Fomento Economico Mexicano S.A.B. de C.V. ADR [FMX] stock prices are up 0.53% to $89.47 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The FMX shares have lost -1.35% over the last week, with a monthly amount glided 5.69%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Fomento Economico Mexicano S.A.B. de C.V. ADR [NYSE: FMX] stock has seen the most recent analyst activity on January 21, 2025, when Barclays downgraded its rating to a Equal Weight. Previously, JP Morgan downgraded its rating to Neutral on September 23, 2024, and elevated its price target to $109. On February 26, 2024, downgrade downgraded it’s rating to Neutral. HSBC Securities upgraded its rating to a Buy and increased its price target to $152 on February 09, 2024. UBS downgraded its rating to a Neutral. In a note dated November 07, 2023, Itau BBA downgraded an Market Perform rating on this stock but restated the target price of $127.
The stock price of Fomento Economico Mexicano S.A.B. de C.V. ADR [FMX] has been fluctuating between $80.71 and $129.51 over the past year. Currently, Wall Street analysts expect the stock to reach $138 within the next 12 months. Fomento Economico Mexicano S.A.B. de C.V. ADR [NYSE: FMX] shares were valued at $89.47 at the most recent close of the market. An investor can expect a potential return of 54.24% based on the average FMX price forecast.
Analyzing the FMX fundamentals
The Fomento Economico Mexicano S.A.B. de C.V. ADR [NYSE:FMX] reported sales of 41.71B for trailing twelve months, representing a drop of -5.70%. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.06 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.84.
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 88.60 points at the first support level, and at 87.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 90.17, and for the 2nd resistance point, it is at 90.87.
Ratios To Look Out For
It’s worth pointing out that Fomento Economico Mexicano S.A.B. de C.V. ADR [NYSE:FMX]’s Current Ratio is 1.62. On the other hand, the Quick Ratio is 1.32, and the Cash Ratio is 0.74. Considering the valuation of this stock, the price to sales ratio is 0.44, the price to book ratio is 1.28 and price to earnings (TTM) ratio is 24.40.
