Grupo Aeroportuario del Sureste's (ASR) "Hold (C)" Rating Reiterated at Weiss Ratings

Key Points

• Grupo Aeroportuario del Sureste's stock has been given a "hold (c)" rating by Weiss Ratings, amid mixed assessments from other analysts, including a recent downgrade from Zacks Research.
• The company's stock recently traded at $320.46 with a market capitalization of $9.61 billion, and it has a twelve-month price range between $248.88 and $360.00.
• Grupo Aeroportuario del Sureste reported $3.80 earnings per share (EPS), missing the consensus estimate, and analysts expect the company to post an EPS of 23 for the current fiscal year.

Grupo Aeroportuario del Sureste (NYSE:ASR - Get Free Report)'s stock had its "hold (c)" rating restated by equities researchers at Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

ASR has been the topic of a number of other reports. Citigroup reissued a "buy" rating on shares of Grupo Aeroportuario del Sureste in a research note on Wednesday, September 10th. Zacks Research lowered shares of Grupo Aeroportuario del Sureste from a "hold" rating to a "strong sell" rating in a research note on Monday. One analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Grupo Aeroportuario del Sureste currently has an average rating of "Hold" and an average price target of $310.00.

Grupo Aeroportuario del Sureste Price Performance

ASR stock traded up $6.51 during trading on Wednesday, hitting $320.46. The stock had a trading volume of 83,569 shares, compared to its average volume of 73,105. The company has a debt-to-equity ratio of 0.18, a current ratio of 5.16 and a quick ratio of 5.16. Grupo Aeroportuario del Sureste has a twelve month low of $248.88 and a twelve month high of $360.00. The stock has a market capitalization of $9.61 billion, a P/E ratio of 15.44, a PEG ratio of 8.15 and a beta of 0.77. The company's 50-day moving average price is $326.28 and its two-hundred day moving average price is $314.55.

Grupo Aeroportuario del Sureste (NYSE:ASR - Get Free Report) last posted its quarterly earnings data on Tuesday, July 22nd. The transportation company reported $3.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.01 by ($2.21). Grupo Aeroportuario del Sureste had a return on equity of 19.91% and a net margin of 37.14%.The firm had revenue of $464.62 million during the quarter, compared to analyst estimates of $8.98 billion. As a group, research analysts predict that Grupo Aeroportuario del Sureste will post 23 EPS for the current fiscal year.

Institutional Trading of Grupo Aeroportuario del Sureste

A number of large investors have recently modified their holdings of the stock. Assetmark Inc. grew its stake in shares of Grupo Aeroportuario del Sureste by 494.7% during the second quarter. Assetmark Inc. now owns 113 shares of the transportation company's stock worth $36,000 after purchasing an additional 94 shares in the last quarter. Hantz Financial Services Inc. grew its stake in shares of Grupo Aeroportuario del Sureste by 13,800.0% during the second quarter. Hantz Financial Services Inc. now owns 139 shares of the transportation company's stock worth $44,000 after purchasing an additional 138 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Grupo Aeroportuario del Sureste by 766.7% during the second quarter. EverSource Wealth Advisors LLC now owns 156 shares of the transportation company's stock worth $50,000 after purchasing an additional 138 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Grupo Aeroportuario del Sureste during the second quarter worth $58,000. Finally, Osaic Holdings Inc. grew its stake in shares of Grupo Aeroportuario del Sureste by 38.2% during the second quarter. Osaic Holdings Inc. now owns 181 shares of the transportation company's stock worth $58,000 after purchasing an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 10.57% of the company's stock.

Grupo Aeroportuario del Sureste Company Profile

Grupo Aeroportuario del Sureste, S. A. B. de C. V. holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. The company operates airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlán.

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