Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) Receives Average Recommendation of “Moderate Buy” from Analysts

Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) has been given a consensus rating of “Moderate Buy” by the six ratings firms that are presently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company.

A number of equities analysts have commented on PAC shares. Weiss Ratings reissued a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a research note on Wednesday, June 3rd. Citigroup upgraded Grupo Aeroportuario Del Pacifico from a “neutral” rating to a “buy” rating in a research note on Monday.

Institutional Investors Weigh In On Grupo Aeroportuario Del Pacifico

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC raised its stake in shares of Grupo Aeroportuario Del Pacifico by 65.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 164 shares of the transportation company’s stock worth $43,000 after acquiring an additional 65 shares during the last quarter. Measured Wealth Private Client Group LLC bought a new stake in shares of Grupo Aeroportuario Del Pacifico during the third quarter valued at approximately $43,000. Kestra Advisory Services LLC bought a new stake in shares of Grupo Aeroportuario Del Pacifico during the fourth quarter valued at approximately $54,000. Van ECK Associates Corp increased its holdings in shares of Grupo Aeroportuario Del Pacifico by 20.6% in the third quarter. Van ECK Associates Corp now owns 334 shares of the transportation company’s stock valued at $79,000 after purchasing an additional 57 shares in the last quarter. Finally, Allworth Financial LP increased its holdings in shares of Grupo Aeroportuario Del Pacifico by 92.0% in the fourth quarter. Allworth Financial LP now owns 311 shares of the transportation company’s stock valued at $82,000 after purchasing an additional 149 shares in the last quarter. Institutional investors and hedge funds own 11.73% of the company’s stock.

Grupo Aeroportuario Del Pacifico Stock Performance

NYSE:PAC opened at $217.88 on Friday. Grupo Aeroportuario Del Pacifico has a 1 year low of $206.91 and a 1 year high of $300.41. The firm has a 50 day moving average of $240.16 and a 200-day moving average of $252.42. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.95. The stock has a market capitalization of $11.01 billion, a P/E ratio of 19.35, a price-to-earnings-growth ratio of 1.45 and a beta of 0.93.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last released its quarterly earnings results on Tuesday, July 14th. The transportation company reported $2.80 EPS for the quarter, missing analysts’ consensus estimates of $3.10 by ($0.30). The business had revenue of $645.23 million for the quarter, compared to the consensus estimate of $732.26 million. Grupo Aeroportuario Del Pacifico had a return on equity of 32.44% and a net margin of 25.36%. As a group, sell-side analysts anticipate that Grupo Aeroportuario Del Pacifico will post 11.71 EPS for the current fiscal year.

Grupo Aeroportuario Del Pacifico Company Profile

Grupo Aeroportuario del Pacífico, SAB. de C.V. (NYSE:PAC), commonly known as GAP, is a leading airport operator in Mexico. Established in 1998 as part of the federal government’s airport privatization program, GAP holds long‐term concession agreements—typically 50 years—to manage, develop and operate airports under a public–private partnership model. Through these concessions, the company undertakes terminal expansions, runway maintenance and the modernization of navigation and security systems.

The company’s portfolio comprises 12 airports across Mexico’s Pacific and western regions, including major hubs such as Guadalajara, Tijuana, Los Cabos, Puerto Vallarta and Mazatlán, as well as regional facilities in Aguascalientes, Morelia and La Paz.