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After finishing at $81.23 in the prior trading day, Fomento Economico Mexicano S.A.B. de C.V. ADR (NYSE: FMX) closed at $83.44, up 2.72%. In other words, the price has increased by $2.72 from its previous closing price. On the day, 0.78 million shares were traded. FMX stock price reached its highest trading level at $83.89 during the session, while it also had its lowest trading level at $82.2.
Ratios:
Our goal is to gain a better understanding of FMX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.73. For the most recent quarter (mrq), Quick Ratio is recorded 1.32 and its Current Ratio is at 1.62. In the meantime, Its Debt-to-Equity ratio is 0.86 whereas as Long-Term Debt/Eq ratio is at 0.78.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on September 23, 2024, Downgraded its rating to Neutral and sets its target price to $109 from $104 previously.
HSBC Securities Upgraded its Hold to Buy on February 09, 2024, whereas the target price for the stock was revised 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 150766911488 and an Enterprise Value of 478995873792. As of this moment, Fomento’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.76, and their Forward P/E ratio for the next fiscal year is 15.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.41 while its Price-to-Book (P/B) ratio in mrq is 1.20. Its current Enterprise Value per Revenue stands at 0.634 whereas that against EBITDA is 7.384.
Stock Price History:
The Beta on a monthly basis for FMX is 0.89, which has changed by -0.36370045 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, FMX has reached a high of $141.83, while it has fallen to a 52-week low of $81.07. The 50-Day Moving Average of the stock is -7.67%, while the 200-Day Moving Average is calculated to be -21.03%.
Shares Statistics:
The stock has traded on average 579.04K shares per day over the past 3-months and 313550 shares per day over the last 10 days, according to various share statistics. 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 33.60% stake in the company. Shares short for FMX as of 1734048000 were 1219551 with a Short Ratio of 1.48, compared to 1731628800 on 2135916.
Dividends & Splits
In the trailing 12 months, FMX’s forward annual dividend rate was 4.397, compared to 4.09 this year. Against a Trailing Annual Dividend Yield of 0.054130245The stock’s 5-year Average Dividend Yield is 1.95. The current Payout Ratio is 16.24% for FMX, which recently paid a dividend on 2024-10-16 with an ex-dividend date of 1729036800. Stock splits for the company last occurred on 2007-05-31 when the company split stock in a 3:1 ratio.
