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

Corporacion America Airports S.A. (NYSE:CAAP) has been assigned an average rating of “Moderate Buy” from the seven brokerages that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $27.84.

Several research analysts recently commented on CAAP shares. Weiss Ratings reissued a “buy (b)” rating on shares of Corporacion America Airports in a research report on Friday, March 27th. Zacks Research cut Corporacion America Airports from a “hold” rating to a “strong sell” rating in a research report on Monday, January 26th. Wall Street Zen raised Corporacion America Airports from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 21st. JPMorgan Chase & Co. increased their price target on Corporacion America Airports from $24.50 to $27.00 and gave the company an “overweight” rating in a research report on Friday, January 16th. Finally, The Goldman Sachs Group increased their price target on Corporacion America Airports from $25.10 to $28.50 and gave the company a “neutral” rating in a research report on Thursday, January 29th.

Hedge Funds Weigh In On Corporacion America Airports

Hedge funds and other institutional investors have recently bought and sold shares of the business. Leonteq Securities AG bought a new position in Corporacion America Airports during the fourth quarter worth about $65,000. Van ECK Associates Corp grew its holdings in Corporacion America Airports by 119.4% during the fourth quarter. Van ECK Associates Corp now owns 2,808 shares of the company’s stock worth $73,000 after purchasing an additional 1,528 shares during the period. Aquatic Capital Management LLC bought a new position in Corporacion America Airports during the third quarter worth about $88,000. Quarry LP bought a new position in Corporacion America Airports during the third quarter worth about $108,000. Finally, Rhumbline Advisers grew its holdings in Corporacion America Airports by 10.0% during the third quarter. Rhumbline Advisers now owns 6,600 shares of the company’s stock worth $120,000 after purchasing an additional 600 shares during the period. Institutional investors own 12.95% of the company’s stock.

Corporacion America Airports Stock Performance

Shares of NYSE CAAP opened at $25.26 on Friday. The stock has a 50 day moving average price of $25.80 and a 200 day moving average price of $25.58. Corporacion America Airports has a 52 week low of $17.36 and a 52 week high of $30.50. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.33 and a current ratio of 1.35. The stock has a market capitalization of $4.17 billion, a PE ratio of 16.40, a price-to-earnings-growth ratio of 0.63 and a beta of 0.68.

Corporacion America Airports (NYSE:CAAP) last issued its quarterly earnings results on Friday, March 6th. The company reported $404.99 EPS for the quarter. Corporacion America Airports had a return on equity of 15.93% and a net margin of 12.59%.The firm had revenue of $562.61 million during the quarter. Analysts predict that Corporacion America Airports will post 2.41 earnings per share for the current fiscal year.

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.