Shares of Corporacion America Airports SA (NYSE:CAAP) have earned a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the company, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy recommendation.
Brokerages have set a 1 year consensus price target of $10.50 for the company and are anticipating that the company will post ($0.39) EPS for the current quarter, according to Zacks. Zacks has also assigned Corporacion America Airports an industry rank of 166 out of 256 based on the ratings given to related companies.
A number of equities research analysts recently commented on the company. Zacks Investment Research raised Corporacion America Airports from a “sell” rating to a “hold” rating in a research note on Thursday. Goldman Sachs Group reaffirmed a “buy” rating on shares of Corporacion America Airports in a research note on Thursday, January 24th.
Shares of Corporacion America Airports stock traded down $0.08 during trading on Thursday, reaching $7.85. 100,124 shares of the company were exchanged, compared to its average volume of 97,442. The company has a quick ratio of 1.16, a current ratio of 1.18 and a debt-to-equity ratio of 0.84. Corporacion America Airports has a twelve month low of $5.70 and a twelve month high of $12.22. The stock has a market cap of $1.26 billion, a PE ratio of 196.25 and a beta of 1.90.
Corporacion America Airports (NYSE:CAAP) last announced its quarterly earnings data on Thursday, April 11th. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.07. Corporacion America Airports had a return on equity of 2.38% and a net margin of 1.91%. The business had revenue of $371.00 million during the quarter. Analysts expect that Corporacion America Airports will post -0.65 EPS for the current fiscal year.
A number of large investors have recently bought and sold shares of CAAP. RWC Asset Advisors US LLC bought a new stake in shares of Corporacion America Airports in the fourth quarter valued at about $22,034,000. Bienville Capital Management LLC lifted its holdings in shares of Corporacion America Airports by 48.9% in the first quarter. Bienville Capital Management LLC now owns 736,919 shares of the company’s stock valued at $6,094,000 after purchasing an additional 242,019 shares in the last quarter. River & Mercantile Asset Management LLP lifted its holdings in shares of Corporacion America Airports by 26.4% in the fourth quarter. River & Mercantile Asset Management LLP now owns 1,028,695 shares of the company’s stock valued at $6,831,000 after purchasing an additional 214,649 shares in the last quarter. Westpac Banking Corp bought a new stake in shares of Corporacion America Airports in the fourth quarter valued at about $1,241,000. Finally, BlackRock Inc. lifted its holdings in shares of Corporacion America Airports by 40.3% in the first quarter. BlackRock Inc. now owns 640,452 shares of the company’s stock valued at $5,296,000 after purchasing an additional 183,883 shares in the last quarter. 11.76% of the stock is owned by hedge funds and other institutional investors.
About Corporacion America Airports
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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