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.
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Industry, Sector and Symbol
Industry Bottled & canned soft drinks
Sub-IndustryN/A
SectorConsumer Staples
Phone52-81-8328-6000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$24.46 billion
Profitability
Miscellaneous
Employees295,097
Next Earnings Date10/25/2019 (Estimated)
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 announced a Semi-Annual dividend on Friday, April 19th. Investors of record on Monday, May 6th will be paid a dividend of $0.756 per share on Friday, May 17th. This represents a dividend 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 Thursday, July, 25th. The company reported $0.82 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.80 by $0.02. The business had revenue of $6.71 billion for the quarter. Fomento Economico Mexicano SAB had a net margin of 4.72% and a return on equity of 6.88%. View Fomento Economico Mexicano SAB's Earnings History.
When is Fomento Economico Mexicano SAB's next earnings date?
What price target have analysts set for FMX?
3 equities research analysts have issued 12 month target prices for Fomento Economico Mexicano SAB's shares. Their forecasts range from $100.00 to $100.00. On average, they expect Fomento Economico Mexicano SAB's stock price to reach $100.00 in the next year. This suggests a possible upside of 5.8% 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 and 2 buy ratings 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 articles about FMX stock have trended negative recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Fomento Economico Mexicano SAB earned a news sentiment score of -2.9 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Fomento Economico Mexicano SAB.
Are investors shorting Fomento Economico Mexicano SAB?
Fomento Economico Mexicano SAB saw a decline in short interest during the month of August. As of August 31st, there was short interest totalling 293,500 shares, a decline of 17.7% from the July 31st total of 356,500 shares. Based on an average daily trading volume, of 299,300 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.1% of the shares of the stock are short sold. View Fomento Economico Mexicano SAB's Current Options Chain.
Who are some of Fomento Economico Mexicano SAB's key competitors?
Some companies that are related to Fomento Economico Mexicano SAB include Monster Beverage (MNST), Coca-Cola European Partners (CCEP), Coca-Cola FEMSA (KOF), COCA-COLA HBC A/ADR (CCHGY), Embotelladora Andina SA ADR Series B (AKO.B), Coca-Cola Consolidated (COKE), BRITVIC PLC/S (BTVCY), Embotelladora Andina SA ADR Series A (AKO.A), National Beverage (FIZZ), Cott (COT), Celsius (CELH), Reeds (REED) and Golfgear International (MCHA).
What other stocks do shareholders of Fomento Economico Mexicano SAB own?
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 institutional and retail investors. Top institutional investors include Invesco Ltd. (2.03%), Vontobel Asset Management Inc. (1.58%), JPMorgan Chase & Co. (1.35%), Schroder Investment Management Group (1.18%), Comgest Global Investors S.A.S. (1.02%) and Royal Bank of Canada (0.67%).
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 Janus Henderson Group PLC, Janus Henderson Group PLC, JPMorgan Chase & Co., Schroder Investment Management Group, GFS Advisors LLC, Vontobel Asset Management Inc., Morgan Stanley and Comgest Global Investors S.A.S..
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 Invesco Ltd., Royal Bank of Canada, Acadian Asset Management LLC, Bessemer Group Inc., Sustainable Growth Advisers LP, Coronation Fund Managers Ltd., Sloane Robinson LLP and Northern Trust Corp.
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 $94.49.
How big of a company is Fomento Economico Mexicano SAB?
Fomento Economico Mexicano SAB has a market capitalization of $33.81 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 295,097 workers across the globe.View Additional Information About Fomento Economico Mexicano SAB.
What is Fomento Economico Mexicano SAB's official website?
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)
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.
