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The closing price of Fomento Economico Mexicano S.A.B. de C.V. ADR (NYSE: FMX) was $105.82 for the day, down -7.68% from the previous closing price of $114.62. In other words, the price has decreased by -$7.68 from its previous closing price. On the day, 1.34 million shares were traded. FMX stock price reached its highest trading level at $112.92 during the session, while it also had its lowest trading level at $105.72.
Ratios:
Our analysis of FMX’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.10. For the most recent quarter (mrq), Quick Ratio is recorded 1.42 and its Current Ratio is at 1.68. In the meantime, Its Debt-to-Equity ratio is 0.81 whereas as Long-Term Debt/Eq ratio is at 0.75.
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 189323624448 and an Enterprise Value of 537178669056. As of this moment, Fomento’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.82, and their Forward P/E ratio for the next fiscal year is 16.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 13.83. 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 2.27. Its current Enterprise Value per Revenue stands at 0.745 whereas that against EBITDA is 7.344.
Stock Price History:
Over the past 52 weeks, FMX has reached a high of $142.91, while it has fallen to a 52-week low of $98.88. The 50-Day Moving Average of the stock is -12.96%, while the 200-Day Moving Average is calculated to be -12.76%.
Shares Statistics:
FMX traded an average of 738.81K shares per day over the past three months and 687990 shares per day 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 32.07% stake in the company. Shares short for FMX as of 1715731200 were 1278487 with a Short Ratio of 1.52, compared to 1713139200 on 1874581.
Dividends & Splits
With its trailing 12-month dividend rate of 4.397, FMX has a forward annual dividend rate of 2.13. Against a Trailing Annual Dividend Yield of 0.038361542The stock’s 5-year Average Dividend Yield is 1.82.
