JP Morgan Keeps Neutral Rating on America Movil, Increases Price Target to $23.5
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América Móvil Set to Release Q4 Earnings on February 10
- Earnings Announcement Schedule: América Móvil is set to announce its Q4 2023 earnings on February 10 after market close, with consensus EPS estimates at $0.43 and revenue projections at $13.98 billion, indicating stable performance in a competitive telecom market.
- Market Expectation Analysis: While the market holds a cautiously optimistic view on América Móvil's financial performance, the lack of obvious buyers may impact its stock price, prompting investors to closely monitor market reactions post-earnings release to assess future growth potential.
- Historical Financial Data: Historical earnings data for América Móvil shows relatively stable revenue growth over recent quarters; however, differing market perceptions regarding its valuation could affect investor confidence moving forward.
- Dividend Performance Assessment: América Móvil's dividend scorecard reflects its commitment to shareholder returns, and despite facing market challenges, investors should pay attention to how the upcoming earnings report may influence its dividend policy.
Top Strong Buy Stocks for December 18: MTLS, AMX, and Others
Zacks Rank #1 Stocks: Five stocks have been added to the Zacks Rank #1 (Strong Buy) List, including James River Group Holdings, Calix, Materialise NV, America Movil, and Norwood Financial Corp., all of which have seen significant increases in their earnings estimates over the past 60 days.
Earnings Estimate Increases: The earnings estimates for these companies have risen by 10.5% (James River), 15.4% (Calix), 33.3% (Materialise), 7.8% (America Movil), and 16.6% (Norwood) during the same period.
Top Picks for 2026: Zacks is preparing to release its top 10 stock picks for 2026, with a historical performance of +2,530.8% from 2012 to November 2025, significantly outperforming the S&P 500.
Free Stock Analysis Reports: The article offers free stock analysis reports for the highlighted companies, encouraging readers to download them for more insights.
Top Income Stocks to Consider Purchasing on December 18
Norwood Financial Corp.: This bank holding company has seen a 16.6% increase in the Zacks Consensus Estimate for its current year earnings, and offers a dividend yield of 4.2%, significantly higher than the industry average of 2.4%.
America Movil: The telecommunications provider has experienced a 7.8% rise in the Zacks Consensus Estimate for its current year earnings, with a dividend yield of 2.7%, slightly above the industry average of 2.6%.
Garrett Motion Inc.: This company, specializing in turbocharger technology, has had an 8.9% increase in the Zacks Consensus Estimate for its current year earnings, and provides a dividend yield of 1.9%, compared to an industry average of 0.0%.
Investment Opportunities: Zacks Investment Research is set to release its top 10 stock picks for 2026 on January 5, following a history of significant gains, with the previous top 10 stocks achieving a return of +2,530.8% since 2012.
Reasons to Consider Amer Movil (AMX) as a New Investment Opportunity
Zacks Upgrade: Amer Movil (AMX) has been upgraded to a Zacks Rank #2 (Buy) due to an upward trend in earnings estimates, indicating a positive outlook for the company's stock price.
Earnings Estimates Impact: The Zacks rating system emphasizes the importance of changing earnings estimates, which are strongly correlated with near-term stock price movements, making it a valuable tool for investors.
Analyst Consensus: Over the past three months, the Zacks Consensus Estimate for Amer Movil has increased by 6.9%, reflecting analysts' growing confidence in the company's earnings potential.
Market Positioning: The upgrade places Amer Movil in the top 20% of Zacks-covered stocks, suggesting it is well-positioned for potential market-beating returns in the near term.
Key Analyst Insights on JPMorgan Chase, EPAM, and Costco
JPMorgan Chase Performance: JPMorgan Chase shares have increased by 32.1% over the past year, driven by operational strength and loan demand, although concerns about asset quality and rising expenses persist.
EPAM Systems Growth: EPAM Systems has seen a decline of 12.9% year-to-date, but is benefiting from digital transformation trends and strategic acquisitions, with projected revenue growth of 9.8% from 2025 to 2027.
Costco's Resilience: Costco has underperformed the retail discount sector but maintains a strong membership model and operational efficiency, positioning it well for future growth despite market challenges.
Market Insights and Reports: The Zacks Research Daily highlights key stock reports and market insights, including the impact of economic releases on trading, and features notable companies like Morgan Stanley and First Solar.
América Móvil and Entel End Partnership for Joint Bid on Telefónica's Chilean Operations
Termination Agreement: América Móvil has terminated its non-binding agreement with Empresa Nacional de Telecomunicaciones S.A. (ENTEL) regarding a joint offer for acquiring assets related to Telefónica S.A. in Chile.
Future Participation: The company plans to explore potential individual participation in the acquisition process moving forward.
Company Overview: América Móvil is a leading integrated telecommunications services provider in Latin America and is the largest in the world by mobile subscribers, excluding China and India.
