Corporacion America Airports (NYSE:CAAP) Issues Quarterly Earnings Results

Corporacion America Airports (NYSE:CAAP) posted its quarterly earnings data on Friday. The company reported $404.99 EPS for the quarter, FiscalAI reports. Corporacion America Airports had a net margin of 9.39% and a return on equity of 11.64%.

Corporacion America Airports Trading Down 1.6%

Shares of NYSE CAAP traded down $0.42 on Friday, hitting $25.72. The company had a trading volume of 102,967 shares, compared to its average volume of 264,040. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.53 and a quick ratio of 1.51. Corporacion America Airports has a 12-month low of $15.01 and a 12-month high of $30.50. The business has a 50 day moving average of $27.79 and a two-hundred day moving average of $23.66.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on CAAP. The Goldman Sachs Group boosted their target price on shares of Corporacion America Airports from $25.10 to $28.50 and gave the company a “neutral” rating in a report on Thursday, January 29th. JPMorgan Chase & Co. boosted their price objective on shares of Corporacion America Airports from $24.50 to $27.00 and gave the company an “overweight” rating in a research note on Friday, January 16th. Wall Street Zen raised Corporacion America Airports from a “hold” rating to a “buy” rating in a research report on Saturday, December 6th. Weiss Ratings reissued a “buy (b)” rating on shares of Corporacion America Airports in a research report on Monday, December 29th. Finally, Jefferies Financial Group restated a “buy” rating and set a $31.00 price target on shares of Corporacion America Airports in a research note on Wednesday, January 21st. Six investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $26.60.

Institutional Trading of Corporacion America Airports

Several large investors have recently bought and sold shares of the company. Leonteq Securities AG purchased a new stake in shares of Corporacion America Airports during the fourth quarter valued at approximately $65,000. Van ECK Associates Corp grew its holdings in Corporacion America Airports by 119.4% during the 4th quarter. Van ECK Associates Corp now owns 2,808 shares of the company’s stock valued at $73,000 after purchasing an additional 1,528 shares in the last quarter. Aquatic Capital Management LLC purchased a new stake in Corporacion America Airports during the 3rd quarter worth $88,000. Quarry LP acquired a new position in Corporacion America Airports in the 3rd quarter worth $108,000. Finally, Federation des caisses Desjardins du Quebec boosted its position in Corporacion America Airports by 15.0% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 5,980 shares of the company’s stock valued at $155,000 after buying an additional 782 shares during the last quarter. Institutional investors and hedge funds own 12.95% of the company’s stock.

About Corporacion America Airports

Corporación América Airports SA operates as a global airport infrastructure and services company, specializing in the development, acquisition and management of airport concessions. Headquartered in Buenos Aires, Argentina, the firm oversees long-term agreements that cover the planning, design, financing and ongoing operation of airport facilities. Its integrated approach aims to enhance operational efficiency and passenger experience through modernized terminals and streamlined processes.

The company’s core activities encompass passenger handling, cargo operations and ancillary services such as retail concessions, food and beverage outlets, ground handling, fueling and airport parking.