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NYSE:FMX

Fomento Económico Mexicano (FMX) Stock Price, News & Analysis

$109.62
+1.35 (+1.25%)
(As of 07/26/2024 ET)
Today's Range
$107.78
$110.06
50-Day Range
$105.50
$118.80
52-Week Range
$99.24
$143.43
Volume
506,496 shs
Average Volume
698,106 shs
Market Capitalization
$39.22 billion
P/E Ratio
29.71
Dividend Yield
0.48%
Price Target
$139.50

Fomento Económico Mexicano MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
27.3% Upside
$139.50 Price Target
Short Interest
Bearish
1.51% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.88mentions of Fomento Económico Mexicano in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.78%
From $5.38 to $5.96 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.

2.87 out of 5 stars

Consumer Staples Sector

87th out of 136 stocks

Bottled & Canned Soft Drinks Industry

5th out of 8 stocks

FMX stock logo

About Fomento Económico Mexicano Stock (NYSE:FMX)

Fomento Económico Mexicano, S.A.B. 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. It also operates small-box retail chain stores in Mexico, Colombia, Peru, Chile, and Brazil under the OXXO name; retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS name in Mexico; and drugstores in Chile, Colombia, Ecuador, and Mexico under the Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon names. In addition, the company is involved in the production and distribution of collers, commercial refrigeration equipment, plastic boxes, food processing, and preservation and weighing equipment; and provision of logistic transportation, distribution and maintenance, point-of-sale refrigeration, and plastics solutions, as well as distribution platform for cleaning products and consumables. Further, it operates small-box retail and food convenience chain stores in Switzerland, Germany, Austria, Luxembourg, and the Netherlands under the k kiosk, Brezelkönig, BackWerk, Ditsch, Press & Books, avec, Caffè Spettacolo, and ok.) names, as well as pretzels under the Ditsch name. The company was founded in 1890 and is based in Monterrey, Mexico.

FMX Stock Price History

FMX Stock News Headlines

Fomento Economico Mexicano reports Q2 results
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
FEMSA Announces Second Quarter 2024 Results
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
FEMSA ANNOUNCES COMMENCEMENT OF TENDER OFFER
See More Headlines
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Company Calendar

Last Earnings
4/26/2018
Ex-Dividend for 4/29 Dividend
4/16/2024
Dividend Payable
4/29/2024
Ex-Dividend for 7/29 Dividend
7/17/2024
Today
7/26/2024
Dividend Payable
7/29/2024
Next Earnings (Estimated)
10/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Bottled & canned soft drinks
Sub-Industry
Candy & Soda
Employees
369,367
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$139.50
High Stock Price Target
$152.00
Low Stock Price Target
$127.00
Potential Upside/Downside
+27.3%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
$3.89 billion
Pretax Margin
8.23%

Debt

Sales & Book Value

Annual Sales
$41.58 billion
Cash Flow
$11.13 per share
Book Value
$62.58 per share

Miscellaneous

Free Float
337,463,000
Market Cap
$39.22 billion
Optionable
Optionable
Beta
0.94

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Key Executives

  • Mr. Jose Antonio Vicente Fernandez Carbajal (Age 70)
    Executive Chairman of the Board & CEO
  • Mr. Eugenio Garza Y. Garza (Age 53)
    Chief Corporate Financial Officer, Director of Finance & Corporate Development
  • Mr. Gerardo Estrada Attolini (Age 67)
    Director of Administration & Corporate Control
  • Mr. Juan F. Fonseca
    Vice President of Investor Relations
  • Mr. Raymundo Yutani Vela
    Director of Human Resources
  • Mr. Alfonso Garza Garza (Age 62)
    CEO of Negocios Estratégicos & Director
  • Mr. Francisco Camacho Beltran (Age 59)
    Chief Corporate Officer
  • Mr. Jose Antonio Fernandez Garza-Laguera
    Chief Executive Officer of Proximity & Health Division
  • Mr. Constantino Spas Montesinos (Age 54)
    Chief Executive Officer of Strategic Business
  • Mr. Ian Marcel Craig García (Age 52)
    Chief Executive Officer of Coca-Cola

FMX Stock Analysis - Frequently Asked Questions

How have FMX shares performed this year?

Fomento Económico Mexicano's stock was trading at $130.35 on January 1st, 2024. Since then, FMX stock has decreased by 15.9% and is now trading at $109.62.
View the best growth stocks for 2024 here
.

How were Fomento Económico Mexicano's earnings last quarter?

Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) released its quarterly earnings data on Thursday, April, 26th. The company reported $0.22 EPS for the quarter, missing analysts' consensus estimates of $0.55 by $0.33. The firm had revenue of $6.15 billion for the quarter, compared to analysts' expectations of $6.26 billion. Fomento Económico Mexicano had a net margin of 3.75% and a trailing twelve-month return on equity of 8.51%.

What is José A. Fernández Carbajal's approval rating as Fomento Económico Mexicano's CEO?

49 employees have rated Fomento Económico Mexicano Chief Executive Officer José A. Fernández Carbajal on Glassdoor.com. José A. Fernández Carbajal has an approval rating of 93% among the company's employees. This puts José A. Fernández Carbajal in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are Fomento Económico Mexicano's major shareholders?

Fomento Económico Mexicano's top institutional investors include Baillie Gifford & Co. (1.09%), Allspring Global Investments Holdings LLC (0.47%), LA Financiere DE L Echiquier (0.22%) and Northcape Capital Pty Ltd (0.10%).

How do I buy shares of Fomento Económico Mexicano?

Shares of FMX 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 Fomento Económico Mexicano own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Fomento Económico Mexicano investors own include PayPal (PYPL), SEA (SE), Verizon Communications (VZ), Alibaba Group (BABA), Pfizer (PFE), Invesco QQQ (QQQ) and Mastercard (MA).

This page (NYSE:FMX) was last updated on 7/27/2024 by MarketBeat.com Staff

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