America MovilAMX
Market Cap: 52B
About: America Movil is the largest telecom carrier in Latin America, serving about 290 million wireless customers across the region. It also provides fixed-line phone, internet access, and television services in most of the countries it serves. Mexico is the firm's largest market, providing about 35% of service revenue. Movil dominates the Mexican wireless market with more than 60% customer share and also serves about half of fixed-line internet access customers in the country. Brazil, its second most important market, provides about 20% of service revenue. Movil sold its low-margin wireless resale business in the US to Verizon in 2021 and now owns a 1.4% stake in the US telecom giant. The firm also holds a 60% stake in Telekom Austria.
Employees: 176,083
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
40% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 75
1% more funds holding
Funds holding: 275 [Q4 2023] → 278 (+3) [Q1 2024]
8% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 40
1% more capital invested
Capital invested by funds: $3.64B [Q4 2023] → $3.67B (+$29.8M) [Q1 2024]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q4 2023] → 4 (+0) [Q1 2024]
0% more ownership
Funds ownership: 0.31% [Q4 2023] → 0.32% (+0%) [Q1 2024]
45% less call options, than puts
Call options by funds: $1.45M | Put options by funds: $2.64M
Research analyst outlook
9 Wall Street Analysts provided 1 year price forecasts over the past 6 months
9 analyst ratings
UBS Leonardo Olmos | 34%upside $22.6 | Buy Maintained | 18 Jul 2024 |
Scotiabank Andres Coello | 12%upside $18.9 | Sector Perform Maintained | 17 Jul 2024 |
Scotiabank Andres Coello | 12%upside $19 | Sector Perform Maintained | 25 Jun 2024 |
Goldman Sachs Vitor Tomita | 30%upside $22 | Buy Upgraded | 29 Apr 2024 |
Scotiabank Andres Coello | 2%upside $17.2 | Sector Perform Maintained | 25 Apr 2024 |
Financial journalist opinion
Based on 6 articles about AMX published over the past 30 days