The price-to-earnings ratio for America Movil S.A.B.DE C.V. ADR (NYSE: AMX) is 17.99x, which is above its average ratio. Moreover, the 36-month beta value for AMX is 0.94. Analysts have varying opinions on the stock, 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 currently, short sellers hold a 0.19% of that float. On May 08, 2024, AMX’s average trading volume was 1.37M shares.
AMX) stock’s latest price update
America Movil S.A.B.DE C.V. ADR (NYSE: AMX)’s stock price has plunge by -0.71relation to previous closing price of 19.69. Nevertheless, the company has seen a 2.57% surge 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.
AMX’s Market Performance
America Movil S.A.B.DE C.V. ADR (AMX) has seen a 2.57% rise in stock performance for the week, with a 2.41% gain in the past month and a 8.73% surge in the past quarter. The volatility ratio for the week is 2.16%, and the volatility levels for the past 30 days are at 2.56% for AMX. The simple moving average for the last 20 days is 5.19% for AMX stock, with a simple moving average of 6.61% for the last 200 days.
Analysts’ Opinion of AMX
Many brokerage firms have already submitted their reports for AMX stocks, with Goldman repeating the rating for AMX by listing it as a “Buy.” The predicted price for AMX in the upcoming period, according to Goldman is $22 based on the research report published on April 29, 2024 of the current year 2024.
HSBC Securities gave a rating of “Buy” to AMX, setting the target price at $21.50 in the report published on October 20th of the previous year.
AMX Trading at 4.26% 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 -15.26% of loss for the given period.
Volatility was left at 2.56%, however, over the last 30 days, the volatility rate increased by 2.16%, as shares surge +3.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.24% upper at present.
During the last 5 trading sessions, AMX rose by +2.57%, which changed the moving average for the period of 200-days by -5.14% in comparison to the 20-day moving average, which settled at $18.62. In addition, America Movil S.A.B.DE C.V. ADR saw 5.56% in overturn over a single year, with a tendency to cut further gains.
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 0.44. 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 2.06. 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 wrap up, the performance of America Movil S.A.B.DE C.V. ADR (AMX) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
