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PAC

Grupo Aeroportuario del Pacífico, S.A.B. de C.V.

https://www.aeropuertosgap.com.mx

Industry

Airlines, Airports & Air Services

Grupo Aeroportuario del Pacífico, S.A.B. de C.V., together with its subsidiaries, manages, operates, and develops airports primarily in Mexico's Pacific region. It operates 12 airports in Guadalajara, Puerto Vallarta, Tijuana, San JosÃ del Cabo, Guanajuato (BajÃo), Hermosillo, Mexicali, Los Mochis, La Paz, Manzanillo, Morelia, and Aguascalientes. The company was incorporated in 1998 and is headquartered in Guadalajara, Mexico.

Open

180.72

Mkt cap

9.3B

Volume

47K

High

180.72

P/E Ratio

20.66

52-wk high

197.31

Low

178.21

Div yield

0.00

52-wk low

125.30

Grupo Aeroportuario del (NYSE:PAC) reported strong Q3 2024 earnings, with EPS of $3.13 beating estimates by 48.34% and sales of $435.1M surpassing expectations by 15.31%.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 5:29 am

Grupo Aeroportuario del Pacifico (PAC) reported a 3.9% decrease in passenger traffic for September 2024 compared to the previous year. While Guadalajara airport saw a 4.1% increase, Los Cabos, Tijuana, and Puerto Vallarta experienced declines of 9.9%, 6.2%, and 5.1% respectively. Montego Bay also saw an 11.5% decrease.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 6:04 am

Scotiabank analyst Francisco Suarez has downgraded Grupo Aeroportuario del (NYSE:PAC) from Sector Outperform to Sector Perform.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:36 pm

JP Morgan analyst Guilherme Mendes has downgraded Grupo Aeroportuario del (NYSE:PAC) from Neutral to Underweight, indicating a less favorable outlook for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 12:22 pm

Grupo Aeroportuario del Pacifico (PAC) reported a 7.2% decrease in passenger traffic for August 2024 compared to the previous year. Key airports like Los Cabos, Tijuana, Puerto Vallarta, and Guadalajara saw declines, with Montego Bay also experiencing a drop.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 7:30 am

Goldman Sachs analyst Bruno Amorim has maintained a Buy rating on Grupo Aeroportuario del (NYSE:PAC) and increased the price target from $177 to $205.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 2:07 pm

Grupo Aeroportuario del Pacifico has announced its strategic master development program and maximum tariffs for the period 2025-2029. This announcement could impact the company's future revenue and operational strategies.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 7:12 am

Grupo Aeroportuario del Pacifico (PAC) reported a 5.6% decrease in passenger traffic for July 2024 compared to July 2023. The decline was observed across its 12 Mexican airports, with notable decreases in Tijuana, Los Cabos, and Puerto Vallarta. Montego Bay also saw a significant drop in passenger traffic.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 5:25 am

Grupo Aeroportuario del Pacífico (PAC) has revised its 2024 guidance, expecting total revenue growth of 2%-4% and a decline in passenger traffic of 3%-5%. Aeronautical revenues are projected to decrease by 2%-4%, while non-aeronautical revenues are expected to grow by 20%-22%. EBITDA is forecasted to range from a 1% decline to a 1% increase.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 5:35 am

Grupo Aeroportuario del (NYSE:PAC) reported Q2 2024 earnings per share of $3.46, beating the analyst estimate of $3.01 by 14.92%. However, sales of $421.466 million missed the $454.752 million estimate by 7.32%. EPS increased by 45.95% year-over-year, while sales decreased by 10.85%.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 5:32 am

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