ASR Stock Summary and Trading Ideas (Grupo Aeroportuario Del Sureste S.A. De C.V. | NYSE:ASR)

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.

Grupo Aeroportuario Del Sureste S.A. De C.V. trades on the NYSE stock market under the symbol ASR.

As of April 18, 2024, ASR stock price climbed to $307.14 with 27,689 million shares trading.

ASR has a beta of 1.28, meaning it tends to be more sensitive to market movements. ASR has a correlation of 0.16 to the broad based SPY ETF.

ASR has a market cap of $9.21 billion. This is considered a Mid Cap stock.

Last quarter Grupo Aeroportuario Del Sureste S.A. De C.V. reported $392 million in Revenue and $5.00 earnings per share. This beat revenue expectation by $40 million and missed earnings estimates by -$.04.

In the last 3 years, ASR stock traded as high as $334.13 and as low as $165.00.

The top ETF exchange traded funds that ASR belongs to (by Net Assets): IGF, GII, JETS, AVEM, DFAE.

ASR has underperformed the market in the last year with a price return of +7.4% while the SPY ETF gained +22.2%. However, in the short term, ASR had mixed performance relative to the market. It has outperformed in the last 3 months, returning +12.5% vs +5.2% return in SPY. But in the last 2 weeks, ASR shares have been beat by the market, returning -6.9% compared to an SPY return of -2.6%.

ASR support price is $298.88 and resistance is $308.60 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ASR stock will trade within this expected range on the day.