Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR) Receives Consensus Rating of “Hold” from Brokerages

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Shares of Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR) have been given an average rating of “Hold” by the fifteen research firms that are currently covering the firm, MarketBeat reports. Five equities research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and two have assigned a buy recommendation to the company.

A number of brokerages recently issued reports on ASR. Zacks Investment Research lowered shares of Grupo Aeroportuario dl Srst SAB CV from a “buy” rating to a “hold” rating in a report on Friday, August 9th. Raymond James reiterated an “average” rating on shares of Grupo Aeroportuario dl Srst SAB CV in a report on Friday, July 19th. CIBC reiterated an “average” rating on shares of Grupo Aeroportuario dl Srst SAB CV in a report on Monday, July 15th. Finally, ValuEngine lowered shares of Grupo Aeroportuario dl Srst SAB CV from a “hold” rating to a “sell” rating in a report on Monday, July 22nd.

NYSE ASR traded up $3.37 during trading hours on Friday, reaching $158.07. The company’s stock had a trading volume of 106,154 shares, compared to its average volume of 80,681. The firm has a fifty day simple moving average of $146.86 and a 200-day simple moving average of $158.30. The stock has a market cap of $4.74 billion, a P/E ratio of 19.02, a P/E/G ratio of 3.96 and a beta of 0.58. Grupo Aeroportuario dl Srst SAB CV has a 52 week low of $127.95 and a 52 week high of $208.99. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.79 and a quick ratio of 2.79.

Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR) last issued its quarterly earnings data on Monday, July 22nd. The transportation company reported $2.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.25 by $0.23. The business had revenue of $212.92 million during the quarter, compared to analyst estimates of $212.72 million. Grupo Aeroportuario dl Srst SAB CV had a net margin of 34.55% and a return on equity of 14.65%. On average, research analysts expect that Grupo Aeroportuario dl Srst SAB CV will post 9.05 earnings per share for the current year.

Large investors have recently added to or reduced their stakes in the business. Quantamental Technologies LLC acquired a new stake in Grupo Aeroportuario dl Srst SAB CV during the 1st quarter valued at approximately $32,000. Schroder Investment Management Group acquired a new stake in Grupo Aeroportuario dl Srst SAB CV during the 2nd quarter valued at approximately $81,000. Hexavest Inc. increased its position in Grupo Aeroportuario dl Srst SAB CV by 49.6% during the 2nd quarter. Hexavest Inc. now owns 851 shares of the transportation company’s stock valued at $138,000 after purchasing an additional 282 shares during the period. Granite Investment Advisors LLC acquired a new stake in Grupo Aeroportuario dl Srst SAB CV during the 2nd quarter valued at approximately $243,000. Finally, Blackhawk Capital Partners LLC. acquired a new stake in Grupo Aeroportuario dl Srst SAB CV during the 1st quarter valued at approximately $286,000. 19.80% of the stock is owned by institutional investors and hedge funds.

Grupo Aeroportuario dl Srst SAB CV Company Profile

Grupo Aeroportuario del Sureste, S. A. B. de C. V. holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. It operates nine airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlan. The company provides aeronautical services, which include passenger, aircraft landing and parking, passenger walkway, and airport security services.

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Analyst Recommendations for Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR)

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