Fomento Economico Mexicano S.A.B. de C.V. ADR (NYSE: FMX): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. The stock was recently discussed on Yahoo Finance as it revealed that FEMSA ANNOUNCES FINAL RESULTS OF ITS PREVIOUSLY ANNOUNCED TENDER OFFER FOR ITS OUTSTANDING NOTES DUE 2043.

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Stocks Info

FMX belongs to the Consumer Defensive sector of the NYSE while operating in the Beverages – Brewers industry. At the end of the last regular session, the stock closed at $135.64 and fluctuated between $136.49 as its day high and $134.04 as its day low. The current market capitalization of Fomento Economico Mexicano S.A.B. de C.V. ADR is $29.31B. A total of 0.59 million shares were traded on the day, compared to an average of 529.42K shares.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Fomento Economico Mexicano S.A.B. de C.V. ADR pays an annual dividend of $2.08, resulting in a dividend yield of 1.53%, and it has a price to earnings (P/E) ratio of 13.13. 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.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for FMX in the last 3 months, the mean price target is $248.69 with high estimates of $324.00 and low estimates of $189.00. In terms of 52-week highs and lows, FMX has a high of $134.81 and a low of $81.14.

As of this writing, FMX has an earnings estimate of $1.81 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of $2.1 per share and a lower estimate of $1.52. 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 organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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 $252.94B in debt and $136.72B in liabilities at the time. Its Book Value Per Share was $48.45, while its Total Shareholder’s Equity was $335.12B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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 4.33.

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