Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR) Rating Increased to Hold at ValuEngine

Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR) was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued to investors on Wednesday, ValuEngine reports.

Several other research firms also recently commented on ASR. Zacks Investment Research downgraded Grupo Aeroportuario dl Srst SAB CV from a “buy” rating to a “hold” rating in a report on Friday, August 9th. CIBC reissued an “average” rating on shares of Grupo Aeroportuario dl Srst SAB CV in a report on Monday, July 15th. Finally, Raymond James restated an “average” rating on shares of Grupo Aeroportuario dl Srst SAB CV in a research note on Friday, July 19th. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the company’s stock. Grupo Aeroportuario dl Srst SAB CV presently has a consensus rating of “Hold” and an average price target of $184.50.

Shares of NYSE ASR traded up $2.21 during trading hours on Wednesday, hitting $155.80. The company had a trading volume of 45,527 shares, compared to its average volume of 66,530. The stock has a market capitalization of $4.67 billion, a P/E ratio of 18.75, a price-to-earnings-growth ratio of 3.86 and a beta of 0.58. The company has a quick ratio of 2.79, a current ratio of 2.79 and a debt-to-equity ratio of 0.38. Grupo Aeroportuario dl Srst SAB CV has a 1-year low of $127.95 and a 1-year high of $199.56. The firm’s 50 day moving average is $148.81 and its 200-day moving average is $157.80.

Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR) last released its quarterly earnings data on Monday, July 22nd. The transportation company reported $2.48 EPS for the quarter, beating the consensus estimate of $2.25 by $0.23. The company had revenue of $212.92 million during the quarter, compared to the consensus estimate of $212.72 million. Grupo Aeroportuario dl Srst SAB CV had a return on equity of 14.65% and a net margin of 34.55%. On average, sell-side analysts predict that Grupo Aeroportuario dl Srst SAB CV will post 9.06 earnings per share for the current year.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Voloridge Investment Management LLC bought a new stake in Grupo Aeroportuario dl Srst SAB CV in the 2nd quarter valued at $348,000. Schroder Investment Management Group bought a new stake in Grupo Aeroportuario dl Srst SAB CV in the 2nd quarter valued at $81,000. Price T Rowe Associates Inc. MD raised its stake in Grupo Aeroportuario dl Srst SAB CV by 1.3% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 758,469 shares of the transportation company’s stock valued at $122,955,000 after acquiring an additional 9,862 shares during the period. Jane Street Group LLC bought a new stake in Grupo Aeroportuario dl Srst SAB CV in the 2nd quarter valued at $1,263,000. Finally, Marshall Wace LLP raised its stake in Grupo Aeroportuario dl Srst SAB CV by 5.8% in the 2nd quarter. Marshall Wace LLP now owns 23,338 shares of the transportation company’s stock valued at $3,784,000 after acquiring an additional 1,279 shares during the period. Institutional investors and hedge funds own 19.80% of the company’s stock.

Grupo Aeroportuario dl Srst SAB CV 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. It operates nine airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlan. The company provides aeronautical services, which include passenger, aircraft landing and parking, passenger walkway, and airport security services.

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Analyst Recommendations for Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR)

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