In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Fomento Economico Mexicano S.A.B. de C.V. ADR (NYSE: FMX) closed the day trading at $97.84 up 0.27% from the previous closing price of $97.58. In other words, the price has increased by $0.27 from its previous closing price. On the day, 0.73 million shares were traded. FMX stock price reached its highest trading level at $97.86 during the session, while it also had its lowest trading level at $96.465.
Ratios:
For a better understanding of FMX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.85. 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 34900213760 and an Enterprise Value of 529152835584. As of this moment, Fomento’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.49, and their Forward P/E ratio for the next fiscal year is 18.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 2.29. Its current Enterprise Value per Revenue stands at 0.661 whereas that against EBITDA is 6.233.
Stock Price History:
The Beta on a monthly basis for FMX is 0.65, which has changed by -0.10705483 over the last 52 weeks, in comparison to a change of 0.16564083 over the same period for the S&P500. Over the past 52 weeks, FMX has reached a high of $114.98, while it has fallen to a 52-week low of $79.61. The 50-Day Moving Average of the stock is -4.20%, while the 200-Day Moving Average is calculated to be 3.49%.
Shares Statistics:
Over the past 3-months, FMX traded about 587.75K shares per day on average, while over the past 10 days, FMX traded about 759360 shares per day. A total of 205.90M shares are outstanding, with a floating share count of 205.90M. Insiders hold about 0.00% of the company’s shares, while institutions hold 33.49% stake in the company. Shares short for FMX as of 1752537600 were 1317454 with a Short Ratio of 1.59, compared to 1749772800 on 1087563.
Dividends & Splits
FMX’s forward annual dividend rate is 2.26, up from 4.583 a year ago. Against a Trailing Annual Dividend Yield of 0.046966594The stock’s 5-year Average Dividend Yield is 2.14. The current Payout Ratio is 30.00% for FMX, which recently paid a dividend on 2025-04-24 with an ex-dividend date of 2025-07-17. Stock splits for the company last occurred on 2007-05-31 when the company split stock in a 3:1 ratio.
