Analysts Anticipate Corporacion America Airports SA (NYSE:CAAP) to Announce $0.25 Earnings Per Share
Shares of Corporacion America Airports SA (NYSE:CAAP) have been assigned an average broker rating score of 1.00 (Strong Buy) from the two analysts that cover the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy recommendation.
Brokers have set a 1-year consensus target price of $10.00 for the company and are anticipating that the company will post $0.25 earnings per share for the current quarter, according to Zacks. Zacks has also given Corporacion America Airports an industry rank of 76 out of 256 based on the ratings given to related companies.
CAAP has been the subject of several research analyst reports. ValuEngine raised shares of Corporacion America Airports from a “hold” rating to a “buy” rating in a research note on Thursday, August 1st. Zacks Investment Research raised shares of Corporacion America Airports from a “hold” rating to a “buy” rating and set a $6.25 target price for the company in a research note on Thursday, August 22nd.
CAAP remained flat at $$5.27 during trading on Friday. 13,102 shares of the company traded hands, compared to its average volume of 378,354. The company has a market cap of $856.12 million, a P/E ratio of 131.75, a PEG ratio of 0.31 and a beta of 1.76. The stock has a 50-day moving average price of $6.09 and a 200-day moving average price of $7.45. Corporacion America Airports has a 52 week low of $4.66 and a 52 week high of $9.84. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.99.
Corporacion America Airports (NYSE:CAAP) last posted its earnings results on Friday, August 23rd. The company reported $0.31 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.19) by $0.50. The company had revenue of $412.56 million during the quarter, compared to analysts’ expectations of $366.20 million. Corporacion America Airports had a net margin of 7.01% and a return on equity of 8.66%. Analysts anticipate that Corporacion America Airports will post 0.56 earnings per share for the current fiscal year.
Corporacion America Airports Company Profile
Corporación América Airports SA acquires, develops, and operates airport concessions. It operates 52 airports in Latin America, Europe, and Eurasia. The company was formerly knwona as A.C.I. Airports International S.à r.l. The company was founded in 1998 and is based in Luxembourg City, Luxembourg. Corporación América Airports SA is a subsidiary of A.C.I.
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