Brokerages expect that America Movil SAB de CV (NYSE:AMX) will post earnings of $0.32 per share for the current quarter, according to Zacks Investment Research. Zero analysts have provided estimates for America Movil SAB de CV’s earnings. America Movil SAB de CV reported earnings of $0.08 per share during the same quarter last year, which indicates a positive year over year growth rate of 300%. The company is scheduled to issue its next quarterly earnings report on Friday, May 5th.

According to Zacks, analysts expect that America Movil SAB de CV will report full-year earnings of $0.66 per share for the current financial year, with EPS estimates ranging from $0.41 to $0.80. For the next year, analysts expect that the firm will report earnings of $0.67 per share, with EPS estimates ranging from $0.55 to $0.79. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that cover America Movil SAB de CV.

Several analysts have weighed in on AMX shares. Barclays PLC raised shares of America Movil SAB de CV from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $14.00 to $17.00 in a research report on Monday, April 10th. Vetr downgraded shares of America Movil SAB de CV from a “hold” rating to a “strong sell” rating and set a $11.56 target price on the stock. in a research report on Monday, January 23rd. Zacks Investment Research downgraded shares of America Movil SAB de CV from a “buy” rating to a “hold” rating in a research report on Monday, January 23rd. Deutsche Bank AG started coverage on shares of America Movil SAB de CV in a research report on Thursday, January 12th. They set a “sell” rating and a $10.00 target price on the stock. Finally, Credit Suisse Group AG set a $13.00 target price on shares of America Movil SAB de CV and gave the stock a “hold” rating in a research report on Saturday, February 18th. Three analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company. America Movil SAB de CV currently has an average rating of “Hold” and a consensus target price of $13.45.

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Several hedge funds have recently added to or reduced their stakes in AMX. Hanson & Doremus Investment Management increased its stake in America Movil SAB de CV by 0.6% in the fourth quarter. Hanson & Doremus Investment Management now owns 14,156 shares of the Wireless communications provider’s stock valued at $178,000 after buying an additional 87 shares during the period. Johnson Investment Counsel Inc. increased its stake in America Movil SAB de CV by 0.9% in the third quarter. Johnson Investment Counsel Inc. now owns 12,610 shares of the Wireless communications provider’s stock valued at $144,000 after buying an additional 110 shares during the period. Park National Corp OH increased its stake in America Movil SAB de CV by 6.3% in the first quarter. Park National Corp OH now owns 20,200 shares of the Wireless communications provider’s stock valued at $286,000 after buying an additional 1,200 shares during the period. First Allied Advisory Services Inc. increased its stake in America Movil SAB de CV by 15.3% in the fourth quarter. First Allied Advisory Services Inc. now owns 12,370 shares of the Wireless communications provider’s stock valued at $155,000 after buying an additional 1,642 shares during the period. Finally, Bank of Montreal Can increased its stake in America Movil SAB de CV by 0.5% in the first quarter. Bank of Montreal Can now owns 407,799 shares of the Wireless communications provider’s stock valued at $5,778,000 after buying an additional 1,873 shares during the period. 7.87% of the stock is currently owned by institutional investors and hedge funds.

America Movil SAB de CV (NYSE:AMX) traded down 0.511% during trading on Tuesday, reaching $14.605. 1,009,172 shares of the company were exchanged. America Movil SAB de CV has a 1-year low of $11.02 and a 1-year high of $15.93. The company’s 50-day moving average price is $13.96 and its 200-day moving average price is $12.75. The stock has a market capitalization of $48.05 billion, a P/E ratio of 104.321 and a beta of 0.70.

America Movil SAB de CV Company Profile

America Movil, SAB. de C.V. is a holding company. The Company provides telecommunications services. Its services include mobile and fixed-line voice services, wireless and fixed data services, Internet access and pay television, sales of equipment, accessories and computers, as well as other related services.

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