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

Sign in or create an account to add this stock to your watchlist.
$99.43 +0.45 (+0.45 %)
(As of 05/22/2019 04:00 PM ET)
Previous Close$98.98
Today's Range$98.61 - $99.69
52-Week Range$80.86 - $101.12
Volume200,992 shs
Average Volume368,050 shs
Market Capitalization$35.58 billion
P/E Ratio28.82
Dividend Yield1.51%
Beta0.65
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.

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.

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$24.46 billion
Cash Flow$6.0188 per share
Book Value$46.83 per share

Profitability

Net Income$1.22 billion

Miscellaneous

Employees295,097
Market Cap$35.58 billion
Next Earnings Date7/26/2019 (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 declared a Semi-Annual dividend on Friday, April 19th. Shareholders of record on Monday, May 6th will be given a dividend of $0.756 per share on Friday, May 17th. This represents a yield of 1.61%. The ex-dividend date of this dividend 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 earnings results on Wednesday, February, 27th. The company reported $1.33 earnings per share for the quarter. The company had revenue of $6.32 billion for the quarter. Fomento Economico Mexicano SAB had a return on equity of 7.87% and a net margin of 5.40%. 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 Friday, July 26th 2019. View Earnings Estimates for Fomento Economico Mexicano SAB.

What price target have analysts set for FMX?

5 analysts have issued 12-month price objectives for Fomento Economico Mexicano SAB's stock. Their predictions 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 0.6% 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?

5 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 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?

Press coverage about FMX stock has been trending somewhat positive on Wednesday, according to InfoTrie. The research group rates the sentiment of media coverage by monitoring more than six thousand blog and news 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 news sentiment score of 1.5 on InfoTrie's scale. They also gave news headlines 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 stock's share price in the immediate 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), Netflix (NFLX), Alibaba Group (BABA), Alphabet (GOOG), Tesla (TSLA), Abbott Laboratories (ABT), D. R. Horton (DHI), Pfizer (PFE), Valero Energy (VLO) and Broadcom (AVGO).

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 a variety of of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (1.46%), Comgest Global Investors S.A.S. (1.05%), OppenheimerFunds Inc. (1.00%), Janus Henderson Group PLC (0.85%), Morgan Stanley (0.53%) and Wells Fargo & Company MN (0.49%).

Which major investors are selling Fomento Economico Mexicano SAB stock?

FMX stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Morgan Stanley, Comgest Global Investors S.A.S., Westwood Holdings Group Inc., Dimensional Fund Advisors LP, Comerica Bank, OppenheimerFunds Inc. and Wells Fargo & Company MN.

Which major investors are buying Fomento Economico Mexicano SAB stock?

FMX stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Janus Henderson Group PLC, JPMorgan Chase & Co., SEI Investments Co, USS Investment Management Ltd, Commonwealth Bank of Australia, Goldman Sachs Group Inc. and State of New Jersey Common Pension Fund D.

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 $99.43.

How big of a company is Fomento Economico Mexicano SAB?

Fomento Economico Mexicano SAB has a market capitalization of $35.58 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.

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:  225 (Vote Outperform)
Underperform Votes:  216 (Vote Underperform)
Total Votes:  441
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 5/22/2019 by MarketBeat.com Staff

Featured Article: What are Bollinger Bands?

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.

Yahoo Gemini Pixel