Media 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 scores the sentiment of media coverage by analyzing more than twenty 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. Fomento Economico Mexicano S.A.B. de C.V. earned a news sentiment score of 0.19 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.149588567684 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

FMX has been the subject of a number of analyst reports. Barclays PLC lowered their price target on Fomento Economico Mexicano S.A.B. de C.V. from $106.00 to $92.00 and set an “overweight” rating for the company in a research report on Monday, May 1st. Citigroup Inc. lowered Fomento Economico Mexicano S.A.B. de C.V. from a “buy” rating to a “neutral” rating in a research report on Tuesday, June 13th. BidaskClub raised Fomento Economico Mexicano S.A.B. de C.V. from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, July 12th. Zacks Investment Research raised 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 report on Friday, July 14th. Finally, Gabelli initiated coverage on Fomento Economico Mexicano S.A.B. de C.V. in a research report on Monday, July 17th. They issued a “buy” rating and a $112.00 price target for the company. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Fomento Economico Mexicano S.A.B. de C.V. has an average rating of “Buy” and a consensus target price of $105.33.

Shares of Fomento Economico Mexicano S.A.B. de C.V. (NYSE FMX) traded up 1.12% on Monday, reaching $101.11. The company’s stock had a trading volume of 261,326 shares. The stock has a 50-day moving average of $99.82 and a 200 day moving average of $91.57. The company has a market cap of $36.18 billion, a price-to-earnings ratio of 30.09 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 posted its quarterly earnings results 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. Fomento Economico Mexicano S.A.B. de C.V. had a return on equity of 8.42% and a net margin of 5.26%. The business had revenue of $6.35 billion during the quarter, compared to analysts’ expectations of $6.49 billion. On average, equities research analysts forecast that Fomento Economico Mexicano S.A.B. de C.V. will post $3.44 earnings per share for the current year.

TRADEMARK VIOLATION WARNING: This story was originally reported by Watch List News and is the property of of Watch List News. If you are viewing this story on another domain, it was illegally copied and republished in violation of United States and international copyright & trademark law. The legal version of this story can be accessed at https://www.watchlistnews.com/fomento-economico-mexicano-s-a-b-de-c-v-fmx-getting-somewhat-favorable-press-coverage-study-finds/1488255.html.

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)

Receive News & Ratings for Fomento Economico Mexicano S.A.B. de C.V. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fomento Economico Mexicano S.A.B. de C.V. and related companies with Analyst Ratings Network's FREE daily email newsletter.