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

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

América Móvil Trading Up 0.5 %

Shares of AMX opened at $14.80 on Thursday. América Móvil has a twelve month low of $13.63 and a twelve month high of $20.31. The firm has a market capitalization of $45.44 billion, a P/E ratio of 22.09, a price-to-earnings-growth ratio of 0.75 and a beta of 0.93. The company has a current ratio of 0.72, a quick ratio of 0.67 and a debt-to-equity ratio of 0.90. The stock’s fifty day simple moving average is $14.33 and its 200 day simple moving average is $15.55.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on AMX shares. Scotiabank cut their target price on shares of América Móvil from $17.80 to $17.30 and set a “sector perform” rating for the company in a research note on Wednesday, October 16th. StockNews.com raised shares of América Móvil from a “hold” rating to a “buy” rating in a research report on Tuesday, January 14th. JPMorgan Chase & Co. decreased their target price on shares of América Móvil from $17.00 to $15.00 and set an “underweight” rating on the stock in a research report on Thursday, January 16th. Finally, The Goldman Sachs Group lowered their target price 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. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $18.94.

América Móvil Company Profile

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.