End-of-day quote
Mexican S.E.
03:30:00 31/05/2024 am IST
5-day change
1st Jan Change
31.32
MXN
-1.29%
-3.72%
-5.86%
Becle, S.A.B. de C.V. : No turn-around in sight Entry price Target Stop-loss Potential
MX$50.3
MX$58
MX$44.5
+15.31%
Becle, S.A.B. de C.V. shares show a positive technical situation which suggests a continuation of the upward dynamic over the medium term.
Summary ● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
Strengths ● The group's high margin levels account for strong profits.
● Historically, the company has been releasing figures that are above expectations.
● Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
● The stock is in a well-established, long-term rising trend above the technical support level at 36.9 MXN
Weaknesses ● With an enterprise value anticipated at 5.07 times the sales for the current fiscal year, the company turns out to be overvalued.
● The company is not the most generous with respect to shareholders' compensation.
● The three month average target prices set by analysts do not offer high potential in comparison with the current prices.
Transcript : Becle, S.A.B. de C.V., Q1 2024 Earnings Call, Apr 25, 2024
25/04
Becle, S.A.B. de C.V. Reports Earnings Results for the First Quarter Ended March 31, 2024
24/04
CI
Marathon Partners Calls on Tequila Maker Becle to List on Major Exchange
06/03
DJ
Marathon Partners urges Becle to move share listing, consider alternatives
06/03
RE
Tequila giant Becle sees margins growing after troubled year
23/02
RE
Transcript : Becle, S.A.B. de C.V., Q4 2023 Earnings Call, Feb 23, 2024
23/02
Becle, S.A.B. de C.V. Reports Earnings Results for the Full Year Ended December 31, 2023
23/02
CI
Becle, S.A.B. de C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023
23/02
CI
Jose Cuervo distiller's profit plunge cuts $1.5 billion off market value
26/23/26
RE
Transcript : Becle, S.A.B. de C.V., Q3 2023 Earnings Call, Oct 26, 2023
26/23/26
Becle, S.A.B. de C.V. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
26/23/26
CI
Mexico's 'super peso' could further squeeze company earnings in Q3 -analysts
02/23/02
RE
Jose Cuervo maker maintains annual guidance, upbeat on coming months
28/23/28
RE
Becle, S.A.B. de C.V. Provides Earnings Guidance for the Full Year 2023
28/23/28
CI
Transcript : Becle, S.A.B. de C.V., Q2 2023 Earnings Call, Jul 28, 2023
28/23/28
Becle, S.A.B. de C.V. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
28/23/28
CI
Cuervo tequila maker Becle narrows sales guidance after profit slump
28/23/28
RE
Transcript : Becle, S.A.B. de C.V., Q1 2023 Earnings Call, Apr 28, 2023
28/23/28
Becle, S.A.B. de C.V. Reports Earnings Results for the First Quarter Ended March 31, 2023
28/23/28
CI
European thirst for tequila aggravates agave crunch
24/23/24
RE
Cuervo maker Becle sees more thirst for tequila in U.S., Canada
17/23/17
RE
Cuervo tequila maker Becle eyes more volumes in U.S., Canada in 2023
17/23/17
RE
Transcript : Becle, S.A.B. de C.V., Q4 2022 Earnings Call, Feb 17, 2023
17/23/17
Becle, S.A.B. de C.V. Reports Earnings Results for the Full Year Ended December 31, 2022
16/23/16
CI
Mexican tequila maker Cuervo sees improved sales growth
28/22/28
RE
Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
More charts
Becle SAB de CV is a Mexico-based company engaged in the beverages industry. The Company focuses on the production, bottling, trade and distribution of alcoholic and non-alcoholic beverages. Its offer includes various types of tequila distributed under own Jose Cuervo brand name, non-alcoholic drinks, ready-to-drink beverages, as well as other distilled alcohols distributed under third-party brand names, including Three Olives, Hangar 1, Stranahan's, Bushmills and Boodles. Its distribution chain comprises operations in the United States, Mexico and other countries. In addition, the Company is involved in the farming and processing of blue agave. The Company owns a number of subsidiaries, such as Tequila Cuervo la Rojena SA de CV, Casa Cuervo SA de CV and Azul Agricultra y Servicios SA de CV.
More about the company
Last Close Price
31.32
MXN
Average target price
40.15
MXN
Spread / Average Target
+28.19%
Consensus
1st Jan change
Capi.
-5.86% 6.6B -4.49% 286B +4.55% 78.63B +4.60% 40.65B -2.55% 35.54B -15.08% 19.41B +7.69% 16.01B +3.73% 9.86B +8.80% 9.13B +4.95% 7.69B
Distilleries
+951% of historical performance
More than 20 years at your side
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