Fomento Economico Mexicano SAB (NYSE:FMX) will be issuing its quarterly earnings data after the market closes on Tuesday, February 27th. Analysts expect the company to announce earnings of $1.08 per share for the quarter.
Fomento Economico Mexicano SAB (NYSE FMX) opened at $93.92 on Friday. 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 has a fifty-two week low of $80.39 and a fifty-two week high of $103.82. The stock has a market capitalization of $33,703.31, a PE ratio of 13.21, a PEG ratio of 1.62 and a beta of 0.52.
Several equities analysts recently weighed in on the company. ValuEngine upgraded Fomento Economico Mexicano SAB from a “buy” rating to a “strong-buy” rating in a research note on Monday, February 5th. Zacks Investment Research lowered Fomento Economico Mexicano SAB from a “hold” rating to a “sell” rating in a research note on Monday, February 5th. Finally, Credit Suisse Group lowered Fomento Economico Mexicano SAB from an “outperform” rating to a “neutral” rating in a research note on Wednesday, December 20th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, four have given a buy rating and two have issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $114.40.
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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.
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