Assessing Whether America Movil S.A.B.DE C.V. ADR (NYSE: AMX) Is Over- Or Undervalued

America Movil S.A.B.DE C.V. ADR (AMX) concluded trading on Wednesday at a closing price of $17.56, with 4.64 million shares of worth about $81.51 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -6.55% during that period and on Wednesday the price saw a gain of about 4.15%. Currently the company’s common shares owned by public are about 3.14B shares, out of which, 3.14B shares are available for trading.

However, the stock later moved at a day high price of 17.56, or with a gain of 4.15%. Stock saw a price change of -1.18% in past 5 days and over the past one month there was a price change of -4.31%. Year-to-date (YTD), AMX shares are showing a performance of -5.18% which decreased to -12.38% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $15.99 but also hit the highest price of $23.07 during that period. The average intraday trading volume for America Movil S.A.B.DE C.V. ADR shares is 1.43 million. The stock is currently trading -1.72% below its 20-day simple moving average (SMA20), while that difference is down -3.59% for SMA50 and it goes to -8.59% lower than SMA200.

America Movil S.A.B.DE C.V. ADR (NYSE: AMX) currently have 3.14B outstanding shares and institutions hold larger chunk of about 6.27% of that.

The stock has a current market capitalization of $55.12B and its 3Y-monthly beta is at 0.95. PE ratio of stock for trailing 12 months is 13.08, while it has posted earnings per share of $1.34 in the same period. Its PEG reads 1.08 and has Quick Ratio of 0.61 while making debt-to-equity ratio of 1.71. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AMX, volatility over the week remained 2.26% while standing at 2.17% over the month.

Analysts are in expectations that America Movil S.A.B.DE C.V. ADR (AMX) stock would likely to be making an EPS of $0.29 in the current quarter, while forecast for next quarter EPS is $0.31 and it is $1.56 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.12 which is $0.36 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.37 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 11.50% while it is estimated to increase by 26.83% in next year. EPS is likely to grow at an annualized rate of 12.07% for next 5-years, compared to annual growth of 10.52% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by HSBC Securities on October 20, 2023 offering a Buy rating for the stock and assigned a target price of $21.50 to it.

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