Fomento Economico Stock Target Price and Analyst Consensus

FMX Stock  USD 87.14  0.50  0.58%   
The current analyst and expert consensus on Fomento Economico is Buy with 4 hold recommendations. The current projected Fomento Economico target price consensus is 126.33 with 12 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. 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 0.12 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.
Hype
Prediction
LowEstimatedHigh
86.3887.5188.64
Details
Intrinsic
Valuation
LowRealHigh
78.4397.5998.72
Details
Naive
Forecast
LowNextHigh
82.8783.9985.12
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.031.511.41
Details

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Additional Tools for Fomento Stock Analysis

When running Fomento Economico's price analysis, check to measure Fomento Economico's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fomento Economico is operating at the current time. Most of Fomento Economico's value examination focuses on studying past and present price action to predict the probability of Fomento Economico's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fomento Economico's price. Additionally, you may evaluate how the addition of Fomento Economico to your portfolios can decrease your overall portfolio volatility.