Corporacion America Airports S.A. (NYSE:CAAP) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Corporacion America Airports S.A. (NYSE:CAAP) have been assigned an average recommendation of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $30.1250.

Several brokerages have recently issued reports on CAAP. Zacks Research lowered shares of Corporacion America Airports from a “hold” rating to a “strong sell” rating in a research note on Thursday, June 4th. JPMorgan Chase & Co. lifted their price objective on shares of Corporacion America Airports from $30.00 to $33.00 and gave the company an “overweight” rating in a research note on Monday, June 15th. Wall Street Zen lowered shares of Corporacion America Airports from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 16th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Corporacion America Airports in a research note on Wednesday.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Altrinsic Global Advisors LLC purchased a new position in Corporacion America Airports in the 3rd quarter valued at approximately $649,000. Helikon Investments Ltd grew its stake in Corporacion America Airports by 1.0% in the 4th quarter. Helikon Investments Ltd now owns 13,565,960 shares of the company’s stock valued at $352,715,000 after buying an additional 135,515 shares in the last quarter. UBS Group AG grew its stake in Corporacion America Airports by 207.1% in the 4th quarter. UBS Group AG now owns 98,036 shares of the company’s stock valued at $2,549,000 after buying an additional 66,113 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in Corporacion America Airports in the 3rd quarter valued at approximately $625,000. Finally, Apis Capital Advisors LLC purchased a new position in Corporacion America Airports in the 3rd quarter valued at approximately $725,000. 12.95% of the stock is currently owned by hedge funds and other institutional investors.

Corporacion America Airports Trading Up 0.1%

Shares of CAAP stock opened at $25.56 on Monday. The company has a 50 day moving average of $25.69 and a 200-day moving average of $26.40. The company has a quick ratio of 1.38, a current ratio of 1.40 and a debt-to-equity ratio of 0.50. Corporacion America Airports has a 12-month low of $17.36 and a 12-month high of $30.50. The firm has a market cap of $4.22 billion, a P/E ratio of 14.52, a PEG ratio of 0.70 and a beta of 0.68.

Corporacion America Airports (NYSE:CAAP) last issued its quarterly earnings results on Thursday, May 14th. The company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.51 by ($0.04). Corporacion America Airports had a return on equity of 17.40% and a net margin of 13.79%.The company had revenue of $537.62 million for the quarter, compared to analysts’ expectations of $470.63 million. Sell-side analysts anticipate that Corporacion America Airports will post 2.2 earnings per share for the current year.

About Corporacion America Airports

Corporación América Airports SA operates as a global airport infrastructure and services company, specializing in the development, acquisition and management of airport concessions. Headquartered in Buenos Aires, Argentina, the firm oversees long-term agreements that cover the planning, design, financing and ongoing operation of airport facilities. Its integrated approach aims to enhance operational efficiency and passenger experience through modernized terminals and streamlined processes.

The company’s core activities encompass passenger handling, cargo operations and ancillary services such as retail concessions, food and beverage outlets, ground handling, fueling and airport parking.