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

Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) has earned an average rating of “Hold” from the six ratings firms that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating on the company. The average 12-month target price among analysts that have covered the stock in the last year is $300.00.

Several research firms have weighed in on ASR. Wall Street Zen raised shares of Grupo Aeroportuario del Sureste from a “hold” rating to a “buy” rating in a research note on Saturday. Zacks Research raised shares of Grupo Aeroportuario del Sureste from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 13th. Weiss Ratings restated a “hold (c)” rating on shares of Grupo Aeroportuario del Sureste in a research note on Wednesday, January 21st. Scotiabank raised Grupo Aeroportuario del Sureste from a “sector perform” rating to a “sector outperform” rating in a research report on Thursday, December 4th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Grupo Aeroportuario del Sureste in a research note on Friday, November 14th.

Grupo Aeroportuario del Sureste Stock Performance

NYSE:ASR opened at $316.80 on Friday. The company has a fifty day moving average of $346.83 and a 200-day moving average of $327.27. The firm has a market capitalization of $9.50 billion, a P/E ratio of 17.21 and a beta of 0.53. The company has a quick ratio of 2.69, a current ratio of 2.69 and a debt-to-equity ratio of 0.47. Grupo Aeroportuario del Sureste has a twelve month low of $249.21 and a twelve month 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). The company had revenue of $636.39 million for the quarter, compared to analyst estimates of $500.58 million. Grupo Aeroportuario del Sureste had a net margin of 27.93% and a return on equity of 21.10%. As a group, sell-side analysts anticipate that Grupo Aeroportuario del Sureste will post 23 EPS for the current year.

Institutional Trading of Grupo Aeroportuario del Sureste

Hedge funds and other institutional investors 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 in the fourth quarter valued at $35,000. Assetmark Inc. increased its position in shares of Grupo Aeroportuario del Sureste by 494.7% during the second quarter. Assetmark Inc. now owns 113 shares of the transportation company’s stock worth $36,000 after acquiring an additional 94 shares in the last quarter. State of Wyoming bought a new stake in shares of Grupo Aeroportuario del Sureste during the third quarter worth about $46,000. Atlas Capital Advisors Inc. acquired a new stake in shares of Grupo Aeroportuario del Sureste in the 4th quarter worth about $49,000. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of Grupo Aeroportuario del Sureste by 766.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 156 shares of the transportation company’s stock worth $50,000 after acquiring 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.