Fomento Económico Mexicano, S.A.B. de C.V. (FMX)
NYSE: FMX · Real-Time Price · USD
87.34
+0.01 (0.01%)
Dec 24, 2024, 1:00 PM EST - Market closed
FMX Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for FMX stock have an average target of 113.5, with a low estimate of 109 and a high estimate of 118. The average target predicts an increase of 29.95% from the current stock price of 87.34.
Analyst Consensus: Buy
* Price targets were last updated on Oct 30, 2024.
Analyst Ratings
The average analyst rating for FMX stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 4 | 4 | 4 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $125 → $118 | Buy | Maintains | $125 → $118 | +35.10% | Oct 30, 2024 |
| Barclays | Barclays | Buy Maintains $145 → $125 | Buy | Maintains | $145 → $125 | +43.12% | Oct 14, 2024 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $104 → $109 | Buy → Hold | Downgrades | $104 → $109 | +24.80% | Sep 23, 2024 |
| Barclays | Barclays | Buy Maintains $160 → $145 | Buy | Maintains | $160 → $145 | +66.02% | Jul 15, 2024 |
| HSBC | HSBC | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Feb 9, 2024 |
Financial Forecast
Revenue This Year
805.64B
from 702.69B
Increased by 14.65%
Revenue Next Year
882.18B
from 805.64B
Increased by 9.50%
EPS This Year
9.52
from 18.36
Decreased by -48.16%
EPS Next Year
10.41
from 9.52
Increased by 9.38%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 846.1B | 926.5B | 1.0T | |||
| Avg | 805.6B | 882.2B | 952.9B | |||
| Low | 745.2B | 809.6B | 877.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 20.4% | 15.0% | 14.7% | |||
| Avg | 14.7% | 9.5% | 8.0% | |||
| Low | 6.0% | 0.5% | -0.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.50 | 11.88 | 12.36 |
| Avg | 9.52 | 10.41 | 10.61 |
| Low | 7.54 | 8.10 | 8.64 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -42.8% | 24.8% | 18.7% |
| Avg | -48.2% | 9.4% | 1.9% |
| Low | -58.9% | -14.8% | -17.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.