América Móvil, SAB de CV (AMX)
| Market Cap | 56.93B |
| Revenue (ttm) | 36.06B |
| Net Income (ttm) | 3.61B |
| Shares Out | 3.11B |
| EPS (ttm) | 1.41 |
| PE Ratio | 16.64 |
| Forward PE | 11.35 |
| Dividend | $0.56 (3.04%) |
| Ex-Dividend Date | Nov 9, 2023 |
| Volume | 1,264,901 |
| Open | 18.51 |
| Previous Close | 18.64 |
| Day's Range | 18.26 - 18.62 |
| 52-Week Range | 16.00 - 23.07 |
| Beta | 0.28 |
| Analysts | Strong Buy |
| Price Target | 21.88 (+19.5%) |
| Earnings Date | Apr 16, 2024 |
About AMX
América Móvil, S.A.B. de C.V. provides telecommunications services in Latin America and internationally. The company offers wireless and fixed voice services, including airtime, local, domestic, and international long-distance services; and network interconnection services. It also provides data services, such as data centers, data administration, and hosting services to residential and corporate clients; value-added services, including Internet access, messaging and other wireless entertainment, and corporate services; data transmission, email... [Read more]
Financial Performance
In 2022, América Móvil's revenue was 844.50 billion, an increase of 1.66% compared to the previous year's 830.69 billion. Earnings were 81.51 billion, a decrease of -58.48%.
Financial numbers in MXN Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for AMX stock is "Strong Buy." The 12-month stock price forecast is $21.88, which is an increase of 19.50% from the latest price.
News
Claro Enterprise Solutions Doubles U.S. Customer Portfolio to Accelerate Security, Productivity and Performance Advantages
Growing businesses, schools and cities can leverage AI-infused solutions and managed services to maintain costs and compliance, while rapidly strengthening cyber-physical security. MIRAMAR, Fla.
America Movil says 5G in focus as $7 bln capex plan remains on track
Mexican telecommunications giant America Movil said it is investing in 5G across its markets as it remains on track to implement its $7.1 billion capital expenditure plan set for this year.
Mexico's America Movil Q1 net profit tumbles over 50% year-on-year
Mexican telecommunications giant America Movil on Tuesday posted a 55.2% decrease in its first-quarter net profit, landing at 13.5 billion pesos, as a stronger peso diluted earnings from abroad.
Claro Enterprise Solutions Recognized for Best Company Outlook 2024
MIRAMAR, Fla. , April 10, 2024 /PRNewswire/ -- Claro Enterprise Solutions (CES) is honored to be recognized by Comparably® as their 2024 recipient for Best Company Outlook.
America Movil to trim 2024 capex to $7 bln after strong spending
Mexican telecommunications giant America Movil said on Wednesday it expected capital expenditure of around $7 billion this year, following years of significant spending on buying spectrum and refreshi...
Mexico's America Movil Q4 net profit jumps 31.7%
Mexican telecommunications giant America Movil on Tuesday posted an 31.7% increase in its fourth-quarter net profit, landing at 18.062 billion pesos ($1.065 billion).
Mexico's America Movil denies report it's eyeing Argentine telecoms firm Arsat
America Movil , the Mexican telecommunications company controlled by billionaire Carlos Slim, on Thursday denied a report it is in talks with Argentine President-elect Javier Milei's team to buy Argen...
Claro Enterprise Solutions Earns Great Place to Work Certification™
MIRAMAR, Fla. , Oct. 3, 2023 /PRNewswire/ -- Claro Enterprise Solutions is proud to be Certified™ by Great Place To Work®.
America Movil prioritizing peso-denominated debt, CFO says
Mexican telecommunications giant America Movil is looking to increase the percentage of its debt held in pesos, Chief Financial Officer Carlos Garcia Moreno said on Wednesday.
Ecuador extends contract with America Movil during renewal talks
Ecuador's government on Tuesday said it will extend its contract with Mexican telecommunications giant America Movil for a mobile phone concession until a new contract is signed.
