America Movil S.A.B.DE C.V. ADR [AMX] stock is trading at $18.50, down -2.32%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AMX shares have lost -0.22% over the last week, with a monthly amount drifted -2.43%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
America Movil S.A.B.DE C.V. ADR [NYSE: AMX] stock has seen the most recent analyst activity on February 16, 2024, when Jefferies upgraded its rating to a Buy. Previously, HSBC Securities upgraded its rating to Buy on October 20, 2023, and kept the price target unchanged to $21.50. On October 05, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $25 on the stock. UBS upgraded its rating to a Buy and decreased its price target to $22 on October 04, 2023. Citigroup upgraded its rating to a Buy but $23.50 remained the price target by the analyst firm on August 17, 2023. Goldman started tracking with a Neutral rating for this stock on May 31, 2023, and assigned it a price target of $24. In a note dated May 16, 2023, New Street upgraded an Buy rating on this stock and boosted its target price from $21 to $27.
America Movil S.A.B.DE C.V. ADR [AMX] stock has fluctuated between $15.99 and $23.07 over the past year. Currently, Wall Street analysts expect the stock to reach $24.11 within the next 12 months. America Movil S.A.B.DE C.V. ADR [NYSE: AMX] shares were valued at $18.50 at the most recent close of the market. An investor can expect a potential return of 30.32% based on the average AMX price forecast.
Analyzing the AMX fundamentals
America Movil S.A.B.DE C.V. ADR [NYSE:AMX] reported sales of 46.02B for the trailing twelve months, which represents a growth of 4.13%. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.21 and Total Capital is 0.15. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.43.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.34 points at the first support level, and at 18.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.78, and for the 2nd resistance point, it is at 19.05.
America Movil S.A.B.DE C.V. ADR [AMX] reported earnings per share of $0.33 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.29/share, meaning a difference of $0.04 and a surprise factor of 13.80%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.03 per share as compared to estimates of $0.36 per share, a difference of -$0.33 representing a surprise of -91.70%.
Ratios To Look Out For
For context, America Movil S.A.B.DE C.V. ADR’s Current Ratio is 0.65. As well, the Quick Ratio is 0.61, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 1.25, the price to book ratio is 2.67 and price to earnings (TTM) ratio is 13.78.
