Grupo Aeroportuario del Centro Norte

Grupo Aeroportuario del Centro Norte SAB de CV is a holding company, which engages in operating and managing airports. It operates through the following segments: Metropolitan, Tourist, Regional, Border, Hotel, Industrial Park, and Other. The Metropolitan segment handles operations of the Monterrey airport. The Tourist segment includes Acapulco, Mazatlán, and Zihuatanejo airports. The Regional segment consists of Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas. The Border segment comprises of Ciudad Juárez and Reynosa. The Hotel segment manages the Terminal 2 NH Collection Hotel and the Hilton Garden Inn Hotel. The Industrial Park segment operates the OMA-VYNMSA Industrial Park. The Other segment refers to the holding company and its service companies. The company was founded in 1998 and is headquartered in San Pedro Garza Garcia, Mexico.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Grupo Aeroportuario del Centro Norte SAB de CV is a holding company, which engages in operating and managing airports. It operates through the following segments: Metropolitan, Tourist, Regional, Border, Hotel, Industrial Park, and Other. The Metropolitan segment handles operations of the Monterrey airport. The Tourist segment includes Acapulco, Mazatlán, and Zihuatanejo airports. The Regional segment consists of Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas. The Border segment comprises of Ciudad Juárez and Reynosa. The Hotel segment manages the Terminal 2 NH Collection Hotel and the Hilton Garden Inn Hotel. The Industrial Park segment operates the OMA-VYNMSA Industrial Park. The Other segment refers to the holding company and its service companies. The company was founded in 1998 and is headquartered in Mexico.

Grupo Aeroportuario del Centro Norte's Q3 results beat analyst estimates, with a 1.4% revenue rise driven by strong non-aeronautical revenues despite a decline in aeronautical revenues. Higher concession taxes are impacting margins, with adjusted operating margins decreasing from 71% to 67% and adjusted EBITDA declining by 3.8%. Despite the margin pressure, OMAB stock still has a 48% upside potential, maintaining a buy rating with a price target of $93.60.

Grupo Aeroportuario Del Centro Norte: Stock Is Still A Buy Despite Higher Concession Taxes

Shares of Grupo Aeroportuario del Centro Norte SAB de CV (OMAB, Financial) surged 3.50% in mid-day trading on Oct 2. The stock reached an intraday high of $69.78, before settling at $69.49, up from its previous close of $67.14.

Grupo Aeroportuario del Centro Norte SAB de CV (OMAB) Shares Up 3.5% on Oct 2

Grupo Aeroportuario del Centro Norte (OMAB) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Grupo Aeroportuario del Centro Norte (OMAB) Upgraded to Strong Buy: Here's What You Should Know

Expeditors International of Washington

Investors with an interest in Transportation - Services stocks have likely encountered both Grupo Aeroportuario del Centro Norte (OMAB) and Expeditors International (EXPD). But which of these two companies is the best option for those looking for undervalued stocks?

OMAB or EXPD: Which Is the Better Value Stock Right Now?

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. stock declined 30% due to lower traffic and Mexican peso depreciation. The company faces a flurry of challenges largely outside its control, but there are also opportunities that are likely to support earnings growth. Despite challenges, the stock offers 27% upside potential with a buy rating and a $95 price target.

Grupo Aeroportuario del Centro Norte: A Buy Despite Headwinds

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB ) Q2 2024 Earnings Conference Call July 29, 2024 11:30 AM ET Company Participants Luis Emmanuel Camacho Thierry - Investor Relations Manager Ricardo Duenas Espriu - Chief Executive Officer Ruffo Perez Pliego - Chief Financial Officer Conference Call Participants Pablo Ricalde - Santander Rodolfo Ramos - Bradesco BBI Jens Spiess - Morgan Stanley Stephen Trent - Citi Isabela Salazar - GBM Andres Aguirre - GBM Andressa Varotto - Private Investor Alan Macias - Bank of America Anton Mortenkotter - GBM Operator Greetings.

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) Q2 2024 Earnings Call Transcript

OMA's Q2'24 results beat expectations with better than expected non-aero revenue and cost control, despite challenges in the operating environment and weaker traffic. OMA's traffic held up well compared to its peers and per-passenger non-aero revenue continues to grow nicely, as management reaps past investments into cargo and logistics assets. The traffic outlook for 2024 is not great, with Volaris grounding jets for engine repairs and a weaker macro backdrop, but nearshoring could drive meaningful growth over the next 5 years.

OMA: Near-Term Traffic Challenges, And Longer-Term Uncertainties, But Good Value And Nearshoring Leverage

Corporacion America Airports

Airbus SE

FedEx

Forward Air

J.B. Hunt Transport Services

Union Pacific

It's not been a great year for transportation stocks. The benchmark SPDR S&P Transportation ETF (NYSEARCA: XTN ) has fallen 9% over the past 12 months.

7 Transportation Stocks to Buy Now: Q3 Edition

Grupo Aeroportuario del Centro Norte (OMAB) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Here's Why Grupo Aeroportuario del Centro Norte (OMAB) is Poised for a Turnaround After Losing -16.7% in 4 Weeks

Costamare

First Community Bancshares

OMAB, FCBC and CMRE made it to the Zacks Rank #1 (Strong Buy) income stocks list on June 4, 2023.

