- Grupo Mexico’s net income is estimated at $950 million for the fourth quarter of 2024.
- Revenue for the same period is projected at $4.06 billion.
- The basic earnings per share (EPS) are estimated at 11 cents.
- Analyst commentary from Itau BBA suggests a market perform rating with a price target of MXN123.
- The expected Ebitda is $1,970 million, which is a 9% decrease from the previous quarter.
- A weaker performance in the mining segment is expected to impact the quarter-over-quarter results negatively.
- Despite this, Ebitda could see a 29% increase compared to the annual performance.
- The AMC results are likely to suffer due to lower volumes and higher costs.
- Weaker outcomes are also anticipated for the infrastructure and transportation units.
- The market has 9 buy ratings, 5 holds, and 2 sells for Grupo Mexico.
- The average price target for the company is MXN131.85, indicating a potential 29.8% upside from the current price.
- Shares have increased by 13.6% over the past year, while the MEXBOL Index has declined by 12.1%.
- The estimated quarterly dividend is MXN1 per share, compared to MXN80.0 reported a year ago.
- The next dividend declaration date is scheduled for February 4, 2025.
- Fourth-quarter 2024 results are expected to be released on February 4, 2025.
A look at Grupo Mexico Sab De Cv Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 2 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Grupo Mexico Sab De Cv, a mining company known for its operations in copper, silver, gold, and other minerals, has received a positive overall outlook according to Smartkarma Smart Scores. With a strong focus on Resilience and Dividend, scoring 5 and 4 respectively, the company shows a solid foundation for long-term stability and income generation. Although Growth scored a bit lower at 2, it is complemented by a moderate Value score of 3. Momentum, standing at 3, indicates a steady pace for potential future development.
Grupo Mexico SAB de CV’s strategic positioning in the mining industry, coupled with its diverse portfolio that includes metal processing and rail operations, showcases a company focused on sustainable growth and profitability. Investors looking for a company with a reliable track record and a commitment to shareholder returns may find Grupo Mexico Sab De Cv an attractive long-term investment option.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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