América Móvil, S.A.B. de C.V. (NYSE:AMX – Get Free Report) has been assigned an average recommendation of “Hold” from the five ratings firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $19.48.
A number of brokerages have recently issued reports on AMX. The Goldman Sachs Group cut their price objective on shares of América Móvil from $20.80 to $17.80 and set a “buy” rating for the company in a research note on Friday, November 15th. StockNews.com began coverage on shares of América Móvil in a research note on Friday, November 22nd. They issued a “buy” rating for the company. Finally, Scotiabank cut their price objective on shares of América Móvil from $17.80 to $17.30 and set a “sector perform” rating for the company in a research note on Wednesday, October 16th.
View Our Latest Research Report on América Móvil
Institutional Investors Weigh In On América Móvil
América Móvil Price Performance
Shares of NYSE:AMX opened at $15.09 on Friday. The firm has a market capitalization of $46.33 billion, a price-to-earnings ratio of 22.52, a PEG ratio of 1.08 and a beta of 0.94. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.72 and a quick ratio of 0.67. América Móvil has a one year low of $14.59 and a one year high of $20.31. The company’s fifty day moving average price is $15.79 and its 200-day moving average price is $16.73.
América Móvil (NYSE:AMX – Get Free Report) last issued its earnings results on Tuesday, October 15th. The Wireless communications provider reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.30). The firm had revenue of $11.82 billion during the quarter, compared to analysts’ expectations of $11.97 billion. América Móvil had a return on equity of 8.61% and a net margin of 4.45%. On average, equities research analysts anticipate that América Móvil will post 1.17 earnings per share for the current fiscal year.
América Móvil Increases Dividend
The company also recently declared a semi-annual dividend, which was paid on Monday, November 18th. Investors of record on Friday, November 8th were issued a dividend of $0.245 per share. This is a positive change from América Móvil’s previous semi-annual dividend of $0.18. This represents a yield of 2%. The ex-dividend date was Friday, November 8th. América Móvil’s dividend payout ratio is currently 35.82%.
About América Móvil
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.
Featured Stories
- Five stocks we like better than América Móvil
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- NVIDIA’s Blackwell Chips Set for Arizona Manufacturing by TSMC?
- What Are Some of the Best Large-Cap Stocks to Buy?
- Okta: Bullish Signals Suggest a Market Reversal Is Underway
- How to buy stock: A step-by-step guide for beginners
- BlackRock Makes Waves With $12B Private Credit Acquisition
Receive News & Ratings for América Móvil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for América Móvil and related companies with MarketBeat.com's FREE daily email newsletter.