Corporacion America Airports (NYSE:CAAP) Upgraded at Wall Street Zen

Corporacion America Airports (NYSE:CAAP) was upgraded by stock analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Saturday.

Other research analysts also recently issued reports about the company. Zacks Research downgraded Corporacion America Airports from a “hold” rating to a “strong sell” rating in a research note on Monday, January 26th. Jefferies Financial Group reaffirmed a “buy” rating and set a $31.00 target price on shares of Corporacion America Airports in a research report on Wednesday, January 21st. The Goldman Sachs Group increased their price target on Corporacion America Airports from $25.10 to $28.50 and gave the company a “neutral” rating in a report on Thursday, January 29th. JPMorgan Chase & Co. boosted their price objective on shares of Corporacion America Airports from $24.50 to $27.00 and gave the stock an “overweight” rating in a research note on Friday, January 16th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Corporacion America Airports in a report on Monday, December 29th. Six equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $26.60.

Corporacion America Airports Trading Down 4.3%

Corporacion America Airports stock opened at $24.33 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.35 and a quick ratio of 1.51. The company has a market capitalization of $3.97 billion, a price-to-earnings ratio of 15.80, a PEG ratio of 0.63 and a beta of 0.77. Corporacion America Airports has a one year low of $15.01 and a one year high of $30.50. The company’s fifty day moving average price is $27.48 and its two-hundred day moving average price is $23.96.

Corporacion America Airports (NYSE:CAAP) last announced its quarterly earnings results on Friday, March 6th. The company reported $404.99 earnings per share for the quarter. The company had revenue of ($36.63) million during the quarter. Corporacion America Airports had a return on equity of 15.93% and a net margin of 12.59%. On average, analysts forecast that Corporacion America Airports will post 0.95 earnings per share for the current fiscal year.

Institutional Trading of Corporacion America Airports

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CAAP. Aberdeen Group plc boosted its position in shares of Corporacion America Airports by 5.2% in the third quarter. Aberdeen Group plc now owns 443,608 shares of the company’s stock valued at $8,167,000 after acquiring an additional 21,908 shares during the period. Inceptionr LLC acquired a new stake in shares of Corporacion America Airports in the second quarter worth $215,000. Altrinsic Global Advisors LLC bought a new position in Corporacion America Airports during the third quarter worth $649,000. GSA Capital Partners LLP increased its position in Corporacion America Airports by 160.5% during the third quarter. GSA Capital Partners LLP now owns 55,417 shares of the company’s stock worth $1,004,000 after acquiring an additional 34,143 shares during the period. Finally, Dynamic Technology Lab Private Ltd acquired a new position in Corporacion America Airports during the 3rd quarter valued at $625,000. Institutional investors and hedge funds own 12.95% of the company’s stock.

About Corporacion America Airports

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.