Coca Cola Femsa S.A.B. de C.V. (KOF) Earning Somewhat Positive Media Coverage, Analysis Shows
News coverage about Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF) has trended somewhat positive recently, according to Accern. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Coca Cola Femsa S.A.B. de C.V. earned a news sentiment score of 0.19 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.6525630627734 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
KOF has been the subject of several recent research reports. Zacks Investment Research cut Coca Cola Femsa S.A.B. de C.V. from a “buy” rating to a “hold” rating in a report on Wednesday. BidaskClub cut Coca Cola Femsa S.A.B. de C.V. from a “strong-buy” rating to a “buy” rating in a report on Thursday, August 3rd. Scotiabank raised Coca Cola Femsa S.A.B. de C.V. from a “sector perform” rating to an “outperform” rating in a report on Wednesday, July 5th. Finally, Citigroup Inc. cut Coca Cola Femsa S.A.B. de C.V. from a “buy” rating to a “neutral” rating in a report on Tuesday, June 13th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $87.00.
Shares of Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF) opened at 78.71 on Friday. The firm has a market cap of $16.54 billion, a PE ratio of 17.47 and a beta of 0.95. The company has a 50 day moving average price of $82.91 and a 200 day moving average price of $79.05. Coca Cola Femsa S.A.B. de C.V. has a 12-month low of $59.44 and a 12-month high of $91.85.
Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF) last posted its earnings results on Monday, July 24th. The company reported $0.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.05). Coca Cola Femsa S.A.B. de C.V. had a net margin of 7.09% and a return on equity of 10.72%. The company had revenue of $2.70 billion during the quarter, compared to analysts’ expectations of $2.71 billion. On average, analysts forecast that Coca Cola Femsa S.A.B. de C.V. will post $3.83 earnings per share for the current fiscal year.
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Coca Cola Femsa S.A.B. de C.V. Company Profile
Coca-Cola FEMSA, SAB. de C.V. is a franchise bottler of Coca-Cola trademark beverages across the world. The Company and its subsidiaries are engaged in the production, distribution and marketing of certain Coca-Cola beverages. It is also engaged in acquiring, holding and transferring all types of bonds, shares and marketable securities.
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