News coverage about Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF) has been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Coca Cola Femsa S.A.B. de C.V. earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 46.9122615112153 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news headlines that may have effected Accern Sentiment’s rankings:
- Coca Cola Femsa S.A.B. de C.V. (KOF) Receives Average Recommendation of “Buy” from Analysts (americanbankingnews.com)
- ETFs with exposure to Coca-Cola FEMSA SAB de CV : August 8, 2017 (finance.yahoo.com)
- New Strong Buy Stocks for August 7th – Nasdaq (nasdaq.com)
- Coca Cola Femsa SAB de CV (NYSE:KOF) Sees Unusual Trading Volume in Its Shares – Modern Readers (modernreaders.com)
A number of equities analysts have issued reports on the company. Barclays PLC set a $84.00 price target on Coca Cola Femsa S.A.B. de C.V. and gave the company an “equal weight” rating in a research note on Monday, May 1st. BidaskClub cut shares of Coca Cola Femsa S.A.B. de C.V. from a “buy” rating to a “hold” rating in a research report on Thursday. Zacks Investment Research raised shares of Coca Cola Femsa S.A.B. de C.V. from a “hold” rating to a “buy” rating and set a $94.00 target price on the stock in a research report on Tuesday, June 27th. Scotiabank raised shares of Coca Cola Femsa S.A.B. de C.V. from a “sector perform” rating to an “outperform” rating in a research report on Wednesday, July 5th. Finally, Citigroup Inc. cut shares of Coca Cola Femsa S.A.B. de C.V. from a “buy” rating to a “neutral” rating in a research report on Tuesday, June 13th. Three analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $99.00.
Coca Cola Femsa S.A.B. de C.V. (KOF) opened at 82.50 on Friday. The firm’s 50 day moving average is $85.47 and its 200 day moving average is $75.78. Coca Cola Femsa S.A.B. de C.V. has a 52-week low of $59.44 and a 52-week high of $91.85. The company has a market cap of $17.33 billion, a PE ratio of 21.81 and a beta of 0.97.
Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF) last posted its quarterly earnings results on Monday, July 24th. The company reported $0.58 EPS for the quarter, missing the Zacks’ consensus estimate of $0.63 by $0.05. Coca Cola Femsa S.A.B. de C.V. had a net margin of 7.09% and a return on equity of 10.72%. The firm had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $2.71 billion. Analysts forecast that Coca Cola Femsa S.A.B. de C.V. will post $3.81 EPS for the current fiscal year.
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About Coca Cola Femsa S.A.B. de C.V.
Coca-Cola FEMSA, SAB. de C.V. is a franchise bottler of Coca-Cola trademark beverages across the world. The Company and its subsidiaries are engaged in the production, distribution and marketing of certain Coca-Cola beverages. It is also engaged in acquiring, holding and transferring all types of bonds, shares and marketable securities.
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