Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Receives $274.00 Average PT from Analysts

Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) have been given a consensus rating of “Hold” by the five ratings firms that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $274.00.

Separately, StockNews.com raised shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a report on Thursday, September 5th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in ASR. PNC Financial Services Group Inc. grew its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 62.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 840 shares of the transportation company’s stock worth $247,000 after buying an additional 322 shares during the period. Ballentine Partners LLC acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the first quarter worth about $249,000. Maryland State Retirement & Pension System grew its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 0.4% during the first quarter. Maryland State Retirement & Pension System now owns 21,992 shares of the transportation company’s stock worth $6,691,000 after buying an additional 98 shares during the period. Sequoia Financial Advisors LLC grew its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 12.0% during the first quarter. Sequoia Financial Advisors LLC now owns 813 shares of the transportation company’s stock worth $259,000 after buying an additional 87 shares during the period. Finally, BNP Paribas Financial Markets grew its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 22.5% during the first quarter. BNP Paribas Financial Markets now owns 46,061 shares of the transportation company’s stock worth $14,679,000 after buying an additional 8,462 shares during the period. 10.57% of the stock is currently owned by institutional investors and hedge funds.

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 $278.99 on Thursday. The stock has a market cap of $8.37 billion, a P/E ratio of 13.19, a price-to-earnings-growth ratio of 2.25 and a beta of 1.12. The company has a fifty day simple moving average of $277.24 and a 200-day simple moving average of $303.69. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 12-month low of $203.77 and a 12-month high of $357.90. The company has a current ratio of 3.97, a quick ratio of 3.97 and a debt-to-equity ratio of 0.20.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last announced its quarterly earnings results on Tuesday, July 23rd. The transportation company reported $9.60 earnings per share for the quarter, beating analysts’ consensus estimates of $5.64 by $3.96. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 49.57% and a return on equity of 25.99%. The firm had revenue of $357.51 million during the quarter. Equities analysts expect that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 22.95 EPS for the current fiscal year.

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.