Fomento Económico Mexicano, SAB de CV (FMX)
NYSE: FMX · IEX Real-Time Price · USD
116.31
+0.37 (0.32%)
Jul 19, 2024, 4:00 PM EDT - Market closed
FMX Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for FMX stock have an average target of 135.25, with a low estimate of 127 and a high estimate of 145. The average target predicts an increase of 16.28% from the current stock price of 116.31.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for FMX stock from 6 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $160 → $145 | Buy | Maintains | $160 → $145 | +24.67% | Jul 15, 2024 |
| HSBC | HSBC | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Feb 9, 2024 |
| UBS | UBS | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jan 12, 2024 |
| Citigroup | Citigroup | Hold Initiates $134 | Hold | Initiates | $134 | +15.21% | Dec 7, 2023 |
| Itau BBA | Itau BBA | Buy → Hold Downgrades $127 | Buy → Hold | Downgrades | $127 | +9.19% | Nov 7, 2023 |
Financial Forecast
Revenue This Year
809.25B
from 702.69B
Increased by 15.16%
Revenue Next Year
883.00B
from 809.25B
Increased by 9.11%
EPS This Year
9.97
from 32.80
Decreased by -69.59%
EPS Next Year
11.34
from 9.97
Increased by 13.70%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 861.2B | 949.3B | 1.0T | 1.1T | 1.3T |
| Avg | 809.3B | 883.0B | 950.0B | 1.0T | 1.2T |
| Low | 745.7B | 802.9B | 889.8B | 945.2B | 1.0T |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.6% | 17.3% | 14.6% | 17.6% | 22.4% |
| Avg | 15.2% | 9.1% | 7.6% | 9.5% | 12.7% |
| Low | 6.1% | -0.8% | 0.8% | -0.5% | 0.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.01 | 13.71 | 14.06 |
| Avg | 9.97 | 11.34 | 12.06 |
| Low | 8.15 | 9.50 | 10.41 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -63.4% | 37.5% | 24.0% |
| Avg | -69.6% | 13.7% | 6.4% |
| Low | -75.1% | -4.8% | -8.2% |
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.