Fomento Economico Mexicano SAB (FMX) Earning Somewhat Positive News Coverage, Report Finds

News articles about Fomento Economico Mexicano SAB (NYSE:FMX) have trended somewhat positive on Monday, Accern Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Fomento Economico Mexicano SAB earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.9571121147314 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

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FMX traded down $3.37 on Monday, reaching $93.08. The company had a trading volume of 645,281 shares, compared to its average volume of 474,009. The company has a market capitalization of $34,511.99, a P/E ratio of 15.86, a P/E/G ratio of 1.60 and a beta of 0.53. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.73 and a quick ratio of 1.39. Fomento Economico Mexicano SAB has a 52-week low of $84.32 and a 52-week high of $103.82.

Fomento Economico Mexicano SAB (NYSE:FMX) last announced its earnings results on Tuesday, February 27th. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $1.08 by ($0.82). The company had revenue of $6.46 billion during the quarter, compared to analysts’ expectations of $6.55 billion. Fomento Economico Mexicano SAB had a net margin of 9.53% and a return on equity of 14.72%. equities analysts anticipate that Fomento Economico Mexicano SAB will post 4 earnings per share for the current year.

A number of brokerages have recently issued reports on FMX. Zacks Investment Research downgraded shares of Fomento Economico Mexicano SAB from a “hold” rating to a “sell” rating in a report on Monday, February 5th. ValuEngine raised shares of Fomento Economico Mexicano SAB from a “buy” rating to a “strong-buy” rating in a report on Monday, February 5th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. Fomento Economico Mexicano SAB has a consensus rating of “Buy” and an average price target of $114.40.

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About Fomento Economico Mexicano SAB

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.

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