News stories about Fomento Economico Mexicano S.A.B. de C.V. (NYSE:FMX) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Fomento Economico Mexicano S.A.B. de C.V. earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.6697329582665 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:

Several brokerages have weighed in on FMX. Zacks Investment Research cut Fomento Economico Mexicano S.A.B. de C.V. from a “buy” rating to a “hold” rating in a research note on Wednesday. BidaskClub upgraded Fomento Economico Mexicano S.A.B. de C.V. from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, July 12th. Gabelli assumed coverage on Fomento Economico Mexicano S.A.B. de C.V. in a research note on Monday, July 17th. They set a “buy” rating and a $112.00 target price on the stock. Citigroup Inc. cut Fomento Economico Mexicano S.A.B. de C.V. from a “buy” rating to a “neutral” rating in a research note on Tuesday, June 13th. Finally, Barclays PLC lowered their target price on Fomento Economico Mexicano S.A.B. de C.V. from $106.00 to $92.00 and set an “overweight” rating on the stock in a research note on Monday, May 1st. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $105.67.

Fomento Economico Mexicano S.A.B. de C.V. (NYSE FMX) traded up 0.67% during midday trading on Friday, hitting $101.01. The stock had a trading volume of 264,788 shares. The firm has a market cap of $36.14 billion, a price-to-earnings ratio of 30.15 and a beta of 0.57. The firm has a 50 day moving average of $100.23 and a 200 day moving average of $92.06. Fomento Economico Mexicano S.A.B. de C.V. has a 52 week low of $73.45 and a 52 week high of $103.82.

Fomento Economico Mexicano S.A.B. de C.V. (NYSE:FMX) last posted its earnings results on Tuesday, July 25th. The company reported $0.72 earnings per share for the quarter, missing analysts’ consensus estimates of $0.83 by $0.11. Fomento Economico Mexicano S.A.B. de C.V. had a net margin of 5.26% and a return on equity of 8.42%. The firm had revenue of $6.35 billion during the quarter, compared to the consensus estimate of $6.49 billion. Equities research analysts predict that Fomento Economico Mexicano S.A.B. de C.V. will post $3.44 EPS for the current 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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