How to Buy Mexican Economic Development Stock
Mexican Economic Development Inc
Mexican Economic Development is a brewer beverage company located in Mexico, which is part of the Consumer Defensive sector, and is traded under the ticker FMX on the NYSE exchange.
Mexican Economic Development stock last closed at $119.69, up 0.52% from the previous day, and has increased 27.75% in one year. It has overperformed other stocks in the Beverages - Brewers industry by 0.3 percentage points. Mexican Economic Development stock is currently +30.51% from its 52-week low of $91.71, and -16.55% from its 52-week high of $143.43.
As of Apr 19, 2024, there are 3.58B FMX shares outstanding. The market capitalization of FMX is $42.83B. In the past 24 hours, 1.74M FMX shares were traded.
How to Buy Mexican Economic Development Stock
Not sure how to invest in Mexican Economic Development stock? Here's how.
- Figure out where to buy Mexican Economic Development stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you choose where to buy Mexican Economic Development stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Pick your method of payment and add your details.
- Research Mexican Economic Development stock: The Mexican Economic Development ticker symbol is FMX. Is Mexican Economic Development stock a good investment? Should you buy shares of FMX? How do FMX's underlying business fundamentals look? Do top analysts think Mexican Economic Development is a good buy? Why has FMX's stock price moved recently? (Hint: Our stock analysis website can help you figure out if FMX is a good stock to buy).
- Execute your FMX purchase: Decide if you will purchase FMX shares at the current market price or use a limit order to buy FMX shares at a particular price.
- Track your FMX position: Create a watchlist to watch your new investment in Mexican Economic Development stock.
Step 1: Figure out where to buy Mexican Economic Development stock
You need an online brokerage account in order to access the NYSE market and buy FMX shares.
Our recommended brokerage: eToro
We believe that eToro is the best online stock brokerage. Here's why:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to world financial markets: From Technology to Industrials, New York to Tokyo — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro offers a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by signing up for an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal info so you can invest in FMX stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open a new trading account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've opened your account on one of the most highly reviewed stock apps, your next step is to transfer the money for your investment:
Check out the walkthrough below for more details transferring money into your new investment account.
Step 4: Research Mexican Economic Development stock
After you have chosen the best place to buy Mexican Economic Development stock, it's absolutely critical to research their stock before you buy, so you truly comprehend the risk and opportunity.
Mexican Economic Development shares at a glance
FMX Fundamentals
WallStreetZen was built to help everyday investors do more accurate fundamental analysis.
You can view all of the due diligence checks on FMX's stock page.
How is FMX stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge FMX's fair value.
Using relative valuations methods:
- FMX may be overvalued based on its P/E ratio of 181.07x, relative to Beverages - Brewers industry P/E ratio of 51.88x
- FMX may be overvalued based on its P/B ratio of 2.94x, relative to Beverages - Brewers industry P/B ratio of 1.68x
- FMX could be undervalued based on its PEG ratio of 0.99x
You can access additional valuation research on FMX's stock here.
FMX Financial Health Overview
Positive Financial Indicators:
- FMX's operating cash flow of $5.09B allows it to safely service it's debt of $17.17B.
- There are more short-term assets than short-term liabilities on the FMX balance sheet.
Negative Financial Indicators:
- FMX earnings of $3.03B is not enough to cover its interest payments.
- FMX has a relatively high debt to equity ratio of 1.76.
- There are more long-term liabilities than short-term assets on the FMX balance sheet.
- Total FMX debt is higher than 5 years ago, relative to shareholder equity.
- FMX profit margin has gone down from 5.1% to 3.6% in the past year.
Is it a good time to buy FMX stock, according to analysts?
Out of 1 Wall Street analysts who give forecasts on FMX, the consensus analyst rating on Mexican Economic Development is a Strong Buy
Please note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Mexican Economic Development stock forecast page.
FMX Technicals
FMX Earnings
Last year, FMX earnings were $1.33B. Over the past five year, FMX's earnings have increased by -10.04% per year. This was slower than the Beverages - Brewers industry average of -0.14%.
Last year, FMX revenue was $37.38B. During the past 5 year, FMX's revenue has gone up by 9.09% per year. This was faster than the Beverages - Brewers industry average of 4.23%.
Dig into FMX's earnings and revenue performance here.
What are FMX insiders up to?
In the past 12 months, executives and large shareholders at FMX have not bought or sold any shares.
Research more about who owns FMX stock here.
Does FMX stock generate passive income?
Mexican Economic Development pays a dividend of 2.69%, compared to the Beverages - Brewers industry's average dividend yield of 2.95%. If you owned $1,000 worth of FMX stock, you would have been paid $26.86 last year.
Mexican Economic Development dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more info about Mexican Economic Development dividend yield and history here.
Get opinions from other investors
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your FMX purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount limit, place a limit order.
Click the Open Trade button and eToro will place the order.
If you want additional help investing in stocks on eToro, click the helpful video below:
Step 6: Track your FMX position
Now that you own some FMX stock, you'll want to keep up with your new shares.
Add FMX to a watchlist to monitor your FMX stock.
FMX Feed
How to Buy Stock in Mexican Economic Development
To summarize, here are the 6 steps for buying Mexican Economic Development stock:
- Figure out where to buy Mexican Economic Development stock
- Create a brokerage account
- Deposit funds into your investment account
- Research Mexican Economic Development stock
- Execute your FMX purchase
- Track your FMX position
If you are looking for a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to watch your new investment in Mexican Economic Development, add FMX to your watchlist by clicking the button below.
Related Articles
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.