Latest news with #OMAB
San Francisco Chronicle
29-07-2025
- Business
- San Francisco Chronicle
Grupo Aeroportuario del Centro Norte: Q2 Earnings Snapshot
MEXICO CITY (AP) — MEXICO CITY (AP) — Grupo Aeroportuario del Centro Norte SAB de CV (OMAB) on Monday reported net income of $68.8 million in its second quarter. The Mexico City-based company said it had net income of $1.47 per share. The airport facilities manager posted revenue of $223.3 million in the period.
Yahoo
24-06-2025
- Business
- Yahoo
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC): A Bull Case Theory
We came across a bullish thesis on Grupo Aeroportuario del Pacífico, SAB de CV on Chit Chat Stocks Newsletter's Substack by Brett Schafer. In this article, we will summarize the bulls' thesis on PAC. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. 's share was trading at $217.93 as of June 23rd. PAC's trailing and forward P/E ratios were 23.47 and 16.64, respectively, according to Yahoo Finance. A Boeing 737 aircrafts parked in an airport terminal with passengers awaiting to board. Grupo Aeroportuario del Pacífico (PAC) continues to look attractive following its Q1 update, even amid softening international tourism traffic. Passenger growth came in at 4.2%, lagging Grupo Norte (OMAB), which saw 9.1% growth, in part due to PAC's greater exposure to weaker travel demand in Cabo, Puerto Vallarta, and Montego Bay. Yet, PAC's revenue growth of 26.1% in pesos (excluding construction) significantly outpaced its traffic growth, highlighting strong pricing power and operational leverage. Notably, PAC's revenue grew faster than OMAB's, despite slower traffic expansion, thanks in part to a newly signed five-year regulatory agreement with the Mexican government. While margins at PAC, at 53.5%, have trended down slightly and trail OMAB's 56.4%, the new contract lays the groundwork for continued growth in per-passenger revenue and supports a positive long-term outlook. Rising costs in areas like maintenance, taxes, and labor are notable and could weigh on margin trajectory, but these appear manageable against expected revenue expansion. PAC generated 15.7 billion pesos in LTM operating income, translating to a 15x EV/EBIT multiple—still reasonable given its durable earnings profile. While 2025 may bring a temporary slowdown due to tourism softness, PAC remains positioned for double-digit earnings growth over the long term. Though OMAB is cheaper and may benefit more directly from a pending regulatory update, PAC's resilient fundamentals, strong airport network, and improving per-passenger economics continue to make it a compelling core holding. The market still appears to undervalue PAC, offering a favorable entry point for long-term investors. Previously, we covered on Grupo Aeroportuario del Pacífico, SAB de CV (PAC) by Chit Chat Stocks in May 2025, which highlighted the company's strong pricing power, resilient domestic traffic, and potential for double-digit earnings growth. The company's stock price has appreciated by approximately 6% since our coverage. The thesis still stands as structural growth drivers remain intact. Brett Schafer shares an identical thesis but emphasizes PAC's positioning versus OMAB. Grupo Aeroportuario del Pacífico, SAB de C.V. is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 6 hedge fund portfolios held PAC at the end of the first quarter, which was 5 in the previous quarter. While we acknowledge the risk and potential of PAC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
09-05-2025
- Business
- Yahoo
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB): A Bull Case Theory
We came across a bullish thesis on Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) on Substack by Chit Chat Stocks. In this article, we will summarize the bulls' thesis on OMAB. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB)'s share was trading at $88.42 as of May 2nd. OMAB's trailing and forward P/E were 16.30 and 15.06 respectively according to Yahoo Finance. A busy airport terminal full of travelers eager to utilize the company's services. Grupo Aeroportuario del Norte (OMAB) in Q1 reported 9.1% year-over-year passenger traffic growth and 15.6% revenue growth in pesos (excluding construction sales), indicating strong pricing power and increasing revenue per passenger. Commercial revenue per passenger rose 12.5%, supported by Monterrey's growing role as a major transportation hub. OMAB's operating margin over the last twelve months was an impressive 56.4%, close to an all-time high, reflecting its efficient cost structure and high-quality earnings profile. While cost categories such as employee expenses, maintenance, and concession taxes are rising, the overall margin strength highlights the company's ability to offset inflation through top-line growth. A major catalyst lies ahead with the upcoming renewal of OMAB's government contract, expected later this year. Given the inflation buildup over the past five years, a favorable renegotiation could drive a significant earnings inflection starting in 2026. Currently trading at just 11x last twelve months' operating income, OMAB remains cheap for an essential infrastructure asset with long-term tailwinds and embedded pricing power. The stock offers a compelling combination of resilience, cash flow, and upside optionality through contract renegotiation, making it a standout opportunity in today's market. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 6 hedge fund portfolios held OMAB at the end of the fourth quarter which was 9 in the previous quarter. While we acknowledge the risk and potential of OMAB as an investment, our conviction lies in the belief that some 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 more promising than OMAB but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Washington Post
29-04-2025
- Business
- Washington Post
Grupo Aeroportuario del Centro Norte: Q1 Earnings Snapshot
MEXICO CITY — MEXICO CITY — Grupo Aeroportuario del Centro Norte SAB de CV (OMAB) on Tuesday reported net income of $62.9 million in its first quarter. The Mexico City-based company said it had profit of $1.30 per share. The airport facilities manager posted revenue of $174.7 million in the period.
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.
