Corporacion America Airports S.A. (NYSE:CAAP) Given Average Rating of “Moderate Buy” by Analysts

Corporacion America Airports S.A. (NYSE:CAAP) has been given an average recommendation of “Moderate Buy” by the seven research firms that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating and six have issued a buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $26.22.

Several analysts have issued reports on the stock. Jefferies Financial Group restated a “buy” rating and set a $31.00 price target on shares of Corporacion America Airports in a research report on Wednesday. JPMorgan Chase & Co. increased their target price on Corporacion America Airports from $24.50 to $27.00 and gave the company an “overweight” rating in a report on Friday, January 16th. Zacks Research lowered Corporacion America Airports from a “hold” rating to a “strong sell” rating in a research report on Monday, October 13th. Citigroup initiated coverage on Corporacion America Airports in a research report on Thursday, October 30th. They issued a “buy” rating and a $28.00 price objective for the company. Finally, Wall Street Zen upgraded shares of Corporacion America Airports from a “hold” rating to a “buy” rating in a report on Saturday, December 6th.

Hedge Funds Weigh In On Corporacion America Airports

Hedge funds have recently modified their holdings of the company. Helikon Investments Ltd boosted its holdings in shares of Corporacion America Airports by 0.7% during the third quarter. Helikon Investments Ltd now owns 13,430,445 shares of the company’s stock worth $243,360,000 after purchasing an additional 87,893 shares during the period. BNP Paribas Financial Markets increased its holdings in Corporacion America Airports by 673.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 494,703 shares of the company’s stock valued at $8,964,000 after purchasing an additional 430,726 shares during the period. Aberdeen Group plc raised its position in Corporacion America Airports by 5.2% during the 3rd quarter. Aberdeen Group plc now owns 443,608 shares of the company’s stock valued at $8,167,000 after purchasing an additional 21,908 shares during the last quarter. Stokes Family Office LLC boosted its holdings in Corporacion America Airports by 0.7% in the second quarter. Stokes Family Office LLC now owns 224,050 shares of the company’s stock valued at $4,539,000 after acquiring an additional 1,500 shares in the last quarter. Finally, LRT Capital Management LLC increased its position in Corporacion America Airports by 67.2% during the 3rd quarter. LRT Capital Management LLC now owns 195,885 shares of the company’s stock valued at $3,549,000 after purchasing an additional 78,699 shares during the period. Hedge funds and other institutional investors own 12.95% of the company’s stock.

Corporacion America Airports Stock Down 0.4%

Shares of NYSE CAAP opened at $27.59 on Friday. The stock has a market capitalization of $4.52 billion, a P/E ratio of 25.08, a PEG ratio of 0.74 and a beta of 0.77. Corporacion America Airports has a one year low of $15.01 and a one year high of $28.27. The firm’s 50 day simple moving average is $25.53 and its two-hundred day simple moving average is $21.92. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.53 and a quick ratio of 1.51.

Corporacion America Airports (NYSE:CAAP) last announced its quarterly earnings data on Monday, November 24th. The company reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.19). Corporacion America Airports had a net margin of 9.39% and a return on equity of 11.64%. The business had revenue of $532.10 million during the quarter, compared to analysts’ expectations of $492.00 million. During the same period last year, the company posted $0.09 EPS. As a group, analysts expect that Corporacion America Airports will post 0.95 EPS for the current fiscal 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.