Should I buy or sell Fomento Económico Mexicano stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fomento Económico Mexicano in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" FMX shares. View FMX analyst ratings or view top-rated stocks .

What is Fomento Económico Mexicano's stock price target for 2024?

6 brokerages have issued 1 year price targets for Fomento Económico Mexicano's stock. Their FMX share price targets range from $110.00 to $135.00. On average, they anticipate the company's stock price to reach $125.20 in the next twelve months. This suggests that the stock has a possible downside of 1.3%. View analysts price targets for FMX or view top-rated stocks among Wall Street analysts .

How have FMX shares performed in 2023?

Fomento Económico Mexicano's stock was trading at $78.12 at the beginning of 2023. Since then, FMX stock has increased by 62.5% and is now trading at $126.91. View the best growth stocks for 2023 here .

Are investors shorting Fomento Económico Mexicano?

Fomento Económico Mexicano saw a drop in short interest during the month of October. As of October 31st, there was short interest totaling 1,040,000 shares, a drop of 7.1% from the October 15th total of 1,120,000 shares. Based on an average daily volume of 613,600 shares, the short-interest ratio is currently 1.7 days. Currently, 0.5% of the company's shares are short sold. View Fomento Económico Mexicano's Short Interest .

When is Fomento Económico Mexicano's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, February 23rd 2024. View our FMX earnings forecast .

How were Fomento Económico Mexicano's earnings last quarter?

Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) announced its quarterly earnings results on Friday, October, 27th. The company reported $1.75 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.59. The business had revenue of $10.81 billion for the quarter, compared to analysts' expectations of $11.22 billion. Fomento Económico Mexicano had a net margin of 9.01% and a trailing twelve-month return on equity of 9.42%.

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

Fomento Económico Mexicano declared a semi-annual dividend on Wednesday, September 6th. Shareholders of record on Monday, November 6th will be paid a dividend of $1.0001 per share on Tuesday, November 7th. This represents a yield of 1.3%. The ex-dividend date is Friday, November 3rd. Read our dividend analysis for FMX .

Is Fomento Económico Mexicano a good dividend stock?

Fomento Económico Mexicano (NYSE:FMX) pays an annual dividend of $1.85 per share and currently has a dividend yield of 1.46%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 17.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FMX will have a dividend payout ratio of 36.13% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FMX .

What ETFs hold Fomento Económico Mexicano's stock?

ETFs with the largest weight of Fomento Económico Mexicano (NYSE:FMX) stock in their portfolio include AdvisorShares Dorsey Wright ADR ETF (AADR) , Amplify International Enhanced Dividend Income ETF (IDVO) , Putnam PanAgora ESG Emerging Markets Equity ETF (PPEM) , Pacer Emerging Markets Cash Cows 100 ETF (ECOW) and Distillate International Fundamental Stability & Value ETF (DSTX) . Global X Emerging Markets Great Consumer ETF (EMC) .

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.

What other stocks do shareholders of Fomento Económico Mexicano own?

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

Who are Fomento Económico Mexicano's major shareholders?

Fomento Económico Mexicano's stock is owned by many different retail and institutional investors. Top institutional shareholders include First Eagle Investment Management LLC (0.00%), Royal Bank of Canada (0.00%), abrdn plc (0.00%), Allspring Global Investments Holdings LLC (0.00%), Baillie Gifford & Co. (0.00%) and Schroder Investment Management Group (0.00%).

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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

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

$126.91

+0.02 (+0.02%)

(As of 12/1/2023 ET)

Compare

Today's Range: $126.18
▼
$127.74
50-Day Range: $100.32
▼
$127.20
52-Week Range: $74.90
▼
$128.63

Volume: 322,431 shs
Average Volume: 596,537 shs
Market Capitalization: N/A

P/E Ratio: 11.87
Dividend Yield: 1.46%
Price Target: $125.20

Fomento Económico Mexicano MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 1.3% Downside
$125.20 Price Target
Short Interest: Healthy
0.46% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.27
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -10.02%
From $5.69 to $5.12 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.85 out of 5 stars

Consumer Staples Sector

96th out of 136 stocks

Bottled & Canned Soft Drinks Industry

5th out of 9 stocks

1.3

Analyst's Opinion

Consensus Rating
Fomento Económico Mexicano has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $125.20, Fomento Económico Mexicano has a forecasted downside of 1.3% from its current price of $126.91.
Amount of Analyst Coverage
Fomento Económico Mexicano has only been the subject of 2 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
0.46% of the float of Fomento Económico Mexicano has been sold short.
Short Interest Ratio / Days to Cover
Fomento Económico Mexicano has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Fomento Económico Mexicano has recently decreased by 3.85%, indicating that investor sentiment is improving.

