Corporacion America Airports SA (NYSE:CAAP) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that cover the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy rating.
Analysts have set a 12 month consensus price objective of $10.00 for the company and are expecting that the company will post ($0.43) earnings per share for the current quarter, according to Zacks. Zacks has also assigned Corporacion America Airports an industry rank of 30 out of 256 based on the ratings given to its competitors.
A number of equities analysts have recently commented on the stock. ValuEngine upgraded shares of Corporacion America Airports from a “hold” rating to a “buy” rating in a report on Thursday, August 1st. Zacks Investment Research lowered shares of Corporacion America Airports from a “buy” rating to a “hold” rating in a report on Monday, July 29th.
Shares of NYSE:CAAP traded up $0.02 during mid-day trading on Wednesday, reaching $5.54. 132,600 shares of the company’s stock were exchanged, compared to its average volume of 148,217. The firm has a market capitalization of $878.52 million, a price-to-earnings ratio of 138.50 and a beta of 1.58. The business’s fifty day moving average price is $7.31 and its 200-day moving average price is $7.74. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.12 and a current ratio of 1.14. Corporacion America Airports has a twelve month low of $4.83 and a twelve month high of $9.84.
Corporacion America Airports (NYSE:CAAP) last issued its quarterly earnings results on Tuesday, May 21st. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of ($0.39) by $0.58. The company had revenue of $360.55 million for the quarter, compared to analyst estimates of $345.00 million. Corporacion America Airports had a net margin of 2.22% and a return on equity of 3.05%. Analysts predict that Corporacion America Airports will post -1.42 EPS for the current fiscal year.
About Corporacion America Airports
Corporación América Airports SA acquires, develops, and operates airport concessions. It operates 52 airports in Latin America, Europe, and Eurasia. The company was formerly knwona as A.C.I. Airports International S.à r.l. The company was founded in 1998 and is based in Luxembourg City, Luxembourg. Corporación América Airports SA is a subsidiary of A.C.I.
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