Corporacion America Airports S.A. (NYSE:CAAP) Receives $26.60 Average Target Price from Analysts

Shares of Corporacion America Airports S.A. (NYSE:CAAP) have been given an average recommendation of “Moderate Buy” by the eight ratings firms that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $26.60.

A number of brokerages recently weighed in on CAAP. JPMorgan Chase & Co. increased their price target on shares of Corporacion America Airports from $24.50 to $27.00 and gave the company an “overweight” rating in a research report on Friday, January 16th. Citigroup began coverage on shares of Corporacion America Airports in a report on Thursday, October 30th. They issued a “buy” rating and a $28.00 target price on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Corporacion America Airports in a report on Monday, December 29th. The Goldman Sachs Group raised their price objective on Corporacion America Airports from $25.10 to $28.50 and gave the stock a “neutral” rating in a research note on Thursday, January 29th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $31.00 target price on shares of Corporacion America Airports in a research note on Wednesday, January 21st.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of CAAP. BNP Paribas Financial Markets increased its position in shares of Corporacion America Airports by 673.3% during the third quarter. BNP Paribas Financial Markets now owns 494,703 shares of the company’s stock worth $8,964,000 after acquiring an additional 430,726 shares in the last quarter. Helikon Investments Ltd increased its holdings in Corporacion America Airports by 1.0% during the 4th quarter. Helikon Investments Ltd now owns 13,565,960 shares of the company’s stock worth $352,715,000 after purchasing an additional 135,515 shares in the last quarter. LRT Capital Management LLC increased its holdings in Corporacion America Airports by 67.2% during the 3rd quarter. LRT Capital Management LLC now owns 195,885 shares of the company’s stock worth $3,549,000 after purchasing an additional 78,699 shares in the last quarter. Qube Research & Technologies Ltd raised its stake in shares of Corporacion America Airports by 110.6% in the 3rd quarter. Qube Research & Technologies Ltd now owns 136,973 shares of the company’s stock valued at $2,482,000 after purchasing an additional 71,922 shares during the period. Finally, Lazard Asset Management LLC bought a new stake in shares of Corporacion America Airports in the fourth quarter valued at about $1,845,000. Institutional investors own 12.95% of the company’s stock.

Corporacion America Airports Stock Performance

CAAP stock opened at $29.34 on Tuesday. Corporacion America Airports has a twelve month low of $15.01 and a twelve month high of $30.50. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.53 and a quick ratio of 1.51. The business’s fifty day moving average is $27.38 and its 200-day moving average is $23.26.

Corporacion America Airports (NYSE:CAAP) last released its quarterly earnings data on Monday, November 24th. The company reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.19). Corporacion America Airports had a net margin of 9.39% and a return on equity of 11.64%. The company had revenue of $532.10 million during the quarter, compared to the consensus estimate of $492.00 million. During the same quarter in the prior year, the company posted $0.09 EPS. Research analysts predict that Corporacion America Airports will post 0.95 earnings per share for the current fiscal year.

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.