NYSE:FMX - Fomento Economico Mexicano SAB Stock Price, News, & Analysis

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$96.45 +0.84 (+0.88 %)
(As of 08/19/2018 07:38 AM ET)
Previous Close$96.45
Today's Range$95.15 - $97.19
52-Week Range$80.86 - $102.36
Volume617,352 shs
Average Volume470,489 shs
Market Capitalization$34.21 billion
P/E Ratio16.00
Dividend Yield1.50%
Beta0.58
Fomento Economico Mexicano SAB logoFomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages and a chain of small-format stores. The company produces, markets, distributes, and sells Coca-Cola trademark beverages, including sparkling beverages, such as colas and flavored sparkling beverages; and waters and still beverages comprising juice, coffee, tea, milk, value-added dairy, sports, energy, and plant-based drinks. It also operates small-box retail chain stores in Mexico, Colombia, and the United States under the OXXO and Big John names; retail service stations for fuels, motor oils, lubricants, and car care products in Mexico under the OXXO GAS name; and drugstores in Chile, Colombia, and Mexico under the Cruz Verde, YZA, La Moderna, and Farmacon names. In addition, the company engages in the production and distribution of coolers, commercial refrigeration equipment, and plastic cases, as well as food processing, preservation, and weighing equipment; and provision of logistic transportation and maintenance, point-of-sale refrigeration, and plastics solutions. As of December 31, 2017, it operated 16,526 OXXO small-format stores in Mexico and Colombia, and 51 stores in Chile; 1,123 points of sale in Mexico, 882 in Chile, and 220 in Colombia; and 452 service stations in Mexico. Fomento Económico Mexicano, S.A.B. de C.V. was founded in 1890 and is headquartered in Monterrey, Mexico.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Bottled & canned soft drinks
Sub-IndustryN/A
SectorConsumer Staples
SymbolNYSE:FMX
CUSIPN/A
Phone52-81-8328-6000

Debt

Debt-to-Equity Ratio0.37
Current Ratio1.49
Quick Ratio1.17

Price-To-Earnings

Trailing P/E Ratio16.00
Forward P/E Ratio25.52
P/E Growth1.85

Sales & Book Value

Annual Sales$24.42 billion
Price / Sales1.41
Cash Flow$8.8730 per share
Price / Cash10.87
Book Value$47.94 per share
Price / Book2.01

Profitability

EPS (Most Recent Fiscal Year)$6.03
Net Income$2.16 billion
Net Margins9.31%
Return on Equity13.91%
Return on Assets7.75%

Miscellaneous

Employees266,144
Outstanding Shares357,820,000
Market Cap$34.21 billion

Fomento Economico Mexicano SAB (NYSE:FMX) Frequently Asked Questions

What is Fomento Economico Mexicano SAB's stock symbol?

Fomento Economico Mexicano SAB trades on the New York Stock Exchange (NYSE) under the ticker symbol "FMX."

How often does Fomento Economico Mexicano SAB pay dividends? What is the dividend yield for Fomento Economico Mexicano SAB?

Fomento Economico Mexicano SAB declared a dividend on Wednesday, April 4th. Stockholders of record on Thursday, May 3rd will be given a dividend of $0.756 per share on Thursday, May 3rd. The ex-dividend date of this dividend is Wednesday, May 2nd. This is a positive change from Fomento Economico Mexicano SAB's previous dividend of $0.68. View Fomento Economico Mexicano SAB's Dividend History.

How were Fomento Economico Mexicano SAB's earnings last quarter?

Fomento Economico Mexicano SAB (NYSE:FMX) announced its quarterly earnings results on Friday, July, 27th. The company reported $1.25 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.98 by $0.27. The business had revenue of $6.45 billion for the quarter, compared to analysts' expectations of $6.36 billion. Fomento Economico Mexicano SAB had a net margin of 9.31% and a return on equity of 13.91%. View Fomento Economico Mexicano SAB's Earnings History.

When is Fomento Economico Mexicano SAB's next earnings date?

Fomento Economico Mexicano SAB is scheduled to release their next quarterly earnings announcement on Thursday, October, 25th 2018. View Earnings Estimates for Fomento Economico Mexicano SAB.

What price target have analysts set for FMX?