Best Income Stocks to Buy for June 4th

After losing some value lately, a hammer chart pattern has been formed for Grupo Aeroportuario del Centro Norte (OMAB), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Grupo Aeroportuario del Centro Norte (OMAB) Could Find a Support Soon, Here's Why You Should Buy the Stock Now

Grupo Aeroportuario Del Centro Norte stock has outperformed the markets. There are risks such as airline capacities, cost inflation and tariff regulations. OMAB stock remains attractive for investment.

Grupo Aeroportuario Del Centro Norte: Time To Buy More?

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB ) Q1 2024 Earnings Conference Call April 25, 2024 1:00 PM ET Company Participants Emmanuel Camacho - Investor Relations Ricardo Duenas - Chief Executive Officer Ruffo Perez Pliego - Chief Financial Officer Conference Call Participants Guilherme Mendes - JPMorgan Alan Macias - Bank of America Rodolfo Ramos - Bradesco BBI Fernanda Recchia - BTG Pactual Pablo Ricalde - Santander Jay Singh - Citi Gabriel Himelfarb - Scotiabank Operator Greetings, and welcome to Grupo Aeroportuario del Centro Norte OMA First Quarter 2024 Earnings Conference Call.

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) Q1 2024 Earnings Call Transcript

Enbridge

Fluor

It's a great time to be looking for undervalued infrastructure stocks to buy. There are increasingly pressing matters across the board.

The 3 Most Undervalued Infrastructure Stocks to Buy in March 2024

Nearshoring trend in Mexico presents opportunities for increased manufacturing and economic activity, benefiting Grupo Aeroportuario del Centro Norte. Risks include stalling economic growth affecting manufacturing output and capacity cuts for airlines due to downtime of GTF-powered airplanes. Despite challenges, OMAB stock remains a compelling investment opportunity with a projected price target of $111.70.

Grupo Aeroportuario Del Centro Norte Stock Remains Attractive

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) Q4 2023 Earnings Call Transcript

Bancolombia

JD.com

Jeronimo Martins SGPS SA

Trip.com

Wal-Mart de Mexico SAB de CV

The past few years have been all about U.S. tech stocks. FAANG names soared amid an unprecedented surge in profits in areas such as e-commerce and cloud computing.

Emerging Market Marvels: 7 Stocks Set to Soar in Developing Economies

Mexican Government changes concession terms, increasing fees from 5% to 9% of gross revenue, impacting OMA's results. Changes to the formula for airport fees may lead to reduced growth estimates and capex/investment. OMA's stock price may be impacted, but the company still has ample EBITDA and free cash flow growth.

OMAB: Safe To BUY

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB ) Q3 2023 Earnings Conference Call October 30, 2023 12:00 PM ET Company Participants Emmanuel Camacho - Investor Relations Ricardo Duenas - Chief Executive Officer Ruffo Perez Pliego - Chief Financial Officer Conference Call Participants Pablo Monsivais - Barclays Guilherme Mendes - JPMorgan Rodolfo Ramos - Bradesco BBI Alberto Valerio - UBS Bruno Amorim - Goldman Sachs Juan Macedo - GBM Jay Singh - Citi Edson Murguia - SummaCapital Gabriel Himelfarb - Scotiabank Fernanda Recchia - BTG Pactual Alan Macias - Bank of America Operator Greetings and welcome to the OMA Third Quarter Conference Call.

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) Q3 2023 Earnings Call Transcript

Grupo Aeroportuario del Sureste SAB de CV

Anheuser-Busch InBev

Diageo

Hormel Foods

McCormick

Grupo Aeroportuario del Pacifico

Molson Coors Brewing

Tesla

Walmart

Ian Bezek favors high moat companies and stable, consistent businesses with durable advantages.

High Moat Companies And Mexico's Long-Term Story With Ian Bezek

Grupo Aeroportuario del Centro Norte operates airport concessionaires in central and northern Mexico. These are businesses with high barriers to entry. On October 5th news broke that the Mexican government planned to reduce airport fees for domestic passengers. The risk of regulation has always been present. I estimate that it will not affect the company's revenues much and the market is overreacting to the news, as we will explore in this article.

Grupo Aeroportuario del Centro Norte: Analyzing The Fee Change Impact (Rating Upgrade)

Mexican airport regulator's potential change to tariff formula caused shares to plummet. The current share price incorporates an 18% tariff cut, which seems harsh. Two other scenarios suggest a potential upside from current levels, but the situation remains speculative.

Grupo Aeroportuario del Centro Norte: Crisis Creates Opportunity

Phillips 66

Toyota Motor

Momentum stocks have been surprisingly strong performers over the years. It can seem counterintuitive at first.

The 3 Most Undervalued Momentum Stocks to Buy in September 2023

Grupo Aeroportuario del Centro Norte operates 13 international airports in Mexico and two hotels. The business model of airports turns them into oligopolies with high barriers to entry. International visitor levels are recovering in Mexico, but there is still a long way to go.

Grupo Aeroportuario del Centro Norte: Recovery Not Yet Complete

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. is a Mexican airport stock that is well-positioned to benefit from the nearshoring trend. Nearshoring, the placement of activities to a nearby region or country for lower costs, is driving manufacturing activity to Mexico. OMA operates airports in key locations, including Monterrey, which is at the center of Mexico's second-largest business and industrial center.

Central North Airport Group: Buy On Nearshoring And Tesla Hype?

News for Grupo Aeroportuario del Centro Norte Stock (OMAB)