News articles about Fomento Economico Mexicano S.A.B. de C.V. (NYSE:FMX) have trended somewhat positive this week, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Fomento Economico Mexicano S.A.B. de C.V. earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.4680466425331 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Several research analysts have recently weighed in on FMX shares. Barclays PLC reduced their price target on shares of Fomento Economico Mexicano S.A.B. de C.V. from $106.00 to $92.00 and set an “overweight” rating for the company in a report on Monday, May 1st. Citigroup Inc. cut shares of Fomento Economico Mexicano S.A.B. de C.V. from a “buy” rating to a “neutral” rating in a report on Tuesday, June 13th. BidaskClub upgraded shares of Fomento Economico Mexicano S.A.B. de C.V. from a “buy” rating to a “strong-buy” rating in a report on Wednesday, July 12th. Zacks Investment Research upgraded shares of Fomento Economico Mexicano S.A.B. de C.V. from a “hold” rating to a “buy” rating and set a $112.00 price target for the company in a report on Friday, July 14th. Finally, Gabelli assumed coverage on shares of Fomento Economico Mexicano S.A.B. de C.V. in a report on Monday, July 17th. They issued a “buy” rating and a $112.00 price target for the company. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Fomento Economico Mexicano S.A.B. de C.V. has a consensus rating of “Buy” and an average target price of $105.33.

Shares of Fomento Economico Mexicano S.A.B. de C.V. (NYSE:FMX) traded down 0.59% on Friday, reaching $98.99. 259,839 shares of the company traded hands. The firm has a 50-day moving average price of $98.91 and a 200 day moving average price of $90.15. The company has a market capitalization of $35.42 billion, a PE ratio of 28.78 and a beta of 0.57. Fomento Economico Mexicano S.A.B. de C.V. has a one year low of $73.45 and a one year high of $103.82.

Fomento Economico Mexicano S.A.B. de C.V. (NYSE:FMX) last released its quarterly earnings data on Tuesday, July 25th. The company reported $0.72 earnings per share for the quarter, missing the consensus estimate of $0.83 by $0.11. The company had revenue of $6.35 billion during the quarter, compared to the consensus estimate of $6.49 billion. Fomento Economico Mexicano S.A.B. de C.V. had a net margin of 5.26% and a return on equity of 8.42%. Equities analysts forecast that Fomento Economico Mexicano S.A.B. de C.V. will post $3.43 EPS for the current fiscal year.

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Fomento Economico Mexicano S.A.B. de C.V. Company Profile

Fomento Economico Mexicano, SAB. de C.V. (FEMSA) is a holding company. The Company’s segments are Coca-Cola FEMSA, FEMSA Comercio-Retail Division and FEMSA Comercio-Fuel Division. The Company conducts its operations through holding companies, such as Coca-Cola FEMSA, SAB. de C.V. and subsidiaries (Coca-Cola FEMSA), which produces, distributes and sells beverages; FEMSA Comercio, SA de C.V.

Insider Buying and Selling by Quarter for Fomento Economico Mexicano S.A.B. de C.V. (NYSE:FMX)

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