Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) Receives Average Recommendation of “Hold” from Analysts

Shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) have been given a consensus recommendation of “Hold” by the six research firms that are presently covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company.

PAC has been the subject of several analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a research report on Thursday, January 22nd. Zacks Research raised Grupo Aeroportuario Del Pacifico from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. Scotiabank restated a “sector perform” rating on shares of Grupo Aeroportuario Del Pacifico in a research note on Thursday, December 4th. Citigroup reaffirmed a “neutral” rating on shares of Grupo Aeroportuario Del Pacifico in a report on Thursday, January 15th. Finally, Bank of America upgraded shares of Grupo Aeroportuario Del Pacifico from an “underperform” rating to a “buy” rating in a research note on Thursday, December 11th.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Allworth Financial LP lifted its position in Grupo Aeroportuario Del Pacifico by 48.1% in the second quarter. Allworth Financial LP now owns 154 shares of the transportation company’s stock valued at $35,000 after acquiring an additional 50 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in Grupo Aeroportuario Del Pacifico by 65.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 164 shares of the transportation company’s stock valued at $43,000 after acquiring an additional 65 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in shares of Grupo Aeroportuario Del Pacifico during the third quarter worth about $43,000. Kestra Advisory Services LLC purchased a new position in shares of Grupo Aeroportuario Del Pacifico during the fourth quarter worth about $54,000. Finally, Van ECK Associates Corp increased its position in shares of Grupo Aeroportuario Del Pacifico by 20.6% during the third quarter. Van ECK Associates Corp now owns 334 shares of the transportation company’s stock worth $79,000 after purchasing an additional 57 shares in the last quarter. 11.73% of the stock is owned by hedge funds and other institutional investors.

Grupo Aeroportuario Del Pacifico Price Performance

Shares of PAC opened at $233.95 on Monday. The firm has a market capitalization of $11.82 billion, a price-to-earnings ratio of 22.82, a PEG ratio of 1.36 and a beta of 1.01. The firm’s fifty day simple moving average is $265.51 and its 200-day simple moving average is $248.31. Grupo Aeroportuario Del Pacifico has a twelve month low of $168.62 and a twelve month high of $300.41. The company has a current ratio of 0.91, a quick ratio of 2.01 and a debt-to-equity ratio of 2.21.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last issued its earnings results on Tuesday, February 24th. The transportation company reported $1.97 EPS for the quarter, missing analysts’ consensus estimates of $3.08 by ($1.11). Grupo Aeroportuario Del Pacifico had a return on equity of 41.85% and a net margin of 24.06%.The firm had revenue of $549.01 million for the quarter, compared to analyst estimates of $613.30 million. Equities analysts forecast that Grupo Aeroportuario Del Pacifico will post 10 EPS for the current fiscal year.

Grupo Aeroportuario Del Pacifico Company Profile

Grupo Aeroportuario del Pacífico, SAB. de C.V. (NYSE:PAC), commonly known as GAP, is a leading airport operator in Mexico. Established in 1998 as part of the federal government’s airport privatization program, GAP holds long‐term concession agreements—typically 50 years—to manage, develop and operate airports under a public–private partnership model. Through these concessions, the company undertakes terminal expansions, runway maintenance and the modernization of navigation and security systems.

The company’s portfolio comprises 12 airports across Mexico’s Pacific and western regions, including major hubs such as Guadalajara, Tijuana, Los Cabos, Puerto Vallarta and Mazatlán, as well as regional facilities in Aguascalientes, Morelia and La Paz.