Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report)'s stock price was up 9.3% during mid-day trading on Friday . The stock traded as high as $278.95 and last traded at $282.66. Approximately 10,921 shares changed hands during trading, a decline of 78% from the average daily volume of 48,914 shares. The stock had previously closed at $258.49.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on ASR shares. StockNews.com downgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a "buy" rating to a "hold" rating in a research note on Thursday, November 21st. Jefferies Financial Group cut their target price on shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from $321.00 to $310.00 and set a "hold" rating on the stock in a research note on Wednesday, February 12th.
Check Out Our Latest Stock Analysis on ASR
Grupo Aeroportuario del Sureste, S. A. B. de C. V. Price Performance
The company has a quick ratio of 4.65, a current ratio of 4.65 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $8.58 billion, a price-to-earnings ratio of 10.78, a P/E/G ratio of 7.16 and a beta of 1.07. The stock's 50 day moving average price is $272.72 and its two-hundred day moving average price is $270.97.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) last posted its quarterly earnings results on Monday, February 24th. The transportation company reported $5.48 earnings per share for the quarter, missing analysts' consensus estimates of $5.54 by ($0.06). Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a return on equity of 26.25% and a net margin of 50.08%. The company had revenue of $449.41 million during the quarter, compared to analyst estimates of $408.15 million. Analysts anticipate that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 EPS for the current fiscal year.
Institutional Trading of Grupo Aeroportuario del Sureste, S. A. B. de C. V.
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Headlands Technologies LLC bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter worth about $61,000. Wells Fargo & Company MN increased its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 67.5% in the fourth quarter. Wells Fargo & Company MN now owns 345 shares of the transportation company's stock worth $89,000 after purchasing an additional 139 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 41.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 346 shares of the transportation company's stock worth $91,000 after purchasing an additional 101 shares during the period. Public Employees Retirement System of Ohio bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the third quarter worth about $112,000. Finally, Quantbot Technologies LP bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter valued at about $177,000. Institutional investors and hedge funds own 10.57% of the company's stock.
About Grupo Aeroportuario del Sureste, S. A. B. de C. V.
(
Get Free Report)
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.
Featured Articles
Before you consider Grupo Aeroportuario del Sureste, S. A. B. de C. V., you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Grupo Aeroportuario del Sureste, S. A. B. de C. V. wasn't on the list.
While Grupo Aeroportuario del Sureste, S. A. B. de C. V. currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
