Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Receives $274.00 Consensus Price Target from Brokerages

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) has received an average rating of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $274.00.

Several analysts recently weighed in on ASR shares. StockNews.com cut shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “buy” rating to a “hold” rating in a report on Monday. Barclays lowered Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an “overweight” rating to an “equal weight” rating in a report on Wednesday, March 13th. Bank of America raised Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an “underperform” rating to a “buy” rating in a research report on Thursday, December 14th. Finally, The Goldman Sachs Group raised Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “sell” rating to a “buy” rating and raised their target price for the stock from $274.00 to $326.00 in a research report on Friday, January 26th.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Performance

Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. stock opened at $317.30 on Monday. The stock has a market capitalization of $9.52 billion, a price-to-earnings ratio of 16.21, a price-to-earnings-growth ratio of 2.98 and a beta of 1.17. The company has a debt-to-equity ratio of 0.21, a current ratio of 4.26 and a quick ratio of 2.97. The business has a 50-day moving average of $297.11 and a 200 day moving average of $264.07. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 12 month low of $165.00 and a 12 month high of $320.70.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last announced its quarterly earnings data on Monday, February 26th. The transportation company reported $4.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.78 by ($0.79). Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 39.55% and a return on equity of 20.77%. The company had revenue of $392.31 million during the quarter. As a group, sell-side analysts forecast that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.61 earnings per share for the current year.

Institutional Trading of Grupo Aeroportuario del Sureste, S. A. B. de C. V.

A number of large investors have recently made changes to their positions in ASR. PNC Financial Services Group Inc. lifted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 62.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 840 shares of the transportation company’s stock valued at $247,000 after buying an additional 322 shares during the last quarter. Goldman Sachs Group Inc. raised its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 42.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 40,382 shares of the transportation company’s stock valued at $11,883,000 after purchasing an additional 12,132 shares during the last quarter. Scarborough Advisors LLC acquired a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 4th quarter worth $345,000. FIL Ltd grew its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 4.8% during the 4th quarter. FIL Ltd now owns 12,440 shares of the transportation company’s stock worth $3,661,000 after purchasing an additional 565 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD grew its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 22.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 114,156 shares of the transportation company’s stock worth $33,593,000 after purchasing an additional 20,836 shares during the last quarter. 10.57% of the stock is owned by institutional investors and hedge funds.

About Grupo Aeroportuario del Sureste, S. A. B. de C. V.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. The company operates airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlán.