Fomento Economico Mexicano (FMX) to Release Earnings on Monday

Fomento Economico Mexicano (NYSE:FMX - Get Free Report) is anticipated to post its Q2 2025 quarterly earnings results before the market opens on Monday, July 28th. 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 posted its quarterly earnings results on Monday, April 28th. The company reported $0.45 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.07). Fomento Economico Mexicano had a net margin of 3.98% and a return on equity of 7.86%. The business had revenue of $9.65 billion during the quarter, compared to the consensus estimate of $194.75 billion. 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 Down 0.9%

Shares of Fomento Economico Mexicano stock traded down $0.89 on Friday, reaching $99.40. The stock had a trading volume of 405,251 shares, compared to its average volume of 599,199. The stock has a market capitalization of $35.56 billion, a P/E ratio of 22.24, a P/E/G ratio of 3.16 and a beta of 0.65. Fomento Economico Mexicano has a 1 year low of $81.08 and a 1 year 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 company has a 50 day moving average price of $103.82 and a 200 day moving average price of $97.31.

Fomento Economico Mexicano Increases Dividend

The business also recently announced a -- dividend, which will be paid on Monday, July 28th. Shareholders of record on Thursday, July 17th will be given a dividend of $1.3625 per share. This represents a yield of 2%. The ex-dividend date is Thursday, July 17th. This is an increase from Fomento Economico Mexicano's previous -- dividend of $0.73. Fomento Economico Mexicano's payout ratio is currently 49.44%.

Institutional Investors Weigh In On Fomento Economico Mexicano

An institutional investor recently raised its position in Fomento Economico Mexicano stock. AQR Capital Management LLC raised its stake in Fomento Economico Mexicano S.A.B. de C.V. (NYSE:FMX - Free Report) by 19.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (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 at the end of the most recent quarter. 61.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

FMX has been the subject of several research reports. UBS Group lifted their price objective on shares of Fomento Economico Mexicano from $112.00 to $115.00 and gave the company a "neutral" rating in a research note on Thursday, July 10th. Barclays boosted their target price on shares of Fomento Economico Mexicano from $102.00 to $108.00 and gave the company an "equal weight" rating in a research note on Monday, May 12th. Itau BBA Securities upgraded shares of Fomento Economico Mexicano from a "market perform" rating to an "outperform" rating in a research note on Monday, April 7th. Finally, Wall Street Zen cut shares of Fomento Economico Mexicano from a "buy" rating to a "hold" rating in a research note on Wednesday, April 30th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, Fomento Economico Mexicano currently has a consensus rating of "Hold" and a consensus target price of $107.45.

Fomento Economico Mexicano Company Profile

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.