Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) Receives $300.00 Consensus Price Target from Analysts

Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) has been assigned an average recommendation of “Hold” from the six brokerages that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $300.00.

A number of equities research analysts have recently issued reports on the company. Zacks Research upgraded Grupo Aeroportuario del Sureste from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 13th. Morgan Stanley downgraded shares of Grupo Aeroportuario del Sureste from an “equal weight” rating to an “underweight” rating and set a $300.00 target price on the stock. in a report on Monday, November 10th. Scotiabank raised shares of Grupo Aeroportuario del Sureste from a “sector perform” rating to a “sector outperform” rating in a research report on Thursday, December 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Grupo Aeroportuario del Sureste in a research report on Wednesday, January 21st. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Grupo Aeroportuario del Sureste in a report on Friday, November 14th.

Grupo Aeroportuario del Sureste Trading Down 0.7%

Grupo Aeroportuario del Sureste stock opened at $330.86 on Friday. The company has a market cap of $9.93 billion, a price-to-earnings ratio of 17.97 and a beta of 0.53. The firm has a 50-day moving average of $346.47 and a 200-day moving average of $327.24. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.69 and a quick ratio of 2.69. Grupo Aeroportuario del Sureste has a one year low of $249.21 and a one year high of $381.52.

Grupo Aeroportuario del Sureste (NYSE:ASR) last released its earnings results on Tuesday, February 24th. The transportation company reported $5.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.04 by ($0.01). Grupo Aeroportuario del Sureste had a net margin of 27.93% and a return on equity of 21.10%. The company had revenue of $636.39 million during the quarter, compared to analyst estimates of $500.58 million. On average, equities analysts expect that Grupo Aeroportuario del Sureste will post 23 earnings per share for the current fiscal year.

Institutional Trading of Grupo Aeroportuario del Sureste

Institutional investors and hedge funds have recently bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Grupo Aeroportuario del Sureste during the 4th quarter worth approximately $35,000. Assetmark Inc. lifted its holdings in Grupo Aeroportuario del Sureste by 494.7% during the 2nd quarter. Assetmark Inc. now owns 113 shares of the transportation company’s stock valued at $36,000 after purchasing an additional 94 shares during the last quarter. State of Wyoming bought a new position in Grupo Aeroportuario del Sureste during the third quarter worth $46,000. Atlas Capital Advisors Inc. bought a new position in Grupo Aeroportuario del Sureste during the fourth quarter worth $49,000. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Grupo Aeroportuario del Sureste by 766.7% in the second quarter. EverSource Wealth Advisors LLC now owns 156 shares of the transportation company’s stock valued at $50,000 after purchasing an additional 138 shares during the last quarter. Institutional investors own 10.57% of the company’s stock.

Grupo Aeroportuario del Sureste Company Profile

Grupo Aeroportuario del Sureste, SAB. de C.V. (NYSE: ASR) is a leading airport operator in Mexico specializing in the development, operation and management of airports under long-term concession agreements. The company’s core business activities include the operation of passenger and cargo terminals, the administration of retail and service concessions, the provision of parking and ground-support services, and the implementation of security and maintenance programs.

ASR holds concession rights for nine airports across southeastern Mexico, including premier tourism hubs such as Cancún, Cozumel and Huatulco, as well as regional facilities in Mérida, Oaxaca, Veracruz and Minatitlán.