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Fomento Económico Mexicano (FMX) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

FMX Stock Forecast

Fomento Económico Mexicano (FMX) stock forecast, based on 4 Wall Street analysts, predicts a 12-month average price target of $138.00, with a high of $138.00 and a low of $138.00. This represents a 59.30% increase from the last price of $86.63.

$85 $96 $107 $118 $129 $140 High: $138 Avg: $138 Low: $138 Last Closed Price: $86.63

FMX Stock Rating

Fomento Económico Mexicano stock's rating consensus is Buy, based on 4 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 4 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 4 0 4 Strong Sell Sell Hold Buy Strong Buy

FMX Forecast vs Benchmarks

TypeNameUpside
StockFomento Económico Mexicano59.30%
SectorConsumer Defensive Stocks 12.48%
IndustryBeer Stocks37.66%

Price Target Trends

1M3M12M
# Anlaysts--3
Avg Price Target--$147.00
Last Closing Price$86.63$86.63$86.63
Upside/Downside--69.69%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25536--14
Dec, 24534--12
Nov, 24597--21
Oct, 24497--20
Sep, 24497--20
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 28, 2024Ricardo AlvesMorgan Stanley$138.00$98.1840.56%59.30%
Jul 15, 2024Benjamin TheurerBarclays$145.00$117.5023.40%67.38%
Feb 09, 2024Carlos LaboyHSBC$158.00$141.6411.55%82.38%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Oct 28, 2024Morgan StanleyOverweightOverweighthold
Jul 15, 2024BarclaysOverweightOverweighthold
Feb 09, 2024HSBCHoldBuyupgrade
Oct 30, 2023BarclaysOverweightupgrade
Jun 07, 2023HSBCHoldupgrade
Jun 01, 2022BradescoNeutralOutperformupgrade

Financial Forecast

EPS Forecast

$0 $40 $80 $120 $160 $200 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.15$71.00$59.50$18.55-----
Avg Forecast$18.13$73.64$79.45$180.97$98.49$107.02$116.28$104.72$121.49
High Forecast$17.13$69.56$76.25$175.45$87.84$92.81$111.14$100.09$116.11
Low Forecast$19.08$77.47$87.53$186.49$102.79$122.22$123.13$110.89$128.65
Surprise %-93.66%-3.59%-25.11%-89.75%-----

Revenue Forecast

$450B $610B $770B $930B $1T $1T Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$492.97B$556.26B$673.20B$702.69B-----
Avg Forecast$483.78B$537.98B$657.21B$771.95B$774.53B$844.36B$907.34B$1.07T$1.17T
High Forecast$463.17B$515.05B$636.85B$745.36B$710.25B$810.41B$876.45B$1.03T$1.13T
Low Forecast$503.15B$559.52B$708.62B$798.55B$810.97B$899.12B$948.46B$1.11T$1.22T
Surprise %1.90%3.40%2.43%-8.97%-----

Net Income Forecast

$0 $100B $200B $300B $400B $500B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$4.12B$28.49B$23.91B$66.39B-----
Avg Forecast$64.88B$263.50B$401.80B$331.66B$352.43B$382.93B$416.09B$374.72B$434.72B
High Forecast$61.28B$248.90B$321.44B$265.33B$314.31B$332.11B$397.68B$358.14B$415.48B
Low Forecast$68.26B$277.21B$482.16B$397.99B$367.81B$437.33B$440.60B$396.79B$460.33B
Surprise %-93.65%-89.19%-94.05%-79.98%-----

FMX Forecast FAQ

Is Fomento Económico Mexicano stock a buy?

Fomento Económico Mexicano stock has a consensus rating of Buy, based on 4 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 4 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Fomento Económico Mexicano is a favorable investment for most analysts.

What is Fomento Económico Mexicano's price target?

Fomento Económico Mexicano's price target, set by 4 Wall Street analysts, averages $138 over the next 12 months. The price target range spans from $138 at the low end to $138 at the high end, suggesting a potential 59.30% change from the previous close price of $86.63.

How does Fomento Económico Mexicano stock forecast compare to the average forecast of its sector, industry, and investment themes?

Fomento Económico Mexicano stock forecast shows a 59.30% upside, outperforming the average forecast for the consumer defensive stocks sector (12.48%) and outperforming the beer stocks industry (37.66%).

What is the breakdown of analyst ratings for Fomento Económico Mexicano over the past three months?

  • January 2025: 35.71% Strong Buy, 21.43% Buy, 42.86% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 41.67% Strong Buy, 25.00% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 23.81% Strong Buy, 42.86% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.

What is Fomento Económico Mexicano’s EPS forecast?

Fomento Económico Mexicano's average annual EPS forecast for its fiscal year ending in December is 98.49 for 2024, a 430.94% increase from the reported $18.55 in 2023. The prediction for 2025 is $107.02, $116.28 for 2026, $104.72 for 2027, and $121.49 for 2028.

What is Fomento Económico Mexicano’s revenue forecast?

Fomento Económico Mexicano's average annual revenue forecast for its fiscal year ending in December is $774.53B for 2024, a 10.22% increase from the reported $702.69B in 2023. The forecast for 2025 is $844.36B, $907.34B for 2026, $1.07T for 2027, and $1.17T for 2028.

What is Fomento Económico Mexicano’s net income forecast?

For its fiscal year ending in December, Fomento Económico Mexicano's average annual net income forecast is $352.43B for 2024, reflecting an 430.85% increase from the reported $66.39B in 2023. The projection for 2025 is $382.93B, $416.09B for 2026, $374.72B for 2027, and $434.72B for 2028.