Coca-Cola FEMSA (KOF) Set to Announce Quarterly Earnings on Friday

Coca-Cola FEMSA (NYSE:KOF) will post its quarterly earnings results before the market opens on Friday, July 19th. Analysts expect Coca-Cola FEMSA to post earnings of $1.55 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Coca-Cola FEMSA (NYSE:KOF) last posted its earnings results on Wednesday, April 24th. The company reported $1.40 earnings per share for the quarter, topping the consensus estimate of $1.37 by $0.03. Coca-Cola FEMSA had a return on equity of 15.96% and a net margin of 8.15%. The firm had revenue of $3.76 billion for the quarter, compared to analyst estimates of $3.67 billion. On average, analysts expect Coca-Cola FEMSA to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Coca-Cola FEMSA Price Performance

Shares of KOF opened at $87.78 on Thursday. The stock has a 50 day simple moving average of $89.80 and a 200 day simple moving average of $93.75. Coca-Cola FEMSA has a 52-week low of $69.33 and a 52-week high of $104.38. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.87 and a current ratio of 1.05. The firm has a market capitalization of $147.53 billion, a PE ratio of 15.45, a P/E/G ratio of 0.72 and a beta of 0.87.

Coca-Cola FEMSA Cuts Dividend

The company also recently declared a semi-annual dividend, which will be paid on Friday, July 26th. Shareholders of record on Monday, July 15th will be paid a $0.8325 dividend. This represents a dividend yield of 3.7%. The ex-dividend date is Monday, July 15th. Coca-Cola FEMSA’s dividend payout ratio is 12.85%.

Analysts Set New Price Targets

KOF has been the topic of a number of research reports. Scotiabank raised shares of Coca-Cola FEMSA from a “sector perform” rating to a “sector outperform” rating in a research report on Friday, April 12th. StockNews.com raised shares of Coca-Cola FEMSA from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, April 17th. UBS Group decreased their price objective on Coca-Cola FEMSA from $112.00 to $102.00 and set a “buy” rating for the company in a report on Wednesday, July 10th. Barclays dropped their target price on Coca-Cola FEMSA from $115.00 to $105.00 and set an “overweight” rating on the stock in a report on Monday. Finally, JPMorgan Chase & Co. raised their price target on Coca-Cola FEMSA from $102.00 to $107.00 and gave the company an “overweight” rating in a research note on Friday, April 12th. Two equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $99.55.

Coca-Cola FEMSA Company Profile

Coca-Cola FEMSA, SAB. de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages. The company offers sparkling beverages, including colas and flavored sparkling beverages; and waters and other beverages, such as juice drinks, coffee, teas, milk, value-added dairy products, sports and energy drinks, alcoholic beverages, and plant-based drinks.