Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) has been assigned a consensus rating of “Moderate Buy” from the six analysts that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $274.00.

Several brokerages have recently issued reports on ASR. Bank of America raised Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an “underperform” rating to a “buy” rating in a report on Thursday, December 14th. The Goldman Sachs Group upgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “sell” rating to a “buy” rating and upped their target price for the company from $274.00 to $326.00 in a research report on Friday, January 26th. StockNews.com downgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “buy” rating to a “hold” rating in a research report on Monday, March 25th. Finally, Barclays downgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, March 13th.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Price Performance

Shares of NYSE:ASR opened at $318.68 on Monday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.97 and a current ratio of 4.26. The firm has a market cap of $9.56 billion, a price-to-earnings ratio of 16.28, a P/E/G ratio of 3.05 and a beta of 1.17. The firm has a fifty day moving average price of $298.80 and a 200 day moving average price of $264.89. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a fifty-two week low of $165.00 and a fifty-two week high of $320.70.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last issued its quarterly earnings data on Monday, February 26th. The transportation company reported $4.99 earnings per share for the quarter, missing analysts’ consensus estimates of $5.78 by ($0.79). The firm had revenue of $392.31 million for the quarter. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 39.55% and a return on equity of 20.77%. As a group, sell-side analysts expect that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.61 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Bank of New York Mellon Corp boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 17.6% during the 1st quarter. Bank of New York Mellon Corp now owns 39,482 shares of the transportation company’s stock valued at $8,749,000 after acquiring an additional 5,900 shares during the period. American Century Companies Inc. boosted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 13.5% during the first quarter. American Century Companies Inc. now owns 2,090 shares of the transportation company’s stock valued at $463,000 after purchasing an additional 248 shares during the period. US Bancorp DE lifted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.1% during the 1st quarter. US Bancorp DE now owns 766 shares of the transportation company’s stock valued at $170,000 after buying an additional 51 shares in the last quarter. Bank of Montreal Can lifted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 3.4% during the 1st quarter. Bank of Montreal Can now owns 7,059 shares of the transportation company’s stock valued at $1,538,000 after buying an additional 230 shares in the last quarter. Finally, BlackRock Inc. boosted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 10.0% in the 1st quarter. BlackRock Inc. now owns 360,238 shares of the transportation company’s stock valued at $79,830,000 after buying an additional 32,860 shares during the period. Institutional investors own 10.57% of the company’s stock.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. 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. The company operates airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlán.