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How to Buy Central North Airport Group Stock

Central North Airport Group

Grupo Aeroportuario del Centro Norte, S. A. B. de C. V. , together with its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico.

Central North Airport Group stock last closed at $75.30, down 1.08% from the previous day, and has decreased 12.87% in one year. It has underperformed other stocks in the Airports & Air Services industry by 0.03 percentage points. Central North Airport Group stock is currently +49.91% from its 52-week low of $50.23, and -24.86% from its 52-week high of $100.21.

At the moment, there are 386.17M OMAB shares outstanding. The market value of OMAB is $3.63B. In the past 24 hours, 26,246 OMAB shares were traded.

How to Buy Central North Airport Group Stock

Not sure how to invest in Central North Airport Group stock? Here's how.
  1. Decide where to buy Central North Airport Group stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Central North Airport Group stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Put funds into your brokerage account: Choose your method of payment and add your info.
  4. Research Central North Airport Group stock: The Central North Airport Group ticker symbol is OMAB. Is Central North Airport Group stock a good investment? Should you buy shares of OMAB? How do OMAB's underlying business fundamentals look? Do top analysts think Central North Airport Group is a good buy? Why has OMAB's stock price moved recently? (Hint: Our stock market research website can help you evaluate if OMAB is a good stock to buy).
  5. Execute your OMAB buy order: Decide if you will purchase OMAB shares at the current market price or use a limit order to buy OMAB shares at a given price.
  6. Monitor your OMAB investment: Create a watchlist to key updates about your position in Central North Airport Group stock.

Step 1: Decide where to buy Central North Airport Group stock

You need an online brokerage account to access the NASDAQ market and buy OMAB shares.

A brokerage account allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've chosen the right brokerage, the next step is to fill out some personal information so you are able to invest in OMAB stock today.

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Step 3: Put funds into your brokerage account

Now that you've created your account on one of the most highly reviewed stock apps, your next step is to transfer the money for your investment:

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Step 4: Research Central North Airport Group stock

After you have selected the best place to buy Central North Airport Group stock, it's very important to research their stock before you invest, so you truly wrap your head around the risk as well as the upside.

Central North Airport Group Metrics

OMAB Price
$75.30
1w %
-7.56%
1y %
-12.87%
5y %
54.43%
P/E
16.78x
P/B
7.82x
P/S
5.49x
PEG
0.81x
Revenue
$662.67M
Earnings
$216.60M
Fore. Rev. Growth
16.3%
Fore. Earn. Growth
20.68%
Market Cap
$3.63B
Next Earnings
Apr 24, 2024
Next Dividend
N/A

Fundamentals of Central North Airport Group

WallStreetZen was created to help everyday investors perform more accurate fundamental analysis quickly.

You can view all of the due diligence checks on OMAB's stock page.

Is OMAB stock undervalued or overvalued?

You can use many financial metrics, analyses, models, and charts to gauge OMAB's fair value.

Using relative valuations metrics:

  • OMAB may be overvalued based on its P/E ratio of 16.78x, relative to Airports & Air Services industry P/E ratio of 10.5x
  • OMAB may be overvalued based on its P/B ratio of 7.82x, relative to Airports & Air Services industry P/B ratio of 4.45x
  • OMAB may be undervalued based on its PEG ratio of 0.81x

You can access more valuation analysis on OMAB's stock here.

OMAB Financial Health

Pros:

  • There are more short-term assets than short-term liabilities on the OMAB balance sheet.
  • OMAB earnings of $344.84M is not enough to cover its interest payments.
  • OMAB's operating cash flow of $276.81M allows it to safely service it's debt of $577.04M.

Cons:

  • There are more long-term liabilities than short-term assets on the OMAB balance sheet.
  • OMAB has a relatively high debt to equity ratio of 1.73.
  • OMAB profit margin has gone down from 32.8% to 32.7% in the past year.
  • Total OMAB debt is higher than 5 years ago, relative to shareholder equity.

Do analysts think it's a good time to buy Central North Airport Group stock

Out of 1 sell side analysts who give recommendations on OMAB, the consensus analyst rating on Central North Airport Group is a Strong Buy

It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are saying on the Central North Airport Group stock forecast page.

OMAB Technicals

SMA10
80.45
SMA20
79.18
SMA50
74.08
SMA100
75.12
SMA200
78.24
MACD
1.26
MACD Signal
2.22
MACD Histogram
-0.96
RSI
43.34
Stochastic %K
6.64
Stochastic %D
19.88
StochRSI %K
0
StochRSI %D
0

OMAB Performance Numbers

Last year, OMAB earnings were $216.60M. During the past 5 year, OMAB's earnings have gone up by 13.55% per year. This was slower than the Airports & Air Services industry average of 20.97%.

Last year, OMAB revenue was $662.67M. In the past 5 year, OMAB's revenue has grown by 11.07% per year. This was slower than the Airports & Air Services industry average of 14.59%.

Dive into OMAB's earnings and revenue performance here.

Are OMAB executives and large shareholders buying or selling the stock?

In the last year, executives and large shareholders at OMAB have not bought or sold any shares.

Get more info about who owns OMAB shares here.

Does OMAB stock generate passive income?

Central North Airport Group pays a dividend of 3.6%, compared to the Airports & Air Services industry's average dividend yield of 4.26%. If you owned $1,000 worth of OMAB stock, you would have been paid $35.98 in the past year.

Central North Airport Group dividend payments have consistently grown over the past decade but have not remained stable.

Get more data about Central North Airport Group dividend yield and history here.

What do other investors have to say about OMAB?

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Step 5: Execute your OMAB buy order

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a given price limit, place a limit order.

Hit the Open button and your broker will execute the order.

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Step 6: Monitor your OMAB investment

Now that you own some OMAB shares, you'll want to stay up-to-date on your new stock purchase.

Add OMAB to a watchlist to track the most important metrics related to your OMAB stock.

OMAB Feed

How to Buy Stock in Central North Airport Group

To summarize, here are the 6 steps to buy Central North Airport Group stock:

  1. Decide where to buy Central North Airport Group stock
  2. Open your brokerage account
  3. Put funds into your brokerage account
  4. Research Central North Airport Group stock
  5. Execute your OMAB buy order
  6. Monitor your OMAB investment

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If you would like to keep tabs on your new investment in Central North Airport Group, click below.

NASDAQ: OMAB
$75.30-0.82 (-1.08%)
Updated Apr 18, 2024
Open eToro Account
NASDAQ: OMAB
$75.30-0.82 (-1.08%)
Updated Apr 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Central North Airport Group share?

As of Apr 18, 2024, it costs $75.30 to buy one share of Central North Airport Group stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.133 shares of OMAB.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Central North Airport Group stock?

According to 1 Wall Street analysts who monitor Central North Airport Group, their consensus recommendation is to buy Central North Airport Group stock.

What is the best way to buy Central North Airport Group stock?

One way to place an order for Central North Airport Group stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.