Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Grupo Aeroportuario del Centro N (NASDAQ: OMAB) fell significantly recently. OMAB’s current Value Trend Rating is F and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
Grupo Aeroportuario del Centro N (NASDAQ: OMAB) stock increased 1.4% on 1/5/24. The shares closed at $80.53. Moreover, above average trading volume at 144% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months and has declined -5.3% during the last week.
Current PriceTarget Research Rating
OMAB is expected to be a modest 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 F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Grupo Aeroportuario del Centro N has a slightly negative Power Rating of 34 and a very low Appreciation Score of 6, leading to the Lowest Value Trend Rating.
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