2.5

Dividend Strength

Dividend Yield
Fomento Económico Mexicano pays a meaningful dividend of 1.46%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Fomento Económico Mexicano has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Fomento Económico Mexicano is 17.31%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Fomento Económico Mexicano will have a dividend payout ratio of 36.13% next year. This indicates that Fomento Económico Mexicano will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FMX.

2.4

News and Social Media Coverage

News Sentiment
Fomento Económico Mexicano has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Fomento Económico Mexicano this week, compared to 2 articles on an average week.
Search Interest
4 people have searched for FMX on MarketBeat in the last 30 days.
MarketBeat Follows
6 people have added Fomento Económico Mexicano to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Fomento Económico Mexicano insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 5.68% of the stock of Fomento Económico Mexicano is held by insiders.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Fomento Económico Mexicano are expected to decrease by -10.02% in the coming year, from $5.69 to $5.12 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Fomento Económico Mexicano is 11.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.70.
Price to Earnings Ratio vs. Sector
The P/E ratio of Fomento Económico Mexicano is 11.87, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 19.70.
Price to Earnings Growth Ratio
Fomento Económico Mexicano has a PEG Ratio of 0.99. PEG Ratios around 1 indicate that a company is correctly valued.
Price to Book Value per Share Ratio
Fomento Económico Mexicano has a P/B Ratio of 2.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

30 days | 90 days | 365 days | Advanced Chart

FMX Stock News Headlines

November 9, 2023 | marketbeat.com

Coca-Cola EuroPacific Partners is a tasty play on Coke (FMX)

Coca-Cola EuroPacific Partners offers emerging market exposure while trading at a discount to its parent and paying a higher yield.

November 30, 2023 | morningstar.com

Fomento Economico Mexicano SAB de CV Cedear

December 2, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 27, 2023 | msn.com

Fomento Economico Mexicano S.A.B. de C.V. - ADR (FMX) Price Target Increased by 10.11% to 127.40

November 24, 2023 | finance.yahoo.com

Can Strategic Pricing Augment Boston Beer's (SAM) Positioning?

November 9, 2023 | finance.yahoo.com

FEMSA ANNOUNCES FINAL RESULTS OF ITS PREVIOUSLY ANNOUNCED TENDER OFFER FOR ITS OUTSTANDING NOTES DUE 2043

November 6, 2023 | finance.yahoo.com

FEMSA ANNOUNCES EXPIRATION AND EXPIRATION DATE RESULTS OF ITS PREVIOUSLY ANNOUNCED TENDER OFFER FOR ITS OUTSTANDING NOTES DUE 2043

November 6, 2023 | finance.yahoo.com

FEMSA ANNOUNCES THE OFFER CONSIDERATION FOR ITS PREVIOUSLY ANNOUNCED TENDER OFFER FOR ITS OUTSTANDING NOTES DUE 2043

December 2, 2023 | DTI Trader (Ad)

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November 3, 2023 | investing.com

Fomento Economico Mexicano SAB de CV (FMX)

November 2, 2023 | finance.yahoo.com

Fomento Economico Mexicano SAB de CV's Dividend Analysis

October 31, 2023 | finanznachrichten.de

Fomento Economico Mexicano: Envoy Solutions and BradyIFS successfully complete transaction

October 31, 2023 | finance.yahoo.com

FEMSA ANNOUNCES COMMENCEMENT OF CASH TENDER OFFER FOR ITS OUTSTANDING NOTES DUE 2043

October 30, 2023 | finance.yahoo.com

FEMSA (FMX) Q3 Earnings Beat, Revenues Lag Estimates

October 29, 2023 | finance.yahoo.com

Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) Q3 2023 Earnings Call Transcript

October 27, 2023 | finanznachrichten.de

Fomento Economico Mexicano: FEMSA Announces Third Quarter 2023 Results

October 27, 2023 | finance.yahoo.com

FEMSA Announces Third Quarter 2023 Results

October 16, 2023 | finance.yahoo.com

FEMSA Schedules Conference Call to Discuss Third Quarter Financial Results

October 12, 2023 | finance.yahoo.com

3 Retail Stocks Ready to Rally Into Year-End

October 6, 2023 | finance.yahoo.com

3 Must-Buy Stocks for the Coming Mexico Boom

September 22, 2023 | finanznachrichten.de

Fomento Economico Mexicano: FEMSA Forward Focused Leadership in Retail & Beverages

