|Bid||57.73 x 800|
|Ask||57.63 x 1000|
|Day's Range||56.96 - 58.52|
|52 Week Range||56.19 - 69.00|
|Beta (3Y Monthly)||0.32|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1.79 (2.89%)|
|1y Target Est||74.89|
Is Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) a good investment right now? We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, expert networks, and get tips from investment bankers and industry insiders. Sure they sometimes fail miserably, but their consensus […]
As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I...
Mexican conglomerate Femsa said on Thursday it had signed a non-binding agreement to acquire a minority stake in U.S. cash-and-carry retailer Jetro Restaurant Depot, adding to recent investments by Mexican firms abroad. Investment in Mexico has been unsettled by President Andres Manuel Lopez Obrador, who took office in December pledging to ramp up growth. Femsa, one of Mexico's biggest firms, said $750 million of investment was foreseen in its memorandum of understanding (MOU) with Jetro, which fit with a strategy of putting money into businesses that can leverage its potential in other markets.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
FEMSA (FMX) witnesses positive momentum, owing to earnings beat in second-quarter 2019 and rise in sales. Additionally, the company's growth and expansion efforts place it well for long-term growth.
As investors get more nervous about the U.S. trade war with China, defensive plays such as Coca-Cola (NYSE:KO) have become more popular. Up 27% (including dividends) over the past year through August 30, KO stock continues to generate significant attention from investors.Source: Fotazdymak / Shutterstock.com Before you buy Coca-Cola stock and throw it in a drawer, you might also want to consider investing in the entire Coca-Cola portfolio. Here's why. The Sum of the PartsCoca-Cola's equity method investments generated $75.5 billion in revenue in 2018, along with $7.5 billion in operating income. InvestorPlace - Stock Market News, Stock Advice & Trading TipsCoca-Cola's major equity method investments include 19% of Coca-Cola European Partners (NYSE:CCEP), 19% of Monster Beverage (NASDAQ:MNST), 20% of AC Bebidas, Arca Continental's (OTCMKTS:EMBVF) beverage business, 28% of Coca-Cola Femsa (NYSE:KOF), 23% of Coca-Cola HBC (OTCMKTS:CCHGY), and 18% of Coca-Cola Bottlers Japan (OTCMKTS:CCOJY). Coca-Cola currently trades at 7.1 times sales. Assuming its equity method investments were one entity and also sold at 7.1 times sales, they would have a market cap of $536 billion, or more than double Coca-Cola's entire valuation. Not mentioned in the six equity method investments from above is Coca-Cola Consolidated (NASDAQ:COKE), the largest Coca-Cola bottler in the U.S. Coca-Cola owns 35% of its stock. Here's the market cap valuation of all seven equity method investments (Source: Morningstar and Wall Street Journal):Company Market Cap Coca-Cola's Interest Coca-Cola European Partners $26.0B $5.0B Monster Beverage $31.6B $6.1B AC Bebidas N/A N/A Coca-Cola Femsa $12.3B $3.4B Coca-Cola HBC $11.0B $2.5B Coca-Cola Bottlers Japan $3.9B $702.0M Coca-Cola Consolidated $3.2B $1.1B The only holding that I wasn't able to come up with an approximate valuation is AC Bebidas. That's because it's an 80% -owned subsidiary of Arca Continental, which has other interests in addition to its beverage business. * 7 Deeply Discounted Energy Stocks to Buy That said, the company's beverage business accounted for 89% of its 2018 revenue. So, let's assume its valuation is 89% of its $9.2 billion market cap, which means Coke's 20% interest is worth approximately $1.6 billion. In total, the seven equity method investments are worth approximately $20.4 billion, $1 billion higher than the carrying value of $19.4 billion, which doesn't include minority investments in BodyArmor and its other growth ventures. KO Stock Performance vs. Equity InvestmentsAs I said in the beginning, Coca-Cola stock has generated a total return of 27% over the past year, 193 basis points better than the U.S. total market. How have the other stocks performed?(Source: Morningstar 1-Year returns)Company 1-Year Total Return Coca-Cola European Partners 34.5% Monster Beverage -3.7% AC Bebidas -17.4%* Coca-Cola Femsa 0.6% Coca-Cola HBC 5.5% Coca-Cola Bottlers Japan -26.9% Coca-Cola Consolidated 99.1% You'll notice an asterisk beside AC Bebidas's total return. That's because I used its parent, Arca Continental's one-year return, and that's based on its performance on the Pink Sheets. Its performance on the Mexico Bolsa was -17.6%, so it's reasonably accurate. The performance of the seven stocks was either good -- COKE up 99.1% -- or bad -- CCOJY was down 26.9%. Overall, based on a $1,000 investment for all seven stocks, they generated a total return of 13.1%, about half Coca-Cola's total return over the past year. The Bottom Line on KO StockWhile some of the seven Coca-Cola equity investments have done poorly over the past year -- Monster would be at the top of the list of disappointments -- I wouldn't bet against some of them rebounding over the next 6-12 months. * 10 Stocks to Buy for September That being said, it's a heck of a lot easier to make a single investment in KO stock, stick it in a drawer, and enjoy a steady stream of dividends and capital appreciation over the next 3-5 years or longer. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Deeply Discounted Energy Stocks to Buy * 7 Stocks to Buy In a Flat Market * 10 Stocks to Buy to Ride China's Emerging Wealth The post Is It Time to Invest in the Coca-Cola Portfolio?Â Â Â Â appeared first on InvestorPlace.
After Coca-Cola FEMSA, S.A.B. de C.V.'s (NYSE:KOF) earnings announcement on 30 June 2019, the consensus outlook from...
FEMSA (FMX) gains from initiatives like expanding store base, diversifying the business portfolio and focusing on core business. But soft margin trend and increased costs are deterrents.
Mexican retailer and bottler Femsa has cut its planned gas station openings for the rest of the year by about half, it said on Friday, adding that Mexico's new government has stalled in approving new facilities. The conglomerate known for its ubiquitous chain of Oxxo convenience stores as well running the world's largest Coca-Cola franchise bottler launched its Oxxo-branded gas station division in 2015, aiming to operate a large network of sites across the country. The launch came during Mexico's previous administration, after a landmark energy reform opened the fuel market to players other than state oil company Pemex, attracting numerous gasoline retailers to the local market.
Mexican bottler and retailer Femsa reported on Thursday that its second-quarter net income fell nearly 36% from the year-earlier period because of exchange-rate losses, despite a jump in revenue. The conglomerate reported net income of 5.64 billion pesos ($294 million), down from 8.8 billion pesos the year before. Analysts had expected a substantial decrease, saying higher sales would still help Femsa deliver a positive quarter.
Today we'll evaluate Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) to determine whether it could have potential as an...
FEMSA (FMX) is in doldrums, thanks to the negative operating margins trend stemming from softness at its operating segments. Its portfolio diversification efforts may cushion the stock.
Arbitrators provide clearance for the sale of Coca-Cola's (KO) energy drink brand. This resolves Coca-Cola's dispute with Monster Beverage regarding an agreement signed in 2015.
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Coca-Cola FEMSA...
Investors pursuing a solid, dependable stock investment can often be led to Coca-Cola FEMSA, S.A.B. de C.V...
Moody's de México, S.A. de C.V. ("Moody's") affirmed today Coca-Cola FEMSA, S.A.B. de C.V.'s (KOF) A2 and Aaa.mx senior unsecured ratings. The rating action follows Moody's rating action on June 5, 2019 that changed Government of Mexico's outlook to negative from stable.