Grupo Aeroportuario del Centro Norte (OMAB) Stock Forecast, Price Target & Predictions
OMAB Stock Forecast
Grupo Aeroportuario del Centro Norte stock forecast is as follows: an average price target of $75.00 (represents a 4.75% upside from OMAB’s last price of $71.60) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
OMAB Price Target
The average price target for Grupo Aeroportuario del Centro Norte (OMAB) is $75.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $77.00 to $73.00. This represents a potential 4.75% upside from OMAB's last price of $71.60.
OMAB Analyst Ratings
According to 1 Wall Street analysts, Grupo Aeroportuario del Centro Norte's rating consensus is 'Buy'. The analyst rating breakdown for OMAB stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Grupo Aeroportuario del Centro Norte Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 05, 2024 | Jens Spiess | Morgan Stanley | $77.00 | $63.97 | 20.37% | 7.54% |
| Aug 30, 2024 | Rodolfo Ramos Cevallos | Bradesco | $73.00 | $64.07 | 13.94% | 1.96% |
| Jul 26, 2024 | Jens Spiess | Morgan Stanley | $82.00 | $69.33 | 18.27% | 14.53% |
The latest Grupo Aeroportuario del Centro Norte stock forecast, released on Sep 05, 2024 by Jens Spiess from Morgan Stanley, set a price target of $77.00, which represents a 20.37% increase from the stock price at the time of the forecast ($63.97), and a 7.54% increase from OMAB last price ($71.60).
Grupo Aeroportuario del Centro Norte Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 3 | 3 |
| Avg Price Target | $75.00 | $77.33 | $77.33 |
| Last Closing Price | $71.60 | $71.60 | $71.60 |
| Upside/Downside | 4.75% | 8.00% | 8.00% |
In the current month, the average price target of Grupo Aeroportuario del Centro Norte stock is $75.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 4.75% increase as opposed to Grupo Aeroportuario del Centro Norte's last price of $71.60. This month's average price target is down -3.01% compared to last quarter, and down -3.01% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 05, 2024 | Morgan Stanley | Underweight | Overweight | Upgrade |
| May 24, 2024 | Morgan Stanley | - | Underweight | Initialise |
| May 15, 2024 | Scotiabank | - | Underperform | Downgrade |
Grupo Aeroportuario del Centro Norte's last stock rating was published by Morgan Stanley on Sep 05, 2024. The company Upgrade its OMAB rating from "Underweight" to "Overweight".
Grupo Aeroportuario del Centro Norte Financial Forecast
Grupo Aeroportuario del Centro Norte Revenue Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.22B | $3.67B | - | $2.92B |
| Avg Forecast | $8.21B | $7.83B | $7.47B | $7.12B | $6.79B | $6.48B | $6.18B | $5.89B | $5.62B | $5.36B | $5.11B | $4.88B | $4.65B | $4.43B | $3.25B | $3.04B | $3.08B | $3.46B | $3.35B | $2.84B | $3.38B | $3.52B | $3.12B | $2.79B | $2.95B | $2.79B | $2.72B |
| High Forecast | $8.91B | $8.50B | $8.10B | $7.73B | $7.37B | $7.03B | $6.70B | $6.39B | $6.10B | $5.82B | $5.55B | $5.29B | $5.05B | $4.81B | $3.53B | $3.30B | $3.34B | $3.75B | $3.63B | $3.09B | $3.93B | $3.82B | $3.39B | $3.02B | $3.20B | $3.03B | $2.72B |
| Low Forecast | $6.92B | $6.60B | $6.30B | $6.01B | $5.73B | $5.46B | $5.21B | $4.97B | $4.74B | $4.52B | $4.31B | $4.11B | $3.92B | $3.74B | $2.74B | $2.57B | $2.59B | $2.92B | $2.82B | $2.40B | $3.09B | $2.97B | $2.63B | $2.35B | $2.49B | $2.35B | $2.72B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.16% | 1.24% | - | 1.07% |
Grupo Aeroportuario del Centro Norte's average Quarter revenue forecast for Jun 23 based on 1 analysts is $3.12B, with a low forecast of $2.63B, and a high forecast of $3.39B. OMAB's average Quarter revenue forecast represents a -3.01% decrease compared to the company's last Quarter revenue of $3.22B (Mar 23).
