Grupo Aeroportuario Centro NorteOMAB
OMAB
About: Grupo Aeroportuario del Centro Norte SAB de CV operates airports in the central region of Mexico. The airport is in Monterrey, which serves nearly half of the company's total passengers. In addition, the company manages two hotels and one industrial park.
Employees: 1,200
0
Funds holding %
of 6,790 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
4% more funds holding
Funds holding: 112 [Q2] → 117 (+5) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
0.02% less ownership
Funds ownership: 1.22% [Q2] → 1.19% (-0.02%) [Q3]
2% less call options, than puts
Call options by funds: $2.04M | Put options by funds: $2.09M
4% less capital invested
Capital invested by funds: $282M [Q2] → $270M (-$12.2M) [Q3]
7% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 43
Research analyst outlook
We haven’t received any recent analyst ratings for OMAB.
Financial journalist opinion
Positive
Seeking Alpha
2 weeks ago
Grupo Aeroportuario Del Centro Norte: Stock Is Still A Buy Despite Higher Concession Taxes
Grupo Aeroportuario del Centro Norte's Q3 results beat analyst estimates, with a 1.4% revenue rise driven by strong non-aeronautical revenues despite a decline in aeronautical revenues. Higher concession taxes are impacting margins, with adjusted operating margins decreasing from 71% to 67% and adjusted EBITDA declining by 3.8%. Despite the margin pressure, OMAB stock still has a 48% upside potential, maintaining a buy rating with a price target of $93.60.
Positive
GuruFocus
2 months ago
Grupo Aeroportuario del Centro Norte SAB de CV (OMAB) Shares Up 3.5% on Oct 2
Shares of Grupo Aeroportuario del Centro Norte SAB de CV (OMAB, Financial) surged 3.50% in mid-day trading on Oct 2. The stock reached an intraday high of $69.78, before settling at $69.49, up from its previous close of $67.14.
Positive
Zacks Investment Research
3 months ago
Grupo Aeroportuario del Centro Norte (OMAB) Upgraded to Strong Buy: Here's What You Should Know
Grupo Aeroportuario del Centro Norte (OMAB) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Positive
Zacks Investment Research
3 months ago
OMAB or EXPD: Which Is the Better Value Stock Right Now?
Investors with an interest in Transportation - Services stocks have likely encountered both Grupo Aeroportuario del Centro Norte (OMAB) and Expeditors International (EXPD). But which of these two companies is the best option for those looking for undervalued stocks?
Neutral
Seeking Alpha
3 months ago
Grupo Aeroportuario del Centro Norte: A Buy Despite Headwinds
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. stock declined 30% due to lower traffic and Mexican peso depreciation. The company faces a flurry of challenges largely outside its control, but there are also opportunities that are likely to support earnings growth. Despite challenges, the stock offers 27% upside potential with a buy rating and a $95 price target.
Neutral
Seeking Alpha
4 months ago
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) Q2 2024 Earnings Call Transcript
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB ) Q2 2024 Earnings Conference Call July 29, 2024 11:30 AM ET Company Participants Luis Emmanuel Camacho Thierry - Investor Relations Manager Ricardo Duenas Espriu - Chief Executive Officer Ruffo Perez Pliego - Chief Financial Officer Conference Call Participants Pablo Ricalde - Santander Rodolfo Ramos - Bradesco BBI Jens Spiess - Morgan Stanley Stephen Trent - Citi Isabela Salazar - GBM Andres Aguirre - GBM Andressa Varotto - Private Investor Alan Macias - Bank of America Anton Mortenkotter - GBM Operator Greetings.
Neutral
Seeking Alpha
4 months ago
OMA: Near-Term Traffic Challenges, And Longer-Term Uncertainties, But Good Value And Nearshoring Leverage
OMA's Q2'24 results beat expectations with better than expected non-aero revenue and cost control, despite challenges in the operating environment and weaker traffic. OMA's traffic held up well compared to its peers and per-passenger non-aero revenue continues to grow nicely, as management reaps past investments into cargo and logistics assets. The traffic outlook for 2024 is not great, with Volaris grounding jets for engine repairs and a weaker macro backdrop, but nearshoring could drive meaningful growth over the next 5 years.
Neutral
InvestorPlace
4 months ago
7 Transportation Stocks to Buy Now: Q3 Edition
It's not been a great year for transportation stocks. The benchmark SPDR S&P Transportation ETF (NYSEARCA: XTN ) has fallen 9% over the past 12 months.
Neutral
Zacks Investment Research
6 months ago
Here's Why Grupo Aeroportuario del Centro Norte (OMAB) is Poised for a Turnaround After Losing -16.7% in 4 Weeks
Grupo Aeroportuario del Centro Norte (OMAB) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Positive
Zacks Investment Research
6 months ago
Best Income Stocks to Buy for June 4th
OMAB, FCBC and CMRE made it to the Zacks Rank #1 (Strong Buy) income stocks list on June 4, 2023.
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