Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR) Receives Consensus Recommendation of “Hold” from Brokerages

Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR) has been given a consensus rating of “Hold” by the fifteen analysts that are presently covering the stock, MarketBeat reports. Five investment analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and one has assigned a buy recommendation to the company.

Several research firms have recently issued reports on ASR. Zacks Investment Research cut Grupo Aeroportuario dl Srst SAB CV from a “buy” rating to a “hold” rating in a research report on Monday. ValuEngine lowered Grupo Aeroportuario dl Srst SAB CV from a “sell” rating to a “strong sell” rating in a research report on Thursday, November 14th. Finally, JPMorgan Chase & Co. downgraded Grupo Aeroportuario dl Srst SAB CV from an “overweight” rating to a “neutral” rating in a report on Tuesday, October 29th.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Legato Capital Management LLC grew its stake in Grupo Aeroportuario dl Srst SAB CV by 20.6% during the 2nd quarter. Legato Capital Management LLC now owns 8,200 shares of the transportation company’s stock worth $1,329,000 after buying an additional 1,400 shares during the last quarter. Investec Asset Management North America Inc. grew its position in Grupo Aeroportuario dl Srst SAB CV by 8.8% during the 2nd quarter. Investec Asset Management North America Inc. now owns 69,159 shares of the transportation company’s stock worth $11,211,000 after purchasing an additional 5,571 shares during the last quarter. Investec Asset Management LTD grew its position in Grupo Aeroportuario dl Srst SAB CV by 7.7% during the 2nd quarter. Investec Asset Management LTD now owns 252,231 shares of the transportation company’s stock worth $40,889,000 after purchasing an additional 18,071 shares during the last quarter. Svenska Handelsbanken AB publ increased its stake in Grupo Aeroportuario dl Srst SAB CV by 15.2% in the second quarter. Svenska Handelsbanken AB publ now owns 10,600 shares of the transportation company’s stock valued at $1,718,000 after purchasing an additional 1,400 shares during the period. Finally, Aperio Group LLC increased its stake in Grupo Aeroportuario dl Srst SAB CV by 33.7% in the second quarter. Aperio Group LLC now owns 23,482 shares of the transportation company’s stock valued at $3,807,000 after purchasing an additional 5,916 shares during the period. Institutional investors and hedge funds own 18.25% of the company’s stock.

Shares of ASR traded up $2.11 during midday trading on Thursday, reaching $169.18. The stock had a trading volume of 6,399 shares, compared to its average volume of 49,004. The company has a market cap of $5.14 billion, a price-to-earnings ratio of 20.45, a PEG ratio of 4.07 and a beta of 0.60. The company’s fifty day simple moving average is $167.00 and its two-hundred day simple moving average is $158.83. Grupo Aeroportuario dl Srst SAB CV has a 1-year low of $132.42 and a 1-year high of $184.85. The company has a debt-to-equity ratio of 0.36, a current ratio of 3.51 and a quick ratio of 3.51.

Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR) last issued its earnings results on Wednesday, October 23rd. The transportation company reported $2.22 EPS for the quarter, topping analysts’ consensus estimates of $2.03 by $0.19. Grupo Aeroportuario dl Srst SAB CV had a net margin of 35.88% and a return on equity of 15.28%. The firm had revenue of $211.37 million during the quarter, compared to the consensus estimate of $213.01 million. On average, sell-side analysts forecast that Grupo Aeroportuario dl Srst SAB CV will post 9.57 earnings per share for the current year.

About Grupo Aeroportuario dl Srst SAB CV

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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