Grupo Aeroportuario del Sureste SAB de CV (ASR) Stock AnalysisASRStock AnalysisGrupo Aeroportuario del Sureste SAB de CV

Grupo Aeroportuario del Sureste SAB de CV (ASUR) is a Mexico-based holding company. It and its subsidiaries hold concessions to operate, maintain and develop approximately nine airports in the southeast region of Mexico, as well as over 10 airports in Colombia. The Company operates through segments, including Cancun airport and subsidiaries (Cancun), the Villahermosa Airport (Villahermosa), the Merida airport (Merida) and Services. The airports are located in Cancun, Cozumel, Merida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula and Minatitlan, Mexico, and in Medellin, Colombia, among others. Approximately eight Mexican and over 80 international airlines, including the United States-based airlines, such as American Airlines and United Air Lines are operating directly or through code-sharing arrangements in its airports. It provides airport security services at its airports through third-party contractors. It also provides firefighting, rescue and aircraft maintenance services. It operates in the Industrials sector (AIRPORTS, FLYING FIELDS, AND AIRPORT TERMINAL SERV industry).

Grupo Aeroportuario del Sureste (ASR) is currently not a strong buy due to its recent performance and mixed analyst outlook. The current price is $257.52, with a low RSI of 29.53 indicating oversold conditions, but the forward P/E ratio of 11.33 suggests potential value. However, the significant year-to-date change of -20.45% raises concerns about ongoing weakness in passenger traffic, particularly a 5.8% decline in June, which could pressure future revenues. The main risk is the earnings miss in Q2, where EPS was $4.38 against an estimate of $4.92, reflecting profitability pressure.

8 analysts cover ASR: 0 rate it Buy, 5 Hold and 3 Sell. The average price target is 332.50.