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The price of Fomento Economico Mexicano S.A.B. de C.V. ADR (NYSE: FMX) closed at $102.21 in the last session, up 0.13% from day before closing price of $102.08. In other words, the price has increased by $0.13 from its previous closing price. On the day, 0.69 million shares were traded. FMX stock price reached its highest trading level at $103.7125 during the session, while it also had its lowest trading level at $101.37.
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 3.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.73. For the most recent quarter (mrq), Quick Ratio is recorded 1.44 and its Current Ratio is at 1.72. In the meantime, Its Debt-to-Equity ratio is 0.85 whereas as Long-Term Debt/Eq ratio is at 0.78.
On February 09, 2024, HSBC Securities Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $124 to $152.
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 184676089856 and an Enterprise Value of 557264863232. As of this moment, Fomento’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.28, and their Forward P/E ratio for the next fiscal year is 18.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 10.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 2.30. Its current Enterprise Value per Revenue stands at 0.751 whereas that against EBITDA is 8.707.
Stock Price History:
Over the past 52 weeks, FMX has reached a high of $142.39, while it has fallen to a 52-week low of $98.52. The 50-Day Moving Average of the stock is -6.09%, while the 200-Day Moving Average is calculated to be -14.48%.
Shares Statistics:
According to the various share statistics, FMX traded on average about 688.33K shares per day over the past 3-months and 563900 shares per day over the past 10 days. A total of 216.12M shares are outstanding, with a floating share count of 214.84M. Insiders hold about 0.00% of the company’s shares, while institutions hold 31.41% stake in the company. Shares short for FMX as of 1724976000 were 4889621 with a Short Ratio of 7.79, compared to 1722384000 on 3907774.
Dividends & Splits
The forward annual dividend rate for FMX is 4.19, which was 4.397 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.043074057The stock’s 5-year Average Dividend Yield is 1.84.
