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NYSE:AMX

América Móvil (AMX) Stock Price, News & Analysis

$16.89
-0.21 (-1.23%)
(As of 07/26/2024 ET)
Today's Range
$16.87
$17.15
50-Day Range
$16.77
$19.83
52-Week Range
$15.99
$21.61
Volume
1.17 million shs
Average Volume
1.51 million shs
Market Capitalization
$52.44 billion
P/E Ratio
15.64
Dividend Yield
1.60%
Price Target
$21.65

América Móvil MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
28.2% Upside
$21.65 Price Target
Short Interest
Healthy
0.21% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.36mentions of América Móvil in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
25.52%
From $1.45 to $1.82 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.32 out of 5 stars

Computer And Technology Sector

145th out of 612 stocks

Telephone Communication, Except Radio Industry

6th out of 19 stocks

AMX stock logo

About América Móvil Stock (NYSE:AMX)

América Móvil, S.A.B. 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 also 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. In addition, the company offers residential broadband services; IT solutions to small businesses and large corporations; and cable and satellite television subscriptions. Further, it sells equipment, accessories, and computers; and offers telephone directories, wireless security, call center, advertising, media, and software development services. Additionally, the company provides video, audio, and other media content through the Internet directly from the content provider to the end user. It sells its products and services under the Telcel, Telmex Infinitum, and A1 brands through a network of retailers and service centers to retail customers; and through sales force to corporate customers. América Móvil, S.A.B. de C.V. was incorporated in 2000 and is based in Mexico City, Mexico.

AMX Stock Price History

AMX Stock News Headlines

AMX Aug 2024 15.000 put
Obama wins Presidential debate
When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happen, that the 22nd Amendment makes it impossible. But as I explained on live radio years ago, “he could have a proxy… while he remains in control of the administration much like Putin did in Russia.”
Decoding 5 Analyst Evaluations For America Movil
Obama wins Presidential debate
When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happen, that the 22nd Amendment makes it impossible. But as I explained on live radio years ago, “he could have a proxy… while he remains in control of the administration much like Putin did in Russia.”
See More Headlines
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Company Calendar

Ex-Dividend for 7/22 Dividend
7/12/2024
Last Earnings
7/16/2024
Dividend Payable
7/22/2024
Today
7/26/2024
Next Earnings (Estimated)
10/15/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Telephone communication, except radio
Sub-Industry
N/A
Employees
176,083
Year Founded
2000

Price Target and Rating

Average Stock Price Target
$21.65
High Stock Price Target
$25.00
Low Stock Price Target
$17.50
Potential Upside/Downside
+26.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
$4.51 billion
Pretax Margin
12.89%

Debt

Sales & Book Value

Annual Sales
$46.07 billion
Cash Flow
$4.24 per share
Book Value
$7.99 per share

Miscellaneous

Outstanding Shares
3,105,000,000
Free Float
3,073,950,000
Market Cap
$53.00 billion
Optionable
Optionable
Beta
0.94

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Key Executives

  • Lic. Daniel Hajj AboumradLic. Daniel Hajj Aboumrad (Age 58)
    CEO & Director
  • Mr. Carlos Jose Garcia Moreno Elizondo Ph.D. (Age 67)
    Chief Financial Officer
  • Daniela Lecuona Torras (Age 42)
    Head of Investor Relations
  • Mr. J. D. Alejandro Cantú Jiménez (Age 52)
    General Counsel & Corporate Secretary
  • Mr. Oscar Von Hauske Solís CPA (Age 67)
    Chief Fixed Line Operations Officer & Director
  • Rafael Couttolenc Urrea
    Chief Wireless Operations Officer
  • Mr. Alfredo Parot Donoso
    Chief Executive Officer of Claro/VTR - Joint Venture
  • Yatira Lozada
    Deputy Chief Financial Officer
  • Mr. Thomas Arnoldner (Age 47)
    Chief Executive Officer of Telekom Austria
  • Carlos Cueto
    Chief Executive Officer of Dominican Republic

Should I Buy América Móvil Stock? AMX Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in América Móvil, S.A.B. de C.V.:

  • América Móvil's stock price has shown resilience, trading at $17.36 on the latest trading day, indicating stability in the market.
  • The company has a moderate buy consensus rating from analysts, suggesting positive sentiment towards its future performance.
  • América Móvil recently increased its semi-annual dividend from $0.18 to $0.2608 per share, offering a higher yield to investors.
  • Strong revenue generation with $11.98 billion reported in the latest quarter, showcasing the company's financial stability and growth potential.
  • América Móvil's return on equity of 13.93% indicates efficient utilization of shareholder funds to generate profits.

Cons

Investors should be bearish about investing in América Móvil, S.A.B. de C.V. for these reasons:

  • América Móvil missed earnings estimates in the latest quarter, reporting $0.25 EPS compared to the consensus of $0.42, signaling potential challenges in profitability.
  • The company's stock has a 12-month high of $22.26, which may indicate limited short-term growth potential based on historical performance.
  • Analysts predict América Móvil to post 1.45 earnings per share for the current fiscal year, which could be lower than expected, impacting investor confidence.
  • Debt-to-equity ratio of 0.81 may raise concerns about the company's leverage and financial risk management strategies.
  • América Móvil's stock has a beta of 0.94, suggesting lower volatility compared to the market, potentially limiting opportunities for aggressive investors.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, July 22, 2024. Please send any questions or comments about these América Móvil pros and cons to contact@marketbeat.com.

AMX Stock Analysis - Frequently Asked Questions

How have AMX shares performed this year?

América Móvil's stock was trading at $18.52 at the start of the year. Since then, AMX shares have decreased by 8.8% and is now trading at $16.89.
View the best growth stocks for 2024 here
.

How were América Móvil's earnings last quarter?

América Móvil, S.A.B. de C.V. (NYSE:AMX) released its quarterly earnings results on Tuesday, July, 16th. The Wireless communications provider reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by $0.36. The Wireless communications provider had revenue of $11.93 billion for the quarter, compared to the consensus estimate of $12.37 billion. América Móvil had a trailing twelve-month return on equity of 7.73% and a net margin of 3.98%.

What is Daniel Hajj Aboumrad's approval rating as América Móvil's CEO?

15 employees have rated América Móvil Chief Executive Officer Daniel Hajj Aboumrad on Glassdoor.com. Daniel Hajj Aboumrad has an approval rating of 93% among the company's employees. This puts Daniel Hajj Aboumrad in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Does América Móvil have any subsidiaries?

América Móvil subsidiaries include these companies: Nextel.

Who are América Móvil's major shareholders?

América Móvil's top institutional shareholders include Allspring Global Investments Holdings LLC (0.26%), TSP Capital Management Group LLC (0.02%), Raymond James & Associates (0.01%) and Bank of New York Mellon Corp.
View institutional ownership trends
.

How do I buy shares of América Móvil?

Shares of AMX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of América Móvil own?

Based on aggregate information from My MarketBeat watchlists, some other companies that América Móvil investors own include AT&T (T), Energy Transfer (ET), Intel (INTC), Pfizer (PFE), Alnylam Pharmaceuticals (ALNY), Ford Motor (F) and Walt Disney (DIS).

This page (NYSE:AMX) was last updated on 7/26/2024 by MarketBeat.com Staff

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