Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) Given Average Recommendation of “Hold” by Analysts

Shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) have earned a consensus rating of “Hold” from the six analysts that are currently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company.

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

Grupo Aeroportuario Del Pacifico Stock Performance

Shares of PAC stock opened at $221.03 on Friday. Grupo Aeroportuario Del Pacifico has a 12-month low of $206.91 and a 12-month high of $300.41. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.84 and a quick ratio of 1.50. The firm has a market capitalization of $11.17 billion, a price-to-earnings ratio of 19.63, a price-to-earnings-growth ratio of 1.47 and a beta of 0.93. The business has a 50 day simple moving average of $241.31 and a 200 day simple moving average of $253.18.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last announced its earnings results on Tuesday, July 14th. The transportation company reported $2.80 earnings per share for the quarter, missing the consensus estimate of $3.10 by ($0.30). Grupo Aeroportuario Del Pacifico had a net margin of 25.36% and a return on equity of 32.44%. The business had revenue of $645.23 million for the quarter, compared to the consensus estimate of $732.26 million. On average, equities research analysts anticipate that Grupo Aeroportuario Del Pacifico will post 11.71 EPS for the current year.

Institutional Investors Weigh In On Grupo Aeroportuario Del Pacifico

Several institutional investors have recently bought and sold shares of the stock. Militia Capital Management LLC bought a new position in Grupo Aeroportuario Del Pacifico in the 1st quarter valued at about $839,000. NewEdge Advisors LLC raised its position in shares of Grupo Aeroportuario Del Pacifico by 12.4% during the 1st quarter. NewEdge Advisors LLC now owns 1,222 shares of the transportation company’s stock worth $302,000 after buying an additional 135 shares in the last quarter. Bank of America Corp DE raised its position in shares of Grupo Aeroportuario Del Pacifico by 185.0% during the 1st quarter. Bank of America Corp DE now owns 83,866 shares of the transportation company’s stock worth $20,704,000 after buying an additional 54,439 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Grupo Aeroportuario Del Pacifico by 50.6% during the 1st quarter. EverSource Wealth Advisors LLC now owns 247 shares of the transportation company’s stock worth $61,000 after buying an additional 83 shares in the last quarter. Finally, Empowered Funds LLC lifted its stake in shares of Grupo Aeroportuario Del Pacifico by 148.1% in the 1st 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. Institutional investors and hedge funds own 11.73% of the company’s stock.

About Grupo Aeroportuario Del Pacifico

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.