Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Receives Average Rating of “Hold” from Analysts

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) has received an average recommendation of “Hold” from the four research firms that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $274.00.

Separately, StockNews.com upgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a research note on Thursday, September 5th.

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

NYSE ASR opened at $267.63 on Thursday. The company has a quick ratio of 3.97, a current ratio of 3.97 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $8.03 billion, a PE ratio of 12.65, a price-to-earnings-growth ratio of 2.25 and a beta of 1.12. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 12-month low of $203.77 and a 12-month high of $357.90. The company has a 50 day moving average price of $277.46 and a two-hundred day moving average price of $302.95.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last issued its quarterly earnings data on Tuesday, July 23rd. The transportation company reported $9.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.64 by $3.96. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 49.57% and a return on equity of 25.99%. The firm had revenue of $357.51 million during the quarter. As a group, equities analysts predict that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 22.95 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Blue Trust Inc. grew its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 64.7% in the second quarter. Blue Trust Inc. now owns 313 shares of the transportation company’s stock valued at $100,000 after purchasing an additional 123 shares during the last quarter. Ballentine Partners LLC acquired a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the first quarter worth about $249,000. Sequoia Financial Advisors LLC raised its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 12.0% in the 1st quarter. Sequoia Financial Advisors LLC now owns 813 shares of the transportation company’s stock valued at $259,000 after acquiring an additional 87 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 62.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 840 shares of the transportation company’s stock worth $247,000 after acquiring an additional 322 shares during the period. Finally, Cynosure Group LLC acquired a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 1st quarter worth approximately $335,000. Institutional investors own 10.57% of the company’s stock.

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.