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Fomento Economico Mexicano (FMX)
NYSE:FMX
RESEARCH TOOLSreports
Fomento Economico Mexicano (FMX) Stock Price & Analysis
142 Followers
FMX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$89.25 - $142.13
Previous Close$118.51
Volume994.90K
Average Volume (3M)728.44K
Market Cap
$25.44B
Enterprise Value$280.11B
Total Cash (Recent Filing)$103.72B
Total Debt (Recent Filing)$283.20B
Price to Earnings (P/E)11.5
Beta0.59
Next Earnings
Apr 26, 2024EPS Estimate
$1.12Last Dividend Ex-Date
Apr 16, 2024Dividend Yield1.61%
Share Statistics
EPS (TTM)10.04
Shares Outstanding1,789,110,016
10 Day Avg. Volume808,316
30 Day Avg. Volume728,444
Standard Deviation0.09
R-Squared0.34
Alpha-0.00012
Financial Highlights & Ratios
Price to Book (P/B)2.08
Price to Sales (P/S)6.14
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$148.25Price Target Upside27.38% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Fomento Economico Mexicano News
PremiumCompany Announcements
FEMSA Submits 2023 Annual Financial Report
PremiumPress Releases
FEMSA Files 2023 SEC Annual Report
Bulls Say, Bears Say
Bulls Say
Business PerformanceHealthy top line growth is expected for Oxxo with SSS at +8.6%, indicating a sound but more normalized year-over-year performance.
Corporate StrategyThe announcement reiterates FMX's commitment to the Forward plan, reinforcing investor confidence in the company's strategic direction.
Dividend PolicyThe combination of dividends and a substantial buyback program in FEMSA's capital return strategy is expected to provide a good yield and stock support.
Bears Say
Financial PerformanceHigher operating expenses from labor costs could pressure Oxxo’s EBITDA margin.
Stock ValuationCurrent valuation shows an approximately 8% discount versus the 5-year P/E average, with no significant catalysts for a sustained re-rating.
Strategic DirectionUncertainty about the use of potential excess cash is weighing on the stock, given no clear target for mergers and acquisitions in the US.
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Ownership Overview
0.00%
Insiders
9.37% Mutual Funds
0.50% Other Institutional Investors
90.13% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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FMX FAQ
What was Fomento Economico Mexicano’s price range in the past 12 months?
Fomento Economico Mexicano lowest stock price was $89.25 and its highest was $142.13 in the past 12 months.
What is Fomento Economico Mexicano’s market cap?
Currently, no data Available
When is Fomento Economico Mexicano’s upcoming earnings report date?
Fomento Economico Mexicano’s upcoming earnings report date is Apr 26, 2024 which is tomorrow.
How were Fomento Economico Mexicano’s earnings last quarter?
Fomento Economico Mexicano released its earnings results on Feb 23, 2024. The company reported $1.501 earnings per share for the quarter, beating the consensus estimate of $1.457 by $0.044.
Is Fomento Economico Mexicano overvalued?
According to Wall Street analysts Fomento Economico Mexicano’s price is currently Undervalued.
Does Fomento Economico Mexicano pay dividends?
Fomento Economico Mexicano pays a Semiannually dividend of $1.11 which represents an annual dividend yield of 1.61%. See more information on Fomento Economico Mexicano dividends here
What is Fomento Economico Mexicano’s EPS estimate?
Fomento Economico Mexicano’s EPS estimate is $1.12.
How many shares outstanding does Fomento Economico Mexicano have?
Fomento Economico Mexicano has 214,845,300 shares outstanding.
What happened to Fomento Economico Mexicano’s price movement after its last earnings report?
Fomento Economico Mexicano reported an EPS of $1.501 in its last earnings report, beating expectations of $1.457. Following the earnings report the stock price went down -10.964%.
Which hedge fund is a major shareholder of Fomento Economico Mexicano?
Among the largest hedge funds holding Fomento Economico Mexicano’s share is First Eagle Investment Management LLC. It holds Fomento Economico Mexicano’s shares valued at 1B.
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Fomento Economico Mexicano Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$148.25 (27.38% Upside)
$148.25 (27.38% Upside)
Blogger Sentiment
Bullish
FMX Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 2.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 5.3%
Last 30 Days ▼ 5.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
28.17%
12-Months-Change
Fundamentals
Return on Equity
12.06%
Trailing 12-Months
Asset Growth
16.09%
Trailing 12-Months
Company Description
Fomento Economico Mexicano
Fomento Economico Mexicano, S.A.B. de C.V., also known as FEMSA, is a soft drink bottler and convenience store operator. The company is the world’s largest bottler of Coca-Cola trademark beverages. It also operates small-box retail chain stores, retail service stations for fuels and drugstores. Additionally, the company produces and distributes commercial refrigeration equipment, plastic cases, weighing equipment, food processing, and preservation solutions.
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FMX Earnings Call
Q4 2024
0:00 / 0:00
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FMX Stock 12 Months Forecast
Average Price Target
$148.25
▲(27.38% Upside)
Technical Analysis
Best Analysts Covering FMX
1 Year
1 Year Success Rate
14/24 ratings generated profit
1 Year Average Return
+6.05%
reiterated a buy rating 9 days ago
Copying Benjamin Theurer's trades and holding each position for 1 Year would result in 58.33% of your transactions generating a profit, with an average return of +6.05% per trade.
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