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

Corporacion America Airports S.A. (NYSE:CAAP) has received an average recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $26.60.

Several research analysts have recently issued reports on CAAP shares. Wall Street Zen upgraded Corporacion America Airports from a “hold” rating to a “buy” rating in a research note on Saturday, December 6th. Zacks Research lowered Corporacion America Airports from a “hold” rating to a “strong sell” rating in a research report on Monday, January 26th. JPMorgan Chase & Co. increased their price target on shares of Corporacion America Airports from $24.50 to $27.00 and gave the stock an “overweight” rating in a report on Friday, January 16th. Weiss Ratings reissued a “buy (b)” rating on shares of Corporacion America Airports in a research report on Monday, December 29th. Finally, The Goldman Sachs Group lifted their price objective on shares of Corporacion America Airports from $25.10 to $28.50 and gave the company a “neutral” rating in a research note on Thursday, January 29th.

Corporacion America Airports Stock Down 2.8%

NYSE CAAP opened at $24.85 on Friday. 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 stock’s fifty day moving average price is $27.57 and its 200 day moving average price is $23.93. Corporacion America Airports has a 1 year low of $15.01 and a 1 year high of $30.50.

Corporacion America Airports (NYSE:CAAP) last issued its quarterly earnings results on Friday, March 6th. The company reported $404.99 EPS for the quarter. The company had revenue of ($36.63) million during the quarter. Corporacion America Airports had a return on equity of 16.21% and a net margin of 12.59%. As a group, analysts anticipate that Corporacion America Airports will post 0.95 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Leonteq Securities AG purchased a new stake in Corporacion America Airports in the fourth quarter valued at $65,000. Van ECK Associates Corp raised its stake in shares of Corporacion America Airports by 119.4% during 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 last quarter. Aquatic Capital Management LLC acquired a new position in shares of Corporacion America Airports in the 3rd quarter valued at about $88,000. Quarry LP acquired a new position in shares of Corporacion America Airports in the 3rd quarter valued at about $108,000. Finally, Federation des caisses Desjardins du Quebec boosted its stake in shares of Corporacion America Airports by 15.0% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 5,980 shares of the company’s stock worth $155,000 after buying an additional 782 shares during the last quarter. 12.95% of the stock is currently owned by institutional investors and hedge funds.

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.