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

Shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) have been given an average recommendation of “Hold” by the six analysts that are currently covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company.

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a research note on Wednesday, June 3rd.

Institutional Trading of Grupo Aeroportuario Del Pacifico

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Militia Capital Management LLC purchased a new stake in Grupo Aeroportuario Del Pacifico in the first quarter worth $839,000. NewEdge Advisors LLC lifted its stake in Grupo Aeroportuario Del Pacifico by 12.4% in the first quarter. NewEdge Advisors LLC now owns 1,222 shares of the transportation company’s stock worth $302,000 after acquiring an additional 135 shares during the period. Bank of America Corp DE lifted its stake in Grupo Aeroportuario Del Pacifico by 185.0% in the first quarter. Bank of America Corp DE now owns 83,866 shares of the transportation company’s stock worth $20,704,000 after acquiring an additional 54,439 shares during the period. EverSource Wealth Advisors LLC lifted its stake in Grupo Aeroportuario Del Pacifico by 50.6% in the first quarter. EverSource Wealth Advisors LLC now owns 247 shares of the transportation company’s stock worth $61,000 after acquiring an additional 83 shares during the period. Finally, Empowered Funds LLC lifted its stake in Grupo Aeroportuario Del Pacifico by 148.1% in the first quarter. Empowered Funds LLC now owns 74,607 shares of the transportation company’s stock worth $18,418,000 after acquiring an additional 44,531 shares during the period. Hedge funds and other institutional investors own 11.73% of the company’s stock.

Grupo Aeroportuario Del Pacifico Stock Performance

NYSE:PAC opened at $244.23 on Wednesday. The firm has a market cap of $12.34 billion, a PE ratio of 21.88, a price-to-earnings-growth ratio of 0.90 and a beta of 0.94. Grupo Aeroportuario Del Pacifico has a fifty-two week low of $206.91 and a fifty-two week high of $300.41. The company has a debt-to-equity ratio of 1.90, a quick ratio of 1.50 and a current ratio of 1.50. The business has a 50 day moving average price of $244.64 and a 200-day moving average price of $254.95.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last announced its earnings results on Tuesday, March 31st. The transportation company reported $3.72 EPS for the quarter. Grupo Aeroportuario Del Pacifico had a return on equity of 43.12% and a net margin of 25.04%.The company had revenue of $635.54 million during the quarter. Equities research analysts predict that Grupo Aeroportuario Del Pacifico will post 12.51 earnings per share for the current year.

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.