Latest news with #GrupoAeroportuariodelCentroNorte
Yahoo
28-07-2025
- Business
- Yahoo
Is International Consolidated Airlines Group (ICAGY) Outperforming Other Transportation Stocks This Year?
The Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. International Consolidated Airlines Group SA (ICAGY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. International Consolidated Airlines Group SA is one of 122 companies in the Transportation group. The Transportation group currently sits at #13 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. International Consolidated Airlines Group SA is currently sporting a Zacks Rank of #2 (Buy). The Zacks Consensus Estimate for ICAGY's full-year earnings has moved 3.1% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger. According to our latest data, ICAGY has moved about 33.1% on a year-to-date basis. Meanwhile, the Transportation sector has returned an average of -2.5% on a year-to-date basis. As we can see, International Consolidated Airlines Group SA is performing better than its sector in the calendar year. Another stock in the Transportation sector, Grupo Aeroportuario del Centro Norte (OMAB), has outperformed the sector so far this year. The stock's year-to-date return is 56.6%. The consensus estimate for Grupo Aeroportuario del Centro Norte's current year EPS has increased 5.3% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy). Breaking things down more, International Consolidated Airlines Group SA is a member of the Transportation - Airline industry, which includes 25 individual companies and currently sits at #168 in the Zacks Industry Rank. Stocks in this group have gained about 5.6% so far this year, so ICAGY is performing better this group in terms of year-to-date returns. On the other hand, Grupo Aeroportuario del Centro Norte belongs to the Transportation - Services industry. This 23-stock industry is currently ranked #207. The industry has moved +0.3% year to date. Going forward, investors interested in Transportation stocks should continue to pay close attention to International Consolidated Airlines Group SA and Grupo Aeroportuario del Centro Norte as they could maintain their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report International Consolidated Airlines Group SA (ICAGY) : Free Stock Analysis Report Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (OMAB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
19-05-2025
- Business
- Yahoo
Is DSV (DSDVY) Outperforming Other Transportation Stocks This Year?
Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. DSV (DSDVY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Transportation peers, we might be able to answer that question. DSV is one of 124 individual stocks in the Transportation sector. Collectively, these companies sit at #16 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. DSV is currently sporting a Zacks Rank of #2 (Buy). The Zacks Consensus Estimate for DSDVY's full-year earnings has moved 20.1% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving. Based on the latest available data, DSDVY has gained about 11.1% so far this year. Meanwhile, stocks in the Transportation group have lost about 4.2% on average. This means that DSV is outperforming the sector as a whole this year. Another Transportation stock, which has outperformed the sector so far this year, is Grupo Aeroportuario del Centro Norte (OMAB). The stock has returned 46.6% year-to-date. Over the past three months, Grupo Aeroportuario del Centro Norte's consensus EPS estimate for the current year has increased 3.8%. The stock currently has a Zacks Rank #2 (Buy). Breaking things down more, DSV is a member of the Transportation - Services industry, which includes 23 individual companies and currently sits at #157 in the Zacks Industry Rank. Stocks in this group have gained about 2.9% so far this year, so DSDVY is performing better this group in terms of year-to-date returns. Grupo Aeroportuario del Centro Norte is also part of the same industry. Going forward, investors interested in Transportation stocks should continue to pay close attention to DSV and Grupo Aeroportuario del Centro Norte as they could maintain their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report DSV (DSDVY) : Free Stock Analysis Report Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (OMAB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
24-04-2025
- Business
- Yahoo
Why Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) Is Up the Most So Far in 2025
We recently published a list of . In this article, we are going to take a look at where Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) stands against other industrial stocks that are up the most so far in 2025. Industrial stocks are sensitive to the economic cycle. Many of them have already fallen victim to the downturn and have reversed much of their earlier gains from the past few years. However, 2025 is shaping up to be a breakout year for industrial stocks elsewhere. The industrial sector is very broad, and you'll always find winners that outpace expectations and draw the attention of investors who once overlooked these workhorse companies. Manufacturing and industrial firms have doubled down on digital transformation and have poured resources into automation to boost efficiency. This investment is paying off as companies become more agile and better equipped to handle shocks, whether from geopolitical tensions, labor shortages, or shifting customer needs. It's worth looking into the biggest winners so far this year, as they could continue building on the momentum. For this article, I screened the best-performing industrial stocks year-to-date. I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A daytime aerial view of an airport bustling with planes and staff. Number of Hedge Fund Holders In Q4 2024: 6 Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) operates 13 airports in northern and central Mexico, including Monterrey International, and generates revenue from both aeronautical and non-aeronautical services. The main catalyst for the stock's strong 2025 performance is the sharp increase in passenger traffic, with March 2025 numbers up 11.8% year-over-year. This operational strength has led to revenue and earnings growth that has consistently beaten analyst expectations, particularly as Mexico's air travel market continues to expand. The consensus price target of $82.5 implies 3.24% downside. