January 24, 2023, Fomento Economico Mexicano S.A.B. de C.V. (NYSE: FMX) trading session started at the price of $85.49, that was 0.50% jump from the session before. During the day, the shares moved up to $86.38 and dropped to $85.29 before settling in for the closing price of $85.58. A 52-week range for FMX has been $58.73 – $87.88.
Consumer Defensive Sector giant saw their annual sales surged by 6.80% over the last five years. When this article was written, the company’s average yearly earnings per share was at 3.10%. With a float of $354.24 million, this company’s outstanding shares have now reached $357.82 million.
The firm has a total of 342363 workers. Let’s measure their productivity. In terms of profitability, gross margin is +37.98, operating margin of +9.37, and the pretax margin is +7.40.
Fomento Economico Mexicano S.A.B. de C.V. (FMX) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Fomento Economico Mexicano S.A.B. de C.V. stocks. The insider ownership of Fomento Economico Mexicano S.A.B. de C.V. is 79.80%, while institutional ownership is 37.40%.
Fomento Economico Mexicano S.A.B. de C.V. (FMX) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/29/2022, it has been observed that the corporation posted $1.48 earnings per share (EPS) during the time that was better than consensus figure (set at $0.98) by $0.5. This company achieved a net margin of +5.12 while generating a return on equity of 11.39. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.78 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 3.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.30% during the next five years compared to 46.50% growth over the previous five years of trading.
Fomento Economico Mexicano S.A.B. de C.V. (NYSE: FMX) Trading Performance Indicators
You can see what Fomento Economico Mexicano S.A.B. de C.V. (FMX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.83. Likewise, its price to free cash flow for the trailing twelve months is 20.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.93, a number that is poised to hit 1.24 in the next quarter and is forecasted to reach 4.83 in one year’s time.
Technical Analysis of Fomento Economico Mexicano S.A.B. de C.V. (FMX)
Analysing the last 5-days average volume posted by the [Fomento Economico Mexicano S.A.B. de C.V., FMX], we can find that recorded value of 0.73 million was better than the volume posted last year of 0.58 million. As of the previous 9 days, the stock’s Stochastic %D was 66.66%. Additionally, its Average True Range was 1.83.
During the past 100 days, Fomento Economico Mexicano S.A.B. de C.V.’s (FMX) raw stochastic average was set at 93.42%, which indicates a significant increase from 81.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.56% in the past 14 days, which was lower than the 23.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $79.53, while its 200-day Moving Average is $70.82. Now, the first resistance to watch is $86.50. This is followed by the second major resistance level at $86.98. The third major resistance level sits at $87.59. If the price goes on to break the first support level at $85.41, it is likely to go to the next support level at $84.80. Should the price break the second support level, the third support level stands at $84.32.
Fomento Economico Mexicano S.A.B. de C.V. (NYSE: FMX) Key Stats
There are 357,820K outstanding shares of the company, which has a market capitalization of 27.81 billion. As of now, sales total 27,116 M while income totals 1,388 M. Its latest quarter income was 8,480 M while its last quarter net income were 530,950 K.