|Bid||60.81 x 900|
|Ask||60.83 x 1000|
|Day's range||60.40 - 61.18|
|52-week range||55.40 - 98.52|
|Beta (5Y monthly)||0.27|
|PE ratio (TTM)||26.60|
|Forward dividend & yield||1.51 (2.49%)|
|Ex-dividend date||01 Nov 2019|
|1y target est||N/A|
FEMSA (FMX) delivers strong first-quarter 2020 results on robust top-line growth and higher operating income across most of its business units amid the coronavirus crisis.
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FEMSA's (FMX) acquisition of the remaining 40% stake in Grupo Socofar is likely to bolster its drugstore business in South America and Mexico.
FEMSA (FMX) acquires a minority stake in Jetro Restaurant Depot and signs agreement for a JV. The company's logistics subsidiary also makes a deal to acquire AGV.
FEMSA Comercio, a unit of FEMSA (FMX), closes the previously entered JV agreement with Raizen Conveniencias in Brazil, after receiving the necessary regulatory approvals.
FEMSA's (FMX) third-quarter 2019 results reflect benefits from strong operating performance across all businesses. Margin growth aids the bottom line.
FEMSA (FMX) expects strong top-line results for third-quarter 2019. However, a soft margin trend is expected to get reflected in the bottom-line number.
PepsiCo (PEP) reports earnings and revenue beat in third-quarter 2019 on top-line growth across all segments as well as robust pricing.
FEMSA (FMX) signs a Memorandum of Understanding to buy a minority stake in Jetro Restaurant Depot. The deal will mark its entry in the U.S. wholesale cash and carry business.
FEMSA (FMX) witnesses positive momentum, owing to earnings beat in second-quarter 2019 and rise in sales. Additionally, the company's growth and expansion efforts place it well for long-term growth.
Keurig Dr Pepper (KDP) gains from strong in-market performance across most of its businesses and robust market share growth. Its acquisition and partnership strategy is also contributing to growth.
FEMSA (FMX) gains from initiatives like expanding store base, diversifying the business portfolio and focusing on core business. But soft margin trend and increased costs are deterrents.
Monster Beverage (MNST) reports softer-than-anticipated sales and earnings results in second-quarter 2019. Higher costs and soft margins affect the company despite strength in the Monster Energy brand.
FEMSA Comercio to buy a 50% stake in the Brazilian Raizen Conveniencias for R$561 million. This move is likely to prove beneficial to FEMSA (FMX).
FEMSA's (FMX) second-quarter 2019 results are likely to be impacted by ongoing cost headwinds, which should continue to hurt margins. However, its growth efforts might provide some respite.