Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Grupo Aeroportuario Del Pacifico (NYSE: PAC) fell significantly during the last several trading days. PAC’s current Value Trend Rating is D and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
On 5/31/24, Grupo Aeroportuario Del Pacifico (NYSE: PAC) stock increased 1.2%, closing at $188.66. However, this advance was accompanied by below average trading volume at 76% of normal. Relative to the market the stock has been strong over the last nine months but has declined -3.2% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, PAC is expected to be Value Creation neutral.
Grupo Aeroportuario Del Pacifico has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Grupo Aeroportuario Del Pacifico has a very low Appreciation Score of 6 but a good Power Rating of 76, triggering the Negative Value Trend Rating.
Be the first to comment