Fomento Económico Mexicano, SAB de CV (FMX)

Market Cap	23.10B
Revenue (ttm)	41.43B
Net Income (ttm)	3.87B
Shares Out	214.85M
EPS (ttm)	1.80
PE Ratio	24.96
Forward PE	6.93
Dividend	$0.11 (0.10%)
Ex-Dividend Date	Apr 16, 2024

Volume	472,308
Open	108.44
Previous Close	108.39
Day's Range	106.87 - 109.69
52-Week Range	99.24 - 143.43
Beta	0.38
Analysts	Buy
Price Target	131.50 (+22.31%)
Earnings Date	Jul 25, 2024

About FMX

Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. The company produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. It also operates small-box retail chain stores in Mexico, Colombia, Peru, Chile, and Brazil under the OXXO name; retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS name in Mexico; and drugstor...

• Industry: Beverages - Brewers
• Sector: Consumer Staples
• IPO Date: May 11, 1998
• Employees: 392,932
• Stock Exchange: NYSE
• Ticker Symbol: FMX

Financial Performance

In 2023, FMX's revenue was 702.69 billion, an increase of 17.70% compared to the previous year's 597.01 billion. Earnings were 65.69 billion, an increase of 174.75%.

Financial numbers in MXN

Analyst Forecast

According to 6 analysts, the average rating for FMX stock is "Buy." The 12-month stock price forecast is $131.5, which is an increase of 22.31% from the latest price.

Price Target

$131.5

(22.31% upside)

Analyst Consensus: Buy