Brokerages forecast that Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) will report earnings of $0.79 per share for the current quarter, according to Zacks Investment Research. Zero analysts have issued estimates for Grupo Aeroportuario del Centro Nort’s earnings. Grupo Aeroportuario del Centro Nort reported earnings of $0.74 per share in the same quarter last year, which indicates a positive year over year growth rate of 6.8%. The firm is scheduled to announce its next quarterly earnings results on Wednesday, July 17th.

On average, analysts expect that Grupo Aeroportuario del Centro Nort will report full-year earnings of $3.33 per share for the current fiscal year, with EPS estimates ranging from $3.18 to $3.48. For the next year, analysts forecast that the business will report earnings of $3.66 per share, with EPS estimates ranging from $3.37 to $3.94. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research firms that cover Grupo Aeroportuario del Centro Nort.

Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) last issued its quarterly earnings results on Wednesday, April 24th. The transportation company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.68 by $0.11. The company had revenue of $101.10 million for the quarter. Grupo Aeroportuario del Centro Nort had a net margin of 37.98% and a return on equity of 37.05%.

A number of equities analysts have commented on OMAB shares. ValuEngine downgraded shares of WideOpenWest from a “hold” rating to a “sell” rating in a research note on Friday, June 28th. UBS Group set a €83.00 ($96.51) target price on shares of Schneider Electric and gave the stock a “buy” rating in a research note on Thursday, June 27th. Zacks Investment Research upgraded shares of SCHNEIDER ELEC /ADR from a “hold” rating to a “buy” rating and set a $20.00 target price on the stock in a research note on Friday, July 5th. Finally, BidaskClub downgraded shares of Zynga from a “buy” rating to a “hold” rating in a research note on Tuesday, June 18th. Seven equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Grupo Aeroportuario del Centro Nort has an average rating of “Hold” and a consensus target price of $54.00.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in OMAB. American Beacon Advisors Inc. boosted its stake in shares of Grupo Aeroportuario del Centro Nort by 54.0% during the first quarter. American Beacon Advisors Inc. now owns 796 shares of the transportation company’s stock valued at $36,000 after purchasing an additional 279 shares in the last quarter. PNC Financial Services Group Inc. bought a new position in shares of Grupo Aeroportuario del Centro Nort during the first quarter valued at approximately $37,000. SG Americas Securities LLC boosted its stake in shares of Grupo Aeroportuario del Centro Nort by 22.1% during the first quarter. SG Americas Securities LLC now owns 4,413 shares of the transportation company’s stock valued at $199,000 after purchasing an additional 799 shares in the last quarter. Eagle Asset Management Inc. bought a new position in shares of Grupo Aeroportuario del Centro Nort during the first quarter valued at approximately $213,000. Finally, Campbell & CO Investment Adviser LLC bought a new position in shares of Grupo Aeroportuario del Centro Nort during the first quarter valued at approximately $289,000. Hedge funds and other institutional investors own 13.52% of the company’s stock.

OMAB stock traded up $0.37 during mid-day trading on Friday, reaching $51.70. The company had a trading volume of 17,220 shares, compared to its average volume of 69,623. The company has a debt-to-equity ratio of 0.51, a current ratio of 3.36 and a quick ratio of 3.36. The stock has a market cap of $2.22 billion, a P/E ratio of 17.52, a PEG ratio of 5.18 and a beta of 0.80. The business has a 50 day moving average of $50.29. Grupo Aeroportuario del Centro Nort has a 12 month low of $33.39 and a 12 month high of $58.10.

About Grupo Aeroportuario del Centro Nort

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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