Company Overview - LATAM Airlines is Latin America's leading airline, headquartered in Santiago, Chile [11] - The company filed for Chapter 11 bankruptcy on May 26, 2020, and successfully emerged from bankruptcy on November 3, 2022, as part of a financial restructuring aimed at reducing debt and adapting to challenges posed by the COVID-19 pandemic [11] - Upon emergence, LATAM had approximately $2.2 billion in liquidity and achieved a 35% reduction in debt, alongside a more resilient operational structure [11] Investment Ratings - LATAM is currently rated 1 (Strong Buy) on the Zacks Rank, with a VGM Score of A [12] - The company has a Value Style Score of A, supported by attractive valuation metrics, including a forward P/E ratio of 10.27 [12] - For fiscal 2025, two analysts have revised their earnings estimate upwards in the last 60 days, with the Zacks Consensus Estimate increasing by $0.56 to $4.68 per share [12] Performance Metrics - LATAM boasts an average earnings surprise of +4%, indicating a positive trend in earnings performance [12] - With a solid Zacks Rank and top-tier Value and VGM Style Scores, LATAM is recommended for investors' consideration [13]
Here's Why LATAM (LTM) is a Strong Value Stock