$1.35 EPS Expected for Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC) This Quarter

Wall Street analysts forecast that Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC) will post earnings of $1.35 per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have made estimates for Grupo Aeroportr dl Pcfco SAB de CV’s earnings. Grupo Aeroportr dl Pcfco SAB de CV posted earnings of $1.25 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 8%. The firm is expected to announce its next quarterly earnings results on Thursday, October 24th.

On average, analysts expect that Grupo Aeroportr dl Pcfco SAB de CV will report full-year earnings of $5.01 per share for the current fiscal year, with EPS estimates ranging from $4.99 to $5.04. For the next financial year, analysts forecast that the firm will post earnings of $5.39 per share, with EPS estimates ranging from $5.22 to $5.56. Zacks’ EPS averages are an average based on a survey of analysts that that provide coverage for Grupo Aeroportr dl Pcfco SAB de CV.

Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC) last announced its earnings results on Thursday, July 25th. The transportation company reported $1.18 earnings per share (EPS) for the quarter. The firm had revenue of $191.36 million during the quarter. Grupo Aeroportr dl Pcfco SAB de CV had a return on equity of 24.65% and a net margin of 35.50%.



PAC has been the subject of several research reports. Itau BBA Securities raised Grupo Aeroportr dl Pcfco SAB de CV from a “market perform” rating to an “outperform” rating in a research report on Thursday, May 23rd. Zacks Investment Research raised Grupo Aeroportr dl Pcfco SAB de CV from a “sell” rating to a “hold” rating in a research report on Friday. JPMorgan Chase & Co. cut Grupo Aeroportr dl Pcfco SAB de CV from a “neutral” rating to an “underweight” rating in a research report on Tuesday, August 6th. Finally, UBS Group cut Grupo Aeroportr dl Pcfco SAB de CV from a “neutral” rating to a “sell” rating and set a $108.36 price objective for the company. in a research report on Thursday, June 27th. Four equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $113.68.

Shares of PAC traded up $0.66 during mid-day trading on Friday, hitting $96.12. The company’s stock had a trading volume of 3,529 shares, compared to its average volume of 64,328. Grupo Aeroportr dl Pcfco SAB de CV has a one year low of $64.45 and a one year high of $111.27. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.42 and a current ratio of 1.42. The firm has a market capitalization of $5.36 billion, a PE ratio of 20.08, a price-to-earnings-growth ratio of 4.17 and a beta of 0.48. The stock’s 50-day moving average is $94.81 and its two-hundred day moving average is $98.22.

The firm also recently disclosed a dividend, which was paid on Monday, September 9th. Stockholders of record on Tuesday, September 3rd were given a $1.921 dividend. This is a boost from Grupo Aeroportr dl Pcfco SAB de CV’s previous dividend of $0.91. The ex-dividend date was Friday, August 30th. Grupo Aeroportr dl Pcfco SAB de CV’s dividend payout ratio is currently 75.47%.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Royal Bank of Canada boosted its position in shares of Grupo Aeroportr dl Pcfco SAB de CV by 117.0% in the second quarter. Royal Bank of Canada now owns 15,199 shares of the transportation company’s stock valued at $1,585,000 after acquiring an additional 8,196 shares during the period. Jane Street Group LLC raised its stake in shares of Grupo Aeroportr dl Pcfco SAB de CV by 157.4% in the second quarter. Jane Street Group LLC now owns 21,309 shares of the transportation company’s stock valued at $2,223,000 after purchasing an additional 13,030 shares in the last quarter. Invesco Ltd. raised its stake in shares of Grupo Aeroportr dl Pcfco SAB de CV by 48.5% in the second quarter. Invesco Ltd. now owns 338,112 shares of the transportation company’s stock valued at $35,268,000 after purchasing an additional 110,435 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Grupo Aeroportr dl Pcfco SAB de CV by 19.0% in the second quarter. Vanguard Group Inc. now owns 79,908 shares of the transportation company’s stock valued at $8,335,000 after purchasing an additional 12,735 shares in the last quarter. Finally, Cohen & Steers Inc. raised its stake in shares of Grupo Aeroportr dl Pcfco SAB de CV by 3.3% in the second quarter. Cohen & Steers Inc. now owns 202,848 shares of the transportation company’s stock valued at $21,159,000 after purchasing an additional 6,474 shares in the last quarter. 9.40% of the stock is owned by institutional investors.

Grupo Aeroportr dl Pcfco SAB de CV Company Profile

Grupo Aeroportuario del Pacífico, SAB. de C.V. operates airports primarily in Mexico's Pacific region. It has 12 airports in Guadalajara, Puerto Vallarta, Tijuana, San Jose del Cabo, Guanajuato (Bajío), Hermosillo, Mexicali, Los Mochis, La Paz, Manzanillo, Morelia, and Aguascalientes, as well as 1 international airport in Jamaica.

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