Analysts Set Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) Target Price at $300.00

Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) has been given an average rating of “Hold” by the seven analysts that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $300.00.

ASR has been the topic of several recent research reports. Wall Street Zen downgraded shares of Grupo Aeroportuario del Sureste from a “buy” rating to a “hold” rating in a report on Sunday, March 22nd. Barclays upgraded shares of Grupo Aeroportuario del Sureste from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 24th. Zacks Research raised shares of Grupo Aeroportuario del Sureste from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 13th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grupo Aeroportuario del Sureste in a research report on Wednesday, January 21st.

Institutional Trading of Grupo Aeroportuario del Sureste

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Grupo Aeroportuario del Sureste in the fourth quarter valued at approximately $35,000. State of Wyoming acquired a new stake in shares of Grupo Aeroportuario del Sureste during the 3rd quarter worth approximately $46,000. Atlas Capital Advisors Inc. purchased a new position in shares of Grupo Aeroportuario del Sureste during the 4th quarter valued at approximately $49,000. EverSource Wealth Advisors LLC increased its holdings in shares of Grupo Aeroportuario del Sureste by 766.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 156 shares of the transportation company’s stock valued at $50,000 after purchasing an additional 138 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its stake in shares of Grupo Aeroportuario del Sureste by 38.2% in the 2nd quarter. Osaic Holdings Inc. now owns 181 shares of the transportation company’s stock valued at $58,000 after purchasing an additional 50 shares during the period. 10.57% of the stock is owned by institutional investors and hedge funds.

Grupo Aeroportuario del Sureste Trading Down 0.1%

Shares of NYSE:ASR opened at $346.92 on Wednesday. The company has a quick ratio of 2.69, a current ratio of 2.91 and a debt-to-equity ratio of 0.58. Grupo Aeroportuario del Sureste has a 52-week low of $249.21 and a 52-week high of $381.52. The stock has a market cap of $10.41 billion, a price-to-earnings ratio of 18.84 and a beta of 0.58. The business has a 50-day moving average price of $348.26 and a 200-day moving average price of $326.84.

Grupo Aeroportuario del Sureste (NYSE:ASR) last issued its earnings results on Tuesday, February 24th. The transportation company reported $5.03 EPS for the quarter, missing analysts’ consensus estimates of $5.04 by ($0.01). Grupo Aeroportuario del Sureste had a net margin of 27.93% and a return on equity of 21.42%. The firm had revenue of $608.62 million during the quarter, compared to analysts’ expectations of $500.58 million. Equities analysts predict that Grupo Aeroportuario del Sureste will post 23 EPS for the current year.

Grupo Aeroportuario del Sureste Company Profile

Grupo Aeroportuario del Sureste, SAB. de C.V. (NYSE: ASR) is a leading airport operator in Mexico specializing in the development, operation and management of airports under long-term concession agreements. The company’s core business activities include the operation of passenger and cargo terminals, the administration of retail and service concessions, the provision of parking and ground-support services, and the implementation of security and maintenance programs.

ASR holds concession rights for nine airports across southeastern Mexico, including premier tourism hubs such as Cancún, Cozumel and Huatulco, as well as regional facilities in Mérida, Oaxaca, Veracruz and Minatitlán.