Claro Enterprise Solutions Announces its Official Partnership with Inter Miami CF
MIRAMAR, Fla. , Aug. 8, 2023 /PRNewswire/ -- Claro Enterprise Solutions is excited to announce its official partnership with Inter Miami CF.
Mexico's America Movil Q2 net profit climbs, beating estimates
Mexican telecommunications giant America Movil on Tuesday said its net profit surged 89.1% in the second quarter on the back of foreign exchange gains, the company said in a filing.
America Movil announces foreign debt offering of up to 20 billion pesos
Mexican telecommunications giant America Movil, controlled by the family of tycoon Carlos Slim, announced the launch of a foreign debt public offering of up to 20 billion pesos ($1.17 billion), the co...
Claro Enterprise Solutions Launches AI Video Analytics
The solution will equip public spaces, including schools, with critical technology needed to help boost security by incorporating advanced intelligence into existing video infrastructures. MIRAMAR, Fl...
América Móvil Files 2022 Annual Report on Form 20-F
MEXICO CITY--(BUSINESS WIRE)--América Móvil, S.A.B. de C.V. (“AMX”) [BMV: AMX] [NYSE: AMX], has filed its annual report for the fiscal year ended December 31, 2022 with the U.S. Securities and Exchang...
Mexico's America Movil quarterly profit slides to $1.7 bln
Mexican telecommunications giant America Movil reported on Tuesday a 2.1% dip in its first quarter net profit compared to a year earlier, landing at 30.15 billion pesos ($1.7 billion), mainly due to a...
Mexico's America Movil projects $8 bln to $8.2 bln investment in 2023
Mexican telecommunications firm America Movil expects to invest between $8 billion and $8.2 billion in 2023, which includes radio-frequency concessions, fiber-optic network expansions and digitalizati...
Mexico's America Movil quarterly profit rises 13.7%
Mexican telecommunications giant America Movil reported on Tuesday a third-quarter net profit of 17.97 billion pesos ($892.83 million), up 13.7% from the same period a year earlier.
Liberty Latin America and América Móvil Combine Their Chilean Operations, VTR and Claro Chile, to Create a New Joint Venture
DENVER, USA and MEXICO CITY, Mexico--(BUSINESS WIRE)--Liberty Latin America Ltd. (“Liberty Latin America” or “LLA”) (NASDAQ: LILA and LILAK, OTC Link: LILAB) and América Móvil S.A.B. de C.V. (“América...
Mexico's America Movil spins off Latin America tower business
MEXICO CITY - Mexican telecommunications giant America Movil said on Monday it had completed the planned spinoff of its Latin American cellular tower business, creating a company called Sitios Latinoa...
America Movil Q2 net profit slides 68% to 13.683 billion pesos
Mexican telecommunications giant America Movil reported on Tuesday that its second quarter net profit plunged 68% to 13.683 billion pesos ($679 million) compared with the same period a year earlier.
América Móvil Files 2021 Annual Report on Form 20-F
MEXICO CITY--(BUSINESS WIRE)--América Móvil, S.A.B. de C.V. (“AMX”) [BMV: AMX] [NYSE: AMX | AMOV], has filed its annual report for the fiscal year ended December 31, 2021 with the U.S. Securities and ...
Mexico's America Movil sees net profit triple in fourth quarter
Mexican telecommunications giant America Movil reported on Tuesday a fourth-quarter net profit of 135.6 billion pesos ($6.6 billion), more than triple the same period a year earlier.
AT&T Mexico says govt should limit America Movil's market concentration - paper
AT&T's top executive in Mexico has urged the government to place limits on its telecom rival America Movil and keep it out of new markets to ensure fair competition, Mexican newspaper Reforma reported...
America Movil shares slip day after pay TV permit not authorized
Shares of Mexican telecoms giant America Movil slipped on Thursday, a day after a highly anticipated vote by a regulator kept the company without a sought-after license to enter the local pay TV marke...