Corporacion America Airports S.A. (NYSE:CAAP) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Corporacion America Airports S.A. (NYSE:CAAP) have been given a consensus recommendation of “Moderate Buy” by the six research firms that are covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $30.1250.

CAAP has been the subject of a number of research reports. Wall Street Zen cut Corporacion America Airports from a “buy” rating to a “hold” rating in a research report on Saturday, August 29th. Zacks Research raised Corporacion America Airports from a “strong sell” rating to a “hold” rating in a research note on Monday, July 6th. JPMorgan Chase & Co. boosted their price objective on Corporacion America Airports from $30.00 to $33.00 and gave the company an “overweight” rating in a report on Monday, June 15th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Corporacion America Airports in a report on Wednesday, June 24th.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Qube Research & Technologies Ltd boosted its holdings in shares of Corporacion America Airports by 328.8% in the 2nd quarter. Qube Research & Technologies Ltd now owns 65,051 shares of the company’s stock valued at $1,318,000 after acquiring an additional 49,882 shares during the last quarter. Canada Pension Plan Investment Board raised its position in shares of Corporacion America Airports by 49.5% in the second quarter. Canada Pension Plan Investment Board now owns 63,613 shares of the company’s stock valued at $1,289,000 after buying an additional 21,052 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of Corporacion America Airports by 2.9% in the second quarter. Raymond James Financial Inc. now owns 68,680 shares of the company’s stock valued at $1,391,000 after purchasing an additional 1,943 shares during the last quarter. Jane Street Group LLC acquired a new stake in Corporacion America Airports during the second quarter worth about $295,000. Finally, PDT Partners LLC increased its stake in Corporacion America Airports by 63.8% during the second quarter. PDT Partners LLC now owns 48,704 shares of the company’s stock worth $987,000 after acquiring an additional 18,972 shares during the last quarter. 12.95% of the stock is owned by institutional investors and hedge funds.

Corporacion America Airports Stock Performance

Shares of Corporacion America Airports stock opened at $24.39 on Friday. The business has a fifty day simple moving average of $24.85 and a two-hundred day simple moving average of $25.61. The firm has a market capitalization of $4.03 billion, a P/E ratio of 13.70, a P/E/G ratio of 0.66 and a beta of 0.69. Corporacion America Airports has a 12 month low of $17.36 and a 12 month high of $30.50. The company has a current ratio of 1.51, a quick ratio of 1.48 and a debt-to-equity ratio of 0.48.

Corporacion America Airports (NYSE:CAAP) last released its earnings results on Tuesday, August 18th. The company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.18). Corporacion America Airports had a return on equity of 16.69% and a net margin of 13.58%.The company had revenue of $534.04 million during the quarter, compared to the consensus estimate of $497.52 million. On average, equities analysts forecast that Corporacion America Airports will post 2.2 earnings per share for the current fiscal year.

Corporacion America Airports Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 31st will be given a $0.91 dividend. The ex-dividend date of this dividend is Monday, August 31st. Corporacion America Airports’s dividend payout ratio (DPR) is presently 50.56%.

About Corporacion America Airports

Corporación América Airports SA operates as a global airport infrastructure and services company, specializing in the development, acquisition and management of airport concessions. Headquartered in Buenos Aires, Argentina, the firm oversees long-term agreements that cover the planning, design, financing and ongoing operation of airport facilities. Its integrated approach aims to enhance operational efficiency and passenger experience through modernized terminals and streamlined processes.

The company’s core activities encompass passenger handling, cargo operations and ancillary services such as retail concessions, food and beverage outlets, ground handling, fueling and airport parking.