Fomento Economico Mexicano S.A.B. de C.V. ADR (NYSE: FMX) kicked off on Tuesday, down -0.58% from the previous trading day, before settling in for the closing price of $105.52. Over the past 52 weeks, FMX has traded in a range of $98.52-$142.39.
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A company in the Consumer Defensive sector has jumped its sales by 11.24% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 5.05%. With a float of $214.84 million, this company’s outstanding shares have now reached $216.12 million.
In an organization with 392968 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 40.96%, operating margin of 8.63%, and the pretax margin is 7.71%.
Fomento Economico Mexicano S.A.B. de C.V. ADR (FMX) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Beverages – Brewers Industry. The insider ownership of Fomento Economico Mexicano S.A.B. de C.V. ADR is 0.00%, while institutional ownership is 32.58%.
Fomento Economico Mexicano S.A.B. de C.V. ADR (FMX) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 1.59 earnings per share (EPS), higher than consensus estimate (set at 1.4) by 0.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.29 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.05% 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 25.36% growth over the previous five years of trading.
Fomento Economico Mexicano S.A.B. de C.V. ADR (NYSE: FMX) Trading Performance Indicators
Take a look at Fomento Economico Mexicano S.A.B. de C.V. ADR’s (FMX) current performance indicators. Last quarter, stock had a quick ratio of 1.44. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.53. Likewise, its price to free cash flow for the trailing twelve months is 12.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.39, a number that is poised to hit 1.12 in the next quarter and is forecasted to reach 5.41 in one year’s time.
Technical Analysis of Fomento Economico Mexicano S.A.B. de C.V. ADR (FMX)
Let’s dig in a bit further. During the last 5-days, its volume was 0.74 million. That was better than the volume of 0.69 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 10.41%. Additionally, its Average True Range was 2.74.
During the past 100 days, Fomento Economico Mexicano S.A.B. de C.V. ADR’s (FMX) raw stochastic average was set at 3.50%, which indicates a significant decrease from 8.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.34% in the past 14 days, which was lower than the 27.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $110.50, while its 200-day Moving Average is $121.70. However, in the short run, Fomento Economico Mexicano S.A.B. de C.V. ADR’s stock first resistance to watch stands at $105.83. Second resistance stands at $106.74. The third major resistance level sits at $107.66. If the price goes on to break the first support level at $104.00, it is likely to go to the next support level at $103.08. The third support level lies at $102.17 if the price breaches the second support level.
Fomento Economico Mexicano S.A.B. de C.V. ADR (NYSE: FMX) Key Stats
The company with the Market Capitalisation of 22.54 billion has total of 357,785K Shares Outstanding. Its annual sales at the moment are 41,580 M in contrast with the sum of 3,886 M annual income. Company’s last quarter sales were recorded 11,527 M and last quarter income was 730,280 K.
