Log in

NYSE:FMXFomento Economico Mexicano SAB Stock Price, Forecast & News

$67.71
+0.37 (+0.55 %)
(As of 05/29/2020 04:00 PM ET)
Add
Compare
Today's Range
$65.82
Now: $67.71
$67.75
50-Day Range
$55.83
MA: $62.12
$69.11
52-Week Range
$55.40
Now: $67.71
$99.43
Volume790,023 shs
Average Volume566,350 shs
Market Capitalization$24.23 billion
P/E Ratio17.87
Dividend Yield2.18%
Beta0.79
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, 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. 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, 2018, it operated 17,999 OXXO small-format stores in Mexico, Colombia, Chile, and Peru; 2,361 drugstores in Mexico, Chile, and Colombia; and 539 OXXO GAS service stations. Fomento Económico Mexicano, S.A.B. de C.V. was founded in 1890 and is headquartered in Monterrey, Mexico.
Read More
Fomento Economico Mexicano SAB logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.1Community Rank: 2.6Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.06 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$26.33 billion
Cash Flow$6.83 per share
Book Value$49.09 per share

Profitability

Net Income$1.10 billion

Miscellaneous

Employees238,404
Market Cap$24.23 billion
Next Earnings Date7/23/2020 (Estimated)
OptionableOptionable

Receive FMX News and Ratings via Email

Sign-up to receive the latest news and ratings for FMX and its competitors with MarketBeat's FREE daily newsletter.

Fomento Economico Mexicano SAB (NYSE:FMX) Frequently Asked Questions

How has Fomento Economico Mexicano SAB's stock been impacted by COVID-19 (Coronavirus)?

Fomento Economico Mexicano SAB's stock was trading at $65.94 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FMX shares have increased by 2.7% and is now trading at $67.71. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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 sell rating, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Fomento Economico Mexicano SAB.

When is Fomento Economico Mexicano SAB's next earnings date?

Fomento Economico Mexicano SAB is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Fomento Economico Mexicano SAB.

How were Fomento Economico Mexicano SAB's earnings last quarter?

Fomento Economico Mexicano SAB (NYSE:FMX) posted its earnings results on Thursday, April, 26th. The company reported $0.22 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.55 by $0.33. The company had revenue of $6.15 billion for the quarter, compared to analyst estimates of $6.26 billion. Fomento Economico Mexicano SAB had a net margin of 5.40% and a return on equity of 8.21%. View Fomento Economico Mexicano SAB's earnings history.

What price target have analysts set for FMX?

4 Wall Street analysts have issued 12-month price objectives for Fomento Economico Mexicano SAB's shares. Their forecasts range from $70.00 to $112.00. On average, they anticipate Fomento Economico Mexicano SAB's share price to reach $91.00 in the next year. This suggests a possible upside of 34.4% from the stock's current price. View analysts' price targets for Fomento Economico Mexicano SAB.

Has Fomento Economico Mexicano SAB been receiving favorable news coverage?

Media headlines about FMX stock have trended positive recently, InfoTrie reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Fomento Economico Mexicano SAB earned a news impact score of 2.8 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutFomento 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 Paypal (PYPL), Verizon Communications (VZ), SEA (SE), Alibaba Group (BABA), Invesco QQQ Trust (QQQ), Netflix (NFLX), PepsiCo (PEP), Pfizer (PFE), Tesla (TSLA) and Broadcom (AVGO).

Who are Fomento Economico Mexicano SAB's key executives?

Fomento Economico Mexicano SAB's management team includes the following 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)

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."

Who are Fomento Economico Mexicano SAB's major shareholders?

Fomento Economico Mexicano SAB's stock is owned by many different retail and institutional investors. Top institutional shareholders include Invesco Ltd. (1.68%), Vontobel Asset Management Inc. (1.55%), Schroder Investment Management Group (1.20%), Comgest Global Investors S.A.S. (1.03%), Wells Fargo & Company MN (0.67%) and Coronation Fund Managers Ltd. (0.63%).

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 JPMorgan Chase & Co., Fiera Capital Corp, BlackRock Inc., Wellington Management Group LLP, Acadian Asset Management LLC, Parametric Portfolio Associates LLC, Invesco Ltd., and Mitsubishi UFJ Trust & Banking Corp.

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 First Eagle Investment Management LLC, Coronation Fund Managers Ltd., Nuveen Asset Management LLC, Schroder Investment Management Group, Wells Fargo & Company MN, Bessemer Group Inc., Morgan Stanley, and Morgan Stanley.

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 $67.71.

How big of a company is Fomento Economico Mexicano SAB?

Fomento Economico Mexicano SAB has a market capitalization of $24.23 billion and generates $26.33 billion in revenue each year. The company earns $1.10 billion in net income (profit) each year or $3.07 on an earnings per share basis. Fomento Economico Mexicano SAB employs 238,404 workers across the globe.

What is Fomento Economico Mexicano SAB's official website?

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

How can I contact Fomento Economico Mexicano SAB?

Fomento Economico Mexicano SAB's mailing address is GENE COLONIA BELLA VISTARAL ANAYA NO 601 PTE, MONTERREY N.L. O5, 64410. The company can be reached via phone at 52-81-8328-6167 or via email at [email protected]

This page was last updated on 5/31/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.