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LTMLATAM Airlines Group S.A.Sell6.8·$56.43-0.84%
SellModerate Confidence
Investment thesis

LATAM Airlines is executing with exceptional precision — a perfect four-quarter beat streak averaging roughly 35% above consensus including a 70% positive surprise most recently, against 22% year-over-year earnings growth at a forward P/E of 8.1x — but a debt-to-equity ratio of 4.4 is the primary financial vulnerability if the growth runway shortens.

Thesis pillars

  • Exceptional Earnings Beat StreakStable
  • Attractive Valuation Growth FranchiseStable
  • Strong Revenue Growth MomentumStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

LATAM Airlines Group S.A. (LTM) Stock Analysis

SellVALUE-TRAP 1/5Moderate Confidence

Industrials · Airlines

Sell if holding. At $56.43, A.R:R 0.6:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 4.4): -1.5; Thin upside margin: 9.1%.

LATAM Airlines Group S.A., together with its subsidiaries, provides passenger and cargo air transportation services in Chile, Argentina, Peru, Colombia, Ecuador, Brazil, the United States, other Latin American countries, the Caribbean, Europe, and Oceania. As of December 31,... Read more

$56.43+9.1% A.UpsideScore 6.8/10#1 of 16 Airlines
QualityF-score6 / 9FCF yield8.30%
IncomeYield2.71%(5y avg 1.14%)Payout41.67%sustainable
Stop $52.48Target $61.58(analyst − 13%)A.R:R 0.6:1
Analyst target$70.78+25.4%10 analysts
$61.58our TP
$56.43price
$70.78mean
$80

Sell if holding. At $56.43, A.R:R 0.6:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 4.4): -1.5; Thin upside margin: 9.1%. Chart setup: No clear chart pattern; technical signals are mixed. Score 6.8/10, moderate confidence.

Passes 7/9 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 31d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-07-06
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Tue, Aug 4, 202631d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
Attractive valuation
Strong growth profile
Risks
Thin upside margin: 9.1%
Leverage penalty (D/E 4.4): -1.5

Key Metrics

P/E (TTM)9.8
P/E (Fwd)8.2
Mkt Cap$16.5B
EV/EBITDA5.7
Profit Mgn11.2%
ROE117.6%
Rev Growth21.9%
Beta0.77
Dividend2.71%
Rating analysts12

Quality Signals

Piotroski F6/9MoatNarrow

Options Flow

P/C0.51bullish
IV62%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 ceiling hits

GatesA.R:R 0.6 < 1.5@spotMomentum 5.3<5.5 (soft — BUY_NOW allowed but watch)Momentum 5.3>=4.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 31d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Moderate
RSI
72 · Overbought
20D MA 50D MA 200D MAGOLDEN CROSSSupport $46.61Resistance $58.92

Price Targets

$52
$62
A.Upside+9.1%
A.R:R0.6:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! asymmetry at 0.6 (below the engine's 1.5 threshold)@spot

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-08-04 (31d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is LTM stock a buy right now?

Sell if holding. At $56.43, A.R:R 0.6:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 4.4): -1.5; Thin upside margin: 9.1%. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $52.48. Score 6.8/10, moderate confidence.

What is the LTM stock price target?

Take-profit target: $61.58 (+9.1% upside). Prior stop was $52.48. Stop-loss: $52.48.

What are the risks of investing in LTM?

Thin upside margin: 9.1%; Leverage penalty (D/E 4.4): -1.5.

Is LTM overvalued or undervalued?

LATAM Airlines Group S.A. trades at a P/E of 9.8 (forward 8.2). TrendMatrix value score: 8.7/10. Verdict: Sell.

What do analysts say about LTM?

12 analysts cover LTM with a consensus score of 4.0/5. Average price target: $71.

What does LATAM Airlines Group S.A. do?LATAM Airlines Group S.A., together with its subsidiaries, provides passenger and cargo air transportation services in...

LATAM Airlines Group S.A., together with its subsidiaries, provides passenger and cargo air transportation services in Chile, Argentina, Peru, Colombia, Ecuador, Brazil, the United States, other Latin American countries, the Caribbean, Europe, and Oceania. As of December 31, 2024, the company provides passenger transport services to 160 destinations in 27 countries; and operated 371 fleet of aircraft. The company was formerly known as LAN Airlines S.A. and changed its name to LATAM Airlines Group S.A. in June 2012. LATAM Airlines Group S.A. was founded in 1929 and is headquartered in Santiago, Chile.

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