CATHAY PAC AIRW/S (OTCMKTS:CPCAY) – Investment analysts at Jefferies Financial Group lifted their FY2019 earnings estimates for shares of CATHAY PAC AIRW/S in a research note issued to investors on Thursday, March 14th. Jefferies Financial Group analyst A. Lee now anticipates that the transportation company will earn $0.67 per share for the year, up from their prior forecast of $0.64. Jefferies Financial Group also issued estimates for CATHAY PAC AIRW/S’s FY2021 earnings at $0.73 EPS.

CPCAY has been the subject of a number of other research reports. Macquarie upgraded CATHAY PAC AIRW/S from a “neutral” rating to an “outperform” rating in a research note on Thursday, January 10th. ValuEngine lowered CATHAY PAC AIRW/S from a “buy” rating to a “hold” rating in a research note on Wednesday, January 9th. Finally, Zacks Investment Research upgraded CATHAY PAC AIRW/S from a “hold” rating to a “buy” rating and set a $8.25 target price for the company in a research note on Thursday, January 17th.

CPCAY stock opened at $8.40 on Friday. CATHAY PAC AIRW/S has a 1 year low of $6.20 and a 1 year high of $9.54. The stock has a market capitalization of $6.61 billion, a PE ratio of -40.00 and a beta of 0.90.

CATHAY PAC AIRW/S Company Profile

Cathay Pacific Airways Limited, together with its subsidiaries, operates as an airline that provides scheduled passenger and cargo services to approximately 200 destinations in Asia, North America, Australia, Europe, and Africa. It operates in two segments, Airline Business and Non-Airline Business. The company conducts airline operations principally to and from Hong Kong.

Further Reading: Return On Assets

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