Fomento Económico Mexicano, SAB de CV (FMX)

Market Cap	24.90B
Revenue (ttm)	41.43B
Net Income (ttm)	3.87B
Shares Out	214.85M
EPS (ttm)	1.92
PE Ratio	103.91
Forward PE	6.93
Dividend	$0.11 (0.10%)
Ex-Dividend Date	Apr 16, 2024

Volume	1,692,716
Open	117.00
Previous Close	116.38
Day's Range	115.27 - 117.06
52-Week Range	91.71 - 143.43
Beta	0.38
Analysts	Buy
Price Target	131.50 (+13.46%)
Earnings Date	Apr 26, 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: 354,309
• 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 13.46% from the latest price.

Price Target

$131.5

(13.46% upside)

Analyst Consensus: Buy