Corporacion America Airports S.A. (NYSE:CAAP) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Corporacion America Airports S.A. (NYSE:CAAP) have earned a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $28.6250.

A number of analysts have recently commented on CAAP shares. Weiss Ratings reissued a “buy (b)” rating on shares of Corporacion America Airports in a research note on Friday, March 27th. Wall Street Zen lowered Corporacion America Airports from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 16th.

Corporacion America Airports Stock Performance

NYSE:CAAP opened at $26.74 on Thursday. The stock’s 50-day simple moving average is $25.42 and its 200 day simple moving average is $26.09. The firm has a market capitalization of $4.42 billion, a PE ratio of 15.19, a price-to-earnings-growth ratio of 0.66 and a beta of 0.68. The company has a quick ratio of 1.38, a current ratio of 1.40 and a debt-to-equity ratio of 0.50. Corporacion America Airports has a twelve month low of $17.36 and a twelve month high of $30.50.

Corporacion America Airports (NYSE:CAAP) last released its quarterly earnings data on Wednesday, May 13th. The company reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.51 by ($0.04). The business had revenue of $537.62 million during the quarter, compared to analyst estimates of $470.63 million. Corporacion America Airports had a net margin of 13.79% and a return on equity of 17.40%. On average, analysts anticipate that Corporacion America Airports will post 2.41 EPS for the current fiscal year.

Institutional Trading of Corporacion America Airports

Hedge funds have recently made changes to their positions in the company. BNP Paribas Financial Markets lifted its stake in shares of Corporacion America Airports by 673.3% in 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 during the period. Royal Bank of Canada lifted its stake in shares of Corporacion America Airports by 30.4% in the first quarter. Royal Bank of Canada now owns 1,042,548 shares of the company’s stock worth $26,366,000 after acquiring an additional 243,092 shares during the period. Empowered Funds LLC lifted its stake in shares of Corporacion America Airports by 74.4% in the first quarter. Empowered Funds LLC now owns 425,585 shares of the company’s stock worth $10,763,000 after acquiring an additional 181,598 shares during the period. Militia Capital Management LLC acquired a new position in shares of Corporacion America Airports in the first quarter worth approximately $4,072,000. Finally, Helikon Investments Ltd lifted its stake in shares of Corporacion America Airports by 1.0% in the fourth quarter. Helikon Investments Ltd now owns 13,565,960 shares of the company’s stock worth $352,715,000 after acquiring an additional 135,515 shares during the period. 12.95% of the stock is owned by institutional investors and hedge funds.

Corporacion America Airports Company Profile

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.