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

Corporacion America Airports S.A. (NYSE:CAAP) has been given an average recommendation of “Moderate Buy” by the six research firms that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $30.1250.

A number of brokerages recently weighed in on CAAP. Zacks Research downgraded shares of Corporacion America Airports from a “hold” rating to a “strong sell” rating in a research report on Thursday, June 4th. Wall Street Zen downgraded Corporacion America Airports from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 16th. JPMorgan Chase & Co. lifted their target price on Corporacion America Airports from $30.00 to $33.00 and gave the company an “overweight” rating in a research note on Monday, June 15th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Corporacion America Airports in a research note on Friday, March 27th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CAAP. BNP Paribas Financial Markets boosted its holdings 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 valued at $8,964,000 after acquiring an additional 430,726 shares in the last quarter. Royal Bank of Canada lifted its stake in Corporacion America Airports by 30.4% during the first quarter. Royal Bank of Canada now owns 1,042,548 shares of the company’s stock valued at $26,366,000 after purchasing an additional 243,092 shares during the last quarter. Empowered Funds LLC lifted its stake in Corporacion America Airports by 74.4% during the first quarter. Empowered Funds LLC now owns 425,585 shares of the company’s stock valued at $10,763,000 after purchasing an additional 181,598 shares during the last quarter. Militia Capital Management LLC acquired a new stake in Corporacion America Airports during the first quarter valued at approximately $4,072,000. Finally, Helikon Investments Ltd lifted its stake in Corporacion America Airports by 1.0% during the fourth quarter. Helikon Investments Ltd now owns 13,565,960 shares of the company’s stock valued at $352,715,000 after purchasing an additional 135,515 shares during the last quarter. 12.95% of the stock is currently owned by institutional investors.

Corporacion America Airports Price Performance

Shares of NYSE:CAAP opened at $27.52 on Monday. 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 fifty-two week low of $17.36 and a fifty-two week high of $30.50. The firm has a 50-day simple moving average of $25.76 and a 200 day simple moving average of $26.40. The company has a market cap of $4.55 billion, a PE ratio of 15.64, a P/E/G ratio of 0.75 and a beta of 0.68.

Corporacion America Airports (NYSE:CAAP) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.04). Corporacion America Airports had a net margin of 13.79% and a return on equity of 17.40%. The business had revenue of $537.62 million for the quarter, compared to the consensus estimate of $470.63 million. On average, sell-side analysts anticipate that Corporacion America Airports will post 2.2 EPS for the current 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.