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

Shares of Corporacion America Airports S.A. (NYSE:CAAP) have received an average rating of “Moderate Buy” from the six ratings firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $28.6250.

A number of research analysts have commented on the stock. Wall Street Zen cut shares of Corporacion America Airports from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 16th. Weiss Ratings restated a “buy (b)” rating on shares of Corporacion America Airports in a research note on Friday, March 27th. Finally, The Goldman Sachs Group raised their price target on shares of Corporacion America Airports from $25.10 to $28.50 and gave the stock a “neutral” rating in a research note on Thursday, January 29th.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of CAAP. BNP Paribas Financial Markets raised its stake in shares of Corporacion America Airports by 673.3% in the third quarter. BNP Paribas Financial Markets now owns 494,703 shares of the company’s stock valued at $8,964,000 after acquiring an additional 430,726 shares during the last quarter. Royal Bank of Canada raised its stake in shares of Corporacion America Airports by 30.4% in the first quarter. Royal Bank of Canada now owns 1,042,548 shares of the company’s stock valued at $26,366,000 after acquiring an additional 243,092 shares during the last quarter. Empowered Funds LLC raised its stake in shares of Corporacion America Airports by 74.4% in the first quarter. Empowered Funds LLC now owns 425,585 shares of the company’s stock valued at $10,763,000 after acquiring an additional 181,598 shares during the last quarter. Militia Capital Management LLC bought a new position in shares of Corporacion America Airports in the first quarter valued at approximately $4,072,000. Finally, Helikon Investments Ltd raised its stake in shares of Corporacion America Airports by 1.0% in the fourth quarter. Helikon Investments Ltd now owns 13,565,960 shares of the company’s stock valued at $352,715,000 after acquiring an additional 135,515 shares during the last quarter. Institutional investors own 12.95% of the company’s stock.

Corporacion America Airports Stock Up 3.3%

Shares of CAAP opened at $26.38 on Thursday. The stock has a market cap of $4.36 billion, a price-to-earnings ratio of 14.99, a P/E/G ratio of 0.63 and a beta of 0.68. The company has a quick ratio of 1.38, a current ratio of 1.40 and a debt-to-equity ratio of 0.50. Corporacion America Airports has a 12 month low of $17.36 and a 12 month high of $30.50. The company has a 50-day moving average price of $25.34 and a two-hundred day moving average price of $26.00.

Corporacion America Airports (NYSE:CAAP) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.04). The business had revenue of $537.62 million for the quarter, compared to the consensus estimate of $470.63 million. Corporacion America Airports had a return on equity of 17.40% and a net margin of 13.79%. Equities analysts predict that Corporacion America Airports will post 2.41 EPS for the current fiscal year.

Corporacion America Airports Company Profile

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.