Coca-Cola FEMSA (NYSE:KOF – Get Free Report) posted its quarterly earnings data on Friday. The company reported $1.73 earnings per share for the quarter, topping analysts’ consensus estimates of $1.51 by $0.22, Zacks reports. Coca-Cola FEMSA had a return on equity of 15.99% and a net margin of 8.12%.
Coca-Cola FEMSA Stock Performance
Shares of KOF stock opened at $88.27 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 0.47. The firm has a fifty day moving average price of $78.78 and a 200 day moving average price of $82.91. The company has a market cap of $148.36 billion, a P/E ratio of 14.99, a PEG ratio of 0.62 and a beta of 0.83. Coca-Cola FEMSA has a 12 month low of $72.68 and a 12 month high of $102.28.
Analyst Ratings Changes
A number of research firms have recently weighed in on KOF. Barclays cut their price objective on Coca-Cola FEMSA from $110.00 to $108.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 30th. Citigroup raised Coca-Cola FEMSA from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $93.00 to $102.00 in a research report on Tuesday, October 29th. Finally, StockNews.com raised Coca-Cola FEMSA from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, November 5th. Six analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus 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.
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