Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) Given Average Rating of “Moderate Buy” by Analysts

Shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) have been given a consensus rating of “Moderate Buy” by the six research firms that are presently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company.

PAC has been the topic of several analyst reports. Citigroup raised shares of Grupo Aeroportuario Del Pacifico from a “neutral” rating to a “buy” rating in a report on Monday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a report on Wednesday, June 3rd.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC raised its holdings in shares of Grupo Aeroportuario Del Pacifico by 65.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 164 shares of the transportation company’s stock worth $43,000 after buying an additional 65 shares in the last quarter. Measured Wealth Private Client Group LLC acquired a new stake in Grupo Aeroportuario Del Pacifico in the 3rd quarter valued at $43,000. Kestra Advisory Services LLC acquired a new stake in Grupo Aeroportuario Del Pacifico in the 4th quarter valued at $54,000. Allworth Financial LP grew its position in Grupo Aeroportuario Del Pacifico by 92.0% in the fourth quarter. Allworth Financial LP now owns 311 shares of the transportation company’s stock valued at $82,000 after acquiring an additional 149 shares during the period. Finally, Van ECK Associates Corp grew its position in Grupo Aeroportuario Del Pacifico by 20.6% in the third quarter. Van ECK Associates Corp now owns 334 shares of the transportation company’s stock valued at $79,000 after acquiring an additional 57 shares during the period. Institutional investors own 11.73% of the company’s stock.

Grupo Aeroportuario Del Pacifico Price Performance

Shares of PAC stock opened at $215.20 on Friday. Grupo Aeroportuario Del Pacifico has a 12 month low of $206.91 and a 12 month high of $300.41. The company has a market capitalization of $10.87 billion, a P/E ratio of 19.11, a P/E/G ratio of 1.45 and a beta of 0.93. The stock has a 50 day moving average of $239.04 and a two-hundred day moving average of $251.77. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.95.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last released its quarterly earnings data on Tuesday, July 14th. The transportation company reported $2.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.10 by ($0.30). The firm had revenue of $645.23 million for the quarter, compared to the consensus estimate of $732.26 million. Grupo Aeroportuario Del Pacifico had a net margin of 25.36% and a return on equity of 32.44%. As a group, equities analysts expect that Grupo Aeroportuario Del Pacifico will post 11.71 EPS for the current year.

About Grupo Aeroportuario Del Pacifico

Grupo Aeroportuario del Pacífico, SAB. de C.V. (NYSE:PAC), commonly known as GAP, is a leading airport operator in Mexico. Established in 1998 as part of the federal government’s airport privatization program, GAP holds long‐term concession agreements—typically 50 years—to manage, develop and operate airports under a public–private partnership model. Through these concessions, the company undertakes terminal expansions, runway maintenance and the modernization of navigation and security systems.

The company’s portfolio comprises 12 airports across Mexico’s Pacific and western regions, including major hubs such as Guadalajara, Tijuana, Los Cabos, Puerto Vallarta and Mazatlán, as well as regional facilities in Aguascalientes, Morelia and La Paz.