Stock Rating Downgrade
The Value Trend Rating for Grupo Aeroportuario del Centro N (NASDAQ: OMAB) fell significantly during the last several trading days from C to F reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Grupo Aeroportuario del Centro N (NASDAQ: OMAB) stock closed at $66.37 on 11/8/24 after a decline of -2.3%. However, below average trading volume at 76% of normal accompanied the decline. The stock has declined -1.0% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, OMAB is expected to be Value Creation neutral.
Grupo Aeroportuario del Centro N has a current Value Trend Rating of F (Lowest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Grupo Aeroportuario del Centro N has a slightly negative Power Rating of 31 and a very low Appreciation Score of 11, resulting in the Lowest Value Trend Rating.
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