America Movil S.A.B. de C.V. (AMX) Announces Quarterly Results
America Movil S.A.B. de C.V. (NYSE:AMX) announced its earnings results on Wednesday. The company reported $0.37 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.44 by $0.07, Analyst Ratings Network reports.
America Movil S.A.B. de C.V. (NYSE:AMX) traded up 1.07% on Wednesday, hitting $21.72. 1,936,046 shares of the company’s stock traded hands. America Movil S.A.B. de C.V. has a 52 week low of $18.26 and a 52 week high of $23.75. The stock’s 50-day moving average is $21.87 and its 200-day moving average is $21.28. The company has a market cap of $77.508 billion and a price-to-earnings ratio of 13.78.
A number of analysts have recently weighed in on AMX shares. Analysts at Morgan Stanley reiterated an “in-line” rating on shares of America Movil S.A.B. de C.V. in a research note on Wednesday. On a related note, analysts at TheStreet downgraded shares of America Movil S.A.B. de C.V. from a “buy” rating to a “hold” rating in a research note on Thursday, January 23rd. Finally, analysts at Zacks reiterated a “neutral” rating on shares of America Movil S.A.B. de C.V. in a research note on Wednesday, January 15th. They now have a $23.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $22.92.
America Movil SAB. DE C.V. (NYSE:AMX) is a provider of wireless communications services in Latin America.
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