From what 4 stock analysts predict, the share price for Corp America Airports SA (CAAP) might increase by 10.08% in the next year. This is based on a 12-month average estimation for CAAP. Price targets go from $17.8 to $23. The majority of stock analysts believe CAAP is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Corp America Airports SA has a total of 4 Wall St Analyst ratings. There are 4 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Corp America Airports SA will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of CAAP.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Stephen Trent Citigroup | Buy | $21.5 | Maintains | Jun 3, 2024 |
Stephen Trent Citigroup | Buy | $21 | Upgrade | Jan 9, 2024 |
Bruno Amorim Goldman Sachs | Neutral | $16.8 | Maintains | Sep 1, 2023 |
Bruno Amorim Goldman Sachs | Neutral | $8.8 | Maintains | Jun 2, 2023 |
Bruno Amorim Goldman Sachs | Neutral | $7.7 | Maintains | Apr 5, 2023 |
Bruno Amorim Goldman Sachs | Neutral | $6.8 | Maintains | Dec 6, 2022 |
Bruno Amorim Goldman Sachs | Neutral | Downgrade | Apr 9, 2020 | |
Oppenheimer | Perform | Downgrade | Nov 22, 2019 | |
Bank of America | Buy | Maintains | Sep 10, 2018 | |
Roberto Otero B of A Securities | Buy | $14 | Maintains | Sep 10, 2018 |
Bank of America | Buy | Initiates | Feb 26, 2018 | |
Oppenheimer | Outperform | Initiates | Feb 26, 2018 | |
B of A Securities | Buy | Initiates | Feb 26, 2018 |
When did it IPO
2018
Staff Count
6,100
Country
Luxembourg
Sector/Industry
Industrials/Airports & Air Services
CEO
Mr. Martin Francisco Antranik Eurnekian Bonnarens
Market Cap
$2.88B
In 2023, CAAP generated $1.40B in revenue, which was a increase of 1.55% from the previous year. This can be seen as a signal that CAAP's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Corporaciรณn Amรฉrica Airports (CAAP) announced that Argentina's ORSNA approved a domestic passenger fee increase from ARS2,540 to ARS5,685 for its subsidiary AA2000 airports.
Why It Matters - The fee increase for domestic passengers at Aeropuertos Argentina 2000 can enhance revenue for Corporaciรณn Amรฉrica Airports, potentially boosting profitability and positively impacting stock performance.
Summary - Corporaciรณn Amรฉrica Airports (NYSE: CAAP) reported a 3.8% YoY decline in passenger traffic for August 2024, with a 1.5% decrease when excluding Natal.
Why It Matters - A 3.8% decline in passenger traffic signals potential revenue challenges for Corporaciรณn Amรฉrica Airports, affecting overall financial performance and investor sentiment.
Summary - Corporacion America (NYSE: CAAP) reported Q2 2024 earnings per share of 31 cents.
Why It Matters - Corporacion America's Q2 2024 earnings per share of 31 cents provides insight into its financial health, potentially influencing stock performance and investor confidence.
Summary - Corporaciรณn Amรฉrica Airports S.A. (NYSE: CAAP) will hold its Q2 2024 earnings conference call on August 22, 2024, at 9:00 AM ET, featuring key executives and analysts.
Why It Matters - The earnings call indicates upcoming insights into Corporaciรณn Amรฉrica Airports' performance, impacting stock valuation and investor sentiment. Key financial metrics and guidance will be discussed.
Summary - Corporaciรณn Amรฉrica Airports S.A. (NYSE: CAAP) reported its unaudited financial results for Q2 and H1 2024, adhering to IFRS standards. Results are in millions of USD.
Why It Matters - CAAP's financial results provide insights into its performance and growth trajectory, impacting investor sentiment and potential stock valuation. Tracking these results is key for investment decisions.
Summary - Corporaciรณn Amรฉrica Airports S.A. reported a 4.2% YoY decline in passenger traffic for July 2024. Excluding Natal, the decrease was 1.8% YoY.
Why It Matters - A 4.2% decline in passenger traffic for Corporaciรณn Amรฉrica Airports raises concerns about revenue growth and market demand, potentially impacting stock performance and investor confidence.