Fomento Economico Mexicano SAB de CV (FMX)

NYSE: FMX · IEX Real-Time Price · USD
74.37
0.12 (0.16%)
May 25, 2022 4:00 PM EDT - Market closed
Market Cap72.38B
Revenue (ttm)27.13B
Net Income (ttm)1.39B
Shares Out973.27M
EPS (ttm)3.91
PE Ratio19.02
Forward PE21.69
Dividend$1.37 (1.84%)
Ex-Dividend DateMay 3, 2022
Volume355,970
Open73.98
Previous Close74.25
Day's Range73.53 - 74.93
52-Week Range67.53 - 89.59
Beta0.47
AnalystsBuy
Price Target99.76 (+34.1%)
Earnings DateMay 2, 2022

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 drugsto...

IndustryBeverages
IPO DateMay 11, 1998
CEOMiguel Eduardo Padilla Silva
Employees323,993
Stock ExchangeNYSE
Ticker SymbolFMX
Full Company Profile

Financial Performance

Financial numbers in millions MXNFinancial Statements

Analyst Forecast

According to 26 analysts, the average rating for FMX stock is "Buy." The 12-month stock price forecast is 99.76, which is an increase of 34.14% from the latest price.

Price Target
$99.76
(34.14% upside)
Analyst Consensus: Buy
Stock Forecasts

News

FMX vs. MNST: Which Stock Is the Better Value Option?

FMX vs. MNST: Which Stock Is the Better Value Option?

Other symbols:MNST
1 week ago - Zacks Investment Research

FEMSA (FMX) Q1 Earnings Lag Estimates, Revenues Surpass

FEMSA's (FMX) Q1 results reflect top-line and operating margin gains, driven by growth across all segments. The gross margin reflects a contraction at Coca-Cola FEMSA and FEMSA's Fuel operations.

3 weeks ago - Zacks Investment Research

FEMSA Announces 1Q22 Financial Results

MONTERREY, Mexico, May 02, 2022 (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 the...

3 weeks ago - GlobeNewsWire

FEMSA (FMX) to Report Q1 Earnings: What's in the Offing?

FEMSA's (FMX) Q1 results are expected to reflect gains from strength across business units, market recovery, digital growth and expansion amid supply-chain woes and higher raw material costs.

3 weeks ago - Zacks Investment Research

FEMSA Files 2021 SEC Annual Report

MONTERREY, Mexico, April 14, 2022 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. ("FEMSA") (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) has filed its annual report on Form 20-F for the fiscal yea...

1 month ago - GlobeNewsWire

FEMSA's Envoy Solutions reaches agreement to acquire Sigma Supply of North America, expanding its footprint in the So...

MONTERREY, Mexico, April 12, 2022 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today that Envoy Solutions (“Env...

1 month ago - GlobeNewsWire

FEMSA Shareholders' Meeting Resolutions

MONTERREY, Mexico, April 08, 2022 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) held its Annual Shareholders' Meeting toda...

1 month ago - GlobeNewsWire

FEMSA Schedules Conference Call to Discuss First Quarter 2022 Financial Results

MONTERREY, Mexico, April 07, 2022 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) is pleased to invite you to participate in its First Quarter 2022 Co...

1 month ago - GlobeNewsWire

FEMSA Announces Ordinary Dividend Proposal for 2022

MONTERREY, Mexico, March 04, 2022 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announces that its Board of Directors has proposed an ordin...

2 months ago - GlobeNewsWire

Wall Street Analysts Think Fomento Economico (FMX) Could Surge 26%: Read This Before Placing a Bet

The average of price targets set by Wall Street analysts indicates a potential upside of 26% in Fomento Economico (FMX). While the effectiveness of this highly sought-after metric is questionable, the p...

2 months ago - Zacks Investment Research

FMX vs. MNST: Which Stock Should Value Investors Buy Now?

FMX vs. MNST: Which Stock Is the Better Value Option?

Other symbols:MNST
2 months ago - Zacks Investment Research

FEMSA (FMX) Misses on Q4 Earnings, Beats Revenues Estimates

FEMSA (FMX) Q4 results gain from robust trends across its business units and markets. However, FEMSA Comercio's Fuel Division impacts the gross margin.

2 months ago - Zacks Investment Research

FEMSA successfully finalizes the acquisition of OK Market stores in Chile

MONTERREY, Mexico, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced that it has successfully closed the acquisition of...

2 months ago - GlobeNewsWire

FEMSA Announces Fourth Quarter and Full Year 2021 Results

MONTERREY, Mexico, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today its operational and financial results for the fourth ...

2 months ago - GlobeNewsWire

FEMSA Announces Annual Shareholders' Meeting

Market-leading Governance Updates Proposed Market-leading Governance Updates Proposed

3 months ago - GlobeNewsWire

FEMSA Announces Time Change for Fourth Quarter and Full Year 2021 Results Conference Call

MONTERREY, Mexico, Feb. 14, 2022 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) today announced that it has modified the start time for its Fourth Qu...

3 months ago - GlobeNewsWire

5 Soft Drink Stocks to Watch Despite Near-Term Industry Woes

The Beverages - Soft Drinks industry witnesses headwinds related to supply-chain disruptions and higher input costs. With innovative product introductions, KO, PEP, KDP, MNST and FMX look well poised.

Other symbols:KDPKOMNSTPEP
4 months ago - Zacks Investment Research

Morgan Stanley Upgrades Femsa - Read Why

Morgan Stanley analyst Ricardo Alves upgraded Femsa or Fomento Economico Mexicano SAB De CV (NYSE:FMX) to Overweight from Equal Weight with a price target of $92, up from $90 (23% upside). Alves calls h...

6 months ago - Benzinga

FEMSA's Envoy Solutions reaches agreement to acquire Johnston Paper, expanding its footprint in the Northeast region ...

MONTERREY, Mexico, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today that Envoy Solutions, FEMSA...

6 months ago - GlobeNewsWire

FEMSA's Envoy Solutions to acquire Next-Gen Supply Group, further expanding its footprint in the Northeast region of ...

MONTERREY, Mexico, Nov. 16, 2021 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today that Envoy Solutions, FEMSA...

6 months ago - GlobeNewsWire

Fomento Economico (FMX) is a Top-Ranked Growth Stock: Should You Buy?

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

6 months ago - Zacks Investment Research

FEMSA (FMX) Surpasses Q3 Earnings and Revenue Estimates

FEMSA (FMX) Q3 results benefit from improved market trends, leading to growth across all segments.

6 months ago - Zacks Investment Research

FEMSA Announces Third Quarter 2021 Results

MONTERREY, Mexico, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today its operational and financial results for the third q...

6 months ago - GlobeNewsWire

Here's How FEMSA (FMX) is Positioned Just Ahead of Q3 Earnings

FEMSA (FMX) is likely to have gained from improved consumption trends, business momentum, digital initiatives and business expansion endeavors in Q3. Supply-chain disruptions are likely to have hurt.

7 months ago - Zacks Investment Research

FEMSA Announces Senior Leadership Succession Plan

Daniel Rodríguez to succeed Eduardo Padilla as CEO in January 2022 Daniel Rodríguez to succeed Eduardo Padilla as CEO in January 2022

7 months ago - GlobeNewsWire