Brokerages expect Am�rica M�vil (NYSE:AMX) to report $0.50 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Zero analysts have issued estimates for Am�rica M�vil’s earnings. Am�rica M�vil reported earnings of $0.53 per share during the same quarter last year, which indicates a negative year over year growth rate of 5.7%. The business is scheduled to report its next quarterly earnings report on Wednesday, April 25th.
According to Zacks, analysts expect that Am�rica M�vil will report full-year earnings of $0.97 per share for the current fiscal year, with EPS estimates ranging from $0.86 to $1.06. For the next fiscal year, analysts forecast that the business will report earnings of $1.29 per share, with EPS estimates ranging from $1.02 to $1.81. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts that that provide coverage for Am�rica M�vil.
Am�rica M�vil (NYSE:AMX) last posted its quarterly earnings results on Tuesday, February 13th. The Wireless communications provider reported ($0.16) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by ($0.30). The firm had revenue of $13.92 billion for the quarter, compared to analyst estimates of $14.28 billion. Am�rica M�vil had a return on equity of 16.30% and a net margin of 2.68%.
Several analysts recently issued reports on AMX shares. Santander upgraded shares of Am�rica M�vil from a “hold” rating to a “buy” rating in a research report on Thursday, December 21st. Barclays reiterated a “buy” rating and set a $21.00 price target on shares of Am�rica M�vil in a research report on Friday, January 19th. ValuEngine upgraded shares of Am�rica M�vil from a “hold” rating to a “buy” rating in a research report on Friday, February 9th. Scotiabank set a $20.00 price target on shares of Am�rica M�vil and gave the stock a “buy” rating in a research report on Wednesday, February 14th. Finally, JPMorgan Chase upgraded shares of Am�rica M�vil from an “underweight” rating to a “neutral” rating in a research report on Thursday, February 15th. Three research analysts have rated the stock with a sell rating, one has given a hold rating and eight have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $19.67.
A number of institutional investors have recently modified their holdings of the business. Envestnet Asset Management Inc. boosted its position in Am�rica M�vil by 7.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 481,848 shares of the Wireless communications provider’s stock valued at $8,265,000 after buying an additional 33,025 shares in the last quarter. Pin Oak Investment Advisors Inc. acquired a new stake in Am�rica M�vil in the fourth quarter valued at approximately $212,000. Segall Bryant & Hamill LLC acquired a new stake in Am�rica M�vil in the fourth quarter valued at approximately $281,000. Lake Street Advisors Group LLC acquired a new stake in Am�rica M�vil in the fourth quarter valued at approximately $209,000. Finally, Jane Street Group LLC boosted its position in Am�rica M�vil by 2,093.0% in the fourth quarter. Jane Street Group LLC now owns 565,110 shares of the Wireless communications provider’s stock valued at $9,746,000 after buying an additional 539,341 shares in the last quarter. Hedge funds and other institutional investors own 7.71% of the company’s stock.
Shares of NYSE AMX traded up $0.03 during trading hours on Monday, hitting $19.47. 5,115,597 shares of the stock were exchanged, compared to its average volume of 2,433,001. The company has a current ratio of 0.83, a quick ratio of 0.73 and a debt-to-equity ratio of 2.48. The firm has a market capitalization of $64,223.58, a price-to-earnings ratio of 28.63, a P/E/G ratio of 1.27 and a beta of 0.49. Am�rica M�vil has a 1-year low of $14.34 and a 1-year high of $19.76.
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About Am�rica M�vil
América Móvil, SAB. de C.V. provides telecommunications services in Mexico and internationally. The company offers wireless and fixed voice services, including airtime, local, domestic, and international long-distance services; and network interconnection services. It also provides data services, such as Internet access, messaging, and other wireless entertainment and corporate services; data transmission, email services, instant messaging, content streaming, and interactive applications; and data center, data administration, and hosting services to residential and corporate clients, as well as residential broadband services.
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