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

Shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) have earned a consensus rating of “Hold” from the six ratings firms that are covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company.

Several analysts have issued reports on PAC shares. Bank of America raised shares of Grupo Aeroportuario Del Pacifico from an “underperform” rating to a “buy” rating in a research report on Thursday, December 11th. Zacks Research raised shares of Grupo Aeroportuario Del Pacifico from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. Scotiabank restated a “sector perform” rating on shares of Grupo Aeroportuario Del Pacifico in a research note on Thursday, December 4th. Citigroup reaffirmed a “neutral” rating on shares of Grupo Aeroportuario Del Pacifico in a report on Thursday, January 15th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a report on Thursday, January 22nd.

Grupo Aeroportuario Del Pacifico Price Performance

Shares of PAC opened at $224.91 on Monday. The stock has a market capitalization of $11.36 billion, a P/E ratio of 21.94, a P/E/G ratio of 1.30 and a beta of 1.01. Grupo Aeroportuario Del Pacifico has a twelve month low of $168.62 and a twelve month high of $300.41. The company has a 50 day moving average of $268.83 and a 200-day moving average of $248.62. The company has a quick ratio of 2.01, a current ratio of 0.91 and a debt-to-equity ratio of 2.21.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last posted its quarterly earnings data on Tuesday, February 24th. The transportation company reported $1.97 EPS for the quarter, missing analysts’ consensus estimates of $3.08 by ($1.11). Grupo Aeroportuario Del Pacifico had a return on equity of 41.85% and a net margin of 24.06%.The business had revenue of $549.01 million for the quarter, compared to analyst estimates of $613.30 million. As a group, equities research analysts forecast that Grupo Aeroportuario Del Pacifico will post 10 EPS for the current fiscal year.

Institutional Trading of Grupo Aeroportuario Del Pacifico

A number of hedge funds have recently made changes to their positions in PAC. Compound Planning Inc. increased its holdings in shares of Grupo Aeroportuario Del Pacifico by 3.3% during the 4th quarter. Compound Planning Inc. now owns 1,524 shares of the transportation company’s stock worth $402,000 after acquiring an additional 49 shares during the last quarter. Allworth Financial LP lifted its holdings in Grupo Aeroportuario Del Pacifico by 48.1% during the 2nd quarter. Allworth Financial LP now owns 154 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 50 shares during the last quarter. Van ECK Associates Corp lifted its holdings in Grupo Aeroportuario Del Pacifico by 20.6% during the 3rd quarter. Van ECK Associates Corp now owns 334 shares of the transportation company’s stock valued at $79,000 after purchasing an additional 57 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in Grupo Aeroportuario Del Pacifico by 65.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 164 shares of the transportation company’s stock worth $43,000 after purchasing an additional 65 shares during the period. Finally, ProShare Advisors LLC boosted its position in Grupo Aeroportuario Del Pacifico by 1.8% during the third quarter. ProShare Advisors LLC now owns 4,399 shares of the transportation company’s stock worth $1,043,000 after purchasing an additional 78 shares during the period. 11.73% of the stock is owned by institutional investors and hedge funds.

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.