Analysts Set Corporacion America Airports S.A. (NYSE:CAAP) PT at $26.60

Corporacion America Airports S.A. (NYSE:CAAP) has been assigned an average rating of “Moderate Buy” from the eight ratings firms that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $26.60.

Several research analysts have recently commented on CAAP shares. JPMorgan Chase & Co. boosted their price objective on Corporacion America Airports from $24.50 to $27.00 and gave the stock an “overweight” rating in a report on Friday, January 16th. Jefferies Financial Group reaffirmed a “buy” rating and set a $31.00 price objective on shares of Corporacion America Airports in a report on Wednesday, January 21st. The Goldman Sachs Group lifted their price objective on shares of Corporacion America Airports from $25.10 to $28.50 and gave the stock a “neutral” rating in a report on Thursday, January 29th. Zacks Research downgraded shares of Corporacion America Airports from a “hold” rating to a “strong sell” rating in a report on Monday, January 26th. Finally, Wall Street Zen raised shares of Corporacion America Airports from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 21st.

Hedge Funds Weigh In On Corporacion America Airports

Large investors have recently modified their holdings of the company. Leonteq Securities AG purchased a new position in shares of Corporacion America Airports during the 4th quarter valued at about $65,000. Van ECK Associates Corp raised its holdings in shares of Corporacion America Airports by 119.4% during the 4th quarter. Van ECK Associates Corp now owns 2,808 shares of the company’s stock valued at $73,000 after buying an additional 1,528 shares in the last quarter. Aquatic Capital Management LLC purchased a new position in shares of Corporacion America Airports during the 3rd quarter valued at about $88,000. Quarry LP bought a new position in shares of Corporacion America Airports during the 3rd quarter valued at $108,000. Finally, Federation des caisses Desjardins du Quebec grew its holdings in shares of Corporacion America Airports by 15.0% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 5,980 shares of the company’s stock valued at $155,000 after purchasing an additional 782 shares during the last quarter. 12.95% of the stock is owned by hedge funds and other institutional investors.

Corporacion America Airports Stock Up 0.3%

Shares of NYSE CAAP opened at $27.16 on Wednesday. Corporacion America Airports has a 12 month low of $16.62 and a 12 month high of $30.50. The company has a current ratio of 1.35, a quick ratio of 1.33 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $4.43 billion, a price-to-earnings ratio of 17.63, a PEG ratio of 0.67 and a beta of 0.81. The business has a 50-day moving average of $26.91 and a 200-day moving average of $24.59.

Corporacion America Airports (NYSE:CAAP) last issued its quarterly earnings data on Friday, March 6th. The company reported $404.99 EPS for the quarter. Corporacion America Airports had a return on equity of 15.93% and a net margin of 12.59%.The company had revenue of $562.61 million during the quarter. Sell-side analysts expect that Corporacion America Airports will post 0.95 earnings per share for the current fiscal year.

Corporacion America Airports Company Profile

Corporación América Airports SA operates as a global airport infrastructure and services company, specializing in the development, acquisition and management of airport concessions. Headquartered in Buenos Aires, Argentina, the firm oversees long-term agreements that cover the planning, design, financing and ongoing operation of airport facilities. Its integrated approach aims to enhance operational efficiency and passenger experience through modernized terminals and streamlined processes.

The company’s core activities encompass passenger handling, cargo operations and ancillary services such as retail concessions, food and beverage outlets, ground handling, fueling and airport parking.