Disclaimer: The views expressed in the article are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.
América Móvil Set to Release Q4 Earnings on February 10
- Earnings Announcement Schedule: América Móvil is set to announce its Q4 2023 earnings on February 10 after market close, with consensus EPS estimates at $0.43 and revenue projections at $13.98 billion, indicating stable performance in a competitive telecom market.
- Market Expectation Analysis: While the market holds a cautiously optimistic view on América Móvil's financial performance, the lack of obvious buyers may impact its stock price, prompting investors to closely monitor market reactions post-earnings release to assess future growth potential.
- Historical Financial Data: Historical earnings data for América Móvil shows relatively stable revenue growth over recent quarters; however, differing market perceptions regarding its valuation could affect investor confidence moving forward.
- Dividend Performance Assessment: América Móvil's dividend scorecard reflects its commitment to shareholder returns, and despite facing market challenges, investors should pay attention to how the upcoming earnings report may influence its dividend policy.
Top Strong Buy Stocks for December 18: MTLS, AMX, and Others
Zacks Rank #1 Stocks: Five stocks have been added to the Zacks Rank #1 (Strong Buy) List, including James River Group Holdings, Calix, Materialise NV, America Movil, and Norwood Financial Corp., all of which have seen significant increases in their earnings estimates over the past 60 days.
Earnings Estimate Increases: The earnings estimates for these companies have risen by 10.5% (James River), 15.4% (Calix), 33.3% (Materialise), 7.8% (America Movil), and 16.6% (Norwood) during the same period.
Top Picks for 2026: Zacks is preparing to release its top 10 stock picks for 2026, with a historical performance of +2,530.8% from 2012 to November 2025, significantly outperforming the S&P 500.
Free Stock Analysis Reports: The article offers free stock analysis reports for the highlighted companies, encouraging readers to download them for more insights.
Top Income Stocks to Consider Purchasing on December 18
Norwood Financial Corp.: This bank holding company has seen a 16.6% increase in the Zacks Consensus Estimate for its current year earnings, and offers a dividend yield of 4.2%, significantly higher than the industry average of 2.4%.
America Movil: The telecommunications provider has experienced a 7.8% rise in the Zacks Consensus Estimate for its current year earnings, with a dividend yield of 2.7%, slightly above the industry average of 2.6%.
Garrett Motion Inc.: This company, specializing in turbocharger technology, has had an 8.9% increase in the Zacks Consensus Estimate for its current year earnings, and provides a dividend yield of 1.9%, compared to an industry average of 0.0%.
Investment Opportunities: Zacks Investment Research is set to release its top 10 stock picks for 2026 on January 5, following a history of significant gains, with the previous top 10 stocks achieving a return of +2,530.8% since 2012.
Reasons to Consider Amer Movil (AMX) as a New Investment Opportunity
Zacks Upgrade: Amer Movil (AMX) has been upgraded to a Zacks Rank #2 (Buy) due to an upward trend in earnings estimates, indicating a positive outlook for the company's stock price.
Earnings Estimates Impact: The Zacks rating system emphasizes the importance of changing earnings estimates, which are strongly correlated with near-term stock price movements, making it a valuable tool for investors.
Analyst Consensus: Over the past three months, the Zacks Consensus Estimate for Amer Movil has increased by 6.9%, reflecting analysts' growing confidence in the company's earnings potential.
Market Positioning: The upgrade places Amer Movil in the top 20% of Zacks-covered stocks, suggesting it is well-positioned for potential market-beating returns in the near term.
Key Analyst Insights on JPMorgan Chase, EPAM, and Costco
JPMorgan Chase Performance: JPMorgan Chase shares have increased by 32.1% over the past year, driven by operational strength and loan demand, although concerns about asset quality and rising expenses persist.
EPAM Systems Growth: EPAM Systems has seen a decline of 12.9% year-to-date, but is benefiting from digital transformation trends and strategic acquisitions, with projected revenue growth of 9.8% from 2025 to 2027.
Costco's Resilience: Costco has underperformed the retail discount sector but maintains a strong membership model and operational efficiency, positioning it well for future growth despite market challenges.
Market Insights and Reports: The Zacks Research Daily highlights key stock reports and market insights, including the impact of economic releases on trading, and features notable companies like Morgan Stanley and First Solar.
América Móvil and Entel End Partnership for Joint Bid on Telefónica's Chilean Operations
Termination Agreement: América Móvil has terminated its non-binding agreement with Empresa Nacional de Telecomunicaciones S.A. (ENTEL) regarding a joint offer for acquiring assets related to Telefónica S.A. in Chile.
Future Participation: The company plans to explore potential individual participation in the acquisition process moving forward.
Company Overview: América Móvil is a leading integrated telecommunications services provider in Latin America and is the largest in the world by mobile subscribers, excluding China and India.
Disclaimer: The views expressed in the article are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.
