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

Shares of Corporacion America Airports S.A. (NYSE:CAAP) have received a consensus rating of “Moderate Buy” from the eight analysts that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $26.60.

Several analysts have recently issued reports on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Corporacion America Airports in a research note on Monday, December 29th. Wall Street Zen upgraded Corporacion America Airports from a “hold” rating to a “buy” rating in a report on Saturday, December 6th. Zacks Research lowered Corporacion America Airports from a “hold” rating to a “strong sell” rating in a research note on Monday, January 26th. JPMorgan Chase & Co. raised their price objective on Corporacion America Airports from $24.50 to $27.00 and gave the stock an “overweight” rating in a report on Friday, January 16th. Finally, The Goldman Sachs Group boosted their target price on Corporacion America Airports from $25.10 to $28.50 and gave the stock a “neutral” rating in a report on Thursday, January 29th.

Institutional Investors Weigh In On Corporacion America Airports

Several institutional investors have recently bought and sold shares of the business. Helikon Investments Ltd raised its stake in shares of 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 acquiring an additional 135,515 shares during the period. Goldman Sachs Group Inc. increased its holdings in Corporacion America Airports by 2.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,271,822 shares of the company’s stock valued at $33,067,000 after purchasing an additional 29,590 shares in the last quarter. BNP Paribas Financial Markets raised its position in Corporacion America Airports by 52.1% in the fourth quarter. BNP Paribas Financial Markets now owns 752,402 shares of the company’s stock valued at $19,562,000 after purchasing an additional 257,699 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Corporacion America Airports by 5.3% during the fourth quarter. JPMorgan Chase & Co. now owns 650,757 shares of the company’s stock worth $16,920,000 after purchasing an additional 32,652 shares in the last quarter. Finally, Aberdeen Group plc lifted its stake in shares of Corporacion America Airports by 5.2% during the third quarter. Aberdeen Group plc now owns 443,608 shares of the company’s stock worth $8,167,000 after purchasing an additional 21,908 shares in the last quarter. 12.95% of the stock is currently owned by hedge funds and other institutional investors.

Corporacion America Airports Stock Performance

NYSE CAAP opened at $28.39 on Tuesday. Corporacion America Airports has a 12 month low of $15.01 and a 12 month high of $30.50. The company has a quick ratio of 1.51, a current ratio of 1.53 and a debt-to-equity ratio of 0.68. The company has a 50-day moving average of $27.43 and a 200-day moving average of $23.33.

Corporacion America Airports (NYSE:CAAP) last released its earnings results on Monday, November 24th. The company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.19). Corporacion America Airports had a return on equity of 11.64% and a net margin of 9.39%.The company had revenue of $532.10 million during the quarter, compared to analyst estimates of $492.00 million. During the same period in the prior year, the business posted $0.09 earnings per share. On average, analysts anticipate that Corporacion America Airports will post 0.95 earnings per share for the current year.

Corporacion America Airports Company Profile

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.