Fomento Económico Mexicano, S.A.B. de C.V. (FMX)
NYSE: FMX · Real-Time Price · USD
100.92
+0.76 (0.76%)
Sep 26, 2024, 4:00 PM EDT - Market closed
FMX Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for FMX stock have an average target of 128.75, with a low estimate of 109 and a high estimate of 145. The average target predicts an increase of 27.58% from the current stock price of 100.92.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for FMX stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy → Hold Downgrades $104 → $109 | Buy → Hold | Downgrades | $104 → $109 | +8.01% | Sep 23, 2024 |
| Barclays | Barclays | Buy Maintains $160 → $145 | Buy | Maintains | $160 → $145 | +43.68% | Jul 15, 2024 |
| HSBC | HSBC | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Feb 9, 2024 |
| UBS | UBS | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jan 12, 2024 |
| Citigroup | Citigroup | Hold Initiates $134 | Hold | Initiates | $134 | +32.78% | Dec 7, 2023 |
Financial Forecast
Revenue This Year
806.16B
from 702.69B
Increased by 14.72%
Revenue Next Year
879.68B
from 806.16B
Increased by 9.12%
EPS This Year
9.56
from 18.36
Decreased by -47.93%
EPS Next Year
10.62
from 9.56
Increased by 11.13%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 846.1B | 926.5B | 1.0T | ||
| Avg | 806.2B | 879.7B | 952.1B | ||
| Low | 749.5B | 818.3B | 884.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.4% | 14.9% | 15.0% | ||
| Avg | 14.7% | 9.1% | 8.2% | ||
| Low | 6.7% | 1.5% | 0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.06 | 12.59 | 14.06 |
| Avg | 9.56 | 10.62 | 10.95 |
| Low | 7.54 | 8.10 | 8.64 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -39.8% | 31.7% | 32.3% |
| Avg | -47.9% | 11.1% | 3.0% |
| Low | -58.9% | -15.2% | -18.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.