America Movil (NYSE:AMX - Get Free Report) was upgraded by equities researchers at Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued to investors on Saturday.

AMX has been the subject of several other reports. UBS Group lifted their target price on shares of America Movil from $19.60 to $20.40 and gave the stock a "neutral" rating in a report on Wednesday. Hsbc Global Res upgraded shares of America Movil from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 14th. Finally, HSBC upgraded shares of America Movil from a "hold" rating to a "buy" rating and lifted their price target for the stock from $15.50 to $17.50 in a research note on Monday, April 14th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, America Movil presently has an average rating of "Moderate Buy" and a consensus target price of $16.78.

Read Our Latest Analysis on America Movil

Shares of America Movil stock opened at $17.55 on Friday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.66 and a current ratio of 0.71. The stock has a market capitalization of $53.26 billion, a PE ratio of 32.50, a price-to-earnings-growth ratio of 1.11 and a beta of 0.79. America Movil has a 52-week low of $13.10 and a 52-week high of $18.51. The company has a 50-day simple moving average of $17.36 and a two-hundred day simple moving average of $15.58.

America Movil (NYSE:AMX - Get Free Report) last issued its earnings results on Wednesday, April 30th. The Wireless communications provider reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.02). The firm had revenue of $11.36 billion during the quarter, compared to analysts' expectations of $11.28 billion. America Movil had a return on equity of 7.19% and a net margin of 3.55%. On average, analysts anticipate that America Movil will post 1.51 EPS for the current fiscal year.

Several large investors have recently added to or reduced their stakes in AMX. Transce3nd LLC bought a new stake in America Movil during the fourth quarter valued at approximately $26,000. Lee Danner & Bass Inc. bought a new stake in America Movil during the fourth quarter valued at approximately $29,000. Parvin Asset Management LLC bought a new stake in America Movil during the fourth quarter valued at approximately $39,000. Garde Capital Inc. bought a new stake in America Movil during the first quarter valued at approximately $40,000. Finally, Farther Finance Advisors LLC grew its position in America Movil by 82.5% during the fourth quarter. Farther Finance Advisors LLC now owns 3,128 shares of the Wireless communications provider's stock valued at $45,000 after buying an additional 1,414 shares during the period. 6.30% of the stock is currently owned by institutional investors.

(Get Free Report)

América Móvil, SAB. de C.V. provides telecommunications services in Latin America and internationally. The company offers wireless and fixed voice services, including airtime, local, domestic, and international long-distance services; and network interconnection services. It provides data services, such as data centers, data administration, and hosting services to residential and corporate clients; value-added services, including Internet access, messaging and other wireless entertainment, and corporate services; data transmission, email services, instant messaging, content streaming, and interactive applications; and wireless security services, mobile payment solutions, machine-to-machine services, mobile banking, virtual private network services, and video calls and personal communications services.

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