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

Key Points

• Corporacion America Airports has a “Moderate Buy” consensus rating: four analysts rate it a buy and two recommend holding, with an average 12-month price target of $30.13 versus a recent price of $24.97.
• CAAP’s latest quarterly results were mixed, with revenue of $537.6 million exceeding estimates but earnings per share of $0.47 falling short of the $0.51 consensus. Analysts forecast full-year EPS of approximately $2.20.
• Institutional investors own 12.95% of the company, while several major firms—including Royal Bank of Canada and BNP Paribas Financial Markets—recently increased their positions.

Corporacion America Airports S.A. (NYSE:CAAP - Get Free Report) has earned a consensus rating of "Moderate Buy" from the six ratings firms that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $30.1250.

CAAP has been the subject of several research reports. Weiss Ratings reiterated a "buy (b)" rating on shares of Corporacion America Airports in a research report on Wednesday, June 24th. Wall Street Zen downgraded Corporacion America Airports from a "strong-buy" rating to a "buy" rating in a research report on Saturday, May 16th. Zacks Research raised Corporacion America Airports from a "strong sell" rating to a "hold" rating in a research note on Monday, July 6th. Finally, JPMorgan Chase & Co. upped their price objective on Corporacion America Airports from $30.00 to $33.00 and gave the stock an "overweight" rating in a report on Monday, June 15th.

Corporacion America Airports Trading Down 0.4%

Shares of CAAP opened at $24.97 on Tuesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.40 and a quick ratio of 1.38. Corporacion America Airports has a 1-year low of $17.36 and a 1-year high of $30.50. The company has a market capitalization of $4.13 billion, a P/E ratio of 14.19, a P/E/G ratio of 0.68 and a beta of 0.70. The firm's 50 day simple moving average is $25.73 and its 200 day simple moving average is $26.23.

Corporacion America Airports (NYSE:CAAP - Get Free Report) last issued its quarterly earnings results on Thursday, May 14th. The company reported $0.47 EPS for the quarter, missing analysts' consensus estimates of $0.51 by ($0.04). Corporacion America Airports had a return on equity of 17.40% and a net margin of 13.79%.The company had revenue of $537.62 million during the quarter, compared to the consensus estimate of $470.63 million. Sell-side analysts forecast that Corporacion America Airports will post 2.2 earnings per share for the current fiscal year.

Institutional Trading of Corporacion America Airports

A number of hedge funds have recently bought and sold shares of the company. Helikon Investments Ltd grew its position 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 acquiring an additional 135,515 shares during the last quarter. BlackRock Inc. purchased a new stake in shares of Corporacion America Airports in the 2nd quarter valued at $38,001,000. Goldman Sachs Group Inc. grew its holdings in shares of Corporacion America Airports by 2.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,271,822 shares of the company's stock valued at $33,067,000 after purchasing an additional 29,590 shares during the last quarter. Royal Bank of Canada lifted its stake in Corporacion America Airports by 30.4% in the first quarter. Royal Bank of Canada now owns 1,042,548 shares of the company's stock worth $26,366,000 after purchasing an additional 243,092 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its stake in shares of Corporacion America Airports by 52.1% during the fourth quarter. BNP Paribas Financial Markets now owns 752,402 shares of the company's stock valued at $19,562,000 after buying an additional 257,699 shares during the last quarter. Institutional investors own 12.95% of the company's stock.

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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