FY2026 EPS Estimates for Grupo Mexico Lifted by Scotiabank

Grupo Mexico, S.A.B. de C.V. (OTCMKTS:GMBXF) – Stock analysts at Scotiabank upped their FY2026 earnings per share estimates for Grupo Mexico in a report released on Thursday, June 18th. Scotiabank analyst A. Salazar now forecasts that the company will post earnings of $0.83 per share for the year, up from their prior estimate of $0.74. Scotiabank currently has a “Sector Perform” rating on the stock. The consensus estimate for Grupo Mexico’s current full-year earnings is $1.11 per share. Scotiabank also issued estimates for Grupo Mexico’s FY2027 earnings at $0.82 EPS.

Separately, The Goldman Sachs Group raised Grupo Mexico from a “hold” rating to a “buy” rating in a research report on Friday, April 10th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Grupo Mexico currently has an average rating of “Hold”.

Grupo Mexico Price Performance

GMBXF opened at $12.50 on Friday. The stock’s 50-day moving average price is $11.95 and its 200 day moving average price is $11.15. Grupo Mexico has a 12-month low of $5.42 and a 12-month high of $12.95.

Grupo Mexico Company Profile

Grupo México is a diversified Mexican industrial conglomerate with principal operations in mining, transportation and infrastructure. The company’s core business is the extraction and processing of base and precious metals, while complementary divisions provide freight rail and logistics services across Mexico. Grupo México operates as a vertically integrated enterprise that combines mineral production with the transport and logistics capabilities needed to move bulk commodities to market.

In mining, Grupo México is best known as the parent of Southern Copper Corporation and as one of the world’s larger copper producers.