Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
Shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB – Get Rating) have been assigned a consensus recommendation of «Hold» from the seven ratings firms that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $64.50.
Several research firms have recently weighed in on OMAB. JPMorgan Chase & Co. cut Grupo Aeroportuario del Centro Norte from an «overweight» rating to a «neutral» rating in a research report on Monday, November 21st. UBS Group downgraded Grupo Aeroportuario del Centro Norte from a «buy» rating to a «neutral» rating in a research report on Monday, November 21st. The Goldman Sachs Group lifted their price objective on shares of Grupo Aeroportuario del Centro Norte from $55.00 to $64.00 and gave the company a «buy» rating in a report on Tuesday, November 1st. Citigroup lowered shares of Grupo Aeroportuario del Centro Norte from a «neutral» rating to a «sell» rating and set a $58.00 price objective on the stock. in a research report on Wednesday, December 14th. Finally, StockNews.com initiated coverage on shares of Grupo Aeroportuario del Centro Norte in a research report on Wednesday, October 12th. They issued a «hold» rating for the company.
Grupo Aeroportuario del Centro Norte Stock Down 2.7 %
Grupo Aeroportuario del Centro Norte stock opened at $61.84 on Friday. The company has a 50 day moving average of $66.12 and a 200-day moving average of $57.52. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.04. Grupo Aeroportuario del Centro Norte has a twelve month low of $46.53 and a twelve month high of $71.86. The stock has a market capitalization of $2.63 billion, a PE ratio of 15.90, a price-to-earnings-growth ratio of 5.96 and a beta of 1.26.
Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB – Get Rating) last posted its quarterly earnings data on Friday, October 28th. The transportation company reported $1.13 EPS for the quarter, beating the consensus estimate of $1.12 by $0.01. The business had revenue of $155.51 million for the quarter. Grupo Aeroportuario del Centro Norte had a net margin of 34.53% and a return on equity of 46.33%. On average, equities research analysts anticipate that Grupo Aeroportuario del Centro Norte will post 3.62 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in OMAB. Bank of New York Mellon Corp boosted its stake in shares of Grupo Aeroportuario del Centro Norte by 8.8% in the 1st quarter. Bank of New York Mellon Corp now owns 20,985 shares of the transportation company’s stock valued at $1,253,000 after purchasing an additional 1,703 shares in the last quarter. Great West Life Assurance Co. Can boosted its position in shares of Grupo Aeroportuario del Centro Norte by 17.5% during the first quarter. Great West Life Assurance Co. Can now owns 22,378 shares of the transportation company’s stock valued at $1,422,000 after purchasing an additional 3,332 shares in the last quarter. Mackenzie Financial Corp lifted its position in Grupo Aeroportuario del Centro Norte by 57.2% during the 1st quarter. Mackenzie Financial Corp now owns 82,991 shares of the transportation company’s stock valued at $4,954,000 after acquiring an additional 30,212 shares during the period. Renaissance Group LLC increased its position in Grupo Aeroportuario del Centro Norte by 6.8% during the 1st quarter. Renaissance Group LLC now owns 20,759 shares of the transportation company’s stock valued at $1,239,000 after buying an additional 1,328 shares in the last quarter. Finally, Northern Trust Corp purchased a new stake in Grupo Aeroportuario del Centro Norte during the 1st quarter valued at about $203,000. 9.38% of the stock is currently owned by hedge funds and other institutional investors.
About Grupo Aeroportuario del Centro Norte
(Get Rating)
Grupo Aeroportuario del Centro Norte, SAB. de C.V., together with its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Ciudad Juárez, Reynosa, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas cities.
Read More
- Get a free copy of the StockNews.com research report on Grupo Aeroportuario del Centro Norte (OMAB)
- MarketBeat: Week in Review 12/26 – 12/30
- The Dogs Of Tech: It’s Time For A Bite Of These Stocks
- Does This Acquisition Make Microsoft a Bear Market Buy?
- Should You Warm up to Generac Stock for the Winter?
- Is Kintara Therapeutics A Hidden Gem?
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Grupo Aeroportuario del Centro Norte, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Grupo Aeroportuario del Centro Norte wasn’t on the list.
While Grupo Aeroportuario del Centro Norte currently has a «Hold» rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company’s CEO, COO, and CFO were all selling shares of their stock, would you want to know?
If a company’s CEO, COO, and CFO were all selling shares of their stock, would you want to know?
Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat’s trending stocks report.
Identify stocks that meet your criteria using seven unique stock screeners. See what’s happening in the market right now with MarketBeat’s real-time news feed. Export data to Excel for your own analysis.
As Featured By:
326 E 8th St #105, Sioux Falls, SD 57103
contact@marketbeat.com
(844) 978-6257
© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.
