America Movil (AMX)

• Market cap: $43.7B
• 1 day: 0.42%
• 5 days: -3.04%
• 1 month: -3.24%
• 3 months: -4.27%
• 6 months: -14.84%
• Year to date: -0.49%
• 1 year: -26.22%
• 5 years: 5.36%
• 10 years: -26.93%
• Sector: Communication Services
• Industry: Telephone Communications, Except Radiotelephone

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 Q4 regulatory filings by fund managers ($100M+ AUM)

0.03% less ownership

Funds ownership: 0.3% [Q3] → 0.28% (-0.03%) [Q4]

4% less funds holding

Funds holding: 278 [Q3] → 267 (-11) [Q4]

17% less first-time investments, than exits

New positions opened: 35 | Existing positions closed: 42

18% less capital invested

Capital invested by funds: $3.08B [Q3] → $2.52B (-$568M) [Q4]

33% less funds holding in top 10

Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]

47% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 103

82% less call options, than puts

Call options by funds: $678K | Put options by funds: $3.67M

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $13.70 5% downside
• Avg. target: $15.33 7% upside
• High target: $17.30 21% upside

3 analyst ratings

• positive: 1 33%
• neutral: 1 33%
• negative: 1 33%

Goldman Sachs Vitor Tomita 30% 1-year accuracy 3 / 10 met price target	21% upside $17.30	Buy Maintained	19 Feb 2025
Scotiabank Andres Coello 53% 1-year accuracy 9 / 17 met price target	5% downside $13.70	Sector Perform Maintained	13 Feb 2025
JP Morgan Marcelo Santos 71% 1-year accuracy 5 / 7 met price target	5% upside $15	Underweight Maintained	16 Jan 2025