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Key Takeaways From America Movil Analyst Ratings
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Key Takeaways From America Movil Analyst Ratings
Jun 25, 2024 10:30 AM

4 analysts have expressed a variety of opinions on America Movil ( AMX ) over the past quarter, offering a diverse set of opinions from bullish to bearish.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 0 2 1 0
Last 30D 0 0 1 0 0
1M Ago 0 0 0 0 0
2M Ago 1 0 0 0 0
3M Ago 0 0 1 1 0

The 12-month price targets, analyzed by analysts, offer insights with an average target of $18.93, a high estimate of $22.00, and a low estimate of $17.20. This current average reflects an increase of 4.88% from the previous average price target of $18.05.

Investigating Analyst Ratings: An Elaborate Study

In examining recent analyst actions, we gain insights into how financial experts perceive America Movil ( AMX ). The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Andres Coello Scotiabank Lowers Sector Perform $19.00 $19.60
Vitor Tomita Goldman Sachs Raises Buy $22.00 $21.00
Andres Coello Scotiabank Raises Sector Perform $17.20 $16.60
Marcelo Santos JP Morgan Raises Underweight $17.50 $15.00

Key Insights:

Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to America Movil ( AMX ). This offers insight into analysts' perspectives on the current state of the company.

Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of America Movil ( AMX ) compared to the broader market.

Price Targets: Understanding forecasts, analysts offer estimates for America Movil's ( AMX ) future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of America Movil's ( AMX ) market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on America Movil ( AMX ) analyst ratings.

About America Movil

America Movil ( AMX ) is the largest telecom carrier in Latin America, serving about 285 million wireless customers across the region. It also provides fixed-line phone, internet access, and television services in most of the countries it serves. Mexico is the firm's largest market, providing about 35% of service revenue. Movil dominates the Mexican wireless market with more than 60% customer share and also serves about half of fixed-line internet access customers in the country. Brazil, its second most important market, provides about 20% of service revenue. Movil sold its low-margin wireless resale business in the U.S. to Verizon in 2021 and now owns a 1.4% stake in the U.S. telecom giant. The firm also holds a 58% stake in Telekom Austria and a 15% stake in Dutch carrier KPN.

America Movil's Economic Impact: An Analysis

Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.

Decline in Revenue: Over the 3 months period, America Movil ( AMX ) faced challenges, resulting in a decline of approximately -2.69% in revenue growth as of 31 March, 2024. This signifies a reduction in the company's top-line earnings. When compared to others in the Communication Services sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: America Movil's ( AMX ) net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 6.64%, the company may face hurdles in effective cost management.

Return on Equity (ROE): America Movil's ( AMX ) ROE stands out, surpassing industry averages. With an impressive ROE of 3.55%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): America Movil's ( AMX ) financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.85%, the company showcases efficient use of assets and strong financial health.

Debt Management: America Movil's ( AMX ) debt-to-equity ratio is below the industry average at 1.71, reflecting a lower dependency on debt financing and a more conservative financial approach.

The Core of Analyst Ratings: What Every Investor Should Know

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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