Stock Rating Downgrade
The Value Trend Rating for Grupo Aeroportuario Del Pacifico (NYSE: PAC) fell significantly recently 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 Pacifico (NYSE: PAC) stock declined slightly by -0.7% on 1/12/24. The stock closed at $159.65. However, this decline was accompanied by unusually low trading volume at 54% of normal. Relative to the market the stock has been weak over the last nine months and has declined -4.3% during the last week.
Current PriceTarget Research Rating
PAC is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Grupo Aeroportuario Del Pacifico 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 Pacifico has a slightly negative Power Rating of 34 and a very low Appreciation Score of 7, with the Lowest Value Trend Rating the result.
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