Gruma, S.A.B. de C.V. is a holding company. The Company is engaged in corn and flour tortilla production across the world. The Company produces wheat flour and its derivatives, such as flatbreads, wraps, chapatti, and pizza bases plus other food products. Its segments include Corn flour and packaged tortilla division (United States and Europe), Corn flour division (Mexico) and Other segments. Corn flour and packaged tortilla division (United States and Europe) manufactures and distributes approximately 20 varieties of corn flour that are used mainly to produce and distribute different types of tortillas and tortilla chip products in the United States. Corn flour division (Mexico) is engaged principally in the production, distribution and sale of corn flour in Mexico under MASECA brand. Other segments are Corn flour, hearts of palm, rice and other products (Central America); packaged tortillas (Mexico); Wheat flour tortillas and snacks (Asia and Oceania), and Technology and equipment.
Industry, Sector and Symbol:
- Sector: Consumer Goods
- Industry: Processed & Packaged Goods
- Sub-Industry: N/A
- Symbol: NYSE:GMK
- CUSIP: N/A
- Web: www.gruma.com
- 50 Day Moving Avg: $52.00
- 200 Day Moving Avg: $51.00
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 27.74
- P/E Growth: 0
- Net Margins: 8.31%
- Return on Equity: 28.64%
- Return on Assets: 11.72%
Frequently Asked Questions for Gruma S.A.B. de C.V. (NYSE:GMK)
What is Gruma S.A.B. de C.V.'s stock symbol?
Gruma S.A.B. de C.V. trades on the New York Stock Exchange (NYSE) under the ticker symbol "GMK."
How were Gruma S.A.B. de C.V.'s earnings last quarter?
Gruma S.A.B. de C.V. (NYSE:GMK) released its earnings results on Wednesday, July, 22nd. The company reported $0.65 earnings per share for the quarter, beating analysts' consensus estimates of $0.62 by $0.03. The business earned $932.48 million during the quarter. Gruma S.A.B. de C.V. had a net margin of 8.31% and a return on equity of 28.64%. View Gruma S.A.B. de C.V.'s Earnings History.
Who are some of Gruma S.A.B. de C.V.'s key competitors?
Some companies that are related to Gruma S.A.B. de C.V. include Gildan Activewear (GIL), Remy Cointreau Unspon (REMYY), REMY COINTREAU EUR1.60 (REMYF), Smurfit Kappa Group Plc (SKG), Maple Leaf Foods (MFI), Domtar Corp (UFS), Winpak (WPK), New Flyer Industries (NFI), Premium Brands Holdings Corp (PBH), Cott Corp (BCB), Richelieu Hardware (RCH), Uni Select (UNS), Intertape Polymer Group (ITP), Martinrea International (MRE), SunOpta (SOY), Clearwater Seafoods (CLR), Resolute Forest Products (RFP) and High Liner Foods (HLF).
Who are Gruma S.A.B. de C.V.'s key executives?
Gruma S.A.B. de C.V.'s management team includes the folowing people:
- Juan Antonio Gonzalez Moreno, Chairman of the Board, Chief Executive Officer
- Carlos Hank Gonzalez, Vice Chairman of the Board
- Raul C. Cavazos Morales, Chief Financial Officer
- Felipe Antonio Rubio Lamas, Chief Technology Officer
- Homero Huerta Moreno, Chief Administrative Officer, Director
- Eduardo J. Valdes del Bosque, Chief Information Officer
- Salvador Vargas Guajardo, Secretary of the Board, General Counsel
- Francisco Martinez Saldivar, Chief Procurement Officer
- Jesus Oswaldo Garza Martinez, Director
- Eduardo Livas Cantu, Director
How do I buy Gruma S.A.B. de C.V. stock?
Shares of Gruma S.A.B. de C.V. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Gruma S.A.B. de C.V.'s stock price today?
MarketBeat Community Rating for Gruma S.A.B. de C.V. (NYSE GMK)MarketBeat's community ratings are surveys of what our community members think about Gruma S.A.B. de C.V. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Gruma S.A.B. de C.V. stock can currently be purchased for approximately $52.71.
Consensus Ratings for Gruma S.A.B. de C.V. (NYSE:GMK) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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 will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for Gruma S.A.B. de C.V. (NYSE:GMK)
(Data available from 9/25/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/22/2015||Scotiabank||Boost Price Target||$185.00 -> $210.00||N/A|
Earnings History for Gruma S.A.B. de C.V. (NYSE:GMK)Earnings History by Quarter for Gruma S.A.B. de C.V. (NYSE GMK)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/22/2015||Q2 2015||$0.62||$0.65||$932.48 million||View||N/A|
|2/25/2015||Q4 2014||$0.64||$0.55||$856.64 million||View||N/A|
|10/22/2014||Q3 2014||$0.58||$0.79||$934.93 million||View||N/A|
|7/23/2014||Q2 2014||$0.44||$0.63||$950.11 million||View||N/A|
|4/23/2014||Q1 2014||$0.48||$0.53||$987.17 million||View||N/A|
Earnings Estimates for Gruma S.A.B. de C.V. (NYSE:GMK)
Current Year EPS Consensus Estimate: $0.67 EPS
Next Year EPS Consensus Estimate: $1.90 EPS
Current Dividend Information for Gruma S.A.B. de C.V. (NYSE:GMK)
|Most Recent Dividend:||11/25/2014|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||0.00% (Based on This Year's Estimates)|
0.00% (Based on Next Year's Estimates)
Dividend History by Quarter for Gruma S.A.B. de C.V. (NYSE GMK)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Gruma S.A.B. de C.V. (NYSE:GMK)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Gruma S.A.B. de C.V. (NYSE:GMK)
Latest Headlines for Gruma S.A.B. de C.V. (NYSE:GMK)
Gruma S.A.B. de C.V. (GMK) Chart for Monday, September, 25, 2017