Fomento Economico Stock Target Price and Analyst Consensus

FMX Stock  USD 118.68  1.12  0.95%   
The current analyst and expert consensus on Fomento Economico is Buy with 5 hold recommendations. The current projected Fomento Economico target price consensus is 126.33 with 14 analyst opinions. One of the most common ways Fomento Economico analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Fomento Economico vendors, executives, and/or customers. Fomento Economico recommendation module provides expert sentiment on the projected Fomento Economico target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Fomento Economico to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
114.96
Highest Forecast
140.23
Target Price
126.33
At this time, Fomento Economico's Gross Profit is fairly stable compared to the past year. Pretax Profit Margin is likely to rise to 0.11 in 2024, whereas Net Profit Margin is likely to drop 0.05 in 2024. At this time, Fomento Economico's Non Currrent Assets Other are fairly stable compared to the past year. Cash And Short Term Investments is likely to rise to about 201.4 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 18.5 B in 2024.
  
It's important to approach Fomento Economico's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Fomento Economico price targets

Fomento Economico's stock target price is an estimate of its future price, usually made by analysts. Using Fomento Economico's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Fomento Economico's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Fomento Economico's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Fomento Economico Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Fomento Economico is a key component of Fomento Economico valuation and have some predictive power on the future returns of a Fomento Economico.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fomento Economico's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
115.82117.80119.78
Details
Intrinsic
Valuation
LowRealHigh
106.81124.72126.70
Details
Naive
Forecast
LowNextHigh
124.21126.20128.18
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.091.161.21
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Fomento Economico. Your research has to be compared to or analyzed against Fomento Economico's peers to derive any actionable benefits. When done correctly, Fomento Economico's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Fomento Economico.

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When determining whether Fomento Economico offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fomento Economico's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fomento Economico Mexicano Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fomento Economico Mexicano Stock:
Check out Macroaxis Advice on Fomento Economico to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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The data published in Fomento Economico's official financial statements usually reflect Fomento Economico's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Fomento Economico. For example, before you start analyzing numbers published by Fomento accountants, it's critical to develop an understanding of what Fomento Economico's liquidity, profitability, and earnings quality are in the context of the Beverages space in which it operates.
Please note, the presentation of Fomento Economico's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Fomento Economico's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Fomento Economico's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Fomento Economico Mexicano. Please utilize our Beneish M Score to check the likelihood of Fomento Economico's management manipulating its earnings.