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

$62.01
-0.68 (-1.08 %)
(As of 07/1/2020 04:00 PM ET)
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Today's Range
$61.60
Now: $62.01
$62.71
50-Day Range
$61.42
MA: $65.95
$74.43
52-Week Range
$55.40
Now: $62.01
$98.97
Volume737,400 shs
Average Volume617,552 shs
Market Capitalization$22.19 billion
P/E Ratio16.36
Dividend Yield2.38%
Beta0.8
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.
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Fomento Economico Mexicano SAB logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.1Community Rank: 2.6Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.02 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$48.27 per share

Profitability

Net Income$1.10 billion

Miscellaneous

Employees238,404
Market Cap$22.19 billion
Next Earnings Date7/23/2020 (Estimated)
OptionableOptionable

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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 Coronavirus reached pandemic status according to the World Health Organization. Since then, FMX shares have decreased by 6.0% and is now trading at $62.01. 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, 30th. The company reported $1.29 EPS for the quarter, topping the Zacks' consensus estimate of ($0.05) by $1.34. The firm had revenue of $6.17 billion for the quarter, compared to analysts' expectations of $6.17 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 brokers have issued 12-month price targets for Fomento Economico Mexicano SAB's stock. Their forecasts range from $70.00 to $112.00. On average, they anticipate Fomento Economico Mexicano SAB's stock price to reach $91.00 in the next twelve months. This suggests a possible upside of 46.8% 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?

Press coverage about FMX stock has trended very negative recently, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand news and blog sources. 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 media sentiment score of -3.3 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news about Fomento 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 a variety of institutional and retail investors. Top institutional investors include Confluence Investment Management LLC (0.00%).

Which institutional investors are buying Fomento Economico Mexicano SAB stock?

FMX stock was purchased by a variety of institutional investors in the last quarter, including Confluence Investment Management 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, 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 $62.01.

How big of a company is Fomento Economico Mexicano SAB?

Fomento Economico Mexicano SAB has a market capitalization of $22.19 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 7/2/2020 by MarketBeat.com Staff

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