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

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$83.65 -0.96 (-1.13 %)
(As of 12/16/2018 08:36 AM ET)
Previous Close$83.65
Today's Range$83.42 - $84.96
52-Week Range$80.86 - $101.12
Volume270,349 shs
Average Volume540,572 shs
Market Capitalization$29.93 billion
P/E Ratio13.87
Dividend Yield1.62%
Beta0.73
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

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

Debt

Debt-to-Equity Ratio0.36
Current Ratio1.63
Quick Ratio1.34

Price-To-Earnings

Trailing P/E Ratio13.87
Forward P/E Ratio22.55
P/E Growth1.42

Sales & Book Value

Annual Sales$24.42 billion
Price / Sales1.23
Cash Flow$8.7960 per share
Price / Cash Flow9.51
Book Value$47.94 per share
Price / Book1.74

Profitability

EPS (Most Recent Fiscal Year)$6.03
Net Income$2.16 billion
Net Margins3.16%
Return on Equity4.59%
Return on Assets2.56%

Miscellaneous

Employees295,097
Outstanding Shares357,820,000
Market Cap$29.93 billion
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 special dividend on Thursday, October 18th. Stockholders of record on Monday, November 5th will be given a dividend of $0.7352 per share on Friday, November 16th. This represents a dividend yield of 1.47%. The ex-dividend date of this dividend is Friday, November 2nd. 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, October, 26th. The company reported $0.72 EPS for the quarter, missing the Zacks' consensus estimate of $1.02 by $0.30. The business earned $6.25 billion during the quarter, compared to analysts' expectations of $6.16 billion. Fomento Economico Mexicano SAB had a net margin of 3.16% and a return on equity of 4.59%. 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 Tuesday, February 26th 2019. View Earnings Estimates for Fomento Economico Mexicano SAB.

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

4 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 3 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?

News headlines about FMX stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Fomento Economico Mexicano SAB earned a daily sentiment score of 1.0 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

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. Juan Fonseca, VP of Investor Relations

Who are Fomento Economico Mexicano SAB's major shareholders?

Fomento Economico Mexicano SAB's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Standard Life Aberdeen plc (2.69%), JPMorgan Chase & Co. (1.35%), Comgest Global Investors S.A.S. (1.06%), OppenheimerFunds Inc. (1.01%), Janus Henderson Group PLC (0.68%) and Schroder Investment Management Group (0.67%).

Which major 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, Thornburg Investment Management Inc., Banco Santander S.A., Renaissance Technologies LLC, Gluskin Sheff & Assoc Inc., Dimensional Fund Advisors LP, Wells Fargo & Company MN and Morgan Stanley.

Which major investors are buying Fomento Economico Mexicano SAB stock?

FMX stock was bought by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Janus Henderson Group PLC, BlackRock Inc., Axiom International Investors LLC DE, OppenheimerFunds Inc., Capital World Investors, Massachusetts Financial Services Co. MA and Jane Street Group 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 $83.65.

How big of a company is Fomento Economico Mexicano SAB?

Fomento Economico Mexicano SAB has a market capitalization of $29.93 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 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:  2.6 out of 5 (star star)
Outperform Votes:  208 (Vote Outperform)
Underperform Votes:  198 (Vote Underperform)
Total Votes:  406
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 12/16/2018 by MarketBeat.com Staff

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