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) stock is up 24.21% year-to-date. Overall, OMAB ranks 7th on our list of industrial stocks that are up the most so far in 2025. While we acknowledge the potential of OMAB as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than OMAB but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
16-04-2025
- Business
- Yahoo
Here's What Boosted Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) in Q1
Middle Coast Investing, an investment advisor firm, released its first-quarter investor letter. A copy of the letter can be downloaded here. Middle Coast Investing had a difficult but manageable first quarter, but everyone has suffered since the Liberation Day crash at the beginning of the second quarter. To manage the volatility, the firm decided to increase cash goal levels by roughly 5% for each portfolio. In the quarter, the firm sold 3% more than it bought. In Q1 2025, the US Portfolios returned -3.7% compared to -4.6% for the S&P 500. It's Core U.S. portfolios returned -0.7% while Russell 2000 returned -9.8%, S&P 600 returned -9.3% and Nasdaq generated -10.4% for the same period. However, its European Portfolios appreciated by 9.2%. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first quarter 2025 investor letter, Middle Coast Investing emphasized stocks such as Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB). Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) operates, and maintains airports in Mexico. The one-month return of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) was -1.07%, and its shares gained 5.43% of their value over the last 52 weeks. On April 15, 2025, Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) stock closed at $80.25 per share with a market capitalization of $3.879 billion. Middle Coast Investing stated the following regarding Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) in its Q1 2025 investor letter: "Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) has also put up impressive numbers so far this year. Passenger growth is up 9.1% in the first three months of the year, well ahead of its Mexican airport peers. All the idiosyncratic problems of the past couple years – Hurricane Otis affecting Acapulco, airplane engine issues in Mexico – are now in the comparable numbers for OMAB to beat. A daytime aerial view of an airport bustling with planes and staff. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 6 hedge fund portfolios held Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) at the end of the fourth quarter which was 9 in the previous quarter. While we acknowledge the potential of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. We covered Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) in another article, where we shared the list of best airport stocks to invest in. Middle Coast Investing meaningfully increased its stake in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) in the previous quarter. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
17-02-2025
- Business
- Yahoo
Grupo Aeroportuario del Centro Norte (OMAB): Among the Best Airport Stocks to Invest in Now
We recently published a list of 12 Best Airport Stocks to Invest in Now. In this article, we are going to take a look at where Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) stands against other best airport stocks to invest in now. Prior to the pandemic, the travel and tourism industry contributed 10.4% of GDP (US$10.3 trillion) and 10.5% of all jobs (334 million), making it a vital sector of the global economy. The industry's contribution to global GDP in 2023 was 9.1%, up 23.2% from 2022 and just 4.1% below 2019 levels, according to WTTC's most recent research. Domestic visitor expenditure increased by 18.1%, surpassing 2019 levels, while employment increased by 27 million jobs, a 9.1% year-over-year gain. Spending by foreign visitors increased by 33.1%, but it was still 14.4% less than before the outbreak. Julia Simpson, WTTC President & CEO, on April 2024, stated: 'The future is very bright. We can predict a record-breaking 2024. The sector's global economic contribution is set to reach an all-time high of $11.1 trillion, which will generate one in every ten dollars worldwide. The sector is also expected to support nearly 348 million jobs, an increase of 13.6 million jobs on its 2019 record. We trust that our data will support policymakers, industry professionals and individuals engaged in the evolution of travel.' According to Fortune Business Insights, in 2024, the size of the global market for airport services was valued at $196.96 billion. The market is expected to increase at a compound annual growth rate of 14.4% from $222.26 billion in 2025 to $570.12 billion by 2032. In 2024, North America held a 28.98% market share, dominating the airport services industry. Furthermore, it is projected that the airport services market in the United States will expand considerably, reaching an estimated value of $130.37 billion by 2032. This growth will be fueled by a rise in air and passenger traffic as well as cargo transportation. According to S&P's report, the worldwide travel retail sector is expected to expand by 7%-10% between 2024 and 2025, greatly above the 3.3% and 3.2% growth in the global GDP in 2024 and 