Brokerages Set Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) PT at $274.00

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) has been given a consensus recommendation of “Moderate Buy” by the six analysts that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $274.00.

ASR has been the subject of a number of recent analyst reports. StockNews.com upgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a research report on Tuesday. The Goldman Sachs Group upgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “sell” rating to a “buy” rating and lifted their price target for the company from $274.00 to $326.00 in a research report on Friday, January 26th. Finally, Barclays cut shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, March 13th.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Price Performance

Grupo Aeroportuario del Sureste, S. A. B. de C. V. stock opened at $347.71 on Friday. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 12-month low of $165.00 and a 12-month high of $347.81. The stock has a market cap of $10.43 billion, a P/E ratio of 16.44, a PEG ratio of 3.15 and a beta of 1.18. The company has a 50-day moving average price of $308.78 and a 200 day moving average price of $274.77. The company has a current ratio of 3.88, a quick ratio of 3.87 and a debt-to-equity ratio of 0.21.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last released its quarterly earnings data on Monday, February 26th. The transportation company reported $4.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.78 by ($0.79). Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a return on equity of 22.21% and a net margin of 40.21%. The firm had revenue of $392.31 million for the quarter. Sell-side analysts anticipate that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 24.43 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. CWM LLC grew its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 227.8% in the fourth quarter. CWM LLC now owns 118 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 82 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 62.6% in the fourth quarter. Blue Trust Inc. now owns 187 shares of the transportation company’s stock valued at $55,000 after purchasing an additional 72 shares in the last quarter. Parallel Advisors LLC grew its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% in the fourth quarter. Parallel Advisors LLC now owns 221 shares of the transportation company’s stock valued at $65,000 after purchasing an additional 119 shares in the last quarter. Signaturefd LLC grew its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 30.6% in the third quarter. Signaturefd LLC now owns 269 shares of the transportation company’s stock valued at $66,000 after purchasing an additional 63 shares in the last quarter. Finally, Sequoia Financial Advisors LLC acquired a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter valued at approximately $214,000. Institutional investors and hedge funds own 10.57% of the company’s stock.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Company Profile

Grupo Aeroportuario del Sureste, S. A. B. de C. V. holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. The company operates airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlán.