At the time of writing, Grupo Aeroportuario del Centro Norte S.A.B de C.V. ADR [OMAB] stock is trading at $72.23, down -2.09%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The OMAB shares have gain 5.23% over the last week, with a monthly amount drifted -0.40%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Grupo Aeroportuario del Centro Norte S.A.B de C.V. ADR [NASDAQ: OMAB] stock has seen the most recent analyst activity on November 15, 2024, when BofA Securities downgraded its rating to a Underperform but kept the price target unchanged to $71.50 for it. Previously, Scotiabank upgraded its rating to Sector Perform on September 25, 2024. On September 06, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $77 on the stock. Scotiabank downgraded its rating to a Sector Underperform. JP Morgan downgraded its rating to Underweight for this stock on March 30, 2023. In a note dated November 21, 2022, UBS downgraded an Neutral rating on this stock.
For the past year, the stock price of Grupo Aeroportuario del Centro Norte S.A.B de C.V. ADR fluctuated between $59.08 and $90.53. Currently, Wall Street analysts expect the stock to reach $73 within the next 12 months. Grupo Aeroportuario del Centro Norte S.A.B de C.V. ADR [NASDAQ: OMAB] shares were valued at $72.23 at the most recent close of the market. An investor can expect a potential return of 1.07% based on the average OMAB price forecast.
Analyzing the OMAB fundamentals
According to Grupo Aeroportuario del Centro Norte S.A.B de C.V. ADR [NASDAQ:OMAB], the company’s sales were 830.62M for trailing twelve months, which represents an -14.56% plunge. Gross Profit Margin for this corporation currently stands at 0.66% with Operating Profit Margin at 0.51%, Pretax Profit Margin comes in at 0.48%, and Net Profit Margin reading is 0.34%. To continue investigating profitability, this company’s Return on Assets is posted at 0.18, Equity is 0.53 and Total Capital is 0.33. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.16.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 71.22 points at the first support level, and at 70.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 73.61, and for the 2nd resistance point, it is at 74.98.
Ratios To Look Out For
It is important to note that Grupo Aeroportuario del Centro Norte S.A.B de C.V. ADR [NASDAQ:OMAB] has a current ratio of 1.08. Also, the Quick Ratio is 1.08, while the Cash Ratio stands at 0.53. Considering the valuation of this stock, the price to sales ratio is 3.66, the price to book ratio is 7.42 and price to earnings (TTM) ratio is 12.36.