Grupo Aeroportuario del Centro Norte EBITDA Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.99B | $1.95B | - | $1.58B |
| Avg Forecast | $4.55B | $4.34B | $4.14B | $3.95B | $3.77B | $3.59B | $3.43B | $3.27B | $3.12B | $2.97B | $2.84B | $2.70B | $2.58B | $2.46B | $1.80B | $1.69B | $1.71B | $1.92B | $1.86B | $1.58B | $1.88B | $1.95B | $1.73B | $1.55B | $1.64B | $1.55B | $1.51B |
| High Forecast | $4.94B | $4.71B | $4.50B | $4.29B | $4.09B | $3.90B | $3.72B | $3.55B | $3.38B | $3.23B | $3.08B | $2.94B | $2.80B | $2.67B | $1.96B | $1.83B | $1.85B | $2.08B | $2.02B | $1.71B | $2.18B | $2.12B | $1.88B | $1.68B | $1.78B | $1.68B | $1.51B |
| Low Forecast | $3.84B | $3.66B | $3.49B | $3.33B | $3.18B | $3.03B | $2.89B | $2.76B | $2.63B | $2.51B | $2.39B | $2.28B | $2.18B | $2.07B | $1.52B | $1.42B | $1.44B | $1.62B | $1.57B | $1.33B | $1.72B | $1.65B | $1.46B | $1.30B | $1.38B | $1.31B | $1.51B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.29% | 1.19% | - | 1.05% |
1 analysts predict OMAB's average Quarter EBITDA for Jun 23 to be $1.73B, with a high of $1.88B and a low of $1.46B. This is -13.02% lower than Grupo Aeroportuario del Centro Norte's previous annual EBITDA (Mar 23) of $1.99B.
Grupo Aeroportuario del Centro Norte Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.08B | $1.13B | - | $924.51M |
| Avg Forecast | $17.95B | $17.34B | $17.35B | $16.65B | $16.46B | $16.45B | $16.19B | $15.37B | $14.77B | $15.07B | $14.77B | $13.58B | $8.91B | $9.29B | $9.63B | $8.75B | $8.31B | $9.63B | $9.11B | $10.87B | $10.43B | $11.69B | $9.50B | $12.66B | $8.28B | $10.58B | $7.87B |
| High Forecast | $19.95B | $19.26B | $19.28B | $18.50B | $18.28B | $18.28B | $17.99B | $17.07B | $16.41B | $16.74B | $16.41B | $15.09B | $9.90B | $10.32B | $10.70B | $9.72B | $9.23B | $9.84B | $10.12B | $13.04B | $11.59B | $12.98B | $10.55B | $15.19B | $9.20B | $12.69B | $7.87B |
| Low Forecast | $14.30B | $13.81B | $13.82B | $13.26B | $13.11B | $13.10B | $12.89B | $12.24B | $11.76B | $12.00B | $11.76B | $10.82B | $7.10B | $7.40B | $7.67B | $6.97B | $6.62B | $9.49B | $7.25B | $8.69B | $8.31B | $9.31B | $7.56B | $10.13B | $6.59B | $8.46B | $7.87B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.09% | 0.14% | - | 0.12% |
Grupo Aeroportuario del Centro Norte's average Quarter net income forecast for Jun 23 is $9.50B, with a range of $7.56B to $10.55B. OMAB's average Quarter net income forecast represents a 780.29% increase compared to the company's last Quarter net income of $1.08B (Mar 23).
Grupo Aeroportuario del Centro Norte SG&A Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $160.81M | $187.04M | - | $151.15M |
| Avg Forecast | $540.86M | $515.85M | $492.00M | $469.24M | $447.54M | $426.85M | $407.11M | $388.28M | $370.32M | $353.20M | $336.86M | $321.29M | $306.43M | $292.26M | $214.35M | $200.51M | $202.66M | $227.85M | $220.68M | $2.02B | $222.91M | $232.20M | $205.80M | $2.35B | $194.56M | $2.03B | $178.97M |
| High Forecast | $587.01M | $559.87M | $533.98M | $509.28M | $485.73M | $463.27M | $441.84M | $421.41M | $401.92M | $383.34M | $365.61M | $348.70M | $332.57M | $317.19M | $232.64M | $217.61M | $219.95M | $247.29M | $239.51M | $2.42B | $258.87M | $252.01M | $223.36M | $2.82B | $211.16M | $2.44B | $178.97M |
| Low Forecast | $456.15M | $435.05M | $414.93M | $395.74M | $377.44M | $359.99M | $343.34M | $327.46M | $312.32M | $297.87M | $284.10M | $270.96M | $258.43M | $246.48M | $180.78M | $169.10M | $170.91M | $192.16M | $186.12M | $1.61B | $203.84M | $195.83M | $173.56M | $1.88B | $164.08M | $1.62B | $178.97M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.07% | 0.96% | - | 0.84% |
Grupo Aeroportuario del Centro Norte's average Quarter SG&A projection for Jun 23 is $205.80M, based on 1 Wall Street analysts, with a range of $173.56M to $223.36M. The forecast indicates a 27.98% rise compared to OMAB last annual SG&A of $160.81M (Mar 23).
