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

$91.35
+0.58 (+0.64 %)
(As of 12/8/2019 03:41 AM ET)
Today's Range
$90.88
Now: $91.35
$92.11
50-Day Range
$88.41
MA: $91.25
$93.13
52-Week Range
$80.86
Now: $91.35
$100.35
Volume402,806 shs
Average Volume360,317 shs
Market Capitalization$32.69 billion
P/E Ratio26.48
Dividend Yield1.63%
Beta0.6
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, including sparkling beverages; and waters, juices, coffee, tea, sports and energy drinks, and dairy and plant-based protein beverages. It also operates small-box retail chain stores in Mexico, Colombia, the United States, and Chile under the OXXO and Big John names; retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS name in Mexico; and drugstores in Chile and Colombia under the Cruz Verde, YZA, La Moderna, and Farmacon names. Read More…

Industry, Sector and Symbol

Industry Bottled & canned soft drinks
Sub-IndustryN/A
SectorConsumer Staples
CUSIPN/A
Phone52-81-8328-6167

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$24.46 billion
Cash Flow$5.97 per share
Book Value$47.76 per share

Profitability

Net Income$1.22 billion

Miscellaneous

Employees297,073
Market Cap$32.69 billion
Next Earnings Date2/26/2020 (Estimated)
OptionableOptionable

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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 Semi-Annual dividend on Friday, April 19th. Shareholders of record on Monday, May 6th will be given a dividend of $0.756 per share on Friday, May 17th. This represents a yield of 1.61%. The ex-dividend date is Friday, May 3rd. 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 data on Monday, October, 28th. The company reported $0.97 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.19 by $0.22. The business had revenue of $6.61 billion for the quarter. Fomento Economico Mexicano SAB had a net margin of 5.58% and a return on equity of 8.37%. 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 Wednesday, February 26th 2020. View Earnings Estimates for Fomento Economico Mexicano SAB.

What price target have analysts set for FMX?

3 Wall Street analysts have issued 12-month price objectives for Fomento Economico Mexicano SAB's shares. Their forecasts range from $100.00 to $100.00. On average, they anticipate Fomento Economico Mexicano SAB's share price to reach $100.00 in the next year. This suggests a possible upside of 9.5% 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?

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

Has Fomento Economico Mexicano SAB been receiving favorable news coverage?

News stories about FMX stock have been trending somewhat positive recently, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Fomento Economico Mexicano SAB earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an impact on the company's share price in the immediate future. View News Stories for Fomento Economico Mexicano SAB.

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

What other stocks do shareholders of Fomento Economico Mexicano SAB own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Fomento Economico Mexicano SAB investors own include Invesco QQQ Trust (QQQ), SEA (SE), Verizon Communications (VZ), Netflix (NFLX), Paypal (PYPL), Alibaba Group (BABA), Comcast (CMCSA), PepsiCo (PEP), Tesla (TSLA) and Broadcom (AVGO).

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 65)
  • Mr. Javier Gerardo Astaburuaga Sanjines, VP of Corp. Devel. & Director (Age 60)
  • Mr. Miguel Eduardo Padilla Silva, CEO & Director (Age 64)
  • Mr. Gerardo Estrada Attolini, Director of Corp. Fin. (Age 62)
  • Mr. José González Ornelas, VP of Admin. & Corp. Control (Age 68)

Who are Fomento Economico Mexicano SAB's major shareholders?

Fomento Economico Mexicano SAB's stock is owned by many different of retail and institutional investors. Top institutional investors include Comgest Global Investors S.A.S. (1.03%), Coronation Fund Managers Ltd. (0.30%), Parametric Portfolio Associates LLC (0.12%), Gabelli Funds LLC (0.08%), Massachusetts Financial Services Co. MA (0.08%) and LA Financiere DE L Echiquier (0.06%).

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 Parametric Portfolio Associates LLC, Millennium Management LLC, Sloane Robinson LLP, Russell Investments Group Ltd., Gamco Investors INC. ET AL, Gabelli Funds LLC, Hexavest Inc. and Select Equity Group L.P..

Which institutional investors are buying Fomento Economico Mexicano SAB stock?

FMX stock was acquired by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Trust Holdings Inc., Massachusetts Financial Services Co. MA, Coronation Fund Managers Ltd., Bartlett & Co. LLC, LA Financiere DE L Echiquier, Comgest Global Investors S.A.S., CIBC Private Wealth Group LLC and SG Americas Securities 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, Robinhood, 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 $91.35.

How big of a company is Fomento Economico Mexicano SAB?

Fomento Economico Mexicano SAB has a market capitalization of $32.69 billion and generates $24.46 billion in revenue each year. The company earns $1.22 billion in net income (profit) each year or $3.45 on an earnings per share basis. Fomento Economico Mexicano SAB employs 297,073 workers across the globe.View Additional Information About Fomento Economico Mexicano SAB.

What is Fomento Economico Mexicano SAB's official website?

The official website for Fomento Economico Mexicano SAB is http://www.femsa.com/.

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 52-81-8328-6167 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:  260 (Vote Outperform)
Underperform Votes:  245 (Vote Underperform)
Total Votes:  505
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 12/8/2019 by MarketBeat.com Staff

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