC acquired a new position in shares of Gol Linhas Aereas Inteligentes during the 2nd quarter worth $107,000. Jane Street Group LLC acquired a new position in shares of Gol Linhas Aereas Inteligentes during the 2nd quarter worth $111,000. Dimensional Fund Advisors LP increased its stake in shares of Gol Linhas Aereas Inteligentes by 6.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 572,816 shares of the transportation company’s stock worth $7,441,000 after purchasing an additional 36,275 shares during the last quarter. Finally, CIBC World Markets Inc. acquired a new position in shares of Gol Linhas Aereas Inteligentes during the 1st quarter worth $538,000. Institutional investors own 0.58% of the company’s stock.

Gol Linhas Aereas Inteligentes Company Profile

GOL Linhas Aéreas 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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