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

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$95.05 -0.84 (-0.88 %)
(As of 04/24/2019 04:00 PM ET)
Previous Close$95.89
Today's Range$94.30 - $95.71
52-Week Range$80.86 - $101.12
Volume206,539 shs
Average Volume372,573 shs
Market Capitalization$34.01 billion
P/E Ratio27.55
Dividend Yield1.42%
Beta0.63
Fomento 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

Industry Bottled & canned soft drinks
Sub-IndustryN/A
SectorConsumer Staples
CUSIPN/A
Phone52-81-8328-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$24.46 billion
Cash Flow$8.7042 per share
Book Value$48.86 per share

Profitability

Net Income$1.25 billion

Miscellaneous

Employees295,097
Market Cap$34.01 billion
Next Earnings Date4/29/2019 (Confirmed)
OptionableOptionable

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. Investors 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) released its quarterly earnings results on Wednesday, February, 27th. The company reported $1.33 earnings per share (EPS) for the quarter. The company had revenue of $6.32 billion for the quarter. Fomento Economico Mexicano SAB had a return on equity of 7.15% and a net margin of 4.92%. 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 Monday, April 29th 2019. View Earnings Estimates for Fomento Economico Mexicano SAB.

What price target have analysts set for FMX?

5 Wall Street analysts have issued 12-month price targets for Fomento Economico Mexicano SAB's stock. Their predictions range from $100.00 to $100.00. On average, they expect Fomento Economico Mexicano SAB's share price to reach $100.00 in the next year. This suggests a possible upside of 5.2% 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 sell rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Fomento Economico Mexicano SAB.

Has Fomento Economico Mexicano SAB been receiving favorable news coverage?

Media stories about FMX stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Fomento Economico Mexicano SAB earned a coverage optimism score of 1.7 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the company's share price in the next few days.

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 Verizon Communications (VZ), Micron Technology (MU), Tesla (TSLA), Alibaba Group (BABA), Alphabet (GOOG), Netflix (NFLX), General Electric (GE), Pfizer (PFE), Broadcom (AVGO) and Biogen (biib).

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. José González Ornelas, VP of Admin. & Corp. Control (Age 68)
  • Mr. Juan Fonseca, VP of Investor Relations

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 Coronation Fund Managers Ltd. (0.26%), USS Investment Management Ltd (0.14%), LA Financiere DE L Echiquier (0.05%), Lodestar Investment Counsel LLC IL (0.02%), Deprince Race & Zollo Inc. (0.01%) and Oppenheimer Asset Management Inc. (0.01%).

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 Coronation Fund Managers Ltd., Deprince Race & Zollo Inc., Oppenheimer Asset Management Inc., Lodestar Investment Counsel LLC IL and Brinker Capital Inc..

Which institutional investors are buying Fomento Economico Mexicano SAB stock?

FMX stock was bought by a variety of institutional investors in the last quarter, including USS Investment Management Ltd, LA Financiere DE L Echiquier, BB&T Corp, Avalon Advisors LLC, Cambridge Trust Co., Mercer Global Advisors Inc. ADV, Oppenheimer & Co. Inc. and Hexavest Inc..

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 $95.05.

How big of a company is Fomento Economico Mexicano SAB?

Fomento Economico Mexicano SAB has a market capitalization of $34.01 billion and generates $24.46 billion in revenue each year. The company earns $1.25 billion in net income (profit) each year or $3.45 on an earnings per share basis. Fomento Economico Mexicano SAB employs 295,097 workers across the globe.

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 52-81-8328-6000 or via email at [email protected]


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

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  219 (Vote Outperform)
Underperform Votes:  211 (Vote Underperform)
Total Votes:  430
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 4/24/2019 by MarketBeat.com Staff

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