Corporacion America Airports S.A. (NYSE:CAAP) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Analysts have a consensus rating of "Moderate Buy" on CAAP (6 buys, 1 hold, 1 sell) with an average 12‑month price target of $26.60.
• Recent analyst actions are mixed: Jefferies reiterated a buy with a $31 target, Goldman lifted its target to $28.50 (neutral), JPMorgan raised its target to $27 (overweight), while Zacks cut the stock to a strong sell.
• The stock trades around $25.59 (52‑week range $15.01–$30.50) with a market cap of about $4.17B and a PE of 16.62; last quarter revenue was $562.61M with a return on equity of 15.93% and a net margin of 12.59%.

Shares of Corporacion America Airports S.A. (NYSE:CAAP - Get Free Report) have been given a consensus rating of "Moderate Buy" by the eight research firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and six have given a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $26.60.

Several research firms have weighed in on CAAP. Jefferies Financial Group reaffirmed a "buy" rating and set a $31.00 target price on shares of Corporacion America Airports in a research note on Wednesday, January 21st. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Corporacion America Airports in a research note on Friday, March 27th. The Goldman Sachs Group lifted their target price on Corporacion America Airports from $25.10 to $28.50 and gave the company a "neutral" rating in a research note on Thursday, January 29th. JPMorgan Chase & Co. lifted their target price on Corporacion America Airports from $24.50 to $27.00 and gave the company an "overweight" rating in a research note on Friday, January 16th. Finally, Zacks Research cut Corporacion America Airports from a "hold" rating to a "strong sell" rating in a research note on Monday, January 26th.

Corporacion America Airports Trading Up 0.1%

NYSE:CAAP opened at $25.59 on Wednesday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.35 and a quick ratio of 1.33. Corporacion America Airports has a fifty-two week low of $15.01 and a fifty-two week high of $30.50. The stock's 50-day moving average is $27.07 and its two-hundred day moving average is $24.50. The stock has a market cap of $4.17 billion, a PE ratio of 16.62, a price-to-earnings-growth ratio of 0.64 and a beta of 0.81.

Corporacion America Airports (NYSE:CAAP - Get Free Report) last released its earnings results on Friday, March 6th. The company reported $404.99 earnings per share for the quarter. Corporacion America Airports had a return on equity of 15.93% and a net margin of 12.59%.The company had revenue of $562.61 million for the quarter. As a group, equities research analysts forecast that Corporacion America Airports will post 0.95 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Corporacion America Airports

Several institutional investors have recently made changes to their positions in CAAP. Qube Research & Technologies Ltd lifted its holdings in shares of Corporacion America Airports by 328.8% during the 2nd quarter. Qube Research & Technologies Ltd now owns 65,051 shares of the company's stock valued at $1,318,000 after buying an additional 49,882 shares during the last quarter. HighVista Strategies LLC lifted its holdings in shares of Corporacion America Airports by 3.0% during the 2nd quarter. HighVista Strategies LLC now owns 62,000 shares of the company's stock valued at $1,256,000 after buying an additional 1,800 shares during the last quarter. Canada Pension Plan Investment Board lifted its holdings in shares of Corporacion America Airports by 49.5% during the 2nd quarter. Canada Pension Plan Investment Board now owns 63,613 shares of the company's stock valued at $1,289,000 after buying an additional 21,052 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Corporacion America Airports by 2.9% during the 2nd quarter. Raymond James Financial Inc. now owns 68,680 shares of the company's stock valued at $1,391,000 after buying an additional 1,943 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of Corporacion America Airports during the 2nd quarter valued at about $295,000. 12.95% of the stock is currently 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.

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