Grupo Aeroportuario del Sureste (NYSE:ASR) Releases Earnings Results, Misses Estimates By $0.62 EPS

Grupo Aeroportuario del Sureste (NYSE:ASR – Get Free Report) issued its earnings results on Thursday. The transportation company reported $3.98 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.60 by ($0.62), Zacks reports. Grupo Aeroportuario del Sureste had a return on equity of 21.32% and a net margin of 26.07%.

Grupo Aeroportuario del Sureste Price Performance

ASR stock traded down $2.27 during midday trading on Thursday, hitting $250.53. 107,969 shares of the stock were exchanged, compared to its average volume of 67,598. The stock’s 50-day moving average price is $248.23 and its 200-day moving average price is $282.13. The company has a debt-to-equity ratio of 0.54, a quick ratio of 3.29 and a current ratio of 3.29. The stock has a market cap of $7.52 billion, a price-to-earnings ratio of 13.48, a PEG ratio of 1.70 and a beta of 0.52. Grupo Aeroportuario del Sureste has a fifty-two week low of $226.19 and a fifty-two week high of $381.52.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on ASR. Zacks Research raised Grupo Aeroportuario del Sureste from a “strong sell” rating to a “hold” rating in a report on Monday, October 12th. JPMorgan Chase & Co. downgraded Grupo Aeroportuario del Sureste from a “neutral” rating to an “underweight” rating in a report on Wednesday, July 22nd. Weiss Ratings lowered shares of Grupo Aeroportuario del Sureste from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, October 8th. Finally, HSBC raised shares of Grupo Aeroportuario del Sureste from a “hold” rating to a “buy” rating and set a $349.00 price target on the stock in a research note on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Grupo Aeroportuario del Sureste currently has an average rating of “Hold” and an average target price of $324.50.

Check Out Our Latest Stock Analysis on Grupo Aeroportuario del Sureste

Grupo Aeroportuario del Sureste Company Profile

(Get Free Report)

Grupo Aeroportuario del Sureste, SAB. de C.V. (NYSE:ASR), commonly known as ASUR, is an airport infrastructure company that develops, operates and maintains airports. Its activities include passenger and aircraft services, terminal operations, commercial facilities, parking, and other services related to airport transportation.

ASUR operates a portfolio of airports in southeastern Mexico, including Cancún International Airport, one of the country’s major tourism gateways, as well as airports serving Mérida, Cozumel, Oaxaca, Huatulco, Veracruz, Villahermosa, Tapachula and Minatitlán.

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Earnings History for Grupo Aeroportuario del Sureste (NYSE:ASR)

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