Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) Receives $100.45 Average Price Target from Analysts

Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) has been assigned a consensus recommendation of “Moderate Buy” from the six brokerages that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $100.45.

KOF has been the subject of several research reports. StockNews.com upgraded shares of Coca-Cola FEMSA from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, April 17th. UBS Group increased their price target on shares of Coca-Cola FEMSA from $109.00 to $112.00 and gave the company a “buy” rating in a research report on Tuesday, April 16th. Scotiabank upgraded Coca-Cola FEMSA from a “sector perform” rating to a “sector outperform” rating in a report on Friday, April 12th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Coca-Cola FEMSA from $102.00 to $107.00 and gave the stock an “overweight” rating in a report on Friday, April 12th.

Institutional Trading of Coca-Cola FEMSA

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. purchased a new position in shares of Coca-Cola FEMSA during the fourth quarter worth approximately $29,000. Hartford Financial Management Inc. increased its holdings in shares of Coca-Cola FEMSA by 40.1% in the fourth quarter. Hartford Financial Management Inc. now owns 395 shares of the company’s stock valued at $37,000 after purchasing an additional 113 shares during the period. Parallel Advisors LLC raised its stake in shares of Coca-Cola FEMSA by 74.9% in the fourth quarter. Parallel Advisors LLC now owns 579 shares of the company’s stock worth $55,000 after purchasing an additional 248 shares during the last quarter. ORG Partners LLC acquired a new stake in shares of Coca-Cola FEMSA during the first quarter worth about $63,000. Finally, Tower Research Capital LLC TRC boosted its position in Coca-Cola FEMSA by 194.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 771 shares of the company’s stock valued at $73,000 after buying an additional 509 shares during the last quarter.

Coca-Cola FEMSA Trading Up 2.8 %

Shares of KOF stock opened at $83.43 on Monday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.87 and a current ratio of 1.05. The company has a market capitalization of $140.22 billion, a price-to-earnings ratio of 14.69, a PEG ratio of 0.72 and a beta of 0.87. The company has a 50-day simple moving average of $92.48 and a two-hundred day simple moving average of $94.48. Coca-Cola FEMSA has a 52-week low of $69.33 and a 52-week high of $104.38.

Coca-Cola FEMSA (NYSE:KOF) last issued its quarterly earnings data on Wednesday, April 24th. The company reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.37 by $0.03. Coca-Cola FEMSA had a return on equity of 15.96% and a net margin of 8.15%. The business had revenue of $3.76 billion for the quarter, compared to analysts’ expectations of $3.67 billion. Research analysts anticipate that Coca-Cola FEMSA will post 6.65 EPS for the current fiscal year.

Coca-Cola FEMSA Company Profile

Coca-Cola FEMSA, SAB. de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages. The company offers sparkling beverages, including colas and flavored sparkling beverages; and waters and other beverages, such as juice drinks, coffee, teas, milk, value-added dairy products, sports and energy drinks, alcoholic beverages, and plant-based drinks.