Coca-Cola FEMSA (NYSE:KOF - Get Free Report) was downgraded by stock analysts at StockNews.com from a "strong-buy" rating to a "buy" rating in a report issued on Friday.
Separately, Barclays raised their price objective on Coca-Cola FEMSA from $99.00 to $105.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 4th. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $104.75.
Check Out Our Latest Stock Analysis on Coca-Cola FEMSA
Coca-Cola FEMSA Trading Up 0.6 %
Shares of Coca-Cola FEMSA stock traded up $0.56 during mid-day trading on Friday, hitting $95.12. The stock had a trading volume of 6,701 shares, compared to its average volume of 195,985. The firm has a 50-day moving average of $88.62 and a two-hundred day moving average of $83.52. The firm has a market cap of $159.86 billion, a P/E ratio of 16.15, a price-to-earnings-growth ratio of 0.62 and a beta of 0.58. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 0.47. Coca-Cola FEMSA has a 12-month low of $72.68 and a 12-month high of $102.28.
Coca-Cola FEMSA (NYSE:KOF - Get Free Report) last issued its quarterly earnings data on Friday, February 21st. The company reported $1.73 earnings per share for the quarter, topping the consensus estimate of $1.51 by $0.22. Coca-Cola FEMSA had a return on equity of 15.99% and a net margin of 8.12%. The company had revenue of $3.76 billion during the quarter, compared to analyst estimates of $3.49 billion. Sell-side analysts forecast that Coca-Cola FEMSA will post 5.7 earnings per share for the current year.
Institutional Trading of Coca-Cola FEMSA
A number of large investors have recently modified their holdings of the stock. SBI Securities Co. Ltd. acquired a new stake in Coca-Cola FEMSA in the 4th quarter valued at about $29,000. Steward Partners Investment Advisory LLC raised its holdings in Coca-Cola FEMSA by 1,388.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 402 shares of the company's stock valued at $31,000 after acquiring an additional 375 shares in the last quarter. Banque de Luxembourg S.A. purchased a new position in Coca-Cola FEMSA in the fourth quarter worth approximately $43,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Coca-Cola FEMSA in the 4th quarter valued at $43,000. Finally, Parvin Asset Management LLC acquired a new position in shares of Coca-Cola FEMSA during the fourth quarter worth $56,000.
About Coca-Cola FEMSA
(
Get Free Report)
Coca-Cola FEMSA, SAB. de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay. The company offers sparkling beverages, including colas and flavored sparkling beverages; waters; other non-carbonated beverages comprising juice drinks, coffee, teas, milk, value-added dairy products, sports and energy drinks, and plant-based drinks; and alcoholic beverages, such as hard seltzer under the Topo Chico brand name.
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