Analysts Have Mixed Ratings On America Movil, S.A.B. de C.V. (AMX), Hess Corporation (HES)

    The shares of America Movil, S.A.B. de C.V. (NYSE:AMX) has been pegged with a rating of Buy by HSBC Securities in its latest research note that was published on April 8th, 2019. HSBC Securities wasn’t the only research firm that published a report of America Movil, S.A.B. de C.V., with other equities research analysts also giving their opinion on the stock. JP Morgan advised investors in its research note published on April 5th, 2019, to Overweight the AMX stock. The stock had earned Buy rating from Goldman when it published its report on April 3rd, 2018. That day the Goldman set price target on the stock to $25. The stock was given Neutral rating by JP Morgan in its report released on February 15th, 2018. Credit Suisse was of a view that AMX is Outperform in its latest report on October 20th, 2017. Deutsche Bank thinks that AMX is worth Buy rating. This was contained in the firm’s report on October 16th, 2017 in which the stock’s price target was also moved to $21.

    Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 4 believe it has the potential for further growth, thus rating it as Hold while 2 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $17.59. The price of the stock the last time has raised by 11.58% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 41.11.

    The shares of the company dipped by 0.00% during the trading session on Thursday, reaching a low of $13.30 while ending the day at $13.39. During the trading session, a total of 1.48 million shares were traded which represents a 37.75% incline from the average session volume which is 2.37M shares. AMX had ended its last session trading at 13.39. America Movil, S.A.B. de C.V. currently has a market cap of $44.20B, while its P/E ratio stands at 12.90, while its P/E earnings growth sits at 0.85, with a beta of 0.50. America Movil, S.A.B. de C.V. debt-to-equity ratio currently stands at 3.83, while its quick ratio hovers at 0.60. AMX 52-week low price stands at $12.00 while its 52-week high price is $17.63.

    The company in its last quarterly report recorded $0.22 earnings per share which is below the $0.31 predicted by most analysts. The America Movil, S.A.B. de C.V. generated $13,091.50 million in revenue during the last quarter, which is slightly higher than the $12,899.00 million predicted by analysts. In the second quarter last year, the firm recorded $0.31 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -40.91%. America Movil, S.A.B. de C.V. has the potential to record 1.04 EPS for the current fiscal year, according to equities analysts.

    Investment analysts at Barclays published a research note on August 19th, 2019 where it informed investors and clients that Hess Corporation (NYSE:HES) is now rated as Overweight. Their price target on the stock stands at $93. JP Morgan also rated HES as Upgrade on April 5th, 2019, with its price target of $19 suggesting that HES could surge by 10.86% from its current share price. Even though the stock has been trading at $64.83/share, analysts expect it to surge higher by -1.36% to reach $71.74/share. It started the day trading at $65.33 and traded between $63.85 and $63.95 throughout the trading session.

    A look at its technical shows that HES’s 50-day SMA is 61.29 while its 200-day SMA stands at 57.81. At the moment, only of Hess Corporation shares were sold short. The company’s average trading volume currently stands at 3.00M shares, which means that the short-interest ratio is just 4.16 days. Over the past seven days, the company moved, with its shift of 7.26%. Looking further, the stock has raised 8.37% over the past 90 days while it gained 11.88% over the last six months.

    The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Fidelity Management Research Co bought more HES shares, increasing its portfolio by +19.49% during the last quarter. This move now sees Fidelity Management Research Co purchasing 5,762,062 shares in the last quarter, thus it now holds 35,319,238 shares of HES, with a total valuation of $2,290,099,392. The Vanguard Group Inc meanwhile bought more HES shares in the recently filed quarter, changing its stake to $1,920,657,606 worth of shares. Elliott Management Corp followed the path by decreasing its HES portfolio by -25.93% in the quarter. This means that Elliott Management Corp sold -5,690,642 shares in the last quarter and now controls 16,254,358 shares of the HES stock, with the valuation hitting $1,053,932,573.

    Similarly, BlackRock Fund Advisors increased its Hess Corporation shares by +1.68% during the recently filed quarter. After buying 208,271 shares in the last quarter, the firm now controls 12,575,266 shares of Hess Corporation which are valued at $815,380,247. In the same vein, T Rowe Price Associates Inc decreased its Hess Corporation shares by during the most recent reported quarter. The firm sold -3,813,573 shares during the quarter which decreased its stakes to 9,785,878 shares and is now valued at $634,516,330. Following these latest developments, around 0.30% of Hess Corporation stocks are owned by institutional investors and hedge funds.