Wall Street brokerages expect that Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) will report earnings per share (EPS) of $0.80 for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Grupo Aeroportuario del Centro Nort’s earnings. Grupo Aeroportuario del Centro Nort reported earnings per share of $0.84 in the same quarter last year, which indicates a negative year over year growth rate of 4.8%. The company is expected to announce its next earnings results on Monday, February 10th.

According to Zacks, analysts expect that Grupo Aeroportuario del Centro Nort will report full-year earnings of $3.44 per share for the current financial year, with EPS estimates ranging from $3.40 to $3.47. For the next fiscal year, analysts expect that the business will post earnings of $3.93 per share, with EPS estimates ranging from $3.77 to $4.08. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Grupo Aeroportuario del Centro Nort.

Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) last issued its earnings results on Thursday, October 17th. The transportation company reported $0.89 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.82 by $0.07. The company had revenue of $110.93 million during the quarter. Grupo Aeroportuario del Centro Nort had a return on equity of 36.93% and a net margin of 39.59%.

OMAB has been the subject of a number of research analyst reports. JPMorgan Chase & Co. upgraded Grupo Aeroportuario del Centro Nort from a “neutral” rating to an “overweight” rating in a research note on Tuesday, October 29th. Bradesco Corretora upgraded Grupo Aeroportuario del Centro Nort from an “underperform” rating to a “neutral” rating and set a $65.00 price objective for the company in a research note on Friday, December 20th. BidaskClub upgraded Grupo Aeroportuario del Centro Nort from a “hold” rating to a “buy” rating in a research note on Friday, December 13th. Credit Suisse Group reiterated a “neutral” rating on shares of Grupo Aeroportuario del Centro Nort in a research note on Thursday, January 2nd. Finally, ValuEngine upgraded Grupo Aeroportuario del Centro Nort from a “sell” rating to a “hold” rating in a research note on Wednesday. Four investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. Grupo Aeroportuario del Centro Nort presently has a consensus rating of “Buy” and an average target price of $67.50.

OMAB stock traded up $0.53 during midday trading on Friday, reaching $64.57. The stock had a trading volume of 34,000 shares, compared to its average volume of 58,550. The stock has a market cap of $3.04 billion, a PE ratio of 21.89, a P/E/G ratio of 5.25 and a beta of 0.82. The company has a debt-to-equity ratio of 0.51, a quick ratio of 3.24 and a current ratio of 3.24. The firm has a fifty day simple moving average of $58.86 and a two-hundred day simple moving average of $52.08. Grupo Aeroportuario del Centro Nort has a 52-week low of $42.17 and a 52-week high of $64.80.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in OMAB. Quantamental Technologies LLC raised its stake in shares of Grupo Aeroportuario del Centro Nort by 58.5% during the 2nd quarter. Quantamental Technologies LLC now owns 653 shares of the transportation company’s stock valued at $32,000 after buying an additional 241 shares during the last quarter. Barclays PLC raised its stake in shares of Grupo Aeroportuario del Centro Nort by 45.0% during the 3rd quarter. Barclays PLC now owns 1,742 shares of the transportation company’s stock valued at $83,000 after buying an additional 541 shares during the last quarter. SG Americas Securities LLC raised its stake in shares of Grupo Aeroportuario del Centro Nort by 5.6% during the 3rd quarter. SG Americas Securities LLC now owns 3,818 shares of the transportation company’s stock valued at $182,000 after buying an additional 204 shares during the last quarter. Virtu Financial LLC purchased a new position in shares of Grupo Aeroportuario del Centro Nort during the 3rd quarter valued at about $224,000. Finally, Bank of Nova Scotia purchased a new position in shares of Grupo Aeroportuario del Centro Nort during the 2nd quarter valued at about $259,000. Institutional investors and hedge funds own 9.54% of the company’s stock.

Grupo Aeroportuario del Centro Nort Company Profile

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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