So far this year, the stocks of Controladora Axtel, Regional, and Arca Continental (AC) lead the Top Ten of Monterrey companies listed on the Mexican Stock Exchange. Among the three, AC stands out for its 20.4% increase as of February 14, surpassing the average increase of 7.2% of the 19 issuers in the region listed on the BMV.
According to 18 analysts consulted by investing.com, 12 recommend buying AC shares, 6 advise holding them, and none suggest selling. In the last 12 months up to February 14, AC shares have reported a gain of 8.4%, above the average of 3.8%.
The strong results obtained in 2024, highlighting an annual sales growth of 10.9% and an 11.8% increase in net income, have been crucial for the stock's performance. Additionally, an EBITDA margin of 20.5% supports its performance, surpassing 200 pesos per share in February for the first time in its history and maintaining an upward trajectory.
For this year, AC expects high single-digit growth in its main financial indicators. According to an analyst from a brokerage house, the price of AC shares could continue to rise in the coming weeks, supported by JP Morgan's upgrade from neutral to overweight on the stocks, with a target price of 250 pesos. An annual EBITDA growth of 8.2% is expected over the next 5 years, compared to the initially anticipated 5.5%.
