Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) Receives Average Rating of “Hold” from Analysts

Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) has been given a consensus rating of “Hold” by the six research firms that are currently covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company.

A number of brokerages have commented on PAC. Zacks Research upgraded shares of Grupo Aeroportuario Del Pacifico from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Scotiabank restated a “sector perform” rating on shares of Grupo Aeroportuario Del Pacifico in a report on Thursday, December 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a research report on Thursday, January 22nd. Citigroup reiterated a “neutral” rating on shares of Grupo Aeroportuario Del Pacifico in a research note on Thursday, January 15th. Finally, Bank of America raised shares of Grupo Aeroportuario Del Pacifico from an “underperform” rating to a “buy” rating in a research report on Thursday, December 11th.

Institutional Trading of Grupo Aeroportuario Del Pacifico

Several hedge funds and other institutional investors have recently made changes to their positions in PAC. Allworth Financial LP grew its stake in Grupo Aeroportuario Del Pacifico by 48.1% during the 2nd quarter. Allworth Financial LP now owns 154 shares of the transportation company’s stock worth $35,000 after buying an additional 50 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in Grupo Aeroportuario Del Pacifico by 65.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 164 shares of the transportation company’s stock valued at $43,000 after buying an additional 65 shares during the last quarter. Measured Wealth Private Client Group LLC acquired a new stake in Grupo Aeroportuario Del Pacifico in the third quarter worth about $43,000. Kestra Advisory Services LLC acquired a new stake in Grupo Aeroportuario Del Pacifico in the fourth quarter worth about $54,000. Finally, Van ECK Associates Corp grew its stake in shares of Grupo Aeroportuario Del Pacifico by 20.6% during the third quarter. Van ECK Associates Corp now owns 334 shares of the transportation company’s stock worth $79,000 after acquiring an additional 57 shares during the last quarter. Hedge funds and other institutional investors own 11.73% of the company’s stock.

Grupo Aeroportuario Del Pacifico Trading Up 0.2%

Shares of NYSE:PAC opened at $232.86 on Monday. The company has a market capitalization of $11.77 billion, a PE ratio of 22.72, a P/E/G ratio of 1.35 and a beta of 1.01. The company has a current ratio of 0.91, a quick ratio of 2.01 and a debt-to-equity ratio of 2.21. Grupo Aeroportuario Del Pacifico has a 12-month low of $168.62 and a 12-month high of $300.41. The business’s fifty day simple moving average is $266.81 and its 200-day simple moving average is $248.35.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last issued its quarterly earnings data on Tuesday, February 24th. The transportation company reported $1.97 earnings per share for the quarter, missing analysts’ consensus estimates of $3.08 by ($1.11). Grupo Aeroportuario Del Pacifico had a return on equity of 41.85% and a net margin of 24.06%.The company had revenue of $549.01 million for the quarter, compared to analysts’ expectations of $613.30 million. As a group, equities research analysts predict that Grupo Aeroportuario Del Pacifico will post 10 earnings per share for the current fiscal year.

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.