Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Fomento Economico Mexicano S.A.B. de C.V. ADR (NYSE: FMX) closed at $97.39 down -1.35% from its previous closing price of $98.72. In other words, the price has decreased by -$1.35 from its previous closing price. On the day, 0.45 million shares were traded. FMX stock price reached its highest trading level at $98.0 during the session, while it also had its lowest trading level at $96.56.
Ratios:
For a deeper understanding of Fomento Economico Mexicano S.A.B. de C.V. ADR’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.17. 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.
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 175112093696 and an Enterprise Value of 539946254336. As of this moment, Fomento’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.18, and their Forward P/E ratio for the next fiscal year is 17.57. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49 while its Price-to-Book (P/B) ratio in mrq is 2.20. Its current Enterprise Value per Revenue stands at 0.728 whereas that against EBITDA is 8.436.
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 $97.58. The 50-Day Moving Average of the stock is -5.89%, while the 200-Day Moving Average is calculated to be -16.48%.
Shares Statistics:
For the past three months, FMX has traded an average of 662.24K shares per day and 588410 over the past ten 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 31.50% stake in the company. Shares short for FMX as of 1727654400 were 3779101 with a Short Ratio of 4.32, compared to 1724976000 on 5360676.
Dividends & Splits
According to the company, the forward annual dividend rate for FMX is 5.15, from 4.397 in the trailing year. Against a Trailing Annual Dividend Yield of 0.044977725The stock’s 5-year Average Dividend Yield is 1.85.
