América Móvil (NYSE:AMX – Get Free Report) will likely be issuing its quarterly earnings data before the market opens on Tuesday, February 11th. Analysts expect the company to announce earnings of $0.42 per share and revenue of $229.73 billion for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.
América Móvil Stock Performance
América Móvil stock opened at $14.62 on Monday. América Móvil has a fifty-two week low of $13.63 and a fifty-two week high of $20.31. The stock’s 50 day simple moving average is $14.34 and its two-hundred day simple moving average is $15.59. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.67 and a current ratio of 0.72. The stock has a market cap of $44.88 billion, a price-to-earnings ratio of 21.82, a PEG ratio of 0.75 and a beta of 0.93.
Wall Street Analysts Forecast Growth
Several equities analysts have commented on the company. Scotiabank lowered their price objective on América Móvil from $17.80 to $17.30 and set a “sector perform” rating for the company in a research report on Wednesday, October 16th. StockNews.com raised shares of América Móvil from a “hold” rating to a “buy” rating in a research report on Tuesday, January 14th. JPMorgan Chase & Co. cut their price objective on shares of América Móvil from $17.00 to $15.00 and set an “underweight” rating on the stock in a report on Thursday, January 16th. Finally, The Goldman Sachs Group decreased their target price on shares of América Móvil from $17.80 to $17.60 and set a “buy” rating for the company in a research note on Tuesday, January 28th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, América Móvil has an average rating of “Moderate Buy” and an average target price of $18.94.
About América Móvil
América Móvil, SAB. 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.
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