OMAB stock: buy or sell?
July 15th, 2019
Grupo Aeroportuario del Centro Norte, S. A. B. de C. V., through its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico.
Should I buy OMAB stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with Grupo Aeroportuario del Centro Norte S.A.B. de stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Grupo Aeroportuario del Centro Norte S.A.B. de stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we collected 4 ratings published for OMAB stock in the last 30 days. The general sentiment of these ratings is bullish for OMAB stock, with 3 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
OMAB stock analysis
Grupo Aeroportuario del Centro Norte S.A.B. de shares jumped 2.05% to $51.70 today.
Grupo Aeroportuario del Centro Norte S.A.B. de shares jumped 2.05% to $51.70 today. Since May when SMA100d and SMA200d crossed up, OMAB price gained $1.79 per share (3.59%). Since last April when OMAB stock price broke up the SMA200d line, it gained $8.12 (18.63%).
Shares of Grupo Aeroportuario del Centro Norte S.A.B. de appreciated a beatiful 2.05% this week. With this, it's been 3 climbing weeks in a row, soaring a 5.57%.
OMAB shows a long term strength with several rising tops and rising bottoms. It left a new bottom at $48.34 early July. Previous top ($53.17) will play as a resistance in possible new gains. Since SMA20d and SMA40w crossed up by mid May, OMAB price climbed $4.08 per share (8.57%). Since price and SMA40w lines crossed up early April, OMAB climbed $8.12 (18.63%). Far behind is the all-time high Grupo Aeroportuario del Centro Norte S.A.B. de marked early October but price is just -7.93% below that top.
OMAB stock price history
OMAB stock went public on November 29th, 2006 with a price of $12.011. Since then, OMAB stock grew a 330.50%, with an average of 27.50% per year. If you had invested right after OMAB's IPO a $1,000 in OMAB stock in 2006, it would worth $3,305.00 today.
1: Adjusted price after possible price splits or reverse-splits.
OMAB stock historical price chart
OMAB stock reached all-time highs on October with a price of $56.15.
OMAB stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' OMAB stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not detected any price forecast for Grupo Aeroportuario del Centro Norte S.A.B. de stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareGrupo Aeroportuario del Centro Norte S.A.B. de reported phenomenal results for 2018-Q4 on February. Grupo Aeroportuario del Centro Norte S.A.B. de rose Earnings per Share (EPS) by 20.00%, beating experts consensus of $0.70. Grupo Aeroportuario del Centro Norte S.A.B. de posted $0.84.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw a brilliant growth of 10.90% to $7,907.05 M dollars. Slightly worse, its profit margin (compared to sales) rose to 36.07%, that is $2,851.82 million.
|2013||$3,420 M||-||$1,200 M35.1%||-|
|2014||$3,730 M||9.06%||$1,025 M27.5%||-14.61%|
|2015||$4,493 M||20.46%||$1,234 M27.5%||20.40%|
|2016||$5,550 M||23.54%||$1,870 M33.7%||51.58%|
|2017||$7,130 M||28.46%||$2,128 M29.8%||13.76%|
|2018||$7,907 M||10.90%||$2,852 M36.1%||34.04%|
Quarterly financial resultsGrupo Aeroportuario del Centro Norte S.A.B. de posted $2,021.07 million in sales for 2018-Q4, a 2.77% up compared to previous quarter. Reported quarter income marked $815.80 M with a profit margin of 40.36%. Profit margin appreciated a 3.60% compared to previous quarter when profit margin was 36.77%. When comparing sales to same quarter last year, Grupo Aeroportuario del Centro Norte S.A.B. de sales marked an excellent gain and escalated a 7.06%.
|2017-Q1||$1,620 M||-||$421 M26.0%||-|
|2017-Q2||$96 M||-94.08%||$28 M29.2%||-93.35%|
|2017-Q3||$1,880 M||1,859.16%||$579 M30.8%||1,967.71%|
|2017-Q4||$1,888 M||0.41%||$621 M32.9%||7.32%|
|2018-Q1||$1,932 M||2.34%||$608 M31.5%||-2.04%|
|2018-Q2||$1,987 M||2.88%||$705 M35.5%||15.83%|
|2018-Q3||$1,967 M||-1.05%||$723 M36.8%||2.60%|
|2018-Q4||$2,021 M||2.77%||$816 M40.4%||12.83%|
Grupo Aeroportuario del Centro Norte S.A.B. de ownershipWhen you are planning to invest in shares of a stock, it's always worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Grupo Aeroportuario del Centro Norte S.A.B. de, 0.00% of all outstanding shares are owned by its staff.
In case of Grupo Aeroportuario del Centro Norte S.A.B. de stock, 13.84% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for OMAB stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related companies:
|Market cap||$2.5 B||$5.0 B||$6.0 B|
|Total shares||49.2 M||30.0 M||56.1 M|
|Float shares||41.8 M||16.6 M||36.1 M|
|- Institutional holdings (%)||13.8%||53.9%||10.2%|
|- Insider holdings (%)||0.0%||0.9%||0.0%|
|Shares in short selling||0.0%||0.0%||0.0%|
|Monday, July 15th, 2019|
|Day range||$50.54 - $51.70|
|Average true range||$1.17|
|50d mov avg||$49.80|
|100d mov avg||$47.33|
|200d mov avg||$44.76|
Grupo Aeroportuario del Centro Norte S.A.B. de performanceTo better understand Grupo Aeroportuario del Centro Norte S.A.B. de performance you must becnhmark its gains with other related stocks in same sector or industry. For Grupo Aeroportuario del Centro Norte S.A.B. de, the benchmark is made against Grupo Aeroportuario del Sureste, S.A. de and Grupo Aeroportuario Del Pacifico, S.A. de.