Grupo Aeroportuario del Pacífico (PAC) Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Grupo Aeroportuario del Pacífico in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PAC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PAC, but not buy additional shares or sell existing shares.
View PAC analyst ratings or view top-rated stocks.

4 brokers have issued 12 month target prices for Grupo Aeroportuario del Pacífico's shares. Their PAC share price forecasts range from $136.00 to $165.00. On average, they predict the company's share price to reach $150.50 in the next twelve months. This suggests that the stock has a possible downside of 9.2%.
View analysts price targets for PAC or view top-rated stocks among Wall Street analysts.

Grupo Aeroportuario del Pacífico's stock was trading at $143.81 at the beginning of the year. Since then, PAC stock has increased by 15.3% and is now trading at $165.84.
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Grupo Aeroportuario del Pacífico saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 103,100 shares, an increase of 22.4% from the August 15th total of 84,200 shares. Based on an average trading volume of 42,600 shares, the short-interest ratio is presently 2.4 days. Currently, 0.2% of the shares of the stock are sold short.
View Grupo Aeroportuario del Pacífico's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, October 20th 2023.
View our PAC earnings forecast.

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) issued its earnings results on Monday, July, 24th. The transportation company reported $2.87 earnings per share for the quarter, hitting the consensus estimate of $2.87. The transportation company earned $487.62 million during the quarter. Grupo Aeroportuario del Pacífico had a trailing twelve-month return on equity of 50.79% and a net margin of 30.28%.

Grupo Aeroportuario del Pacífico declared a -- dividend on Friday, June 30th. Investors of record on Wednesday, July 12th will be paid a dividend of $2.1661 per share on Monday, July 24th. This represents a dividend yield of 3.8%. The ex-dividend date of this dividend is Tuesday, July 11th.
Read our dividend analysis for PAC.

ETFs with the largest weight of Grupo Aeroportuario del Pacífico (NYSE:PAC) stock in their portfolio include iShares Emerging Markets Infrastructure ETF (EMIF), SPDR S&P Global Infrastructure ETF (GII) and iShares Global Infrastructure ETF (IGF).DJ Brookfield Global Infrastructure ETF (TOLZ).

Grupo Aeroportuario del Pacífico (NYSE:PAC) pays an annual dividend of $7.14 per share and currently has a dividend yield of 4.14%. PAC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 72.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PAC will have a dividend payout ratio of 56.44% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PAC.

Grupo Aeroportuario del Pacífico issued an update on its FY 2023 earnings guidance on Tuesday, July, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.60 billion-$1.63 billion, compared to the consensus revenue estimate of $1.64 billion.

3 employees have rated Grupo Aeroportuario del Pacífico Chief Executive Officer Fernando Bosque Mohíno on Glassdoor.com. Fernando Bosque Mohíno has an approval rating of 62% among the company's employees. This puts Fernando Bosque Mohíno in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Grupo Aeroportuario del Pacífico investors own include NVIDIA (NVDA), Alibaba Group (BABA), Home Depot (HD), Walt Disney (DIS), Pfizer (PFE), Procter & Gamble (PG), Starbucks (SBUX), Caterpillar (CAT), General Electric (GE) and AT&T (T).

Grupo Aeroportuario del Pacífico trades on the New York Stock Exchange (NYSE) under the ticker symbol "PAC."

Shares of PAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PAC stock can currently be purchased for approximately $165.84.

Grupo Aeroportuario del Pacífico (NYSE:PAC) has a market capitalization of $8.38 billion and generates $1.36 billion in revenue each year. The transportation company earns $447.95 million in net income (profit) each year or $9.86 on an earnings per share basis.

The company employs 2,314 workers across the globe.

Grupo Aeroportuario del Pacífico's mailing address is AVENIDA MARIANO OTERO NO. 1249 PISO 6 COL. RINCONADA DEL BOSQUE, GUADALAJARA JALISCO O5, 44530. The official website for the company is www.aeropuertosgap.com.mxl. The transportation company can be reached via phone at 523336714582, via email at maliaga@aeropuertosgap.com, or via fax at 52-33-3671-4582.