$0.83 EPS Expected for Fomento Economico Mexicano SAB (ADR) (FMX), Key Energy Services, Inc. (KEG) Covered By 2 Bulls

July 5, 2017 - By Marie Mckinney

Analysts expect Fomento Economico Mexicano SAB (ADR) (NYSE:FMX) to report $0.83 EPS on July, 26.They anticipate $0.09 EPS change or 12.16% from last quarter’s $0.74 EPS. FMX’s profit would be $272.81M giving it 28.98 P/E if the $0.83 EPS is correct. After having $0.49 EPS previously, Fomento Economico Mexicano SAB (ADR)’s analysts see 69.39% EPS growth. The stock decreased 2.15% or $2.11 on July 3, reaching $96.23. About shares traded. Fomento Economico Mexicano SAB (ADR) (NYSE:FMX) has risen 4.34% since July 5, 2016 and is uptrending. It has underperformed by 12.36% the S&P500.

Among 8 analysts covering Key Energy (NYSE:KEG), 2 have Buy rating, 0 Sell and 6 Hold. Therefore 25% are positive. Key Energy had 12 analyst reports since July 31, 2015 according to SRatingsIntel. As per Wednesday, June 21, the company rating was downgraded by Seaport Global. The rating was downgraded by Robert W. Baird to “Neutral” on Wednesday, October 14. The rating was maintained by Howard Weil with “Sector Perform” on Friday, July 31. Cowen & Co maintained the shares of KEG in report on Tuesday, August 4 with “Market Perform” rating. As per Wednesday, March 29, the company rating was upgraded by Piper Jaffray. On Tuesday, February 23 the stock rating was downgraded by Johnson Rice to “Hold”. The stock has “Sector Perform” rating by Iberia Capital Partners on Monday, September 21. As per Wednesday, March 29, the company rating was upgraded by PiperJaffray. See Key Energy Services, Inc. (NYSE:KEG) latest ratings:

21/06/2017 Broker: Seaport Global Rating: Neutral Downgrade
19/04/2017 Broker: Nomura Rating: Neutral New Target: $27.00 Initiates Coverage On
29/03/2017 Broker: PiperJaffray Old Rating: Neutral New Rating: Overweight Upgrade
29/03/2017 Broker: Piper Jaffray Old Rating: Neutral New Rating: Overweight Upgrade

Among 5 analysts covering Fomento Economico Mexicano SAB (NYSE:FMX), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Fomento Economico Mexicano SAB had 10 analyst reports since August 18, 2015 according to SRatingsIntel. The firm has “Overweight” rating by JP Morgan given on Tuesday, August 18. Barclays Capital maintained the shares of FMX in report on Friday, October 14 with “Overweight” rating. Barclays Capital maintained the stock with “Overweight” rating in Monday, March 7 report. The rating was downgraded by Zacks to “Buy” on Monday, August 31. The rating was upgraded by Citigroup on Friday, April 29 to “Buy”. The firm has “Hold” rating by Zacks given on Wednesday, August 19. JP Morgan downgraded Fomento Economico Mexicano SAB (ADR) (NYSE:FMX) on Friday, January 20 to “Neutral” rating. The rating was upgraded by HSBC on Wednesday, August 10 to “Buy”. The stock has “Buy” rating by Stifel Nicolaus on Tuesday, November 22.

Fomento Economico Mexicano, S.A.B. de C.V. is a holding company. The company has market cap of $31.63 billion. The Company’s divisions are Coca-Cola FEMSA, FEMSA Comercio-Retail Division and FEMSA Comercio-Fuel Division. It has a 29.25 P/E ratio. The Firm conducts its activities through holding companies, such as Coca-Cola FEMSA, S.A.B. de C.V. and subsidiaries (Coca-Cola FEMSA), which produces, distributes and sells beverages; FEMSA Comercio, S.A. de C.V. and subsidiaries (FEMSA Comercio), which consists of a Retail Division operating various small-format chain stores, and CB Equity LLP, which holds its equity investment in Heineken N.V., and Heineken Holding N.V.

The stock increased 1.77% or $0.34 on July 3, reaching $19.58. About shares traded. Key Energy Services, Inc. (NYSE:KEG) has 0.00% since July 5, 2016 and is . It has underperformed by 16.70% the S&P500.