América Móvil (AMX) Expected to Announce Earnings on Tuesday

América Móvil (NYSE:AMX - Get Free Report) is expected to announce its earnings results before the market opens on Tuesday, April 15th. Analysts expect the company to announce earnings of $0.32 per share and revenue of $230.00 billion for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.

América Móvil (NYSE:AMX - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The Wireless communications provider reported $0.15 earnings per share for the quarter, missing analysts' consensus estimates of $0.42 by ($0.27). América Móvil had a return on equity of 6.38% and a net margin of 3.25%. On average, analysts expect América Móvil to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

América Móvil Stock Performance

Shares of AMX traded up $0.25 during mid-day trading on Friday, reaching $14.17. The company's stock had a trading volume of 8,412,687 shares, compared to its average volume of 1,728,570. The company has a current ratio of 0.72, a quick ratio of 0.67 and a debt-to-equity ratio of 0.90. América Móvil has a 1-year low of $13.10 and a 1-year high of $20.31. The business has a 50-day simple moving average of $14.41 and a two-hundred day simple moving average of $14.86. The stock has a market cap of $43.20 billion, a P/E ratio of 28.91, a PEG ratio of 0.77 and a beta of 0.79.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. StockNews.com upgraded shares of América Móvil from a "buy" rating to a "strong-buy" rating in a report on Saturday, March 15th. Scotiabank lowered their price target on shares of América Móvil from $17.30 to $13.70 and set a "sector perform" rating on the stock in a report on Thursday, February 13th. JPMorgan Chase & Co. reduced their price objective on América Móvil from $17.00 to $15.00 and set an "underweight" rating for the company in a report on Thursday, January 16th. Finally, The Goldman Sachs Group lowered their target price on América Móvil from $17.60 to $17.30 and set a "buy" rating on the stock in a research note on Wednesday, February 19th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $17.15.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in América Móvil stock. Brighton Jones LLC purchased a new stake in América Móvil, S.A.B. de C.V. (NYSE:AMX - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 10,789 shares of the Wireless communications provider's stock, valued at approximately $154,000. 6.30% of the stock is currently owned by hedge funds and other institutional investors.

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.