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

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

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a report on Wednesday, June 3rd.

Grupo Aeroportuario Del Pacifico Stock Performance

Shares of PAC stock opened at $252.55 on Wednesday. Grupo Aeroportuario Del Pacifico has a 12 month low of $206.91 and a 12 month high of $300.41. The stock has a market cap of $12.76 billion, a PE ratio of 22.63, a price-to-earnings-growth ratio of 0.91 and a beta of 0.94. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 1.90. The company’s fifty day moving average price is $245.60 and its 200-day moving average price is $255.53.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last announced its earnings results on Tuesday, March 31st. The transportation company reported $3.72 EPS for the quarter. Grupo Aeroportuario Del Pacifico had a net margin of 25.04% and a return on equity of 43.12%. The firm had revenue of $635.54 million for the quarter. On average, equities analysts expect that Grupo Aeroportuario Del Pacifico will post 12.64 EPS for the current fiscal year.

Hedge Funds Weigh In On Grupo Aeroportuario Del Pacifico

Hedge funds have recently bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its stake in 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 purchasing an additional 65 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new position in Grupo Aeroportuario Del Pacifico in the 3rd quarter worth about $43,000. Kestra Advisory Services LLC bought a new position in Grupo Aeroportuario Del Pacifico in the 4th quarter worth about $54,000. Allworth Financial LP boosted its stake in Grupo Aeroportuario Del Pacifico by 92.0% in the 4th quarter. Allworth Financial LP now owns 311 shares of the transportation company’s stock worth $82,000 after purchasing an additional 149 shares in the last quarter. Finally, Van ECK Associates Corp boosted its stake in Grupo Aeroportuario Del Pacifico by 20.6% in the 3rd quarter. Van ECK Associates Corp now owns 334 shares of the transportation company’s stock worth $79,000 after purchasing an additional 57 shares in the last quarter. Institutional investors own 11.73% of the company’s stock.

Grupo Aeroportuario Del Pacifico Company Profile

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.