Corporacion America Airports (NYSE:CAAP) posted its quarterly earnings data on Friday. The company reported $0.31 EPS for the quarter, topping the consensus estimate of ($0.19) by $0.50, Morningstar.com reports. Corporacion America Airports had a net margin of 2.22% and a return on equity of 3.05%. The business had revenue of $412.56 million for the quarter, compared to analyst estimates of $366.20 million.
NYSE:CAAP opened at $5.75 on Friday. Corporacion America Airports has a one year low of $4.83 and a one year high of $9.84. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.14 and a quick ratio of 1.12. The company’s 50-day simple moving average is $7.21 and its 200 day simple moving average is $7.71. The firm has a market capitalization of $931.33 million, a P/E ratio of 27.71 and a beta of 1.58.
Several equities research analysts recently commented on the stock. ValuEngine raised shares of Corporacion America Airports from a “hold” rating to a “buy” rating in a research note on Thursday, August 1st. Zacks Investment Research raised shares of Corporacion America Airports from a “hold” rating to a “buy” rating and set a $6.25 price objective on the stock in a research note on Thursday. Five investment analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and a consensus target price of $10.75.
Corporacion America Airports Company Profile
Corporación América Airports SA acquires, develops, and operates airport concessions. It operates 52 airports in Latin America, Europe, and Eurasia. The company was formerly knwona as A.C.I. Airports International S.à r.l. The company was founded in 1998 and is based in Luxembourg City, Luxembourg. Corporación América Airports SA is a subsidiary of A.C.I.
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