Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) Receives $104.75 Average PT from Brokerages

Shares of Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF - Get Free Report) have received an average rating of "Buy" from the six research firms that are presently covering the stock, MarketBeat.com reports. Six equities research analysts have rated the stock with a buy recommendation. The average 1 year price target among analysts that have issued a report on the stock in the last year is $104.00.

KOF has been the topic of several analyst reports. StockNews.com cut Coca-Cola FEMSA from a "strong-buy" rating to a "buy" rating in a research report on Tuesday. Barclays lifted their price objective on shares of Coca-Cola FEMSA from $99.00 to $105.00 and gave the stock an "overweight" rating in a report on Tuesday.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. TD Private Client Wealth LLC raised its stake in shares of Coca-Cola FEMSA by 5.0% during the 4th quarter. TD Private Client Wealth LLC now owns 3,257 shares of the company's stock worth $254,000 after purchasing an additional 155 shares during the period. Kathmere Capital Management LLC increased its holdings in Coca-Cola FEMSA by 3.0% during the fourth quarter. Kathmere Capital Management LLC now owns 7,003 shares of the company's stock worth $545,000 after buying an additional 206 shares during the last quarter. Avantax Advisory Services Inc. raised its position in Coca-Cola FEMSA by 1.8% in the fourth quarter. Avantax Advisory Services Inc. now owns 11,976 shares of the company's stock worth $933,000 after acquiring an additional 212 shares during the period. D Orazio & Associates Inc. boosted its stake in Coca-Cola FEMSA by 8.5% in the third quarter. D Orazio & Associates Inc. now owns 2,908 shares of the company's stock valued at $258,000 after acquiring an additional 228 shares during the last quarter. Finally, Park Avenue Securities LLC grew its position in shares of Coca-Cola FEMSA by 7.1% during the 4th quarter. Park Avenue Securities LLC now owns 3,493 shares of the company's stock valued at $272,000 after acquiring an additional 233 shares during the period.

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Coca-Cola FEMSA Stock Down 1.3 %

Shares of Coca-Cola FEMSA stock traded down $1.15 during trading hours on Tuesday, reaching $86.34. The company's stock had a trading volume of 99,066 shares, compared to its average volume of 200,956. The company has a market capitalization of $145.11 billion, a P/E ratio of 14.66, a P/E/G ratio of 0.62 and a beta of 0.83. The stock's fifty day simple moving average is $80.28 and its two-hundred day simple moving average is $82.91. Coca-Cola FEMSA has a one year low of $72.68 and a one year high of $102.28. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.94 and a current ratio of 1.14.

Coca-Cola FEMSA (NYSE:KOF - Get Free Report) last posted its earnings results on Friday, February 21st. The company reported $1.73 earnings per share for the quarter, topping analysts' consensus estimates of $1.51 by $0.22. The company had revenue of $3.76 billion for the quarter, compared to analyst estimates of $3.49 billion. Coca-Cola FEMSA had a net margin of 8.12% and a return on equity of 15.99%. On average, research analysts forecast that Coca-Cola FEMSA will post 5.7 earnings per share for the current year.

About Coca-Cola FEMSA

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.