America Movil S.A.B.DE C.V. ADR (NYSE: AMX)’s stock price has decreased by -0.99 compared to its previous closing price of 18.64. However, the company has seen a 2.36% increase in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-17 that América Móvil, S.A.B. de C.V. (NYSE:AMX ) Q1 2024 Earnings Conference Call April 17, 2024 11:00 AM ET Company Participants Daniela Lecuona – Head of Investor Relations Daniel Hajj Aboumrad – CEO & Director Carlos Garcia Moreno – CFO Oscar von Hauske – COO Conference Call Participants Vitor Tomita – Goldman Sachs Leonardo Olmos – UBS Joseph Galone – LightShed Froylan Mendez – JP Morgan Fred Mendes – Bank of America Ernesto Gonzalez – Morgan Stanley Alejandro Azar – GBM Gabriela Chaparro – BCP Securities Soomit Datta – New Street Research Operator Good morning.
Is It Worth Investing in America Movil S.A.B.DE C.V. ADR (NYSE: AMX) Right Now?
America Movil S.A.B.DE C.V. ADR (NYSE: AMX) has a price-to-earnings ratio that is above its average at 16.98x. The stock has a 36-month beta value of 0.94. Opinions on the stock are mixed, with 5 analysts rating it as a “buy,” 1 as “overweight,” 7 as “hold,” and 2 as “sell.”
The public float for AMX is 3.11B, and at present, short sellers hold a 0.18% of that float. On April 24, 2024, the average trading volume of AMX was 1.40M shares.
AMX’s Market Performance
The stock of America Movil S.A.B.DE C.V. ADR (AMX) has seen a 2.36% increase in the past week, with a 0.30% rise in the past month, and a 2.87% gain in the past quarter. The volatility ratio for the week is 3.23%, and the volatility levels for the past 30 days are at 2.39% for AMX. The simple moving average for the past 20 days is 0.09% for AMX’s stock, with a 0.05% simple moving average for the past 200 days.
Analysts’ Opinion of AMX
HSBC Securities, on the other hand, stated in their research note that they expect to see AMX reach a price target of $21.50. The rating they have provided for AMX stocks is “Buy” according to the report published on October 20th, 2023.
BofA Securities gave a rating of “Buy” to AMX, setting the target price at $25 in the report published on October 05th of the previous year.
AMX Trading at -0.75% from the 50-Day Moving Average
After a stumble in the market that brought AMX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.00% of loss for the given period.
Volatility was left at 2.39%, however, over the last 30 days, the volatility rate increased by 3.23%, as shares surge +0.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.29% upper at present.
During the last 5 trading sessions, AMX rose by +2.05%, which changed the moving average for the period of 200-days by -13.94% in comparison to the 20-day moving average, which settled at $18.44. In addition, America Movil S.A.B.DE C.V. ADR saw -0.35% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for AMX
Current profitability levels for the company are sitting at:
- 0.2 for the present operating margin
- 0.47 for the gross margin
The net margin for America Movil S.A.B.DE C.V. ADR stands at 0.07. The total capital return value is set at 0.14. Equity return is now at value 17.17, with 3.69 for asset returns.
Based on America Movil S.A.B.DE C.V. ADR (AMX), the company’s capital structure generated 0.6 points at debt to capital in total, while cash flow to debt ratio is standing at 0.42. The debt to equity ratio resting at 1.51. The interest coverage ratio of the stock is 2.15.
Currently, EBITDA for the company is 326.54 billion with net debt to EBITDA at 2.36. When we switch over and look at the enterprise to sales, we see a ratio of 2.0. The receivables turnover for the company is 3.82for trailing twelve months and the total asset turnover is 0.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.68.
Conclusion
To sum up, America Movil S.A.B.DE C.V. ADR (AMX) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
