BidaskClub downgraded shares of Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) from a hold rating to a sell rating in a report issued on Friday morning, BidAskClub reports.

Other equities analysts have also recently issued reports about the stock. ValuEngine cut shares of Grupo Aeroportuario del Centro Nort from a buy rating to a hold rating in a research report on Friday, June 28th. Zacks Investment Research upgraded shares of Grupo Aeroportuario del Centro Nort from a hold rating to a buy rating and set a $55.00 price target for the company in a research report on Friday, July 5th. Finally, UBS Group cut shares of Grupo Aeroportuario del Centro Nort from a buy rating to a neutral rating in a research report on Thursday, June 27th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the stock. Grupo Aeroportuario del Centro Nort currently has an average rating of Hold and a consensus price target of $54.00.

Shares of NASDAQ OMAB opened at $43.88 on Friday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 2.97 and a current ratio of 2.97. Grupo Aeroportuario del Centro Nort has a 52-week low of $33.39 and a 52-week high of $58.10. The firm has a 50 day moving average price of $48.78 and a two-hundred day moving average price of $47.83. The stock has a market cap of $1.89 billion, a P/E ratio of 14.87, a price-to-earnings-growth ratio of 4.27 and a beta of 0.80.

Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) last announced its quarterly earnings results on Wednesday, July 24th. The transportation company reported $0.90 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.85 by $0.05. Grupo Aeroportuario del Centro Nort had a net margin of 38.86% and a return on equity of 37.00%. The firm had revenue of $113.38 million during the quarter. Analysts predict that Grupo Aeroportuario del Centro Nort will post 3.41 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently bought and sold shares of the company. Millennium Management LLC increased its position in shares of Grupo Aeroportuario del Centro Nort by 33.8% during the fourth quarter. Millennium Management LLC now owns 90,641 shares of the transportation company’s stock worth $3,446,000 after buying an additional 22,886 shares during the period. Campbell & CO Investment Adviser LLC increased its position in shares of Grupo Aeroportuario del Centro Nort by 168.2% during the second quarter. Campbell & CO Investment Adviser LLC now owns 17,216 shares of the transportation company’s stock worth $842,000 after buying an additional 10,797 shares during the period. Northern Trust Corp increased its position in shares of Grupo Aeroportuario del Centro Nort by 71.6% during the fourth quarter. Northern Trust Corp now owns 37,136 shares of the transportation company’s stock worth $1,412,000 after buying an additional 15,498 shares during the period. PNC Financial Services Group Inc. acquired a new stake in shares of Grupo Aeroportuario del Centro Nort during the first quarter worth $37,000. Finally, Eagle Asset Management Inc. acquired a new stake in shares of Grupo Aeroportuario del Centro Nort during the first quarter worth $213,000. Institutional investors own 13.41% of the company’s stock.

About Grupo Aeroportuario del Centro Nort

Grupo Aeroportuario del Centro Norte, S. A. B. de C. V., through its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, Zacatecas, Ciudad Juárez, and Reynosa cities.

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Analyst Recommendations for Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB)

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