Coca Cola Femsa S.A.B. de C.V. (KOF) Earning Somewhat Positive Press Coverage, Report Shows
Press coverage about Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF) has trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Coca Cola Femsa S.A.B. de C.V. earned a coverage optimism score of 0.17 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 47.1659039095873 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
A number of brokerages have recently weighed in on KOF. Citigroup Inc. lowered shares of Coca Cola Femsa S.A.B. de C.V. from a “buy” rating to a “neutral” rating in a report on Tuesday, June 13th. BidaskClub lowered shares of Coca Cola Femsa S.A.B. de C.V. from a “buy” rating to a “hold” rating in a report on Thursday, August 10th. Zacks Investment Research lowered shares of Coca Cola Femsa S.A.B. de C.V. from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 12th. Scotiabank raised shares of 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, Barclays PLC set a $84.00 price objective on shares of Coca Cola Femsa S.A.B. de C.V. and gave the company an “equal weight” rating in a report on Monday, May 1st. Three analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. Coca Cola Femsa S.A.B. de C.V. presently has a consensus rating of “Buy” and a consensus target price of $99.00.
Coca Cola Femsa S.A.B. de C.V. (KOF) traded up 1.09% on Tuesday, reaching $84.25. 92,922 shares of the company were exchanged. The stock has a market capitalization of $17.70 billion, a price-to-earnings ratio of 22.27 and a beta of 0.97. The stock has a 50-day moving average price of $85.46 and a 200 day moving average price of $76.27. Coca Cola Femsa S.A.B. de C.V. has a 52 week low of $59.44 and a 52 week high of $91.85.
Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF) last issued its quarterly earnings data on Monday, July 24th. The company reported $0.58 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.63 by $0.05. Coca Cola Femsa S.A.B. de C.V. had a return on equity of 10.72% and a net margin of 7.09%. The business had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $2.71 billion. Analysts forecast that Coca Cola Femsa S.A.B. de C.V. will post $3.81 earnings per share for the current year.
About Coca Cola Femsa S.A.B. de C.V.
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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