FY2026 EPS Estimates for Grupo Mexico Raised by Scotiabank

Grupo Mexico, S.A.B. de C.V. (OTCMKTS:GMBXF) – Equities research analysts at Scotiabank increased their FY2026 earnings per share (EPS) estimates for shares of Grupo Mexico in a research note issued to investors on Thursday, June 18th. Scotiabank analyst A. Salazar now anticipates that the company will post earnings per share of $0.83 for the year, up from their prior forecast of $0.74. Scotiabank has a “Sector Perform” rating on the stock. The consensus estimate for Grupo Mexico’s current full-year earnings is $1.11 per share. Scotiabank also issued estimates for Grupo Mexico’s FY2027 earnings at $0.82 EPS.

Separately, The Goldman Sachs Group upgraded shares of Grupo Mexico from a “hold” rating to a “buy” rating in a research note on Friday, April 10th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold”.

Grupo Mexico Trading Up 1.2%

Shares of GMBXF opened at $12.50 on Friday. The stock has a 50-day simple moving average of $11.95 and a 200-day simple moving average of $11.15. Grupo Mexico has a 1 year low of $5.42 and a 1 year high of $12.95.

Grupo Mexico Company Profile

Grupo México is a diversified Mexican industrial conglomerate with principal operations in mining, transportation and infrastructure. The company’s core business is the extraction and processing of base and precious metals, while complementary divisions provide freight rail and logistics services across Mexico. Grupo México operates as a vertically integrated enterprise that combines mineral production with the transport and logistics capabilities needed to move bulk commodities to market.

In mining, Grupo México is best known as the parent of Southern Copper Corporation and as one of the world’s larger copper producers.