Fomento Economico
(NYSE:FMX)
$68.70
-0.01[-0.01%]
At close: Jul 1
$68.71
0.0100[0.01%]
After Hours: 4:00PM EDT
Day High/Low- - -
52 Week High/Low65.82 - 89.59
Open / Close- / -
Float / Outstanding- / 357.8M
Vol / Avg.- / 465.9K
Mkt Cap24.6B
P/E19.95
50d Avg. Price72.24
Div / Yield1.4/2.04%
Payout Ratio33.18
EPS2.23
Total Float216.1M

Fomento Economico (NYSE:FMX), Quotes and News Summary

Fomento Economico (NYSE: FMX)

Day High/Low- - -
52 Week High/Low65.82 - 89.59
Open / Close- / -
Float / Outstanding- / 357.8M
Vol / Avg.- / 465.9K
Mkt Cap24.6B
P/E19.95
50d Avg. Price72.24
Div / Yield1.4/2.04%
Payout Ratio33.18
EPS2.23
Total Float216.1M
Sector: Consumer Staples.Industry: Beverages
Based in Mexico, Femsa is a conglomerate with controlling interests in four entities: publicly traded Coca-Cola Femsa (47% economic interest and 56% voting interest), Femsa Comercio, logistics and distribution, and CB Equity. The latter has a roughly 15% stake in Heineken, while Comercio operates through three business units: proximity, which contains Oxxo, the largest small-format chain in the Americas, with convenience stores in Mexico and South America (including Brazil through a joint venture with Raizen); health, which operates pharmacies across a geographic footprint like Oxxo; and fuel, which operates retail service stations under franchisee arrangements in Mexico. Femsa is also building logistics services and specialized distribution in the United States.

Earnings

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Q2 2022Est.ActualSurprise
EPS
(EXPECTED)2022-07-27
REV
Q1 2022Est.ActualSurprise
EPS0.7500.670 -0.0800
REV6.790B7.195B405.000M

Analyst Ratings

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DateAnalyst FirmAnalyst NameActionRatingAction Price Prior Price Target

Fomento Economico Questions & Answers

Q
How do I buy Fomento Economico (FMX) stock?
A

You can purchase shares of Fomento Economico (NYSE: FMX) through any online brokerage.

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Q
Who are Fomento Economico's (FMX) competitors?
Q
What is the target price for Fomento Economico (FMX) stock?
A

The latest price target for Fomento Economico (NYSE: FMX) was reported by UBS on Tuesday, February 1, 2022. The analyst firm set a price target for 86.00 expecting FMX to rise to within 12 months (a possible 25.18% upside). 4 analyst firms have reported ratings in the last year.

Q
Current Stock Price for Fomento Economico (FMX)?
A

The stock price for Fomento Economico (NYSE: FMX) is $68.7 last updated July 1, 2022, 7:59 PM UTC.

Q
Does Fomento Economico (FMX) pay a dividend?
A

A quarterly cash dividend of $0.83 per share of Class A Common Stock. The quarterly cash dividend was payable on May 16, 2022 to stockholders of record on May 3, 2022.

Q
When is Fomento Economico (NYSE:FMX) reporting earnings?
A

Fomento Economico’s Q2 earnings are confirmed for Wednesday, July 27, 2022.

Q
Is Fomento Economico (FMX) going to split?
A

There is no upcoming split for Fomento Economico.

Q
What sector and industry does Fomento Economico (FMX) operate in?
A

Fomento Economico is in the Consumer Staples sector and Beverages industry. They are listed on the NYSE.