Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of Fomento Economico Mexicano S.A.B. de C.V. ADR (NYSE: FMX) closed at $101.80 in the last session, down -0.77% from day before closing price of $102.59. In other words, the price has decreased by -$0.77 from its previous closing price. On the day, 0.5 million shares were traded. FMX stock price reached its highest trading level at $103.29 during the session, while it also had its lowest trading level at $101.08.
Ratios:
We take a closer look at FMX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.19. For the most recent quarter (mrq), Quick Ratio is recorded 1.31 and its Current Ratio is at 1.64. In the meantime, Its Debt-to-Equity ratio is 0.96 whereas as Long-Term Debt/Eq ratio is at 0.77.
JP Morgan Downgraded its Overweight to Neutral on September 23, 2024, whereas the target price for the stock was revised from $104 to $109.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FMX now has a Market Capitalization of 35319205888 and an Enterprise Value of 543322603520. As of this moment, Fomento’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.18, and their Forward P/E ratio for the next fiscal year is 19.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.50 while its Price-to-Book (P/B) ratio in mrq is 2.46. Its current Enterprise Value per Revenue stands at 0.678 whereas that against EBITDA is 6.4.
Stock Price History:
The Beta on a monthly basis for FMX is 0.66, which has changed by -0.056358933 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, FMX has reached a high of $118.18, while it has fallen to a 52-week low of $80.71. The 50-Day Moving Average of the stock is -2.08%, while the 200-Day Moving Average is calculated to be 6.37%.
Shares Statistics:
According to the various share statistics, FMX traded on average about 592.07K shares per day over the past 3-months and 472240 shares per day over the past 10 days. A total of 216.12M shares are outstanding, with a floating share count of 205.90M. Insiders hold about 0.00% of the company’s shares, while institutions hold 33.69% stake in the company. Shares short for FMX as of 1748563200 were 1176691 with a Short Ratio of 1.54, compared to 1745971200 on 1344751.
Dividends & Splits
The forward annual dividend rate for FMX is 2.27, which was 4.583 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.044672973The stock’s 5-year Average Dividend Yield is 2.1.
Earnings Estimates
The market rating of Fomento Economico Mexicano S.A.B. de C.V. ADR (FMX) is currently shaped by the ongoing analysis conducted by 3.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $1.27, with high estimates of $1.35 and low estimates of $1.16.
Analysts are recommending an EPS of between $4.76 and $4.16 for the fiscal current year, implying an average EPS of $4.36. EPS for the following year is $5.06, with 6.0 analysts recommending between $5.91 and $4.45.
Revenue Estimates
According to 3 analysts, the current quarter’s revenue is expected to be $216.71B. It ranges from a high estimate of $220.56B to a low estimate of $213.06B. As of the current estimate, Fomento Economico Mexicano S.A.B. de C.V. ADR’s year-ago sales were $198.75BFor the next quarter, 3 analysts are estimating revenue of $221.82B. There is a high estimate of $228.19B for the next quarter, whereas the lowest estimate is $214.21B.
A total of 15 analysts have provided revenue estimates for FMX’s current fiscal year. The highest revenue estimate was $888.96B, while the lowest revenue estimate was $797.47B, resulting in an average revenue estimate of $857.63B. In the same quarter a year ago, actual revenue was $781.59BBased on 15 analysts’ estimates, the company’s revenue will be $931.52B in the next fiscal year. The high estimate is $980.37B and the low estimate is $829.71B.
