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America Movil, S.A.B. de C.V. Unsponsored ADR (NYSE:AMX) Receives $16.62 Consensus Price Target from Analysts - BBNS

Published 1 week ago4 minute read
Get Free Report) have received a consensus recommendation of “Moderate Buy” from the six ratings firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $16.62.

Several research firms have recently commented on AMX. HSBC raised shares of America Movil from a “hold” rating to a “buy” rating and boosted their target price for the stock from $15.50 to $17.50 in a research report on Monday, April 14th. Wall Street Zen downgraded shares of America Movil from a “buy” rating to a “hold” rating in a research report on Saturday, June 14th. Hsbc Global Res raised shares of America Movil from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 14th. Finally, UBS Group set a $19.60 target price on shares of America Movil in a research report on Wednesday, May 21st.

View Our Latest Stock Report on America Movil

AMX opened at $18.39 on Friday. America Movil has a 1-year low of $13.10 and a 1-year high of $18.73. The company has a current ratio of 0.71, a quick ratio of 0.66 and a debt-to-equity ratio of 1.05. The company has a market cap of $55.81 billion, a P/E ratio of 34.06, a price-to-earnings-growth ratio of 1.14 and a beta of 0.79. The company has a fifty day moving average price of $17.31 and a two-hundred day moving average price of $15.46.

America Movil (NYSE:AMXGet Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The Wireless communications provider reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.02). The company had revenue of $11.36 billion during the quarter, compared to the consensus estimate of $11.28 billion. America Movil had a net margin of 3.55% and a return on equity of 7.19%. Analysts predict that America Movil will post 1.51 EPS for the current fiscal year.

The company also recently disclosed a semi-annual dividend, which will be paid on Monday, July 21st. Shareholders of record on Friday, July 11th will be given a $0.2732 dividend. This represents a yield of 3%. This is an increase from America Movil’s previous semi-annual dividend of $0.24. The ex-dividend date of this dividend is Friday, July 11th. America Movil’s dividend payout ratio is presently 44.44%.

Institutional investors have recently added to or reduced their stakes in the company. Transce3nd LLC bought a new stake in America Movil in the 4th quarter worth about $26,000. Lee Danner & Bass Inc. bought a new stake in America Movil in the 4th quarter worth about $29,000. Parvin Asset Management LLC bought a new stake in America Movil in the 4th quarter worth about $39,000. Garde Capital Inc. bought a new stake in America Movil in the 1st quarter worth about $40,000. Finally, Farther Finance Advisors LLC boosted its stake in America Movil by 82.5% in the fourth quarter. Farther Finance Advisors LLC now owns 3,128 shares of the Wireless communications provider’s stock valued at $45,000 after acquiring an additional 1,414 shares during the last quarter. 6.30% of the stock is 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.

Analyst Recommendations for America Movil (NYSE:AMX)

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