PAC / Grupo Aeroportuario del Pacifico: Shares Descend Into Support, Time For A Takeoff?

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC ) Q3 2023 Earnings Conference Call October 26, 2023 11:00 AM ET Company Participants Maria more_horizontal

Mexican airport regulator's potential change to tariff formula caused shares to plummet. The current share price already incorporates a 15% tariff cut more_horizontal

Grupo Aeroportuario del Pacífico operates 12 airports in Mexico and 2 outside of Mexico, with 5 of the 10 biggest airports in Mexico. Airports genera more_horizontal

PAC stock has seen a 15% dip from its 52-week highs, presenting a buying opportunity. Pacifico's traffic results have shown renewed acceleration after more_horizontal

PCRFY, PAC and TEX made it to the Zacks Rank #1 (Strong Buy) growth stocks list on August 10, 2023. more_horizontal

Grupo Aeroportuario del Pacifico (PAC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zack more_horizontal

Grupo Aeroportuario del Pacífico has been an excellent compounder in the past decade, despite facing the unprecedented pandemic in 2020. The company more_horizontal

Grupo Aeroportuario del Pacifico has high NOPAT margins, allowing it to have high returns on invested capital, as well as attractive debt coverage rat more_horizontal