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

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$92.35 +0.05 (+0.05 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$92.35
Today's Range$91.89 - $93.75
52-Week Range$80.86 - $101.12
Volume223,817 shs
Average Volume383,481 shs
Market Capitalization$33.04 billion
P/E Ratio15.32
Dividend Yield1.47%
Beta0.59
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

Industry Bottled & canned soft drinks
Sub-IndustryN/A
SectorConsumer Staples
CUSIPN/A
Phone52-81-8328-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$24.42 billion
Cash Flow$8.8036 per share
Book Value$47.94 per share

Profitability

Net Income$2.16 billion

Miscellaneous

Employees295,097
Market Cap$33.04 billion
Next Earnings Date2/27/2019 (Confirmed)
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 special dividend on Thursday, October 18th. Shareholders of record on Monday, November 5th will be given a dividend of $0.7352 per share on Friday, November 16th. This represents a 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 Thursday, April, 26th. The company reported $0.22 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.55 by $0.33. The firm had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $6.26 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 Wednesday, February 27th 2019. View Earnings Estimates for Fomento Economico Mexicano SAB.

What price target have analysts set for FMX?

4 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 anticipate Fomento Economico Mexicano SAB's stock price to reach $100.00 in the next twelve months. This suggests a possible upside of 8.3% 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?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fomento Economico Mexicano SAB in the last year. There are currently 4 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?

Media stories about FMX stock have been trending neutral recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Fomento Economico Mexicano SAB earned a daily sentiment score of 0.5 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future.

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 Verizon Communications (VZ), Alibaba Group (BABA), Netflix (NFLX), Tesla (TSLA), General Electric (GE), Micron Technology (MU), Constellation Brands (STZ), Pfizer (PFE), Alphabet (GOOG) and Kraft Heinz (KHC).

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 number of of institutional and retail investors. Top institutional shareholders include Standard Life Aberdeen plc (2.55%), Comgest Global Investors S.A.S. (1.07%), Commonwealth Bank of Australia (0.37%), BlackRock Inc. (0.36%), Dimensional Fund Advisors LP (0.36%) and GQG Partners LLC (0.28%).

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 Standard Life Aberdeen plc, Dimensional Fund Advisors LP, BlackRock Inc., Jane Street Group LLC, Amundi Pioneer Asset Management Inc., Acadian Asset Management LLC, Massachusetts Financial Services Co. MA and Bank of America Corp DE.

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 GQG Partners LLC, RWC Asset Advisors US LLC, GFS Advisors LLC, Commonwealth Bank of Australia, Coronation Fund Managers Ltd., Thornburg Investment Management Inc., RWC Asset Management LLP and Millennium 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, 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 $92.35.

How big of a company is Fomento Economico Mexicano SAB?

Fomento Economico Mexicano SAB has a market capitalization of $33.04 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:  212 (Vote Outperform)
Underperform Votes:  203 (Vote Underperform)
Total Votes:  415
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 2/23/2019 by MarketBeat.com Staff

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