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NYSE:AMX

América Móvil (AMX) Stock Price, News & Analysis

$16.76
-0.14 (-0.83%)
(As of 09/19/2024 ET)

About América Móvil Stock (NYSE:AMX)

Key Stats

Today's Range
$16.67
$17.02
50-Day Range
$15.65
$18.35
52-Week Range
$15.55
$20.31
Volume
1.88 million shs
Average Volume
1.49 million shs
Market Capitalization
$52.02 billion
P/E Ratio
15.51
Dividend Yield
1.55%
Price Target
$21.39
Consensus Rating
Moderate Buy

Company Overview

América Móvil, S.A.B. 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. In addition, the company offers residential broadband services; IT solutions to small businesses and large corporations; and cable and satellite television subscriptions. Further, it sells equipment, accessories, and computers; and offers telephone directories, wireless security, call center, advertising, media, and software development services. Additionally, the company provides video, audio, and other media content through the Internet directly from the content provider to the end user. It sells its products and services under the Telcel, Telmex Infinitum, and A1 brands through a network of retailers and service centers to retail customers; and through sales force to corporate customers. The company was incorporated in 2000 and is based in Mexico City, Mexico.

América Móvil Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 88th Percentile

América Móvil scored higher than 88% of companies evaluated by MarketBeat, and ranked 167th out of 668 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    América Móvil has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 5 buy ratings, 1 hold rating, and 1 sell rating.

  • Amount of Analyst Coverage

    América Móvil has only been the subject of 2 research reports in the past 90 days.

  • Read more about América Móvil's stock forecast and price target.
  • Earnings Growth

    Earnings for América Móvil are expected to grow by 33.09% in the coming year, from $1.39 to $1.85 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of América Móvil is 15.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.93.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of América Móvil is 15.51, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 277.65.

  • Price to Earnings Growth Ratio

    América Móvil has a PEG Ratio of 0.98. PEG Ratios around 1 indicate that a company is correctly valued.

  • Price to Book Value per Share Ratio

    América Móvil has a P/B Ratio of 2.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about América Móvil's valuation and earnings.
  • Percentage of Shares Shorted

    0.27% of the outstanding shares of América Móvil have been sold short.
  • Short Interest Ratio / Days to Cover

    América Móvil has a short interest ratio ("days to cover") of 5.5.
  • Change versus previous month

    Short interest in América Móvil has recently decreased by 4.11%, indicating that investor sentiment is improving.
  • Dividend Yield

    América Móvil pays a meaningful dividend of 1.62%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    América Móvil does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of América Móvil is 24.07%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, América Móvil will have a dividend payout ratio of 14.05% next year. This indicates that América Móvil will be able to sustain or increase its dividend.

  • Read more about América Móvil's dividend.
  • Percentage of Shares Shorted

    0.27% of the outstanding shares of América Móvil have been sold short.
  • Short Interest Ratio / Days to Cover

    América Móvil has a short interest ratio ("days to cover") of 5.5.
  • Change versus previous month

    Short interest in América Móvil has recently decreased by 4.11%, indicating that investor sentiment is improving.
  • News Sentiment

    América Móvil has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for América Móvil this week, compared to 3 articles on an average week.
  • Search Interest

    1 people have searched for AMX on MarketBeat in the last 30 days.
  • MarketBeat Follows

    6 people have added América Móvil to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, América Móvil insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.00% of the stock of América Móvil is held by insiders.

  • Percentage Held by Institutions

    Only 6.30% of the stock of América Móvil is held by institutions.

  • Read more about América Móvil's insider trading history.
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AMX Stock News Headlines

America Movil SAB de CV B (AMXm)
Ex-Wall Street CEO reveals “Millionaire-Maker” Superdrug
Science Magazine called it the "breakthrough of the year"... With projections of 8,966% growth in the next four years.
AMX Sep 2024 16.000 call (AMX240920C00016000)
AMX Sep 2024 19.000 put (AMX240920P00019000)
AMX Sep 2024 16.000 put (AMX240920P00016000)
See More Headlines

AMX Stock Analysis - Frequently Asked Questions

América Móvil's stock was trading at $18.52 at the start of the year. Since then, AMX shares have decreased by 9.5% and is now trading at $16.7550.
View the best growth stocks for 2024 here
.

América Móvil, S.A.B. de C.V. (NYSE:AMX) released its quarterly earnings results on Tuesday, July, 16th. The Wireless communications provider reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by $0.36. The Wireless communications provider earned $11.93 billion during the quarter, compared to the consensus estimate of $12.37 billion. América Móvil had a net margin of 3.98% and a trailing twelve-month return on equity of 7.73%.

The following companies are subsidiaries of América Móvil: Nextel.

América Móvil's top institutional investors include Westwood Global Investments LLC (0.46%), Allspring Global Investments Holdings LLC (0.26%), Dimensional Fund Advisors LP (0.15%) and Renaissance Technologies LLC (0.06%).
View institutional ownership trends
.

Shares of AMX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that América Móvil investors own include AT&T (T), Energy Transfer (ET), Intel (INTC), Pfizer (PFE), Alnylam Pharmaceuticals (ALNY), Ford Motor (F) and Walt Disney (DIS).

Company Calendar

Ex-Dividend for 7/22 Dividend
7/12/2024
Last Earnings
7/16/2024
Dividend Payable
7/22/2024
Today
9/19/2024
Next Earnings (Estimated)
10/15/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Telephone communication, except radio
Sub-Industry
N/A
Employees
176,083
Year Founded
2000

Price Target and Rating

Average Stock Price Target
$21.39
High Stock Price Target
$25.00
Low Stock Price Target
$17.50
Potential Upside/Downside
+27.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$4.51 billion
Pretax Margin
12.89%

Debt

Sales & Book Value

Annual Sales
$813.38 billion
Cash Flow
$4.41 per share
Book Value
$7.99 per share

Miscellaneous

Outstanding Shares
3,105,000,000
Free Float
3,073,950,000
Market Cap
$52.01 billion
Optionable
Optionable
Beta
0.95

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Should I Buy América Móvil Stock? AMX Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, September 8, 2024. Please send any questions or comments about these América Móvil pros and cons to contact@marketbeat.com.

América Móvil
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in América Móvil, S.A.B. de C.V.:

  • América Móvil's current stock price is trading at a discount compared to its historical averages, presenting a potential buying opportunity for investors.
  • The company recently increased its dividend, indicating a strong commitment to rewarding shareholders and providing income stability.
  • Analysts have upgraded América Móvil's rating to "strong-buy," suggesting positive sentiment and potential future growth prospects.
  • América Móvil has a solid market capitalization of $53.41 billion, reflecting its stability and presence in the telecommunications industry.
  • The company's P/E ratio of 15.93 and PEG ratio of 1.02 indicate a reasonable valuation and growth potential for investors.

América Móvil
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in América Móvil, S.A.B. de C.V. for these reasons:

  • América Móvil's stock has been trading below its fifty-day and two-hundred-day moving averages, signaling potential short-term weakness in the stock price.
  • Despite recent analyst upgrades, there is still a sell rating on the stock, indicating some uncertainty or negative outlook from certain analysts.
  • The company's net margin of 3.98% may be considered low compared to industry peers, potentially impacting profitability and investor returns.
  • América Móvil's beta of 0.95 suggests the stock is less volatile than the market, which may limit potential returns for more risk-seeking investors.
  • Recent reductions in price targets by analysts could indicate concerns about future growth or performance of América Móvil.

This page (NYSE:AMX) was last updated on 9/20/2024 by MarketBeat.com Staff
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