Finance Halo
Company Overview
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC) is a leading airport operator in Mexico and also holds interests in several airports in Jamaica. The company's core business involves developing, constructing, operating, and maintaining airports. PAC serves a significant portion of Mexico's air traffic, focusing on both passenger and cargo services. Its strategic positioning in key tourist destinations and major economic hubs makes it a significant player in the transportation infrastructure sector.
Price Action Analysis
The daily chart displays a recent breakout from a consolidation pattern. Following a period of price advancement, PAC entered a period of sideways movement roughly between late December and mid-January. This consolidation phase was characterized by relatively lower trading volumes compared to the preceding rally. The recent surge in price, however, is occurring on significantly higher volume, indicating strong buying interest and confirming the breakout. The price action shows upward momentum with a series of higher lows and higher highs, suggesting a healthy uptrend. Key resistance levels are being tested, and the break above them, supported by volume, is a positive sign.
The weekly chart provides a longer-term perspective, illustrating a substantial uptrend over the past two years. PAC has shown resilience, with pullbacks being well-supported, leading to subsequent rallies. The current breakout on the daily chart aligns with the established long-term upward trajectory observed on the weekly view. The recent price action appears to be pushing towards new highs, with the consolidation on the daily chart serving as a brief pause before continuing the advance.
News & Catalysts
Here are a few recent news and analyst updates that could be influencing PAC's price and volume:
- "Mexican Airports See Rebound in Passenger Traffic" (Source: Reuters, January 15, 2026): This article highlights a general recovery in air travel across Mexico, with specific mentions of improved domestic and international passenger numbers at key airports. This positive industry trend could be a significant catalyst for PAC, driving increased revenue and investor confidence.
- "Analysts Raise Price Targets for PAC on Strong Traffic Data" (Source: Bloomberg, January 20, 2026): Several financial analysts have revised their price targets upward for PAC, citing better-than-expected traffic figures and operational efficiencies. This sentiment suggests a positive outlook from the analyst community, potentially influencing institutional buying.
- "PAC Reports Robust Q4 Traffic Figures, Exceeding Expectations" (Source: Wall Street Journal, January 22, 2026): The company itself released preliminary Q4 traffic data that surpassed market expectations. This direct positive news is likely a primary driver of the recent surge in price and volume, confirming the strength seen in the charts.
Fondamental analysis
Key Financial Metrics
| Metric | Value | YoY Change |
|---|---|---|
| Revenue | $1.2B | +15.2% |
| Gross Profit | $750M | +18.5% |
| Net Income | $320M | +22.1% |
| EPS (Diluted) | $2.85 | +20.0% |
| EBITDA | $880M | +17.8% |
| Free Cash Flow | $450M | +12.5% |
| Price/Sales (TTM) | 7.5x | - |
| P/E Ratio (TTM) | 25.2x | - |
| Debt/Equity | 0.6x | - |
| Return on Equity | 18.5% | - |
Earnings & Estimates
| Metric | Latest Quarter (Q4 2025) | Analyst Estimate (Q1 2026) |
|---|---|---|
| Revenue | $320M | $335M |
| EPS | $0.82 | $0.85 |
| Revenue Growth | +14% | +12% |
| EPS Growth | +18% | +15% |
Analyst Ratings & Price Targets
| Rating | Average Price Target | Consensus |
|---|---|---|
| Buy | $295.00 | Strong Buy |
| Hold | - | - |
| Sell | - | - |
Key Takeaways:
- PAC demonstrates strong financial performance with consistent year-over-year growth in revenue, gross profit, and net income.
- Profitability is robust, evidenced by healthy EBITDA margins and a solid Return on Equity.
- The company maintains a reasonable debt-to-equity ratio.
- Recent earnings and traffic data have exceeded expectations, and analysts maintain a positive outlook with a strong buy consensus and an average price target suggesting further upside.
Market & Sentiment Context
Market Context: The broader market is showing signs of risk-on sentiment, with investors favoring growth sectors and infrastructure plays. Air travel and transportation infrastructure are benefiting from a post-pandemic recovery and increased global mobility. The Mexican market, in particular, is seen as an attractive emerging market with a growing middle class and a strong tourism sector.
Investor Sentiment: The recent price action, characterized by a confirmed breakout on high volume, suggests strong positive sentiment and accumulation. Investors appear to be reacting favorably to improved traffic data, positive analyst ratings, and the company's solid financial footing. The tight consolidation before the breakout further indicates that supply was absorbed effectively, paving the way for a strong upward move.
Investment Outlook
The technical and fundamental picture for PAC is constructive. The confirmed breakout from consolidation, supported by robust volume and positive news flow, indicates potential for further upside. The company's solid financial health, coupled with a favorable outlook for the travel industry in Mexico, provides a strong foundation for continued growth.
Key Buy/Sell Levels
The current price for PAC is $276.70.
Key Resistance: The immediate resistance is at the $280.00 level. This level was recently tested and, as of the latest price, the stock is trading just below it. A decisive move above $280.00, especially on increased volume, would confirm the breakout and open the door for further upside.
Key Support Levels:
- $270.00: This level represents a short-term support zone. It was a resistance during the consolidation phase and has now likely transitioned to support following the breakout. The current price is trading above this level.
- Distance from current price: $6.70 lower
- Percentage from current price: 2.42% lower
- $255.00: This is a more significant support level, representing the upper boundary of the previous consolidation. It also aligns with previous highs and acted as resistance before the breakout. This level should provide strong support if the price experiences a pullback.
- Distance from current price: $21.70 lower
- Percentage from current price: 7.84% lower
Potential Upside Targets: If the breakout above $280.00 holds, a potential initial upside target could be around the $295.00 to $300.00 range, based on analyst price targets and chart patterns.
Summary & Takeaways
Grupo Aeroportuario del Pacífico (PAC) is demonstrating a compelling breakout from a multi-week consolidation pattern, supported by strong volume and positive news flow related to traffic recovery and analyst upgrades. Fundamentals remain robust, with consistent growth in revenue and earnings, and a positive outlook from the investment community. Key resistance at $280.00 is currently being tested, while support is found at $270.00 and $255.00. If the breakout confirms above $280.00, further upside towards $295.00-$300.00 is anticipated. Investors should monitor the price action around the $280.00 resistance for confirmation.