Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Fomento Economico Mexicano SAB (NYSE:FMX) Stock Price

News headlines about Fomento Economico Mexicano SAB (NYSE:FMX) have been trending somewhat positive recently, according to Accern. Accern scores the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Fomento Economico Mexicano SAB earned a news impact score of 0.14 on Accern’s scale. Accern also gave media headlines about the company an impact score of 45.5558079469724 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Fomento Economico Mexicano SAB (NYSE:FMX) traded up $2.17 during mid-day trading on Tuesday, reaching $97.50. 640,079 shares of the company traded hands, compared to its average volume of 414,040. The stock has a market cap of $33,010.00, a P/E ratio of 14.28, a PEG ratio of 1.64 and a beta of 0.54. Fomento Economico Mexicano SAB has a 52 week low of $74.30 and a 52 week high of $103.82. The company has a quick ratio of 1.55, a current ratio of 1.88 and a debt-to-equity ratio of 0.36.

Fomento Economico Mexicano SAB (NYSE:FMX) last posted its quarterly earnings results on Thursday, October 26th. The company reported $5.00 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.27 by $3.73. Fomento Economico Mexicano SAB had a net margin of 10.91% and a return on equity of 17.30%. analysts predict that Fomento Economico Mexicano SAB will post 7.23 earnings per share for the current fiscal year.

A number of analysts have recently issued reports on the stock. Credit Suisse Group cut shares of Fomento Economico Mexicano SAB from an “outperform” rating to a “neutral” rating in a research note on Wednesday, December 20th. ValuEngine upgraded shares of Fomento Economico Mexicano SAB from a “hold” rating to a “buy” rating in a research report on Thursday, December 14th. Zacks Investment Research upgraded shares of Fomento Economico Mexicano SAB from a “sell” rating to a “hold” rating in a research report on Tuesday, November 14th. Barclays lowered their price objective on shares of Fomento Economico Mexicano SAB from $115.00 to $114.00 and set an “overweight” rating for the company in a research report on Wednesday, October 11th. Finally, JPMorgan Chase & Co. upgraded shares of Fomento Economico Mexicano SAB from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $98.00 to $117.00 in a research report on Monday, October 2nd. Three investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $114.40.

WARNING: “Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Fomento Economico Mexicano SAB (NYSE:FMX) Stock Price” was reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this news story on another publication, it was stolen and republished in violation of United States and international trademark and copyright legislation. The correct version of this news story can be viewed at https://www.dispatchtribunal.com/2018/01/16/fomento-economico-mexicano-sab-fmx-receiving-somewhat-favorable-news-coverage-analysis-shows.html.

Fomento Economico Mexicano SAB Company Profile

Fomento Economico Mexicano, SAB. de C.V. (FEMSA) is a holding company. The Company’s segments are Coca-Cola FEMSA, FEMSA Comercio-Retail Division and FEMSA Comercio-Fuel Division. The Company conducts its operations through holding companies, such as Coca-Cola FEMSA, SAB. de C.V. and subsidiaries (Coca-Cola FEMSA), which produces, distributes and sells beverages; FEMSA Comercio, SA de C.V.

Insider Buying and Selling by Quarter for Fomento Economico Mexicano SAB (NYSE:FMX)

Receive News & Ratings for Fomento Economico Mexicano SAB Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fomento Economico Mexicano SAB and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply