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After finishing at $107.98 in the prior trading day, Fomento Economico Mexicano S.A.B. de C.V. ADR (NYSE: FMX) closed at $105.52, down -2.28%. In other words, the price has decreased by -$2.28 from its previous closing price. On the day, 0.82 million shares were traded. FMX stock price reached its highest trading level at $108.275 during the session, while it also had its lowest trading level at $105.2.
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 3.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.11. 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 188786884608 and an Enterprise Value of 569108791296. As of this moment, Fomento’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.03, and their Forward P/E ratio for the next fiscal year is 19.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 10.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 2.38. Its current Enterprise Value per Revenue stands at 0.767 whereas that against EBITDA is 8.892.
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 -4.41%, while the 200-Day Moving Average is calculated to be -12.94%.
Shares Statistics:
The stock has traded on average 664.01K shares per day over the past 3-months and 640220 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 214.84M. Insiders hold about 0.00% of the company’s shares, while institutions hold 32.56% stake in the company. Shares short for FMX as of 1722384000 were 3907774 with a Short Ratio of 5.89, compared to 1719532800 on 2323255.
Dividends & Splits
In the trailing 12 months, FMX’s forward annual dividend rate was 4.397, compared to 4.19 this year. Against a Trailing Annual Dividend Yield of 0.0407205The stock’s 5-year Average Dividend Yield is 1.83.
