About Fomento Economico Mexicano SAB (NYSE:FMX)
Fomento Economico Mexicano, S.A.B. de C.V. (FEMSA) is a holding company. The Company's segments are Coca-Cola FEMSA, FEMSA Comercio-Retail Division and FEMSA Comercio-Fuel Division. The Company conducts its operations through holding companies, such as Coca-Cola FEMSA, S.A.B. de C.V. and subsidiaries (Coca-Cola FEMSA), which produces, distributes and sells beverages; FEMSA Comercio, S.A. de C.V. and subsidiaries (FEMSA Comercio), which consists of a Retail Division operating various small-format chain stores, and CB Equity LLP, which holds its equity investment in Heineken N.V., and Heineken Holding N.V. The Company's Coca-Cola FEMSA produces, markets, sells and distributes Coca-Cola trademark beverages through standard bottler agreements in certain territories in the countries, in which it operates. Coca-Cola FEMSA also sells bottled water products. FEMSA participates in the retail sector primarily through FEMSA Comercio.
Industry, Sector and Symbol
Industry Bottled & canned soft drinks
Sub-IndustryN/A
SectorConsumer Staples
SymbolNYSE:FMX
CUSIPN/A
Phone52-81-8328-6000
Debt
Debt-to-Equity Ratio0.33%
Current Ratio1.73%
Quick Ratio1.39%
Price-To-Earnings
Trailing P/E Ratio15.24
Forward P/E Ratio22.97
P/E Growth1.6
Sales & Book Value
Annual Sales$24.42 billion
Price / Sales1.35
Cash Flow$4.7904 per share
Price / Cash19.18
Book Value$49.90 per share
Price / Book1.84
Profitability
EPS (Most Recent Fiscal Year)$6.03
Net Income$2.25 billion
Net Margins9.53%
Return on Equity14.72%
Return on Assets7.99%
Miscellaneous
Employees266,144
Outstanding Shares357,820,000
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 semiannual dividend on Thursday, October 26th. Stockholders of record on Monday, November 6th will be given a dividend of $0.6759 per share on Monday, November 13th. This represents a dividend yield of 1.52%. The ex-dividend date of this dividend is Friday, November 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) issued its earnings results on Tuesday, February, 27th. The company reported $0.26 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.08 by $0.82. The company had revenue of $6.46 billion for the quarter, compared to analyst estimates of $6.55 billion. Fomento Economico Mexicano SAB had a net margin of 9.53% and a return on equity of 14.72%. 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?
6 analysts have issued 1-year price targets for Fomento Economico Mexicano SAB's shares. Their forecasts range from $112.00 to $120.00. On average, they expect Fomento Economico Mexicano SAB's share price to reach $115.75 in the next twelve months. View Analyst Ratings for Fomento Economico Mexicano SAB.
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 (CCE), Coca Cola Femsa (KOF), Coca-Cola Hellenic Bottling (CCHGY), Embotelladora Andina (AKO.A), National Beverage (FIZZ), Embotelladora Andina (AKO.B), Cott (COT), Coca-Cola Bottling Co. Consolidated (COKE), Celsius (CELH), Leading Brands (LBIX) and Golfgear International (MCHA).
Who are Fomento Economico Mexicano SAB's key executives?
Fomento Economico Mexicano SAB's management team includes the folowing people:
- Jose Antonio Fernandez Carbajal, Executive Chairman of the Board (Age 62)
- Carlos Salazar Lomelin, Chief Executive Officer, Director (Age 65)
- Miguel Eduardo Padilla Silva, Chief Financial and Stategic Development Officer (Age 61)
- Daniel Alberto Rodriguez Cofre, Chief Executive Officer of FEMSA Comercio (Age 51)
- John Anthony Santa Maria Otazua, Chief Executive Officer of Coca-Cola FEMSA SA (Age 58)
- Alfonso Garza Garza, Executive Vice President of Strategic Business (Age 53)
- Javier Gerardo Astaburuaga Sanjines, Vice President Corporate Development (Age 56)
- Genaro Borrego Estrada, Vice President of Corporate Affairs (Age 67)
- Jose Gonzalez Ornelas, Vice President - Administration, Corporate Control (Age 64)
- Carlos Eduardo Aldrete Ancira, Secretary, Director of Legal Affairs (Age 59)
Has Fomento Economico Mexicano SAB been receiving favorable news coverage?
