Corporacion America Airports S.A (NYSE: CAAP) is -2.30% lower on its value in year-to-date trading and has touched a low of $13.97 and a high of $20.79 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CAAP stock was last observed hovering at around $18.28 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $18.23, the stock is 1.52% and -0.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.11 million and changing -0.27% at the moment leaves the stock 1.63% off its SMA200. CAAP registered 9.16% gain for a year compared to 6-month loss of -0.27%. The firm has a 50-day simple moving average (SMA 50) of $18.3424 and a 200-day simple moving average (SMA200) of $17.93815.
The stock witnessed a 1.73% gain in the last 1 month and extending the period to 3 months gives it a -1.67%, and is 8.90% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.65% over the week and 5.49% over the month.
Corporacion America Airports S.A (CAAP) has around 6100 employees, a market worth around $2.94B and $1.78B in sales. Current P/E ratio is 11.50 and Fwd P/E is 7.37. Profit margin for the company is 14.31%. Distance from 52-week low is 30.54% and -12.31% from its 52-week high. The company has generated returns on investments over the last 12 months (10.56%).
The EPS is expected to grow by 6.59% this year, but quarterly earnings will post -0.11% year-over-year.
92.0 institutions hold shares in Corporacion America Airports S.A (CAAP), with institutional investors hold 81.13% of the company’s shares. The shares outstanding are 161.09M, and float is at 29.54M with Short Float at 5.07%. Institutions hold 14.88% of the Float.
The top institutional shareholder in the company is HELIKON INVESTMENTS LTD with over 7.39 million shares valued at $122.9 million. The investor’s holdings represent 4.5585 of the CAAP Shares outstanding. As of 2024-06-30, the second largest holder is GOLDMAN SACHS GROUP INC with 6.96 million shares valued at $115.79 million to account for 4.2949 of the shares outstanding. The other top investors are FOURTH SAIL CAPITAL LP which holds 1.31 million shares representing 0.8113 and valued at over $21.87 million, while CITIGROUP INC holds 0.6444 of the shares totaling 1.04 million with a market value of $17.37 million.
