Corporacion America Airports S.A. (NYSE:CAAP) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Corporacion America Airports S.A. (NYSE:CAAP) have been assigned an average rating of “Moderate Buy” from the six brokerages that are currently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among analysts that have covered the stock in the last year is $30.1250.

Several analysts have issued reports on CAAP shares. Weiss Ratings restated a “buy (b)” rating on shares of Corporacion America Airports in a research report on Wednesday, June 24th. Zacks Research upgraded shares of Corporacion America Airports from a “strong sell” rating to a “hold” rating in a research note on Monday, July 6th. JPMorgan Chase & Co. lifted their target price on Corporacion America Airports from $30.00 to $33.00 and gave the stock an “overweight” rating in a research report on Monday, June 15th. Finally, Wall Street Zen lowered Corporacion America Airports from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 16th.

Corporacion America Airports Stock Down 0.3%

CAAP opened at $25.16 on Friday. Corporacion America Airports has a 1-year low of $17.36 and a 1-year high of $30.50. The company has a current ratio of 1.40, a quick ratio of 1.38 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $4.16 billion, a price-to-earnings ratio of 14.30, a P/E/G ratio of 0.69 and a beta of 0.69. The business has a 50 day moving average of $25.62 and a 200-day moving average of $26.34.

Corporacion America Airports (NYSE:CAAP) last announced its earnings results on Thursday, May 14th. The company reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.04). The company 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%. As a group, sell-side analysts anticipate that Corporacion America Airports will post 2.2 earnings per share for the current year.

Institutional Trading of Corporacion America Airports

Several institutional investors have recently modified their holdings of the company. Leonteq Securities AG acquired a new position in shares of Corporacion America Airports in the fourth quarter valued at $65,000. Van ECK Associates Corp increased its holdings in Corporacion America Airports by 119.4% in the 4th quarter. Van ECK Associates Corp now owns 2,808 shares of the company’s stock valued at $73,000 after buying an additional 1,528 shares during the period. Aquatic Capital Management LLC acquired a new position in shares of Corporacion America Airports in the 3rd quarter valued at $88,000. Quarry LP acquired a new position in shares of Corporacion America Airports in the 3rd quarter valued at $108,000. Finally, Federation des caisses Desjardins du Quebec lifted its holdings in shares of Corporacion America Airports by 15.0% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 5,980 shares of the company’s stock worth $155,000 after acquiring an additional 782 shares during the period. Institutional investors and hedge funds own 12.95% of the company’s stock.

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.