Taking on analysts’ expectations and winning: America Movil S.A.B.DE C.V. ADR (AMX)

With 1.61 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.37 million shares. During the session, the Telecom Services company that operates in wider Communication Services sector, reached to the highest price of $17.88 whereas the lowest price it dropped to was $17.27. The 52-week range on AMX shows that it touched its highest point at $23.07 and its lowest point at $15.99 during that stretch. It currently has a 1-year price target of $21.73. With its current market cap of 54.28 billion, AMX has annualized dividend of $0.56 while the current yield stands at 3.23%. Beta for the stock currently stands at 0.95.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AMX was down-trending over the past week, with a drop of -4.69%, but this was down by -3.84% over a month. Three-month performance surged to 0.70% while six-month performance fell -15.82%. The stock lost -10.78% in the past year, while it has lost -6.64% so far this year. A look at the trailing 12-month EPS for AMX yields 1.23 with Next year EPS estimates of 1.66. For the next quarter, that number is 0.27. This implies an EPS growth rate of 2.10% for this year and 14.40% for next year. EPS is expected to grow by 12.07% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 20.76%.

Float and Shares Shorts:

At present, 3.14 billion AMX shares are outstanding with a float of 3.14 billion shares on hand for trading. On Jan 11, 2024, short shares totaled 6.51 million, which was 0.21% higher than short shares on Dec 14, 2023. In addition to Lic. Daniel Hajj Aboumrad as the firm’s CEO & Director, Mr. Carlos Jose Garcia Moreno Elizondo Ph.D. serves as its Chief Financial Officer.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AMX since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With AMX analysts setting a high price target of $440.00 and a low target of $274.32, the average target price over the next 12 months is $375.52. Based on these targets, AMX could surge 2444.82% to reach the target high and rise by 1486.58% to reach the target low. Reaching the average price target will result in a growth of 2071.89% from current levels.