Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR) Upgraded to Sell by ValuEngine

ValuEngine upgraded shares of Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR) from a strong sell rating to a sell rating in a research note released on Tuesday morning, ValuEngine reports.

Other equities research analysts also recently issued reports about the stock. JPMorgan Chase & Co. downgraded shares of Grupo Aeroportuario dl Srst SAB CV from an overweight rating to a neutral rating in a report on Tuesday, October 29th. Zacks Investment Research upgraded shares of Grupo Aeroportuario dl Srst SAB CV from a hold rating to a buy rating and set a $187.00 target price for the company in a report on Tuesday, December 3rd. Five investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of $200.00.

Shares of NYSE ASR opened at $190.38 on Tuesday. The company has a market cap of $5.37 billion, a PE ratio of 22.91, a price-to-earnings-growth ratio of 4.25 and a beta of 0.60. Grupo Aeroportuario dl Srst SAB CV has a 12 month low of $137.06 and a 12 month high of $191.49. The company has a debt-to-equity ratio of 0.36, a current ratio of 3.51 and a quick ratio of 3.51. The company has a 50-day simple moving average of $170.37 and a 200-day simple moving average of $159.53.

Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR) last issued its quarterly earnings results on Wednesday, October 23rd. The transportation company reported $2.22 EPS for the quarter, topping analysts’ consensus estimates of $2.03 by $0.19. Grupo Aeroportuario dl Srst SAB CV had a net margin of 35.88% and a return on equity of 15.28%. The business had revenue of $211.37 million during the quarter, compared to the consensus estimate of $213.01 million. On average, analysts anticipate that Grupo Aeroportuario dl Srst SAB CV will post 9.57 EPS for the current year.

A number of institutional investors have recently added to or reduced their stakes in ASR. Schroder Investment Management Group purchased a new stake in Grupo Aeroportuario dl Srst SAB CV in the second quarter valued at approximately $81,000. Tower Research Capital LLC TRC grew its holdings in Grupo Aeroportuario dl Srst SAB CV by 218.5% in the third quarter. Tower Research Capital LLC TRC now owns 551 shares of the transportation company’s stock valued at $84,000 after purchasing an additional 378 shares during the period. Quantamental Technologies LLC grew its holdings in Grupo Aeroportuario dl Srst SAB CV by 250.0% in the second quarter. Quantamental Technologies LLC now owns 700 shares of the transportation company’s stock valued at $113,000 after purchasing an additional 500 shares during the period. Voloridge Investment Management LLC purchased a new stake in Grupo Aeroportuario dl Srst SAB CV in the second quarter valued at approximately $348,000. Finally, Sumitomo Mitsui Trust Holdings Inc. purchased a new stake in Grupo Aeroportuario dl Srst SAB CV in the third quarter valued at approximately $368,000. Hedge funds and other institutional investors own 18.27% of the company’s stock.

Grupo Aeroportuario dl Srst SAB CV Company Profile

Grupo Aeroportuario del Sureste, S. A. B. de C. V. holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. It operates nine airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlan. The company provides aeronautical services, which include passenger, aircraft landing and parking, passenger walkway, and airport security services.

Read More: Short Selling

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR)

Receive News & Ratings for Grupo Aeroportuario dl Srst SAB CV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Aeroportuario dl Srst SAB CV and related companies with MarketBeat.com's FREE daily email newsletter.