Alert: Positive Investment/Fundamental Signals (1/4/24)-Grupo Aeroportuario del Centro N (NASDAQ: OMAB)

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Significant positive changes in fundamentals have recently occurred for Grupo Aeroportuario del Centro N (NASDAQ: OMAB): the consensus estimate for December, 2024 increased significantly, the consensus estimate for December, 2023 increased significantly, and significant quarterly earnings acceleration occurred.

Significant positive changes in investment behavior have recently occurred for Grupo Aeroportuario del Centro N (NASDAQ: OMAB): positive upside/downside volume developed.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

OMAB is expected to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Grupo Aeroportuario del Centro N has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Grupo Aeroportuario del Centro N has a neutral Appreciation Score of 41 and a neutral Power Rating of 51, and the Low Neutral Value Trend Rating results.

Recent Price Action

Grupo Aeroportuario del Centro N (NASDAQ: OMAB) stock closed at $79.43 on 1/4/24 after a slight decline of -0.7%. However, exceptionally low trading volume at 25% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months and has declined -6.2% during the last week.

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