Coca-Cola FEMSA, S.A.B. de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages. The company offers sparkling beverages, including colas and flavored sparkling beverages; and waters and other beverages, such as juice drinks, coffee, teas, milk, value-added dairy products, sports and energy drinks, and plant-based drinks. It provides a portfolio of products through retail outlets, such as wholesale supermarkets, discount stores, and convenience stores; retailers, such as restaurants and bars, as well as stadiums, auditoriums, and theaters; points-of-sale outlets; and home delivery, supermarkets, and other locations. In addition, the company distributes and sells Heineken beer products in its Brazilian territories. It operates in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay. The company was founded in 1979 and is headquartered in Mexico City, Mexico. Coca-Cola FEMSA, S.A.B. de C.V. is a subsidiary of Fomento Economico Mexicano, S.A.B. de C.V.
Coca-Cola FEMSA Price Performance
Shares of NYSE:KOF traded down $0.50 during midday trading on Monday, hitting $61.94. The stock had a trading volume of 2,931 shares, compared to its average volume of 133,490. The company's 50-day moving average price is $57.04 and its 200-day moving average price is $55.40. The company has a market capitalization of $104.10 billion, a P/E ratio of 15.93, a price-to-earnings-growth ratio of 1.92 and a beta of 0.79. Coca-Cola FEMSA has a fifty-two week low of $46.91 and a fifty-two week high of $62.48. The company has a quick ratio of 1.05, a current ratio of 1.28 and a debt-to-equity ratio of 0.59.
Wall Street Analyst Weigh In
KOF has been the subject of a number of analyst reports. Bradesco Corretora downgraded Coca-Cola FEMSA from an "outperform" rating to a "neutral" rating and set a $60.00 target price for the company. in a research note on Wednesday, June 1st. Barclays raised Coca-Cola FEMSA from an "equal weight" rating to an "overweight" rating and raised their price objective for the company from $55.00 to $62.00 in a research report on Tuesday, May 3rd. Finally, TheStreet upgraded Coca-Cola FEMSA from a "c+" rating to a "b" rating in a research note on Tuesday, May 24th. Three equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Coca-Cola FEMSA has a consensus rating of "Moderate Buy" and an average target price of $61.00.