Equites Radar

FMX · Fomento Economico Mexicano S.A.

Beverages - BrewersMexicoAnalyst view: Buy

$116.93

-0.55% last session

End-of-day data · close of 2026-09-11

Neutral2 bullish · 2 bearish technical signals
Consensus: Buy (2.27 from 15 analysts)
To mean target: +14.5%

Market cap

$40B

Enterprise value

$259B

Trailing P/E

22.9

Forward P/E

22.6

Dividend yield

5.0%

Beta

0.17

Avg volume

0M

Employees

381K

Daily Change %

-0.55%

5 Days Change

-2.02%

10 Days Change

-2.02%

30 Days Change

-0.21%

60 Days Change

-6.30%

Month to Day Change

-1.65%

Year to Day Change

20.22%

Analyst Outlook

Consensus ratingBuy
Recommendation mean (1–5)2.27
Covering analysts15
Mean price target$134.60
Low price target$111.00
Upside to mean target+14.5%

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

Technical Analysis

RSI (14)37.5
50-day MA$123.53
200-day MA$112.82
Price vs 50-day MA-5.4%
Price vs 200-day MA+3.6%
MACD histogram-0.18
Volume vs 3-month avg0.5×
52w low $87.7652w high $132.15

Analyst sentiment over time — FMX

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

Investment Bank Ratings as of 2026-08-06

Latest call per bank · past 12 months

UBS

Neutral

$139

+18.2% vs price
▲ raised from $0.00Downgrade · 2026-08-06

Bank of America

Buy

$150

+27.6% vs price
▲ raised from $125Upgrade · 2026-08-04

Barclays

Equal-Weight

$130

+10.6% vs price
▲ raised from $125Maintains · 2026-07-14

JP Morgan

Overweight

$126

+7.2% vs price
▲ raised from $117Maintains · 2026-06-26

Goldman Sachs

Buy

$128

+8.9% vs price
▲ raised from $113Maintains · 2026-02-11

Recent rating actions

DateFirmActionRatingPrice target
2026-08-06UBSDowngradeBuyNeutral$0.00 $139
2026-08-04Bank of AmericaUpgradeNeutralBuy$125 $150
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

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 2026-09-11

  • RSI (14): RSI is 38 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 5.3% below the 50-day MA ($123.53).
  • Price vs 200-day MA: Trading 3.6% above the 200-day MA ($112.82).
  • 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 (-0.18) — short-term momentum is fading.
  • 52-week range: Price sits between the 52-week low ($87.76) and high ($132.15).

FMX Price Chart

Loading chart for FMX

Fundamentals

Revenue (TTM)$873B
EBITDA$103B
Free cash flow$90B
Operating cash flow$103B
Book value / share$37.93
Net Debt / EBITDA1.3
WACC5.0%
Revenue growth9.00%
Earnings growth108.00%

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.