Fomento Económico Mexicano, SAB de CV (FMX)
| Market Cap | 151.70B |
| Revenue (ttm) | 27.13B |
| Net Income (ttm) | 1.39B |
| Shares Out | 1.69B |
| EPS (ttm) | 0.69 |
| PE Ratio | 24.54 |
| Forward PE | 16.78 |
| Dividend | $0.09 (0.10%) |
| Ex-Dividend Date | Nov 3, 2022 |
| Volume | 428,333 |
| Open | 87.38 |
| Previous Close | 88.07 |
| Day's Range | 87.38 - 90.01 |
| 52-Week Range | 58.73 - 95.81 |
| Beta | 0.46 |
| Analysts | Buy |
| Price Target | 113.84 (+27.11%) |
| Earnings Date | May 1, 2023 |
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... [Read more]
Analyst Forecast
According to 25 analysts, the average rating for FMX stock is "Buy." The 12-month stock price forecast is $113.84, which is an increase of 27.11% from the latest price.
News
FEMSA ANNOUNCES FINAL TENDER RESULTS AND ACCEPTANCE OF NOTES FOR ITS PREVIOUSLY ANNOUNCED TENDER OFFERS
MONTERREY, Mexico , March 17, 2023 /PRNewswire/ -- FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) ("FEMSA") today announced the final tender results and acceptance for ...
FEMSA Announces Ordinary Dividend Proposal for 2023
MONTERREY, Mexico, March 09, 2023 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announces that its Board of Directors ha...
FEMSA ANNOUNCES EARLY TENDER RESULTS AND ACCEPTANCE OF NOTES FOR ITS PREVIOUSLY ANNOUNCED TENDER OFFERS
MONTERREY, Mexico , March 3, 2023 /PRNewswire/ -- FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) ("FEMSA") today announced the early tender results and acceptance for i...
FEMSA ANNOUNCES THE TOTAL CONSIDERATION FOR ITS PREVIOUSLY ANNOUNCED TENDER OFFERS
MONTERREY, Mexico , March 2, 2023 /PRNewswire/ -- FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. (NYSE: FMX ) (BMV: FEMSAUBD, FEMSAUB) ("FEMSA") today announced the total consideration for its previously ...
FEMSA Announces the date for its Shareholders' Meetings
MONTERREY, Mexico, March 01, 2023 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announces it will hold its Annual Ordina...
FEMSA Announces Fourth Quarter and Full Year 2022 Results
MONTERREY, Mexico, Feb. 24, 2023 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today its operational and financial results for ...
Fomento Economico (FMX) is a Great Momentum Stock: Should You Buy?
Does Fomento Economico (FMX) have what it takes to be a top stock pick for momentum investors? Let's find out.
Why FEMSA (FMX) Looks Poised for an Earnings Beat in Q4
FEMSA's (FMX) Q4 results are expected to reflect gains from strong demand, growth in the digital business and expansion into the specialized distribution industry.
FEMSA ANNOUNCES IN CONNECTION WITH TENDER OFFERS
MONTERREY, Mexico, Feb. 17, 2023 /PRNewswire/ -- FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. ("FEMSA") (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced that it has amended and restated the offer to purcha...
FEMSA announces the pricing of the offering of shares of Heineken N.V. and Heineken Holding N.V.
NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS (AS DEFINED IN REGULATION ...
FEMSA ANNOUNCES COMMENCEMENT OF TENDER OFFER
MONTERREY, Mexico, Feb. 16, 2023 /PRNewswire/ -- FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. ("FEMSA") (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced that it has commenced offers to purchase for cash (t...
Mexico's FEMSA to launch $3.5 bln share, notes offer in Heineken divestment bid
Mexican bottling and retail conglomerate FEMSA will offer a total of 3.5 billion euros ($3.7 billion) in common shares and unsecured notes in Dutch beer giant Heineken as it looks to divest from the c...
Heineken N.V. to participate in equity offering by FEMSA
NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS (AS DEFINED IN REGULATION ...
FEMSA announces an offering of shares of Heineken N.V. and Heineken Holding N.V.
NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS (AS DEFINED IN REGULATION ...
Heineken Holding N.V. notes FEMSA's intention to divest its shareholding in Heineken Holding N.V.
Amsterdam, 16 February 2023 – Heineken Holding N.V. notes the announcement by FEMSA on the outcome of its strategic review. FEMSA announced that it has decided to focus solely on retail, Coca-Cola FEM...
HEINEKEN notes FEMSA's intention to divest its shareholding in Heineken N.V. and Heineken Holding N.V.
Amsterdam , 1 6 February 202 3 – HEINEKEN N.V. (“H EINEKEN”) notes the announcement by FEMSA on the outcome of its strategic review. FEMSA announced that it has decided to focus solely on retail, Coca...
FEMSA Forward: Announcing results of strategic review
MONTERREY, Mexico, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today that its Board of Directo...
FEMSA Schedules Conference Call to Discuss Fourth Quarter and Full Year 2022 Financial Results
MONTERREY, Mexico, Feb. 10, 2023 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) is pleased to invite you to participate i...
FMX or BROS: Which Is the Better Value Stock Right Now?
FMX vs. BROS: Which Stock Is the Better Value Option?
FEMSA signs agreement with Volaris to become the initial partner of FEMSA's new coalition loyalty program
MONTERREY, Mexico, Jan. 23, 2023 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today that it has signed, throu...
The Top 7 Emerging Market Stocks to Consider for Diversification
While the U.S. equities sector generally represents the most stable option for the lion's share of investors, in some cases, it's helpful to expand one's horizons with the top emerging market stocks t...
Will FEMSA's (FMX) Digital Strategy Aid Growth Amid Cost Woes?
FEMSA (FMX) looks good on continued growth in the digital business as well as strength across all segments. The expansion strategy of its national distribution platform is on track.
FEMSA Announces Successful Sustainability Linked Bond Issuance in the Mexican Market
MONTERREY, Mexico, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced the placement of Mexican Peso-d...
FEMSA (FMX) to Expand Digital Payments With NetPay Buyout
FEMSA (FMX) entered a deal to acquire NetPay to expand its digital payment portfolio, and support micro, small and medium-sized businesses in Mexico.
FEMSA signs agreement to acquire NetPay, as part of its digital and financial solutions ecosystem
MONTERREY, Mexico, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today that its subsidiaries hav...