September 22, 2023 | finance.yahoo.com

FEMSA Forward Focused Leadership in Retail & Beverages

August 30, 2023 | finance.yahoo.com

Bull of the Day: Fomento Economico Mexicano (FMX)

August 29, 2023 | finance.yahoo.com

Mexico’s Femsa Sells $1.7 Billion Stake in Envoy in Latest Divestment

August 29, 2023 | finance.yahoo.com

BradyIFS and Envoy Solutions come together to create a compelling new platform

August 29, 2023 | finanznachrichten.de

Fomento Economico Mexicano: BradyIFS and Envoy Solutions come together to create a compelling new platform

August 29, 2023 | finance.yahoo.com

Molson Coors (TAP) Stays on Growth Track Amid Inflation Woes

See More Headlines

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Company Calendar

Last Earnings: 10/27/2023
Ex-Dividend for 11/7 Dividend: 11/03/2023
Dividend Payable: 11/07/2023
Today: 12/02/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/23/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Bottled & canned soft drinks
Sub-Industry: N/A
Sector: Consumer Staples
Current Symbol: NYSE:FMX
CUSIP: N/A
CIK: 1061736
Web: www.femsa.com
Phone: 528183286000
Fax: 01 81 83286080
Employees: 354,309
Year Founded: 1993

Price Target and Rating

Average Stock Price Target: $125.20
High Stock Price Target: $135.00
Low Stock Price Target: $110.00
Potential Upside/Downside: -1.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $10.69
Trailing P/E Ratio: 11.87
Forward P/E Ratio: 22.30
P/E Growth: 0.99
Net Income: $1.23 billion
Net Margins: 9.01%
Pretax Margin: 9.28%
Return on Equity: 9.42%
Return on Assets: 4.22%

Debt

Debt-to-Equity Ratio: 0.35
Current Ratio: 1.93
Quick Ratio: 1.64

Sales & Book Value

Annual Sales: $33.49 billion
Price / Sales: N/A
Cash Flow: $7.82 per share
Price / Cash Flow: 16.23
Book Value: $48.43 per share
Price / Book: 2.62

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Optionable
Beta: 0.91

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Key Executives

Mr. Jose Antonio Vicente Fernandez Carbajal (Age 69)
Executive Chairman of the Board & CEO
Mr. Eugenio Garza Y. Garza (Age 52)
Chief Corporate Financial Officer, Director of Finance & Corporate Development
Mr. Gerardo Estrada Attolini (Age 66)
Vice President of Administration & Corporate Control
Mr. Juan F. Fonseca
Vice President of Investor Relations
Mr. Raymundo Yutani Vela
Vice President of Human Resources
Mr. Alfonso Garza Garza (Age 61)
CEO of Negocios Estratégicos & Director
Mr. Francisco Camacho Beltrán (Age 58)
Chief Corporate Officer
Mr. Jose Antonio Fernandez Garza-Laguera
Chief Executive Officer of Digital Division
Mr. Carlos Arenas Cadena (Age 61)
Chief Executive Officer of Proximity Division
Mr. Daniel Belaunde Arnillas (Age 50)
Chief Executive Officer of Health Division

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

Should I Buy Fomento Económico Mexicano Stock? FMX Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Fomento Económico Mexicano was last updated on Tuesday, November 28, 2023 at 9:25 AM.

Pros

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

Fomento Económico Mexicano, S.A.B. de C.V. operates as a bottler of Coca-Cola trademark beverages, which is a well-established and globally recognized brand in the beverage industry.
The company has a strong presence in multiple countries, including Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay, providing diversification and potential for growth in different markets.
Fomento Económico Mexicano, S.A.B. de C.V. also operates small-box retail chain stores under the OXXO name, which have a wide customer base and contribute to the company's revenue streams.
The company is involved in various sectors, including retail, fuel stations, drugstores, and production and distribution of collers and commercial refrigeration equipment, providing multiple sources of income and potential for synergies among its businesses.
Recent developments and financial performance of Fomento Económico Mexicano, S.A.B. de C.V. indicate positive growth and profitability, which may attract investors looking for potential returns.

Cons

Investors should be bearish about investing in Fomento Económico Mexicano, S.A.B. de C.V. for these reasons:

The bottled and canned soft drinks industry, in which Fomento Económico Mexicano, S.A.B. de C.V. operates, is highly competitive, and the company may face challenges in maintaining market share and profitability.
Fluctuations in currency exchange rates, particularly in the countries where the company operates, may impact Fomento Económico Mexicano, S.A.B. de C.V.'s financial performance and earnings.
The company's operations in multiple countries expose it to geopolitical and economic risks, including changes in government regulations, political instability, and economic downturns in specific regions.
Investors should consider the current stock price of Fomento Económico Mexicano, S.A.B. de C.V. and evaluate whether it aligns with their investment goals and risk tolerance.
It is important for investors to closely monitor the company's financial statements, quarterly reports, and any updates on its business strategies to make informed investment decisions.

