America Movil, S.A.B. de C.V. Unsponsored ADR (NYSE:AMX - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $22.70 and last traded at $22.63, with a volume of 188582 shares changing hands. The stock had previously closed at $22.50.
Analyst Ratings Changes
A number of analysts have recently issued reports on the stock. Citigroup downgraded shares of America Movil from a "buy" rating to a "neutral" rating and lifted their price objective for the company from $20.00 to $22.00 in a report on Wednesday, September 10th. The Goldman Sachs Group set a $24.30 target price on shares of America Movil and gave the company a "buy" rating in a research note on Wednesday. UBS Group raised their target price on shares of America Movil from $21.10 to $23.60 and gave the company a "neutral" rating in a research note on Thursday, October 16th. Wall Street Zen raised shares of America Movil from a "hold" rating to a "buy" rating in a research note on Saturday, July 12th. Finally, JPMorgan Chase & Co. raised their target price on shares of America Movil from $21.00 to $23.50 and gave the company a "neutral" rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, America Movil currently has an average rating of "Moderate Buy" and a consensus target price of $21.73.
Check Out Our Latest Research Report on America Movil
America Movil Stock Performance
The company has a debt-to-equity ratio of 1.02, a current ratio of 0.81 and a quick ratio of 0.76. The stock's 50-day simple moving average is $20.49 and its 200 day simple moving average is $18.29. The stock has a market capitalization of $68.55 billion, a P/E ratio of 18.41 and a beta of 0.88.
America Movil (NYSE:AMX - Get Free Report) last released its quarterly earnings data on Wednesday, October 15th. The Wireless communications provider reported $0.40 EPS for the quarter, topping analysts' consensus estimates of $0.36 by $0.04. America Movil had a net margin of 7.87% and a return on equity of 16.59%. The firm had revenue of $12.71 billion during the quarter, compared to analysts' expectations of $235.15 billion. Research analysts expect that America Movil, S.A.B. de C.V. Unsponsored ADR will post 1.51 EPS for the current fiscal year.
America Movil Announces Dividend
The business also recently disclosed a special dividend, which will be paid on Monday, November 17th. Shareholders of record on Friday, November 7th will be given a dividend of $0.2811 per share. The ex-dividend date of this dividend is Friday, November 7th. America Movil's payout ratio is 41.46%.
Hedge Funds Weigh In On America Movil
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AMX. Hilltop National Bank bought a new stake in shares of America Movil in the second quarter valued at about $27,000. Advantage Trust Co bought a new stake in shares of America Movil in the second quarter valued at about $30,000. Trust Co. of Vermont bought a new stake in shares of America Movil in the third quarter valued at about $31,000. EverSource Wealth Advisors LLC boosted its position in shares of America Movil by 142.3% in the second quarter. EverSource Wealth Advisors LLC now owns 2,103 shares of the Wireless communications provider's stock valued at $38,000 after acquiring an additional 1,235 shares during the period. Finally, Maseco LLP bought a new stake in shares of America Movil in the second quarter valued at about $54,000. 6.30% of the stock is owned by institutional investors.
America Movil Company Profile
(
Get Free Report)
América Móvil, SAB. de C.V. provides telecommunications services in Latin America and internationally. The company offers wireless and fixed voice services, including airtime, local, domestic, and international long-distance services; and network interconnection services. It provides data services, such as data centers, data administration, and hosting services to residential and corporate clients; value-added services, including Internet access, messaging and other wireless entertainment, and corporate services; data transmission, email services, instant messaging, content streaming, and interactive applications; and wireless security services, mobile payment solutions, machine-to-machine services, mobile banking, virtual private network services, and video calls and personal communications services.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider America Movil, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and America Movil wasn't on the list.
While America Movil currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
