The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Fomento Economico Mexicano S.A.B. de C.V. ADR (FMX) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.04, or 0.03%, to $126.10. The Fomento Economico Mexicano S.A.B. de C.V. ADR has recorded 2,564 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that FEMSA ANNOUNCES FINAL RESULTS OF ITS PREVIOUSLY ANNOUNCED TENDER OFFER FOR ITS OUTSTANDING NOTES DUE 2043.
The company is listed on the NYSE and operates within the Beverages – Brewers industry segment. At the end of the last regular session, the stock closed at $126.06 and fluctuated between $126.57 as its day high and $121.59 as its day low. The current market capitalization of Fomento Economico Mexicano S.A.B. de C.V. ADR is $27.24B. A total of 0.61 million shares were traded on the day, compared to an average of 618.77K shares.
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Fomento Economico Mexicano S.A.B. de C.V. ADR pays an annual dividend of $2.09, resulting in a dividend yield of 1.66%, and it has a price to earnings (P/E) ratio of 12.34. FMX’s most recent ex-dividend date was 11/3/2023 when it declared a $1.0001 quarterly dividend that was paid in cash on 11/7/2023. Previously, the company paid the dividend on 5/18/2023 with an ex-dividend date of 5/4/2023. The FMX stock dividend was $1.0138 per share in cash.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for FMX in the last 3 months, the mean price target is $2,383.26 with high estimates of $2,990.00 and low estimates of $1,781.26. In terms of 52-week highs and lows, FMX has a high of $125.54 and a low of $74.90.
As of this writing, FMX has an earnings estimate of $2.09 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of $2.09 per share and a lower estimate of $2.09. The company reported an EPS of $0.97 in the last quarter, which was 5.40% higher than expectations of $0.92.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. FMX’s latest balance sheet shows that the firm has $121.82B in Cash & Short Term Investments as of fiscal 2021. There were $246.85B in debt and $136.72B in liabilities at the time. Its Book Value Per Share was $47.42, while its Total Shareholder’s Equity was $334.82B.
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FMX is Buy with a score of 4.75.