The price-to-earnings ratio for Fomento Economico Mexicano S.A.B. de C.V. ADR (NYSE: FMX) is above average at 24.65x, Company’s 36-month beta value is 0.89.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 5 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for FMX is 205.90M, and currently, short sellers hold a 0.59% ratio of that floaft. The average trading volume of FMX on December 13, 2024 was 639.89K shares.
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FMX) stock’s latest price update
Fomento Economico Mexicano S.A.B. de C.V. ADR (NYSE: FMX)’s stock price has increased by 2.08 compared to its previous closing price of 88.55. However, the company has seen a -0.48% decrease in its stock price over the last five trading sessions. seekingalpha.com reported 2024-12-02 that FEMSA is a collection of high-quality businesses, mostly in Latin America, and has seen its stock price falter in recent quarters. The company has diverse operations, including Coca-Cola FEMSA, OXXO convenience stores, a growing health division, and a fuel services business. Potential international trade tariffs look to have little direct impact on FEMSA’s businesses.
FMX’s Market Performance
Fomento Economico Mexicano S.A.B. de C.V. ADR (FMX) has seen a -0.48% fall in stock performance for the week, with a -2.54% decline in the past month and a -12.37% plunge in the past quarter. The volatility ratio for the week is 2.00%, and the volatility levels for the past 30 days are at 2.24% for FMX. The simple moving average for the last 20 days is 1.57% for FMX stock, with a simple moving average of -16.49% for the last 200 days.
Analysts’ Opinion of FMX
Many brokerage firms have already submitted their reports for FMX stocks, with JP Morgan repeating the rating for FMX by listing it as a “Neutral.” The predicted price for FMX in the upcoming period, according to JP Morgan is $109 based on the research report published on September 23, 2024 of the current year 2024.
HSBC Securities gave a rating of “Buy” to FMX, setting the target price at $152 in the report published on February 09th of the current year.
FMX Trading at -3.60% from the 50-Day Moving Average
After a stumble in the market that brought FMX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -36.26% of loss for the given period.
Volatility was left at 2.24%, however, over the last 30 days, the volatility rate increased by 2.00%, as shares sank -0.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.43% lower at present.
During the last 5 trading sessions, FMX fell by -0.31%, which changed the moving average for the period of 200-days by -27.12% in comparison to the 20-day moving average, which settled at $89.00. In addition, Fomento Economico Mexicano S.A.B. de C.V. ADR saw -29.87% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for FMX
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.41 for the gross margin
The net margin for Fomento Economico Mexicano S.A.B. de C.V. ADR stands at 0.03. The total capital return value is set at 0.08. Equity return is now at value 10.28, with 3.68 for asset returns.
Based on Fomento Economico Mexicano S.A.B. de C.V. ADR (FMX), the company’s capital structure generated 0.33 points at debt to capital in total, while cash flow to debt ratio is standing at 0.45. The debt to equity ratio resting at 0.48. The interest coverage ratio of the stock is 2.21.
Currently, EBITDA for the company is 109.03 billion with net debt to EBITDA at 1.33. When we switch over and look at the enterprise to sales, we see a ratio of 4.57. The receivables turnover for the company is 17.77for trailing twelve months and the total asset turnover is 0.87. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.62.
Conclusion
In a nutshell, Fomento Economico Mexicano S.A.B. de C.V. ADR (FMX) has experienced a bad performance in recent times. The stock has received mixed “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.
