TheStreet upgraded shares of Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) from a c+ rating to a b- rating in a research note released on Wednesday.

A number of other research firms have also issued reports on OMAB. BidaskClub upgraded shares of Grupo Aeroportuario del Centro Nort from a hold rating to a buy rating in a research note on Thursday, December 27th. ValuEngine raised shares of Grupo Aeroportuario del Centro Nort from a hold rating to a buy rating in a report on Wednesday, September 12th. Zacks Investment Research downgraded shares of Grupo Aeroportuario del Centro Nort from a strong-buy rating to a hold rating in a research note on Thursday, November 1st. HSBC raised shares of Grupo Aeroportuario del Centro Nort from a hold rating to a buy rating in a research note on Thursday. Finally, UBS Group upgraded shares of Grupo Aeroportuario del Centro Nort from a neutral rating to a buy rating in a research report on Monday, January 7th. Seven analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of Hold and an average target price of $55.67.

Grupo Aeroportuario del Centro Nort stock opened at $43.51 on Wednesday. The firm has a market cap of $1.84 billion, a PE ratio of 19.87, a price-to-earnings-growth ratio of 4.79 and a beta of 0.81. The company has a current ratio of 2.63, a quick ratio of 2.63 and a debt-to-equity ratio of 0.59. Grupo Aeroportuario del Centro Nort has a 1-year low of $33.39 and a 1-year high of $58.10.

Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) last released its quarterly earnings results on Wednesday, October 24th. The transportation company reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.13. The business had revenue of $103.76 million for the quarter. Grupo Aeroportuario del Centro Nort had a net margin of 34.22% and a return on equity of 36.15%. On average, research analysts expect that Grupo Aeroportuario del Centro Nort will post 2.91 EPS for the current year.

Hedge funds have recently bought and sold shares of the company. Eagle Asset Management Inc. bought a new position in Grupo Aeroportuario del Centro Nort in the 3rd quarter valued at approximately $298,000. Brookstone Capital Management bought a new position in Grupo Aeroportuario del Centro Nort during the 3rd quarter worth approximately $328,000. Northern Trust Corp grew its position in shares of Grupo Aeroportuario del Centro Nort by 72.0% during the 2nd quarter. Northern Trust Corp now owns 12,560 shares of the transportation company’s stock worth $523,000 after buying an additional 5,257 shares during the period. Highstreet Asset Management Inc. grew its position in shares of Grupo Aeroportuario del Centro Nort by 21.4% during the 3rd quarter. Highstreet Asset Management Inc. now owns 27,388 shares of the transportation company’s stock worth $1,560,000 after buying an additional 4,830 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new stake in shares of Grupo Aeroportuario del Centro Nort during the 2nd quarter worth approximately $1,672,000. 12.52% of the stock is owned by hedge funds and other institutional investors.

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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