Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) Receives Consensus Rating of “Hold” from Brokerages

Shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) have been given a consensus rating of “Hold” by the six ratings firms that are covering the company, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company.

A number of equities analysts have recently commented on PAC shares. Bank of America raised Grupo Aeroportuario Del Pacifico from an “underperform” rating to a “buy” rating in a report on Thursday, December 11th. Citigroup reaffirmed a “neutral” rating on shares of Grupo Aeroportuario Del Pacifico in a research note on Thursday, January 15th. Scotiabank reiterated a “sector perform” rating on shares of Grupo Aeroportuario Del Pacifico in a research report on Thursday, December 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a research note on Thursday, January 22nd. Finally, Zacks Research upgraded shares of Grupo Aeroportuario Del Pacifico from a “strong sell” rating to a “hold” rating in a research note on Monday, February 9th.

Grupo Aeroportuario Del Pacifico Stock Performance

Shares of NYSE:PAC opened at $233.95 on Monday. The company’s 50 day simple moving average is $265.51 and its 200 day simple moving average is $248.23. The stock has a market capitalization of $11.82 billion, a price-to-earnings ratio of 22.82, a price-to-earnings-growth ratio of 1.38 and a beta of 1.01. The company has a debt-to-equity ratio of 2.21, a current ratio of 0.91 and a quick ratio of 2.01. Grupo Aeroportuario Del Pacifico has a 1 year low of $168.62 and a 1 year high of $300.41.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last released its earnings results on Tuesday, February 24th. The transportation company reported $1.97 earnings per share for the quarter, missing the consensus estimate of $3.08 by ($1.11). The business had revenue of $549.01 million for the quarter, compared to the consensus estimate of $613.30 million. Grupo Aeroportuario Del Pacifico had a return on equity of 41.85% and a net margin of 24.06%. As a group, research analysts predict that Grupo Aeroportuario Del Pacifico will post 10 EPS for the current fiscal year.

Hedge Funds Weigh In On Grupo Aeroportuario Del Pacifico

Several institutional investors and hedge funds have recently added to or reduced their stakes in PAC. Compound Planning Inc. grew its stake in shares of Grupo Aeroportuario Del Pacifico by 3.3% during the fourth quarter. Compound Planning Inc. now owns 1,524 shares of the transportation company’s stock worth $402,000 after buying an additional 49 shares during the last quarter. Allworth Financial LP lifted its stake in shares of Grupo Aeroportuario Del Pacifico by 48.1% in the 2nd quarter. Allworth Financial LP now owns 154 shares of the transportation company’s stock valued at $35,000 after acquiring an additional 50 shares during the last quarter. Van ECK Associates Corp lifted its stake in shares of Grupo Aeroportuario Del Pacifico by 20.6% in the 3rd quarter. Van ECK Associates Corp now owns 334 shares of the transportation company’s stock valued at $79,000 after acquiring an additional 57 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of Grupo Aeroportuario Del Pacifico by 65.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 164 shares of the transportation company’s stock valued at $43,000 after acquiring an additional 65 shares in the last quarter. Finally, ProShare Advisors LLC boosted its holdings in shares of Grupo Aeroportuario Del Pacifico by 1.8% during the 3rd quarter. ProShare Advisors LLC now owns 4,399 shares of the transportation company’s stock valued at $1,043,000 after acquiring an additional 78 shares in the last quarter. Institutional investors own 11.73% of the company’s stock.

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.