Grupo Aeroportuario dl Srst SAB CV (ASR) Upgraded to “Sell” at ValuEngine

ValuEngine upgraded shares of Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR) from a strong sell rating to a sell rating in a research note released on Thursday.

ASR has been the topic of several other reports. Zacks Investment Research upgraded Grupo Aeroportuario dl Srst SAB CV from a sell rating to a hold rating in a research note on Friday, October 5th. Bank of America downgraded Grupo Aeroportuario dl Srst SAB CV from a buy rating to a neutral rating in a research note on Tuesday, October 30th. Morgan Stanley downgraded Grupo Aeroportuario dl Srst SAB CV from an equal weight rating to an underweight rating and set a $187.00 target price on the stock. in a research note on Thursday, October 4th. JPMorgan Chase & Co. raised Grupo Aeroportuario dl Srst SAB CV from a neutral rating to an overweight rating in a report on Thursday, November 1st. Finally, UBS Group assumed coverage on Grupo Aeroportuario dl Srst SAB CV in a report on Monday, August 27th. They issued a buy rating for the company. Four equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the stock. Grupo Aeroportuario dl Srst SAB CV has an average rating of Hold and an average price target of $199.33.

NYSE:ASR traded up $2.75 during mid-day trading on Thursday, reaching $141.60. 3,125 shares of the stock were exchanged, compared to its average volume of 55,547. The company has a market capitalization of $3.77 billion, a PE ratio of 14.35, a P/E/G ratio of 3.81 and a beta of 0.78. The company has a quick ratio of 2.87, a current ratio of 2.87 and a debt-to-equity ratio of 0.44. Grupo Aeroportuario dl Srst SAB CV has a 1 year low of $127.95 and a 1 year high of $212.70.

Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR) last released its quarterly earnings results on Tuesday, October 23rd. The transportation company reported $1.76 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.84 by ($0.08). The firm had revenue of $194.28 million for the quarter, compared to analysts’ expectations of $206.95 million. Grupo Aeroportuario dl Srst SAB CV had a return on equity of 16.78% and a net margin of 37.80%. As a group, sell-side analysts anticipate that Grupo Aeroportuario dl Srst SAB CV will post 8.12 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently bought and sold shares of ASR. Hexavest Inc. acquired a new position in Grupo Aeroportuario dl Srst SAB CV during the third quarter worth $117,000. Hsbc Holdings PLC acquired a new position in shares of Grupo Aeroportuario dl Srst SAB CV in the third quarter worth $215,000. Wetherby Asset Management Inc. acquired a new position in shares of Grupo Aeroportuario dl Srst SAB CV in the third quarter worth $246,000. Blair William & Co. IL acquired a new position in shares of Grupo Aeroportuario dl Srst SAB CV in the third quarter worth $283,000. Finally, Capital Fund Management S.A. acquired a new position in shares of Grupo Aeroportuario dl Srst SAB CV in the second quarter worth $446,000. 20.47% of the stock is owned by institutional investors and hedge funds.

Grupo Aeroportuario dl Srst SAB CV Company Profile

Grupo Aeroportuario del Sureste, S. A. B. de C. V. holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. It operates nine airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlan. The company provides aeronautical services, which include passenger, aircraft landing and parking, passenger walkway, and airport security services.

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Analyst Recommendations for Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR)

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