Grupo Aeroportuario del Centro Nort (OMAB) Receives Consensus Recommendation of “Buy” from Analysts

Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) has earned a consensus rating of “Buy” from the twelve ratings firms that are currently covering the company, Marketbeat reports. Five equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $50.00.

Several analysts recently commented on OMAB shares. Zacks Investment Research lowered Grupo Aeroportuario del Centro Nort from a “buy” rating to a “hold” rating in a report on Friday, February 1st. BidaskClub raised Grupo Aeroportuario del Centro Nort from a “buy” rating to a “strong-buy” rating in a report on Thursday, January 17th. Finally, Scotiabank raised Grupo Aeroportuario del Centro Nort from a “sector perform” rating to an “outperform” rating in a report on Monday, February 11th.

Large investors have recently bought and sold shares of the stock. Advisor Group Inc. increased its holdings in Grupo Aeroportuario del Centro Nort by 772.4% in the 1st quarter. Advisor Group Inc. now owns 759 shares of the transportation company’s stock valued at $34,000 after purchasing an additional 672 shares during the last quarter. American Beacon Advisors Inc. boosted its holdings in Grupo Aeroportuario del Centro Nort by 54.0% in the 1st quarter. American Beacon Advisors Inc. now owns 796 shares of the transportation company’s stock valued at $36,000 after purchasing an additional 279 shares during the period. PNC Financial Services Group Inc. bought a new stake in Grupo Aeroportuario del Centro Nort in the 1st quarter valued at $37,000. O Shaughnessy Asset Management LLC boosted its holdings in Grupo Aeroportuario del Centro Nort by 639.4% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 3,024 shares of the transportation company’s stock valued at $115,000 after purchasing an additional 2,615 shares during the period. Finally, SG Americas Securities LLC boosted its holdings in Grupo Aeroportuario del Centro Nort by 22.1% in the 1st quarter. SG Americas Securities LLC now owns 4,413 shares of the transportation company’s stock valued at $199,000 after purchasing an additional 799 shares during the period. Institutional investors own 13.17% of the company’s stock.



Shares of Grupo Aeroportuario del Centro Nort stock traded up $0.49 on Thursday, reaching $50.22. The company’s stock had a trading volume of 3,578 shares, compared to its average volume of 93,255. The firm has a market cap of $2.10 billion, a price-to-earnings ratio of 17.02, a PEG ratio of 4.94 and a beta of 0.94. Grupo Aeroportuario del Centro Nort has a 52 week low of $33.39 and a 52 week high of $58.10. The company has a current ratio of 3.36, a quick ratio of 3.36 and a debt-to-equity ratio of 0.51.

Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) last issued its quarterly earnings data on Wednesday, April 24th. The transportation company reported $0.79 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.68 by $0.11. Grupo Aeroportuario del Centro Nort had a return on equity of 37.05% and a net margin of 37.98%. The company had revenue of $101.10 million during the quarter. On average, equities research analysts forecast that Grupo Aeroportuario del Centro Nort will post 3.3 EPS for the current fiscal year.

The company also recently announced an annual dividend, which will be paid on Friday, May 24th. Investors of record on Monday, May 20th will be given a $1.6864 dividend. This is an increase from Grupo Aeroportuario del Centro Nort’s previous annual dividend of $1.47. This represents a dividend yield of 3.42%. The ex-dividend date of this dividend is Friday, May 17th. Grupo Aeroportuario del Centro Nort’s payout ratio is currently 47.80%.

Grupo Aeroportuario del Centro Nort Company Profile

Grupo Aeroportuario del Centro Norte, S. A. B. de C. V., through its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, Zacatecas, Ciudad Juárez, and Reynosa cities.

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Analyst Recommendations for Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB)

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