Headlines about FMX stock have been trending somewhat positive this week, Accern reports. Accern scores the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Fomento Economico Mexicano SAB earned a news sentiment score of 0.24 on Accern's scale. They also gave headlines about the company an impact score of 46.05 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.
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 $91.88.
How big of a company is Fomento Economico Mexicano SAB?
Fomento Economico Mexicano SAB has a market capitalization of $34.51 billion and generates $24.42 billion in revenue each year. The company earns $2.25 billion in net income (profit) each year or $6.03 on an earnings per share basis. Fomento Economico Mexicano SAB employs 266,144 workers across the globe.
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 (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.
Fomento Economico Mexicano SAB (NYSE:FMX) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
6 Wall Street analysts have issued ratings and price targets for Fomento Economico Mexicano SAB in the last 12 months. Their average twelve-month price target is $115.75, suggesting that the stock has a possible upside of 25.98%. The high price target for FMX is $120.00 and the low price target for FMX is $112.00. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.67 | 2.67 | 2.67 | 2.83 |
| Ratings Breakdown: | 0 Sell Rating(s)
2 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $115.75 | $115.75 | $115.75 | $115.75 |
| Price Target Upside: | 25.98% upside | 23.66% upside | 23.66% upside | 22.72% upside |
Fomento Economico Mexicano SAB (NYSE:FMX) Consensus Price Target History
Fomento Economico Mexicano SAB (NYSE:FMX) Analyst Ratings History
Show:
(Data available from 4/24/2016 forward)
Fomento Economico Mexicano SAB (NYSE:FMX) Dividend Information
Fomento Economico Mexicano SAB pays an annual dividend of $1.35 per share, with a dividend yield of 1.47%. FMX's most recent semiannual dividend payment was Monday, November 13. Fomento Economico Mexicano SAB pays out 22.39% of its earnings out as a dividend.
| Most Recent Dividend: | 11/13/2017 |
| Annual Dividend: | $1.35 |
| Dividend Yield: | 1.47% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 22.39% (Trailing 12 Months of Earnings)
33.75% (Based on This Year's Estimates)
29.67% (Based on Next Year's Estimates)
|
Fomento Economico Mexicano SAB (NYSE:FMX) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 10/26/2017 | semiannual | $0.6759 | 1.52% | 11/3/2017 | 11/6/2017 | 11/13/2017 |
| 4/20/2017 | semiannual | $0.6870 | 1.51% | 5/2/2017 | 5/4/2017 | 5/15/2017 |
| 8/15/2016 | | $0.6840 | | 10/28/2016 | 11/1/2016 | 11/14/2016 |
| 3/18/2016 | | $0.72 | | 5/2/2016 | 5/4/2016 | 5/16/2016 |
| 8/19/2015 | | $0.6730 | | 11/2/2015 | 11/4/2015 | 11/16/2015 |
| 4/10/2015 | annual | $0.7404 | 0.76% | 5/4/2015 | 5/6/2015 | 5/18/2015 |
| 12/9/2013 | special | $1.5474 | 1.58% | 12/13/2013 | 12/17/2013 | 12/30/2013 |
| 10/18/2013 | semiannual | $0.7823 | 1.67% | 11/4/2013 | 11/6/2013 | 11/18/2013 |
| 4/16/2013 | special | $0.8221 | 1.13% | 5/2/2013 | 5/6/2013 | 5/17/2013 |
(Data available from 1/1/2013 forward)
Fomento Economico Mexicano SAB (NYSE FMX) Insider Trading and Institutional Ownership History
Institutional Ownership Percentage: 20.05%
Fomento Economico Mexicano SAB (NYSE FMX) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
(Data available from 1/1/2013 forward)
Fomento Economico Mexicano SAB (NYSE FMX) News Headlines
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Fomento Economico Mexicano SAB (NYSE:FMX) SEC Filings
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Fomento Economico Mexicano SAB (NYSE:FMX) Income Statement, Balance Sheet and Cash Flow Statement
Fomento Economico Mexicano SAB (NYSE FMX) Stock Chart for Tuesday, April, 24, 2018
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