Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• Analysts give Grupo Aeroportuario Del Pacifico a consensus rating of Hold from six firms (four hold, two buy).
• The company reported strong quarterly results — $3.72 EPS on $635.54 million in revenue with a 25.04% net margin and 43.12% ROE — and analysts forecast about 12.62 EPS for the current fiscal year.
• Institutional investors have been increasing exposure, notably Lazard Asset Management raising its stake to 1,154,495 shares (≈$304 million); institutional ownership is about 11.73%.

Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC - Get Free Report) has been given an average rating of "Hold" by the six ratings firms that are presently covering the company, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

PAC has been the subject of a number of research reports. Weiss Ratings reissued a "hold (c)" rating on shares of Grupo Aeroportuario Del Pacifico in a report on Thursday, January 22nd. Zacks Research raised shares of Grupo Aeroportuario Del Pacifico from a "strong sell" rating to a "hold" rating in a report on Monday, February 9th. Finally, Citigroup reissued a "neutral" rating on shares of Grupo Aeroportuario Del Pacifico in a report on Thursday, January 15th.

Grupo Aeroportuario Del Pacifico Stock Down 1.3%

PAC stock opened at $246.07 on Tuesday. The stock has a market capitalization of $12.43 billion, a P/E ratio of 22.05, a price-to-earnings-growth ratio of 1.47 and a beta of 0.98. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 1.90. Grupo Aeroportuario Del Pacifico has a 12 month low of $203.59 and a 12 month high of $300.41. The firm has a 50-day moving average price of $248.20 and a 200-day moving average price of $249.65.

Grupo Aeroportuario Del Pacifico (NYSE:PAC - Get Free Report) last posted its earnings results on Tuesday, March 31st. The transportation company reported $3.72 EPS for the quarter. The firm had revenue of $635.54 million during the quarter. Grupo Aeroportuario Del Pacifico had a net margin of 25.04% and a return on equity of 43.12%. As a group, equities research analysts anticipate that Grupo Aeroportuario Del Pacifico will post 12.62 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in PAC. Lazard Asset Management LLC increased its stake in shares of Grupo Aeroportuario Del Pacifico by 21.8% in the fourth quarter. Lazard Asset Management LLC now owns 1,154,495 shares of the transportation company's stock valued at $304,359,000 after buying an additional 206,914 shares during the period. Itau Unibanco Holding S.A. acquired a new stake in Grupo Aeroportuario Del Pacifico during the 4th quarter valued at approximately $42,634,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in Grupo Aeroportuario Del Pacifico during the 3rd quarter valued at approximately $30,453,000. Fisher Funds Management LTD acquired a new stake in Grupo Aeroportuario Del Pacifico during the 4th quarter valued at approximately $25,933,000. Finally, Janney Montgomery Scott LLC increased its position in Grupo Aeroportuario Del Pacifico by 4,465.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 47,842 shares of the transportation company's stock valued at $12,613,000 after purchasing an additional 46,794 shares during the period. Institutional investors and hedge funds own 11.73% of the company's stock.

Grupo Aeroportuario Del Pacifico Company Profile

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.

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