FMX Stock Analysis - Frequently Asked Questions

Should I buy or sell Fomento Económico Mexicano stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fomento Económico Mexicano in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" FMX shares.
View FMX analyst ratings or view top-rated stocks.
What is Fomento Económico Mexicano's stock price target for 2024?: 6 brokerages have issued 1 year price targets for Fomento Económico Mexicano's stock. Their FMX share price targets range from $110.00 to $135.00. On average, they anticipate the company's stock price to reach $125.20 in the next twelve months. This suggests that the stock has a possible downside of 1.3%.
View analysts price targets for FMX or view top-rated stocks among Wall Street analysts.
How have FMX shares performed in 2023?: Fomento Económico Mexicano's stock was trading at $78.12 at the beginning of 2023. Since then, FMX stock has increased by 62.5% and is now trading at $126.91.
View the best growth stocks for 2023 here.
Are investors shorting Fomento Económico Mexicano?: Fomento Económico Mexicano saw a drop in short interest during the month of October. As of October 31st, there was short interest totaling 1,040,000 shares, a drop of 7.1% from the October 15th total of 1,120,000 shares. Based on an average daily volume of 613,600 shares, the short-interest ratio is currently 1.7 days. Currently, 0.5% of the company's shares are short sold.
View Fomento Económico Mexicano's Short Interest.
When is Fomento Económico Mexicano's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, February 23rd 2024.
View our FMX earnings forecast.
How were Fomento Económico Mexicano's earnings last quarter?: Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) announced its quarterly earnings results on Friday, October, 27th. The company reported $1.75 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.59. The business had revenue of $10.81 billion for the quarter, compared to analysts' expectations of $11.22 billion. Fomento Económico Mexicano had a net margin of 9.01% and a trailing twelve-month return on equity of 9.42%.
How often does Fomento Económico Mexicano pay dividends? What is the dividend yield for Fomento Económico Mexicano?: Fomento Económico Mexicano declared a semi-annual dividend on Wednesday, September 6th. Shareholders of record on Monday, November 6th will be paid a dividend of $1.0001 per share on Tuesday, November 7th. This represents a yield of 1.3%. The ex-dividend date is Friday, November 3rd.
Read our dividend analysis for FMX.

Is Fomento Económico Mexicano a good dividend stock?: Fomento Económico Mexicano (NYSE:FMX) pays an annual dividend of $1.85 per share and currently has a dividend yield of 1.46%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 17.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FMX will have a dividend payout ratio of 36.13% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FMX.
What ETFs hold Fomento Económico Mexicano's stock?: ETFs with the largest weight of Fomento Económico Mexicano (NYSE:FMX) stock in their portfolio include AdvisorShares Dorsey Wright ADR ETF (AADR), Amplify International Enhanced Dividend Income ETF (IDVO), Putnam PanAgora ESG Emerging Markets Equity ETF (PPEM), Pacer Emerging Markets Cash Cows 100 ETF (ECOW) and Distillate International Fundamental Stability & Value ETF (DSTX).Global X Emerging Markets Great Consumer ETF (EMC).
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.
What other stocks do shareholders of Fomento Económico Mexicano own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Fomento Económico Mexicano investors own include PayPal (PYPL), SEA (SE), Verizon Communications (VZ), Alibaba Group (BABA), Pfizer (PFE), Invesco QQQ (QQQ), Mastercard (MA), Netflix (NFLX), Tesla (TSLA) and Broadcom (AVGO).
Who are Fomento Económico Mexicano's major shareholders?: Fomento Económico Mexicano's stock is owned by many different retail and institutional investors. Top institutional shareholders include First Eagle Investment Management LLC (0.00%), Royal Bank of Canada (0.00%), abrdn plc (0.00%), Allspring Global Investments Holdings LLC (0.00%), Baillie Gifford & Co. (0.00%) and Schroder Investment Management Group (0.00%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:FMX) was last updated on 12/2/2023 by MarketBeat.com Staff

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

Fomento Económico Mexicano MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Fomento Económico Mexicano Stock (NYSE:FMX)

FMX Stock Price History

FMX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

Should I Buy Fomento Económico Mexicano Stock? FMX Pros and Cons Explained

Pros

Cons

FMX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™