Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC) Receives Consensus Rating of “Hold” from Brokerages

Shares of Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC) have earned a consensus rating of “Hold” from the ten research firms that are currently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $77.60.

A number of analysts have commented on the stock. Bank of America lowered shares of Grupo Aeroportr dl Pcfco SAB de CV from a “buy” rating to a “neutral” rating and set a $90.20 price target for the company. in a research note on Wednesday, June 10th. Citigroup raised shares of Grupo Aeroportr dl Pcfco SAB de CV from a “sell” rating to a “neutral” rating in a report on Monday, March 30th. ValuEngine raised shares of Grupo Aeroportr dl Pcfco SAB de CV from a “sell” rating to a “hold” rating in a report on Friday, May 1st. Barclays downgraded shares of Grupo Aeroportr dl Pcfco SAB de CV from an “overweight” rating to an “equal weight” rating in a report on Tuesday, March 31st. Finally, Goldman Sachs Group raised shares of Grupo Aeroportr dl Pcfco SAB de CV from a “sell” rating to a “buy” rating in a report on Wednesday, April 8th.

PAC stock traded up $1.97 during midday trading on Thursday, reaching $71.22. 52,200 shares of the company’s stock traded hands, compared to its average volume of 125,945. The company has a market cap of $3.88 billion, a price-to-earnings ratio of 13.26, a P/E/G ratio of 5.52 and a beta of 1.25. The firm’s fifty day moving average price is $67.96 and its 200-day moving average price is $89.86. The company has a quick ratio of 5.27, a current ratio of 5.27 and a debt-to-equity ratio of 0.88. Grupo Aeroportr dl Pcfco SAB de CV has a 52 week low of $44.28 and a 52 week high of $135.31.

Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC) last announced its quarterly earnings results on Wednesday, April 29th. The transportation company reported $1.63 EPS for the quarter. The business had revenue of $250.63 million during the quarter. Grupo Aeroportr dl Pcfco SAB de CV had a net margin of 33.48% and a return on equity of 28.30%. Analysts forecast that Grupo Aeroportr dl Pcfco SAB de CV will post 2.62 earnings per share for the current year.

Several large investors have recently modified their holdings of PAC. Citigroup Inc. lifted its holdings in Grupo Aeroportr dl Pcfco SAB de CV by 168.9% during the fourth quarter. Citigroup Inc. now owns 277 shares of the transportation company’s stock valued at $33,000 after purchasing an additional 174 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in Grupo Aeroportr dl Pcfco SAB de CV by 1.8% during the first quarter. Baird Financial Group Inc. now owns 13,588 shares of the transportation company’s stock valued at $733,000 after purchasing an additional 245 shares during the last quarter. Total Clarity Wealth Management Inc. purchased a new stake in Grupo Aeroportr dl Pcfco SAB de CV during the fourth quarter valued at about $47,000. Wealth Quarterback LLC purchased a new stake in Grupo Aeroportr dl Pcfco SAB de CV during the fourth quarter valued at about $68,000. Finally, Gilman Hill Asset Management LLC lifted its holdings in Grupo Aeroportr dl Pcfco SAB de CV by 2.9% during the first quarter. Gilman Hill Asset Management LLC now owns 22,420 shares of the transportation company’s stock valued at $1,209,000 after purchasing an additional 635 shares during the last quarter. 11.04% of the stock is currently owned by institutional investors.

About Grupo Aeroportr dl Pcfco SAB de CV

Grupo Aeroportuario del Pacífico, SAB. de C.V. operates airports primarily in Mexico's Pacific region. It has 12 airports in Guadalajara, Puerto Vallarta, Tijuana, San Jose del Cabo, Guanajuato (Bajío), Hermosillo, Mexicali, Los Mochis, La Paz, Manzanillo, Morelia, and Aguascalientes, as well as 1 international airport in Jamaica.

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Analyst Recommendations for Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC)

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