Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• Coca Cola Femsa S.A.B. de C.V. has received a consensus rating of "Moderate Buy" from analysts, with one hold and five buy ratings, and an average 12-month price target of $105.50.
• The company reported $1.30 EPS for the last quarter, missing estimates by ($0.22), with revenue of $3.74 billion compared to a forecast of $3.89 billion.
• Coca Cola Femsa recently paid a quarterly dividend of $0.874 per share, resulting in a dividend yield of 4.2% and a payout ratio of 60.42%.

Shares of Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF - Get Free Report) have been given an average recommendation of "Moderate Buy" by the six ratings firms that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $105.50.

A number of research analysts have recently commented on the company. JPMorgan Chase & Co. lowered their target price on Coca Cola Femsa from $111.00 to $107.00 and set a "neutral" rating for the company in a research report on Wednesday, July 16th. Barclays set a $100.00 target price on Coca Cola Femsa and gave the company an "overweight" rating in a research note on Thursday, July 31st. Wall Street Zen lowered Coca Cola Femsa from a "buy" rating to a "hold" rating in a research note on Sunday, July 13th. Morgan Stanley upgraded Coca Cola Femsa from an "equal weight" rating to an "overweight" rating in a research note on Monday, June 2nd. Finally, UBS Group raised their price target on Coca Cola Femsa from $109.00 to $113.00 and gave the stock a "buy" rating in a report on Tuesday, July 8th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of KOF. GAMMA Investing LLC raised its holdings in shares of Coca Cola Femsa by 936.0% in the first quarter. GAMMA Investing LLC now owns 5,843 shares of the company's stock worth $533,000 after acquiring an additional 5,279 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Coca Cola Femsa by 1.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 224,870 shares of the company's stock worth $17,515,000 after acquiring an additional 3,120 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Coca Cola Femsa by 46.6% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 102,856 shares of the company's stock worth $8,011,000 after acquiring an additional 32,674 shares during the last quarter. Ninety One UK Ltd acquired a new position in Coca Cola Femsa in the first quarter valued at $3,979,000. Finally, Leo Wealth LLC increased its stake in Coca Cola Femsa by 26.3% in the first quarter. Leo Wealth LLC now owns 17,220 shares of the company's stock valued at $1,572,000 after purchasing an additional 3,590 shares during the last quarter.

Coca Cola Femsa Price Performance

NYSE:KOF traded down $0.17 during mid-day trading on Friday, reaching $82.99. The stock had a trading volume of 66,288 shares, compared to its average volume of 221,739. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.90 and a current ratio of 1.12. Coca Cola Femsa has a one year low of $72.68 and a one year high of $101.74. The stock has a market capitalization of $139.48 billion, a P/E ratio of 14.54, a P/E/G ratio of 0.78 and a beta of 0.62. The firm has a 50 day moving average price of $92.66 and a two-hundred day moving average price of $90.09.

Coca Cola Femsa (NYSE:KOF - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The company reported $1.30 earnings per share for the quarter, missing analysts' consensus estimates of $1.52 by ($0.22). Coca Cola Femsa had a return on equity of 15.81% and a net margin of 8.19%. The business had revenue of $3.74 billion during the quarter, compared to analysts' expectations of $3.89 billion. As a group, analysts expect that Coca Cola Femsa will post 5.7 earnings per share for the current year.

Coca Cola Femsa Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 28th. Shareholders of record on Tuesday, July 15th were given a dividend of $0.874 per share. The ex-dividend date of this dividend was Tuesday, July 15th. This represents a $3.50 annualized dividend and a yield of 4.2%. Coca Cola Femsa's payout ratio is 60.42%.

Coca Cola Femsa Company Profile

Coca-Cola FEMSA, SAB. de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay. The company offers sparkling beverages, including colas and flavored sparkling beverages; waters; other non-carbonated beverages comprising juice drinks, coffee, teas, milk, value-added dairy products, sports and energy drinks, and plant-based drinks; and alcoholic beverages, such as hard seltzer under the Topo Chico brand name.