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NYSE: FMX
Mexican Economic Development Inc Stock Forecast, Predictions & Price Target

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Analyst price target for FMX

Based on 3 analysts offering 12 month price targets for Mexican Economic Development Inc.
Min Forecast
$89.00+41.83%
Avg Forecast
$90.33+43.96%
Max Forecast
$92.00+46.61%

Should I buy or sell FMX stock?

Based on 3 analysts offering ratings for Mexican Economic Development Inc.
Strong Buy
Strong Buy
3 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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FMX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Goldman Sachs
Top 32%
69
Strong BuyMaintains$89.00+41.83%2022-08-04
Anonymous
UBS
HoldDowngrades$86.00+37.05%2022-02-01
Morgan Stanley
Bottom 46%
46
Strong BuyUpgrades$92.00+46.61%2021-11-24
Barclays
Bottom 16%
16
Strong BuyUpgrades$90.00+43.43%2021-11-22

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Forecast return on equity

Is FMX forecast to generate an efficient return?
Company
89.05%
Industry
19.1%
Market
110.02%
FMX's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is FMX forecast to generate an efficient return on assets?
Company
31.71%
Industry
8.22%
FMX is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

FMX earnings per share forecast

What is FMX's earnings per share in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$3.79+446.9%
Avg 2 year Forecast
$4.53+553.68%
Avg 3 year Forecast
$5.41+680.66%
FMX's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

FMX revenue forecast

What is FMX's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$30.5B+12.37%
Avg 2 year Forecast
$32.1B+18.23%
Avg 3 year Forecast
$34.0B+25.35%
FMX's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

FMX earnings growth forecast

How is FMX forecast to perform vs Beverages - Brewers companies and vs the US market?
Company
153.79%
Industry
30.79%
Market
19.13%
FMX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
FMX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
FMX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

FMX revenue growth forecast

How is FMX forecast to perform vs Beverages - Brewers companies and vs the US market?
Company
7.59%
Industry
3.61%
Market
8.53%
FMX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
FMX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

FMX vs Brewer Beverage Stocks

TickerPricePrice TargetUp/downsideConsensus
FMX$62.75$90.33+43.96%Strong Buy
TAP$47.99$54.22+12.99%Hold
SAM$323.65$356.09+10.02%Hold
CCU$10.78$13.00+20.59%Hold
SBEV$1.37$5.00+264.96%Strong Buy

Mexican Economic Development Stock Forecast FAQ

Is Mexican Economic Development Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: FMX) stock is to Strong Buy FMX stock.

Out of 3 analysts, 3 (100%) are recommending FMX as a Strong Buy, 0 (0%) are recommending FMX as a Buy, 0 (0%) are recommending FMX as a Hold, 0 (0%) are recommending FMX as a Sell, and 0 (0%) are recommending FMX as a Strong Sell.

If you're new to stock investing, here's how to buy Mexican Economic Development stock.

What is FMX's earnings growth forecast for 2022-2024?

(NYSE: FMX) Mexican Economic Development's forecast annual earnings growth rate of 153.79% is forecast to beat the US Beverages - Brewers industry's average forecast earnings growth rate of 30.79%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 19.13%.

Mexican Economic Development's earnings in 2022 is $1,424,750,000.On average, 3 Wall Street analysts forecast FMX's earnings for 2022 to be $8,190,863,748, with the lowest FMX earnings forecast at $7,737,016,417, and the highest FMX earnings forecast at $8,471,816,858. On average, 3 Wall Street analysts forecast FMX's earnings for 2023 to be $9,790,135,298, with the lowest FMX earnings forecast at $8,817,605,302, and the highest FMX earnings forecast at $10,330,429,741.

In 2024, FMX is forecast to generate $11,691,971,736 in earnings, with the lowest earnings forecast at $11,324,571,515 and the highest earnings forecast at $12,080,983,734.

What is FMX's revenue growth forecast for 2022-2024?

(NYSE: FMX) Mexican Economic Development's forecast annual revenue growth rate of 7.59% is forecast to beat the US Beverages - Brewers industry's average forecast revenue growth rate of 3.61%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.53%.

Mexican Economic Development's revenue in 2022 is $27,813,050,000.On average, 2 Wall Street analysts forecast FMX's revenue for 2022 to be $65,894,671,123,988, with the lowest FMX revenue forecast at $63,474,525,905,342, and the highest FMX revenue forecast at $68,314,818,503,811. On average, 2 Wall Street analysts forecast FMX's revenue for 2023 to be $69,335,041,371,340, with the lowest FMX revenue forecast at $65,587,768,752,403, and the highest FMX revenue forecast at $73,082,313,990,276.

In 2024, FMX is forecast to generate $73,509,425,391,783 in revenue, with the lowest revenue forecast at $69,578,361,892,931 and the highest revenue forecast at $77,440,488,890,636.

What is FMX's forecast return on assets (ROA) for 2022-2024?

(NYSE: FMX) forecast ROA is 31.71%, which is higher than the forecast US Beverages - Brewers industry average of 8.22%.

What is FMX's Price Target?

According to 3 Wall Street analysts that have issued a 1 year FMX price target, the average FMX price target is $90.33, with the highest FMX stock price forecast at $92.00 and the lowest FMX stock price forecast at $89.00.

On average, Wall Street analysts predict that Mexican Economic Development's share price could reach $90.33 by Aug 4, 2023. The average Mexican Economic Development stock price prediction forecasts a potential upside of 43.96% from the current FMX share price of $62.75.

What is FMX's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: FMX) Mexican Economic Development's current Earnings Per Share (EPS) is $0.71. On average, analysts forecast that FMX's EPS will be $3.79 for 2022, with the lowest EPS forecast at $3.58, and the highest EPS forecast at $3.92. On average, analysts forecast that FMX's EPS will be $4.53 for 2023, with the lowest EPS forecast at $4.08, and the highest EPS forecast at $4.78. In 2024, FMX's EPS is forecast to hit $5.41 (min: $5.24, max: $5.59).

What is FMX's forecast return on equity (ROE) for 2022-2024?

(NYSE: FMX) forecast ROE is 89.05%, which is considered strong.
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