Equites Radar

FMX · Fomento Economico Mexicano S.A.

Beverages - BrewersMexicoAnalyst view: Buy

$127.12

-3.34% last session

End-of-day data · updated 2026-07-28

Bullish4 bullish · 1 bearish technical signals
Consensus: Buy (2.07 from 15 analysts)
To mean target: +2.7%

Market cap

$45B

Enterprise value

$268B

Trailing P/E

29.0

Forward P/E

25.1

Dividend yield

5.0%

Beta

0.16

Avg volume

1M

Employees

370K

2D change

5D change

3.99%

10D change

2.43%

30D change

3.97%

60D change

12.57%

MTD change

4.59%

YTD change

34.66%

Analyst Outlook

Consensus ratingBuy
Recommendation mean (1–5)2.07
Covering analysts15
Mean price target$130.56
Low price target$111.00
Upside to mean target+2.7%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)50.9
50-day MA$124.37
200-day MA$108.03
Price vs 50-day MA+2.7%
Price vs 200-day MA+18.2%
MACD histogram-0.19
Volume vs 3-month avg1.7×
52w low $81.2452w high $132.15

Analyst sentiment over time — FMX

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-07-14

Latest call per bank · past 12 months

Barclays

Equal-Weight

$130

+2.3% vs price
▲ raised from $125Maintains · 2026-07-14

JP Morgan

Overweight

$126

-0.9% vs price
▲ raised from $117Maintains · 2026-06-26

UBS

Buy

$139

+9.3% vs price
▲ raised from $122Maintains · 2026-05-28

Goldman Sachs

Buy

$128

+0.7% vs price
▲ raised from $113Maintains · 2026-02-11

Citigroup

Buy

$97.00

-23.7% vs price
▲ raised from $93.00Upgrade · 2025-09-09

Morgan Stanley

Equal-Weight

$97.00

-23.7% vs price
▼ cut from $132Downgrade · 2025-08-19

Recent rating actions

DateFirmActionRatingPrice target
2026-07-14BarclaysMaintainsEqual-Weight$125 $130
2026-06-26JP MorganMaintainsOverweight$117 $126
2026-05-28UBSMaintainsBuy$122 $139
2026-05-04BarclaysMaintainsEqual-Weight$118 $125
2026-04-20JP MorganMaintainsNeutral$98.00 $117
2026-03-20UBSMaintainsBuy$109 $122
2026-03-03BarclaysMaintainsEqual-Weight$116 $118
2026-02-11Goldman SachsMaintainsBuy$113 $128

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-07-28

  • RSI (14): RSI is 51 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 2.7% above the 50-day MA ($124.37).
  • Price vs 200-day MA: Trading 18.2% above the 200-day MA ($108.03).
  • MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
  • MACD (12,26,9): MACD histogram is negative (-0.19) — short-term momentum is fading.
  • 52-week range: Price is within 5% of the 52-week high ($132.15).

FMX Price Chart

Loading chart for FMX

Fundamentals

Revenue (TTM)$853B
EBITDA$106B
Free cash flow$159B
Operating cash flow$87B
Book value / share$35.88
Net debt / EBITDA1.4
WACC5.0%
Revenue growth6.00%
Earnings growth168.00%

About Fomento Economico Mexicano S.A.

Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a franchise bottler of Coca-Cola trademark beverages worldwide. The company operates through Coca-Cola FEMSA, Proximity Americas Division, Proximity Europe Division, Health Division, Fuel Division, and Others segments. It produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. The company also operates small-box retail chain stores in Mexico, Colombia, Peru, Chile, Brazil, and the United States under the OXXO name; retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS name in Mexico; and drugstores in Chile, Colombia, Ecuador, and Mexico under the Cruz Verde, Fybeca, Sana Sana, YZA, La Moderna, and Farmacon names. In addition, the company provides transport logistics and maintenance services in Mexico, Brazil, and Colombia; processes electronic transactions for small and medium-sized businesses under the Spin name; and engages in the proximity discount grocery business under the Bara name. Further, it operates small-box retail and foodvenience chain stores in Switzerland, Germany, Austria, Luxembourg, and the Netherlands under the k kiosk, Brezelkönig, BackWerk, Ditsch, Press & Books, avec, Caffè Spettacolo, and ok.– brands. Fomento Económico Mexicano, S.A.B. de C.V. was founded in 1890 and is headquartered in Monterrey, Mexico.

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.