Fomento Economico Mexicano (FMX) Projected to Post Quarterly Earnings on Wednesday

Fomento Economico Mexicano (NYSE:FMX - Get Free Report) is projected to post its Q2 2025 quarterly earnings results before the market opens on Wednesday, July 23rd. Analysts expect Fomento Economico Mexicano to post earnings of $1.07 per share and revenue of $216.71 billion for the quarter.

Fomento Economico Mexicano (NYSE:FMX - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The company reported $0.45 earnings per share for the quarter, missing analysts' consensus estimates of $0.52 by ($0.07). The company had revenue of $9.65 billion for the quarter, compared to analysts' expectations of $194.75 billion. Fomento Economico Mexicano had a net margin of 3.98% and a return on equity of 7.86%. On average, analysts expect Fomento Economico Mexicano to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Fomento Economico Mexicano Stock Performance

Shares of FMX traded up $2.46 during trading hours on Thursday, reaching $99.80. 232,471 shares of the company traded hands, compared to its average volume of 592,919. Fomento Economico Mexicano has a 12-month low of $81.08 and a 12-month high of $119.18. The company has a quick ratio of 1.31, a current ratio of 1.64 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $35.71 billion, a P/E ratio of 22.31, a P/E/G ratio of 3.09 and a beta of 0.65. The business has a fifty day moving average price of $103.90 and a 200-day moving average price of $97.11.

Fomento Economico Mexicano Increases Dividend

The business also recently declared a -- dividend, which will be paid on Monday, July 28th. Investors of record on Thursday, July 17th will be given a dividend of $1.3625 per share. This represents a dividend yield of 2%. The ex-dividend date of this dividend is Thursday, July 17th. This is an increase from Fomento Economico Mexicano's previous -- dividend of $0.73. Fomento Economico Mexicano's dividend payout ratio is 49.22%.

Institutional Investors Weigh In On Fomento Economico Mexicano

A hedge fund recently raised its stake in Fomento Economico Mexicano stock. AQR Capital Management LLC lifted its holdings in Fomento Economico Mexicano S.A.B. de C.V. (NYSE:FMX - Free Report) by 19.0% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 6,072 shares of the company's stock after buying an additional 969 shares during the quarter. AQR Capital Management LLC's holdings in Fomento Economico Mexicano were worth $593,000 as of its most recent filing with the SEC. 61.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have commented on FMX. Wall Street Zen downgraded shares of Fomento Economico Mexicano from a "buy" rating to a "hold" rating in a report on Wednesday, April 30th. Barclays raised their price target on shares of Fomento Economico Mexicano from $102.00 to $108.00 and gave the company an "equal weight" rating in a research report on Monday, May 12th. Itau BBA Securities raised shares of Fomento Economico Mexicano from a "market perform" rating to an "outperform" rating in a research report on Monday, April 7th. Finally, UBS Group raised their price target on shares of Fomento Economico Mexicano from $112.00 to $115.00 and gave the company a "neutral" rating in a research report on Thursday, July 10th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $107.45.

About Fomento Economico Mexicano

Fomento Económico Mexicano, SAB. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. The company produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay.