Grupo Aeroportuario del Sureste
ASR

$269.29

2.79%

Market Cap: $8.08B

About: Grupo Aeroportuario del Sureste SAB de CV operates airports in southeast Mexico. The company's segments include Cancun; Aerostar; Airplan; Merida; Villahermosa; Holding and Services and other. It generates maximum revenue from the Cancun segment.

Employees: 1,882

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

225% more call options, than puts

Call options by funds: $689K | Put options by funds: $212K

58% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 12

5% more funds holding

Funds holding: 134 [Q1] → 141 (+7) [Q2]

0.11% less ownership

Funds ownership: 1.17% [Q1] → 1.07% (-0.11%) [Q2]

14% less capital invested

Capital invested by funds: $1.04B [Q1] → $890M (-$146M) [Q2]

19% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 54

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Research analyst outlook

We haven’t received any recent analyst ratings for ASR.

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Financial journalist opinion

ASUR Announces Total Passenger Traffic for August 2024

Passenger traffic increased year-on-year by 16.3% in Colombia and 1.6% in Puerto Rico, and declined 10.7% in Mexico MEXICO CITY , Sept. 5, 2024 /PRNewswire/ -- Grupo Aeroportuario del Sureste, S.A.B.

ASUR Announces Total Passenger Traffic for August 2024

ASUR Announces Total Passenger Traffic for July 2024

Passenger traffic increased year-on-year by 15.4% in Colombia and 10.5% in Puerto Rico, and declined 11.1% in Mexico MEXICO CITY , Aug. 5, 2024 /PRNewswire/ -- Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR), ASUR, a leading international airport group with operations in Mexico, the U.S. and Colombia, today announced that passenger traffic for July 2024 reached a total of 6.4 million passengers, representing a decrease of 1.7% compared to July 2023.

ASUR Announces Total Passenger Traffic for July 2024

The 3 Best Latin American Stocks to Buy Now

With the economies of Brazil and Mexico growing at solid rates and likely to continue doing so for some time, there are a sizeable number of high-quality Latin American stocks to buy now. Moreover, both economies are rapidly becoming more technologically advanced in general and adopting fintech in particular.

The 3 Best Latin American Stocks to Buy Now

Why Grupo Aeroportuario del Sureste Stock Is A Strong Buy

ASR reports lower revenues and EBITDA, but adjusted figures show stable margins and revenue growth in Mexico, San Juan, and Colombia. Negotiated maximum tariffs in effect have driven revenues in Mexico up despite lower traffic, leading to an 18% EBITDA growth. Stock price target for Grupo Aeroportuario del Sureste maintained at $430.64 with 39% upside, reflecting stable EBITDA estimates and improved free cash flow conversion.

Why Grupo Aeroportuario del Sureste Stock Is A Strong Buy

Grupo Aeroportuario Del Sureste: A Better Mix Of Risk, Growth, And Value Today

Grupo Aeroportuario del Sureste posted good Q2'24 earnings; while traffic was down in Mexico, aerospace revenue still grew 24% and per-passenger non-aero revenue continues to improve. Sureste faces less exposure to engine issues with major Mexican carriers and potential government policy changes, but macro risks to tourism are still present in the near-term. Concession operators saw a sell-off after the Mexican elections; while there are risks that the government will worsen the terms of concessions, they remain vital parts of the economy.

Grupo Aeroportuario Del Sureste: A Better Mix Of Risk, Growth, And Value Today

Grupo Aeroportuario del Sureste, S. A. B. de C.

Grupo Aeroportuario del Sureste, S. A. B. de C.

Grupo Aeroportuario del Sureste, S. A. B. de C.

ASUR ANNOUNCES 2Q24 RESULTS

Passenger Traffic Increased 2.8% YoY MEXICO CITY , July 23, 2024 /PRNewswire/ -- Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR) (ASUR), a leading international airport group with operations in Mexico, the U.S., and Colombia, today announced results for the three-and six-month periods ended June 30, 2024.

ASUR ANNOUNCES 2Q24 RESULTS

ASUR Announces Total Passenger Traffic for June 2024

Passenger traffic increased year-on-year by 24.5% in Colombia and 11.6% in Puerto Rico, and declined 5.5% in Mexico MEXICO CITY , July 8, 2024 /PRNewswire/ -- Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR), ASUR, a leading international airport group with operations in Mexico, the U.S. and Colombia, today announced that passenger traffic for June 2024 reached a total of 6.1 million passengers, representing an increase of 3.8% compared to June 2023.

ASUR Announces Total Passenger Traffic for June 2024

ASUR Announces Total Passenger Traffic for May 2024

Passenger traffic increased year-on-year by 20.2% in Colombia, 4.3% in Puerto Rico and declined 3.0% in Mexico MEXICO CITY , June 6, 2024 /PRNewswire/ -- Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR), ASUR, a leading international airport group with operations in Mexico, the U.S. and Colombia, today announced that passenger traffic for May 2024 reached a total of 5.8 million passengers, representing an increase of 3.0% compared to May 2023.

ASUR Announces Total Passenger Traffic for May 2024

Zacks Investment Research

ZTO vs. ASR: Which Stock Is the Better Value Option?

Investors looking for stocks in the Transportation - Services sector might want to consider either ZTO Express (Cayman) Inc. (ZTO) or Grupo Aeroportuario del Sureste (ASR). But which of these two stocks offers value investors a better bang for their buck right now?

ZTO vs. ASR: Which Stock Is the Better Value Option?

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