5 brokerages have issued 12 month target prices for Fomento Economico Mexicano SAB's shares. Their forecasts range from $114.00 to $120.00. On average, they anticipate Fomento Economico Mexicano SAB's share price to reach $117.00 in the next year. This suggests a possible upside of 21.3% from the stock's current price. View Analyst Price Targets for Fomento Economico Mexicano SAB.

What is the consensus analysts' recommendation for Fomento Economico Mexicano SAB?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fomento Economico Mexicano SAB in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Fomento Economico Mexicano SAB.

Are investors shorting Fomento Economico Mexicano SAB?

Fomento Economico Mexicano SAB saw a decline in short interest in the month of July. As of July 13th, there was short interest totalling 647,298 shares, a decline of 33.7% from the June 29th total of 975,720 shares. Based on an average trading volume of 576,426 shares, the days-to-cover ratio is currently 1.1 days. View Fomento Economico Mexicano SAB's Current Options Chain.

Who are some of Fomento Economico Mexicano SAB's key competitors?

Who are Fomento Economico Mexicano SAB's key executives?

Fomento Economico Mexicano SAB's management team includes the folowing people:
  • Mr. José Antonio Vicente Fernández Carbajal, Exec. Chairman (Age 64)
  • Mr. Javier Gerardo Astaburuaga Sanjines, VP of Corp. Devel. & Director (Age 59)
  • Mr. Miguel Eduardo Padilla Silva, Chief Exec. Officer (Age 63)
  • Mr. José González Ornelas, VP of Admin. & Corp. Control (Age 67)
  • Mr. Carlos Eduardo Aldrete Ancira, Gen. Counsel & Sec. (Age 62)

Has Fomento Economico Mexicano SAB been receiving favorable news coverage?

Press coverage about FMX stock has been trending somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Fomento Economico Mexicano SAB earned a news and rumor sentiment score of 0.23 on Accern's scale. They also assigned press coverage about the company an impact score of 48.16 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View Recent Headlines for Fomento Economico Mexicano SAB.

Who are Fomento Economico Mexicano SAB's major shareholders?

Fomento Economico Mexicano SAB's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Standard Life Aberdeen plc (3.32%), Vontobel Asset Management Inc. (2.01%), OppenheimerFunds Inc. (0.96%), Morgan Stanley (0.68%), Wells Fargo & Company MN (0.53%) and Janus Henderson Group PLC (0.48%).

Which institutional investors are selling Fomento Economico Mexicano SAB stock?

FMX stock was sold by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, Morgan Stanley, FMR LLC, Dimensional Fund Advisors LP, Hexavest Inc., Renaissance Technologies LLC, USS Investment Management Ltd and OppenheimerFunds Inc..

Which institutional investors are buying Fomento Economico Mexicano SAB stock?

FMX stock was purchased by a variety of institutional investors in the last quarter, including Vontobel Asset Management Inc., Fiera Capital Corp, Janus Henderson Group PLC, Coronation Fund Managers Ltd., Sarasin & Partners LLP, Acadian Asset Management LLC, BlackRock Inc. and Millennium Management LLC.

How do I buy shares of Fomento Economico Mexicano SAB?

Shares of FMX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Fomento Economico Mexicano SAB's stock price today?

One share of FMX stock can currently be purchased for approximately $96.45.

How big of a company is Fomento Economico Mexicano SAB?

Fomento Economico Mexicano SAB has a market capitalization of $34.21 billion and generates $24.42 billion in revenue each year. The company earns $2.16 billion in net income (profit) each year or $6.03 on an earnings per share basis. Fomento Economico Mexicano SAB employs 266,144 workers across the globe.

How can I contact Fomento Economico Mexicano SAB?

Fomento Economico Mexicano SAB's mailing address is GENERAL ANAYA NO 601 PTE COLONIA BELLA VISTA, MONTERREY O5, 64410. The company can be reached via phone at 52-81-8328-6000 or via email at [email protected]


MarketBeat Community Rating for Fomento Economico Mexicano SAB (NYSE FMX)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  191 (Vote Outperform)
Underperform Votes:  175 (Vote Underperform)
Total Votes:  366
MarketBeat's community ratings are surveys of what our community members think about Fomento Economico Mexicano SAB and other stocks. Vote "Outperform" if you believe FMX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FMX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/19/2018 by MarketBeat.com Staff

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