América Móvil (NYSE:AMX) Posts Quarterly Earnings Results, Misses Expectations By $0.27 EPS

América Móvil (NYSE:AMX) posted its quarterly earnings data on Wednesday. The Wireless communications provider reported $0.15 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.27), Zacks reports. América Móvil had a return on equity of 8.61% and a net margin of 4.45%.

América Móvil Trading Up 0.2 %

Shares of América Móvil stock opened at $14.83 on Friday. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.72 and a quick ratio of 0.67. The firm has a fifty day moving average price of $14.32 and a 200 day moving average price of $15.55. América Móvil has a 1 year low of $13.63 and a 1 year high of $20.31. The stock has a market cap of $45.53 billion, a PE ratio of 22.14, a price-to-earnings-growth ratio of 0.75 and a beta of 0.93.

Analysts Set New Price Targets

Several research firms have recently commented on AMX. Scotiabank lowered their price objective on shares of América Móvil from $17.30 to $13.70 and set a “sector perform” rating for the company in a research note on Thursday. The Goldman Sachs Group lowered their price objective on shares of América Móvil from $17.80 to $17.60 and set a “buy” rating for the company in a research note on Tuesday, January 28th. StockNews.com upgraded shares of América Móvil from a “buy” rating to a “strong-buy” rating in a research note on Thursday. Finally, JPMorgan Chase & Co. lowered their price objective on shares of América Móvil from $17.00 to $15.00 and set an “underweight” rating for the company in a research note on Thursday, January 16th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $18.22.

About América Móvil

América Móvil, SAB. de C.V. provides telecommunications services in Latin America and internationally. The company offers wireless and fixed voice services, including airtime, local, domestic, and international long-distance services; and network interconnection services. It provides data services, such as data centers, data administration, and hosting services to residential and corporate clients; value-added services, including Internet access, messaging and other wireless entertainment, and corporate services; data transmission, email services, instant messaging, content streaming, and interactive applications; and wireless security services, mobile payment solutions, machine-to-machine services, mobile banking, virtual private network services, and video calls and personal communications services.