Fomento Económico Mexicano, SAB de CV (FMX)
NYSE: FMX · IEX Real-Time Price · USD
102.50
+1.19 (1.17%)
Jun 2, 2023, 4:00 PM EDT - Market closed
FMX Stock Forecast
Stock Price Forecast
According to 4 stock analysts, the average 12-month stock price forecast for FMX stock stock is $100.3, which predicts a decrease of -2.15%. The lowest target is 77 and the highest is 110. On average, analysts rate FMX stock stock as a buy.
Analyst Consensus: Buy
* Price targets were last updated on May 3, 2023.
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 | Dec '22 | Jan '23 | Feb '23 | Mar '23 | Apr '23 | May '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 1 | 2 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 4 | 4 | 4 |
Financial Forecast
Revenue This Year
770.85B
from 673.20B
Increased by
14.51%
Revenue Next Year
835.15B
from 770.85B
Increased by
8.34%
EPS This Year
9.60
from 11.90
Decreased by
-19.32%
EPS Next Year
10.78
from 9.60
Increased by
12.24%
| Year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 469.74B | 506.71B | 492.97B | 556.26B | 673.20B | 770.85B | 835.15B | 912.96B |
| Revenue Growth | 6.78% | 7.87% | -2.71% | 12.84% | 21.02% | 14.51% | 8.34% | 9.32% |
| EPS | 20.40 | 10.30 | -1.00 | 14.20 | 11.90 | 9.60 | 10.78 | 13.31 |
| EPS Growth | - | -49.51% | - | - | -16.20% | -19.32% | 12.24% | 23.56% |
| No. Analysts | - | - | - | - | - | 15 | 12 | 6 |
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 828.3B | 883.9B | 949.8B |
| Avg | 770.9B | 835.1B | 913.0B |
| Low | 695.3B | 745.7B | 855.4B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 23.0%
| 14.7%
| 13.7%
|
| Avg | 14.5%
| 8.3%
| 9.3%
|
| Low | 3.3%
| -3.3%
| 2.4%
|
EPS Forecast
| EPS | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 11.03 | 12.87 | 14.48 |
| Avg | 9.60 | 10.78 | 13.31 |
| Low | 6.88 | 8.44 | 11.27 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | -7.4%
| 34.1%
| 34.4%
|
| Avg | -19.3%
| 12.2%
| 23.6%
|
| Low | -42.2%
| -12.1%
| 4.6%
|
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.