Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) Given Average Rating of “Moderate Buy” by Analysts

Shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PACGet Free Report) have earned a consensus rating of “Moderate Buy” from the six ratings firms that are covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company.

PAC has been the topic of several research analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a research note on Wednesday, June 3rd. Citigroup raised Grupo Aeroportuario Del Pacifico from a “neutral” rating to a “buy” rating in a report on Monday, July 20th.

Check Out Our Latest Research Report on Grupo Aeroportuario Del Pacifico

Institutional Trading of Grupo Aeroportuario Del Pacifico

Large investors have recently added to or reduced their stakes in the company. Lazard Asset Management LLC boosted its position in shares of Grupo Aeroportuario Del Pacifico by 21.8% during the 4th quarter. Lazard Asset Management LLC now owns 1,154,495 shares of the transportation company’s stock valued at $304,359,000 after acquiring an additional 206,914 shares during the last quarter. Itau Unibanco Holding S.A. bought a new stake in Grupo Aeroportuario Del Pacifico in the fourth quarter worth $42,634,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in Grupo Aeroportuario Del Pacifico in the third quarter worth $30,453,000. Fisher Funds Management LTD purchased a new stake in Grupo Aeroportuario Del Pacifico during the fourth quarter valued at $25,933,000. Finally, Bank of America Corp DE raised its stake in Grupo Aeroportuario Del Pacifico by 185.0% during the first quarter. Bank of America Corp DE now owns 83,866 shares of the transportation company’s stock valued at $20,704,000 after purchasing an additional 54,439 shares in the last quarter. Institutional investors own 11.73% of the company’s stock.

Grupo Aeroportuario Del Pacifico Trading Up 0.1%

Shares of PAC opened at $215.59 on Friday. The firm has a market cap of $10.89 billion, a P/E ratio of 19.15, a price-to-earnings-growth ratio of 1.44 and a beta of 0.93. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.84 and a quick ratio of 0.84. Grupo Aeroportuario Del Pacifico has a 1 year low of $206.91 and a 1 year high of $300.41. The company has a 50 day simple moving average of $238.59 and a two-hundred day simple moving average of $251.52.

Grupo Aeroportuario Del Pacifico (NYSE:PACGet Free Report) last released its earnings results on Tuesday, July 14th. The transportation company reported $2.80 EPS for the quarter, missing the consensus estimate of $3.10 by ($0.30). The company had revenue of $645.23 million during the quarter, compared to analysts’ expectations of $732.26 million. Grupo Aeroportuario Del Pacifico had a return on equity of 32.44% and a net margin of 25.36%. On average, equities analysts expect that Grupo Aeroportuario Del Pacifico will post 11.24 earnings per share for the current fiscal year.

About Grupo Aeroportuario Del Pacifico

(Get Free Report)

Grupo Aeroportuario del Pacífico, SAB. de C.V. (NYSE:PAC), commonly known as GAP, is a leading airport operator in Mexico. Established in 1998 as part of the federal government’s airport privatization program, GAP holds long‐term concession agreements—typically 50 years—to manage, develop and operate airports under a public–private partnership model. Through these concessions, the company undertakes terminal expansions, runway maintenance and the modernization of navigation and security systems.

The company’s portfolio comprises 12 airports across Mexico’s Pacific and western regions, including major hubs such as Guadalajara, Tijuana, Los Cabos, Puerto Vallarta and Mazatlán, as well as regional facilities in Aguascalientes, Morelia and La Paz.

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Analyst Recommendations for Grupo Aeroportuario Del Pacifico (NYSE:PAC)

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