Fomento Economico Mexicano S.A. which can be found using ticker (FMX) have now 9 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 122 and 84 calculating the mean target price we have $104.85. Now with the previous closing price of $95.60 this now indicates there is a potential upside of 9.7%. Also worth taking note is the 50 day moving average now sits at $91.80 and the 200 day moving average is $76.40. The company has a market cap of $169,948m. Visit the company website at: https://www.femsa.com
The potential market cap would be $186,391m based on the market consensus.
Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. The company produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. It also operates small-box retail chain stores in Mexico, Colombia, Peru, Chile, and Brazil under the OXXO name; retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS name in Mexico; and drugstores in Chile, Colombia, Ecuador, and Mexico under the Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon names. In addition, the company is involved in the production and distribution of collers, commercial refrigeration equipment, plastic boxes, food processing, and preservation and weighing equipment; and provision of logistic transportation, distribution and maintenance, point-of-sale refrigeration, and plastics solutions, as well as distribution platform for cleaning products and consumables. Further, it operates small-box retail and food convenience chain stores in Switzerland, Germany, Austria, Luxembourg, and the Netherlands under the k kiosk, Brezelkönig, BackWerk, Ditsch, Press & Books, avec, Caffè Spettacolo, and ok.) names, as well as pretzels under the Ditsch name. The company was founded in 1890 and is based in Monterrey, Mexico.
The company has a dividend yield of 1.8% with the ex dividend date set at 3-11-2022 (DMY).
Other points of data to note are a P/E ratio of 28.7, revenue per share of 1881.38 and a 4.73% return on assets.
