Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Upgraded at StockNews.com

Posted by Matthew Jenks on Sep 7th, 2024

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR – Get Free Report) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Thursday.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Performance

Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. stock opened at $258.10 on Thursday. The company has a market capitalization of $7.74 billion, a PE ratio of 12.20, a P/E/G ratio of 2.20 and a beta of 1.12. The company has a 50-day simple moving average of $288.30 and a two-hundred day simple moving average of $308.21. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a one year low of $165.00 and a one year high of $357.90. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.97 and a current ratio of 3.97.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR – Get Free Report) last issued its quarterly earnings data on Tuesday, July 23rd. The transportation company reported $9.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.64 by $3.96. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 49.57% and a return on equity of 25.99%. The firm had revenue of $357.51 million for the quarter. Research analysts expect that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 22.89 EPS for the current fiscal year.

Institutional Trading of Grupo Aeroportuario del Sureste, S. A. B. de C. V.

Institutional investors have recently bought and sold shares of the stock. CWM LLC increased its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 227.8% during the 4th quarter. CWM LLC now owns 118 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 82 shares in the last quarter. Parallel Advisors LLC grew its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% during the fourth quarter. Parallel Advisors LLC now owns 221 shares of the transportation company’s stock valued at $65,000 after buying an additional 119 shares during the last quarter. Blue Trust Inc. increased its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 64.7% in the 2nd quarter. Blue Trust Inc. now owns 313 shares of the transportation company’s stock valued at $100,000 after acquiring an additional 123 shares during the period. Ballentine Partners LLC purchased a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 1st quarter worth $249,000. Finally, Sequoia Financial Advisors LLC lifted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 12.0% during the 1st quarter. Sequoia Financial Advisors LLC now owns 813 shares of the transportation company’s stock worth $259,000 after acquiring an additional 87 shares during the period. 10.57% of the stock is currently owned by institutional investors and hedge funds.

About Grupo Aeroportuario del Sureste, S. A. B. de C. V.

(Get Free Report)

Grupo Aeroportuario del Sureste, S. A. B. de C. V. holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. The company operates airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlán.