America Movil S.A.B.DE C.V. ADR (NYSE: AMX) Emerges As Guiding Light For Investors

America Movil S.A.B.DE C.V. ADR (NYSE:AMX) currently has a daily average trading volume of 1.47M but it saw 1006379 shares traded in last market. With a market cap of 57.52B USD, the company’s current market price of $18.50 came falling about -2.32 while comparing to the previous closing price of $18.94. In past 52 weeks, the stock remained buoying in the range of price level as high as $23.07 and as low as $15.99.

Taking a look at 20-day trading activity of America Movil S.A.B.DE C.V. ADR (AMX) gives us an average price of $18.75, while its current price level is -19.81% below from 52-week high level whereas it is 15.66% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $18.53 while that of 200 days or SMA-200 reads an average of $18.61. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.14% during that period while stretching the period over a month that increases to 2.17%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 46.52 which implies that the stock is in neutral territory.

HSBC Securities upgraded its recommendation for the stock as a “Buy” from “Hold” on October 20, 2023 while assigning a price target of $21.50. BofA Securities also issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $23 and $25.

Over the week, AMX’s stock price is moving -0.22% down while it is -2.43% when we observe its performance for the past one month. Year-to-date it is -0.11% down and over the past year, the stock is showing a downside performance of -13.75%.

The latest quarterly earnings report issued by the company was for quarter ended 12/30/2023, when its quarterly earnings per share (EPS) of $0.33 beat the consensus estimate of $0.29 for the same. For AMX, analysts are forecasting an EPS-growth rate of 0.70% for current year and estimate for EPS growth in next year is 21.90%. In next quarter, company is expected to be making quarterly sales of $12.31 billion as analysts are expecting the sales for current fiscal year at $49.45 billion and seeing the company making $52.21 billion in sales next year. Moreover, analysts are in estimates of $12.03 billion for current-quarter revenue.

Currently, America Movil S.A.B.DE C.V. ADR’s total number of outstanding shares is 3.12B with 0.00% of that held by the insiders while 6.50% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 8.87% and return on equity (ROE) at 20.70%. It has a price to earnings ratio (P/E ratio) of 13.78 while having a 9.14 of forward P/E ratio. Stock’s beta reads 0.95. Stock has a price to book (P/B) ratio of 2.67 while price to sale or P/S ratio amounts to 1.25. Its return on asset (ROA) is 4.82% on average.