2025, respectively. Sales won't approach 2019 levels until 2025, but air traffic will surpass pre-pandemic levels in 2024. Growth will be driven by Asia-Pacific, helped by better infrastructure and a growing middle class. Duty-free shopping, however, might be slowed by declining consumer confidence and fewer business tourists. As per the aforementioned report, over the next two to four years, it is anticipated that global air traffic will increase more quickly than GDP due to growing middle classes in Asia-Pacific and, to a lesser extent, Latin America, as well as better infrastructure and connectivity. By incorporating technology, personalization, and hybrid stores that blend duty-free shopping with dining options and entertainment, travel businesses are adjusting. Customer experiences are also being improved by a move toward luxury items, fashion, electronics, and regional merchandise. More passenger time will be available for shopping because of increased digitization, remote check-in, and bag-drop services. However, sector profits are under pressure from growing airport concession fees, which have leveled off at higher levels since the pandemic. Chinese operators have secured reduced concession rates, giving them a competitive edge, even though the majority of travel shops would see a rise in expenses. Looking ahead, according to Deloitte's report, in 2025, travel demand is projected to be high due to post-pandemic lifestyle changes, greater freedom in working remotely, and a promising economic outlook. TSA throughput climbed by 7% year over year between December 20 and January 5 as a result of US tourists planning longer and more costly travels during the recent winter holiday season. A post-pandemic reprioritization, with 40% of travelers raising their holiday budgets because travel has become more important, and the growing trend of 'laptop lugging,' where half of passengers want to work remotely while traveling, are important factors. Travel expenditure was also supported by the fact that the percentage of Americans who reported an improved financial situation jumped from 31% to 37%. Travel agencies need to adjust to new AI applications, changing global travel patterns, increased service offerings, and possible regulatory changes under a new administration to meet this demand. A daytime aerial view of an airport bustling with planes and staff. We sifted through holdings of airport services ETFs and online rankings to form an initial list of 20 airport stocks. From the resultant dataset, we chose 12 stocks with the highest number of hedge fund investors, using Insider Monkey's database of 900 hedge funds in Q3 2024 to gauge hedge fund sentiment for stocks. We have used the stock's market capitalization as of February 12 for stocks that are trading under OTC. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points. (see more details here). Number of Hedge Fund Holders: 9 A major participant in Mexico's airport industry, Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) presents an appealing investment opportunity because of its monopoly-like position, steady double-digit earnings growth, and outstanding shareholder returns. Since becoming public in 2006, OMAB has operated 13 airports, with a portfolio that includes major hubs, popular tourist attractions, and smaller cities throughout northern Mexico. The company has a track record of generating a 16.8% annual total return. These airports are essential to the Mexican economy because they give investors access to a crucial component of the infrastructure that supports trade and tourism in the whole country. The company's growth possibilities are related to the Master Development Program (MDP), which requires it to provide traffic forecasts, capital investment plans, and maintenance projections every five years. The business can increase the fees it charges airlines and passengers in return for this investment, which offers a clear way to increase revenue. Inflation and rising demand for airport services are expected to result in higher charges under the next MDP, which is scheduled to go into force in 2026. Since air traffic has grown historically and Monterrey Airport is expected to become a regional hub, Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)'s revenue base should rise more quickly than traffic alone. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) is in a unique position in the airport business due to its monopoly-like operations, which are supported by advantageous government contracts. Since the firm has no direct rivals for the airports it oversees, it has considerable pricing power in contrast to airlines, which are subject to fierce competition. Additionally, the business performs well in both prosperous and struggling times due to its capacity to increase costs in accordance with inflation without alienating clients. It maintained favorable returns despite the difficulties of 2020, proving the strength of its business strategy. Jim Simons's was the largest stakeholder in the company from among the funds in Insider Monkey's database at the end of Q3 2024. It owns 211,700 shares worth $14.36 million as of Q3. Middle Coast Investing stated the following regarding Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) in its Q3 2024 : 'We added meaningfully to our Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) (Central North Airport Group in Mexico) position. A year ago, shares of this and PAC (Pacific Airport Group) plunged on government regulation concerns, but also a hurricane hitting Acapulco (OMAB runs the airport) and plane engine issues for the major Mexican airline, Volaris. Overall, OMAB ranks 4th on our list of Best Airport Stocks to Invest in Now. While we acknowledge the potential for OMAB to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than OMAB but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
