Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Coca Cola Femsa S.A.B. de C.V. has received a consensus rating of "Moderate Buy" from six brokerages, with four recommending a buy and two a hold.
• The stock's average one-year price objective has been set at $105.00 following revisions by several analysts, with varying target prices from different firms.
• Coca Cola Femsa recently declared a quarterly dividend of $0.874, representing an annualized dividend of $3.50 and a yield of 4.1%.

Shares of Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF - Get Free Report) have received a consensus rating of "Moderate Buy" from the six analysts that are currently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $105.00.

A number of equities analysts recently weighed in on the stock. Zacks Research lowered shares of Coca Cola Femsa from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 26th. Morgan Stanley raised shares of Coca Cola Femsa from an "equal weight" rating to an "overweight" rating in a research note on Monday, June 2nd. Barclays set a $100.00 price target on shares of Coca Cola Femsa and gave the stock an "overweight" rating in a research report on Thursday, July 31st. UBS Group boosted their price target on shares of Coca Cola Femsa from $109.00 to $113.00 and gave the stock a "buy" rating in a research report on Tuesday, July 8th. Finally, Wall Street Zen cut shares of Coca Cola Femsa from a "buy" rating to a "hold" rating in a research report on Sunday, July 13th.

Coca Cola Femsa Stock Up 1.5%

NYSE KOF traded up $1.26 on Friday, reaching $86.09. The company had a trading volume of 44,848 shares, compared to its average volume of 220,920. The firm has a market capitalization of $144.68 billion, a price-to-earnings ratio of 15.05, a price-to-earnings-growth ratio of 1.08 and a beta of 0.64. 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 1-year low of $72.68 and a 1-year high of $101.74. The company's fifty day moving average is $85.25 and its 200-day moving average is $90.75.

Coca Cola Femsa (NYSE:KOF - Get Free Report) last announced 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). The company had revenue of $3.74 billion during the quarter, compared to analyst estimates of $3.89 billion. Coca Cola Femsa had a return on equity of 15.81% and a net margin of 8.19%. On average, research analysts forecast that Coca Cola Femsa will post 5.7 earnings per share for the current fiscal year.

Coca Cola Femsa Announces Dividend

The firm 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 4.1%. Coca Cola Femsa's payout ratio is 60.42%.

Institutional Investors Weigh In On Coca Cola Femsa

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. MAI Capital Management lifted its position in Coca Cola Femsa by 103.6% during the 2nd quarter. MAI Capital Management now owns 395 shares of the company's stock worth $38,000 after buying an additional 201 shares in the last quarter. Bruce G. Allen Investments LLC bought a new stake in shares of Coca Cola Femsa in the 2nd quarter valued at about $44,000. Wayfinding Financial LLC bought a new stake in shares of Coca Cola Femsa in the 1st quarter valued at about $41,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Coca Cola Femsa in the 4th quarter valued at about $43,000. Finally, CWM LLC raised its holdings in shares of Coca Cola Femsa by 19.7% in the 2nd quarter. CWM LLC now owns 722 shares of the company's stock valued at $70,000 after purchasing an additional 119 shares during the period.

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.