Media stories about Fomento Economico Mexicano S.A.B. de C.V. (NYSE:FMX) have trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Fomento Economico Mexicano S.A.B. de C.V. earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 47.2928814576747 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the headlines that may have effected Accern Sentiment’s analysis:

A number of analysts recently issued reports on FMX shares. 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 research note on Friday, August 4th. BidaskClub lowered shares of Fomento Economico Mexicano S.A.B. de C.V. from a “strong-buy” rating to a “buy” rating in a research note on Friday, July 28th. Gabelli started coverage on shares of Fomento Economico Mexicano S.A.B. de C.V. in a research note on Monday, July 17th. They issued a “buy” rating and a $112.00 price target for the company. Finally, Citigroup Inc. lowered shares of 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. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. Fomento Economico Mexicano S.A.B. de C.V. has a consensus rating of “Buy” and an average target price of $105.67.

Fomento Economico Mexicano S.A.B. de C.V. (FMX) traded up 0.03% during trading on Wednesday, reaching $100.45. 177,876 shares of the company’s stock were exchanged. The stock’s 50-day moving average price is $100.66 and its 200-day moving average price is $92.90. The company has a market capitalization of $35.94 billion, a price-to-earnings ratio of 29.90 and a beta of 0.57. 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 announced its quarterly earnings data on Tuesday, July 25th. The company reported $0.72 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.83 by $0.11. The company had revenue of $6.35 billion during the quarter, compared to analyst estimates 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 expect that Fomento Economico Mexicano S.A.B. de C.V. will post $3.47 earnings per share 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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