Grupo Aeroportuario del Centro Norte EPS Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $22.35 | $23.44 | - | $19.12 |
| Avg Forecast | $46.49 | $44.91 | $44.94 | $43.12 | $42.62 | $42.61 | $41.93 | $39.80 | $38.25 | $39.03 | $38.25 | $35.17 | $23.08 | $24.06 | $24.95 | $22.65 | $21.53 | $24.93 | $23.59 | $20.34 | $27.01 | $30.27 | $24.60 | $20.73 | $21.44 | $22.05 | $20.38 |
| High Forecast | $51.65 | $49.89 | $49.92 | $47.90 | $47.34 | $47.33 | $46.58 | $44.21 | $42.49 | $43.36 | $42.49 | $39.08 | $25.64 | $26.73 | $27.71 | $25.17 | $23.91 | $25.48 | $26.21 | $22.59 | $30.00 | $33.62 | $27.33 | $23.03 | $23.82 | $24.50 | $20.38 |
| Low Forecast | $37.03 | $35.76 | $35.79 | $34.34 | $33.94 | $33.93 | $33.39 | $31.69 | $30.46 | $31.08 | $30.46 | $28.01 | $18.38 | $19.16 | $19.87 | $18.04 | $17.14 | $24.57 | $18.79 | $16.20 | $21.51 | $24.10 | $19.59 | $16.51 | $17.08 | $17.56 | $20.38 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 1.09% | - | 0.94% |
According to 1 Wall Street analysts, Grupo Aeroportuario del Centro Norte's projected average Quarter EPS for Jun 23 is $24.60, with a low estimate of $19.59 and a high estimate of $27.33. This represents a 10.05% increase compared to OMAB previous annual EPS of $22.35 (Mar 23).
Grupo Aeroportuario del Centro Norte Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| UP | Wheels Up Experience | $2.25 | $500.00 | 22122.22% | Buy |
| ASLE | AerSale | $5.19 | $13.50 | 160.12% | Hold |
| JOBY | Joby Aviation | $5.43 | $7.67 | 41.25% | Buy |
| ASR | Grupo Aeroportuario del Sureste, S. A. B. de C. V. | $282.79 | $376.50 | 33.14% | Buy |
| PAC | Grupo Aeroportuario del Pacífico | $175.28 | $183.63 | 4.76% | Buy |
| OMAB | Grupo Aeroportuario del Centro Norte | $71.60 | $75.00 | 4.75% | Buy |
| CAAP | Corporación América Airports | $17.07 | $17.80 | 4.28% | Buy |
OMAB Forecast FAQ
Is Grupo Aeroportuario del Centro Norte a good buy?
Yes, according to 1 Wall Street analysts, Grupo Aeroportuario del Centro Norte (OMAB) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of OMAB's total ratings.
What is OMAB's price target?
Grupo Aeroportuario del Centro Norte (OMAB) average price target is $75 with a range of $73 to $77, implying a 4.75% from its last price of $71.6. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Grupo Aeroportuario del Centro Norte stock go up soon?
According to Wall Street analysts' prediction for OMAB stock, the company can go up by 4.75% (from the last price of $71.6 to the average price target of $75), up by 7.54% based on the highest stock price target, and up by 1.96% based on the lowest stock price target.
Can Grupo Aeroportuario del Centro Norte stock reach $110?
OMAB's average twelve months analyst stock price target of $75 does not support the claim that Grupo Aeroportuario del Centro Norte can reach $110 in the near future.
What is Grupo Aeroportuario del Centro Norte's current price target trend?
2 Wall Street analysts forecast a $75 price target for Grupo Aeroportuario del Centro Norte (OMAB) this month, up 4.75% from its last price of $71.6. Compared to the last 3 and 12 months, the average price target increased by 8.00% and increased by 8.00%, respectively.
What are Grupo Aeroportuario del Centro Norte's analysts' financial forecasts?
Grupo Aeroportuario del Centro Norte's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $25.34B (high $27.5B, low $21.37B), average EBITDA is $14.06B (high $15.26B, low $11.85B), average net income is $64.47B (high $71.62B, low $51.34B), average SG&A $1.67B (high $1.81B, low $1.41B), and average EPS is $166.95 (high $185.47, low $132.95). OMAB's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $30.62B (high $33.23B, low $25.82B), average EBITDA is $16.99B (high $18.44B, low $14.33B), average net income is $69.3B (high $76.99B, low $55.19B), average SG&A $2.02B (high $2.19B, low $1.7B), and average EPS is $179.45 (high $199.36, low $142.91).
Did the OMAB's actual financial results beat the analysts' financial forecasts?
Based on Grupo Aeroportuario del Centro Norte's last annual report (Dec 2022), the company's revenue was $11.93B, beating the average analysts forecast of $8.46B by 41.11%. Apple's EBITDA was $6.79B, beating the average prediction of $4.69B by 44.64%. The company's net income was $3.9B, missing the average estimation of $26.73B by -85.40%. Apple's SG&A was $667.6M, missing the average forecast of $2.4B by -72.22%. Lastly, the company's EPS was $80.8, beating the average prediction of $63.87 by 26.51%. In terms of the last quarterly report (Mar 2023), Grupo Aeroportuario del Centro Norte's revenue was $3.22B, beating the average analysts' forecast of $2.79B by 15.60%. The company's EBITDA was $1.99B, beating the average prediction of $1.55B by 28.90%. Grupo Aeroportuario del Centro Norte's net income was $1.08B, missing the average estimation of $12.66B by -91.47%. The company's SG&A was $160.81M, missing the average forecast of $2.35B by -93.16%. Lastly, the company's EPS was $22.35, beating the average prediction of $20.73 by 7.80%