Alert: Major Price Decline (6/3/24)-Grupo Aeroportuario Del Pacifico (NYSE: PAC).

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Grupo Aeroportuario Del Pacifico (NYSE: PAC) stock suffered a major decline of -13.2% on 6/3/24. The shares closed at $163.84. Moreover, exceptionally high trading volume at 205% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -15.8% during the last week.

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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). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Grupo Aeroportuario Del Pacifico has a very low Appreciation Score of 6 but a good Power Rating of 77, and the Negative Value Trend Rating results.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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