Coca-Cola FEMSA (KOF) to Release Quarterly Earnings on Thursday

Coca-Cola FEMSA (NYSE:KOF) will likely be announcing its earnings results before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $1.51 per share and revenue of $3.49 billion for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Coca-Cola FEMSA Price Performance

Shares of KOF stock opened at $84.28 on Thursday. The stock’s fifty day simple moving average is $78.56 and its 200 day simple moving average is $82.88. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.14 and a quick ratio of 0.94. The firm has a market cap of $141.65 billion, a price-to-earnings ratio of 14.31, a P/E/G ratio of 0.61 and a beta of 0.83. Coca-Cola FEMSA has a one year low of $72.68 and a one year high of $104.38.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. StockNews.com upgraded Coca-Cola FEMSA from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, November 5th. Barclays cut their price objective on Coca-Cola FEMSA from $110.00 to $108.00 and set an “overweight” rating for the company in a research report on Wednesday, October 30th. Finally, Citigroup upgraded Coca-Cola FEMSA from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $93.00 to $102.00 in a research report on Tuesday, October 29th. Six research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $104.75.

About Coca-Cola FEMSA

Coca-Cola FEMSA, SAB. de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay. The company offers sparkling beverages, including colas and flavored sparkling beverages; waters; other non-carbonated beverages comprising juice drinks, coffee, teas, milk, value-added dairy products, sports and energy drinks, and plant-based drinks; and alcoholic beverages, such as hard seltzer under the Topo Chico brand name.