Shares of Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF – Get Free Report) have been given an average rating of “Moderate Buy” by the eight research firms that are covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $115.00.
A number of research firms have weighed in on KOF. UBS Group cut Coca Cola Femsa from a “buy” rating to a “hold” rating in a research note on Thursday, March 12th. The Goldman Sachs Group raised their price target on Coca Cola Femsa from $97.00 to $111.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Barclays raised their price target on Coca Cola Femsa from $112.00 to $115.00 and gave the company an “equal weight” rating in a research note on Monday, May 4th. Weiss Ratings upgraded Coca Cola Femsa from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 29th. Finally, Wall Street Zen upgraded Coca Cola Femsa from a “hold” rating to a “buy” rating in a research note on Saturday, February 14th.
Read Our Latest Research Report on KOF
Institutional Trading of Coca Cola Femsa
Coca Cola Femsa Stock Down 0.8%
Coca Cola Femsa stock opened at $107.90 on Thursday. Coca Cola Femsa has a 1-year low of $80.22 and a 1-year high of $116.36. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.10 and a quick ratio of 0.91. The stock has a market cap of $181.34 billion, a PE ratio of 18.16, a P/E/G ratio of 1.32 and a beta of 0.53. The stock’s fifty day moving average is $103.20 and its two-hundred day moving average is $100.68.
Coca Cola Femsa (NYSE:KOF – Get Free Report) last posted its quarterly earnings results on Tuesday, March 31st. The company reported $1.16 earnings per share for the quarter. Coca Cola Femsa had a return on equity of 15.40% and a net margin of 7.84%. On average, sell-side analysts expect that Coca Cola Femsa will post 6.79 EPS for the current fiscal year.
Coca Cola Femsa Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Monday, April 20th were given a dividend of $1.0873 per share. This represents a $4.35 dividend on an annualized basis and a dividend yield of 4.0%. This is an increase from Coca Cola Femsa’s previous quarterly dividend of $1.00. The ex-dividend date was Monday, April 20th. Coca Cola Femsa’s payout ratio is presently 66.67%.
About Coca Cola Femsa
Coca‑Cola FEMSA (NYSE: KOF) is a large multinational beverage bottler and distributor operating primarily in Mexico and across multiple markets in Latin America. As a principal franchise bottler for The Coca‑Cola Company, the firm is responsible for producing, packaging, marketing and distributing Coca‑Cola branded beverages and a wide range of nonalcoholic drinks to retail and foodservice customers throughout its territories.
The company’s product portfolio includes carbonated soft drinks, bottled water, juices, ready‑to‑drink teas and coffees, sports and energy drinks, and other noncarbonated beverages.
Read More
- Five stocks we like better than Coca Cola Femsa
- Coke’s $10B India IPO Plan Pops the Top on Hidden Value
- FedEx Unboxes Billions in Post-Spinoff Value
- Marvell’s AI Moment Raises a Bigger Question for Amazon and ServiceNow
- Palo Alto Networks Accelerates Growth 31% on AI Demand
Receive News & Ratings for Coca Cola Femsa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coca Cola Femsa and related companies with MarketBeat.com's FREE daily email newsletter.
