FY2026 EPS Forecast for Grupo Mexico Increased by Analyst

Grupo Mexico, S.A.B. de C.V. (OTCMKTS:GMBXF) – Scotiabank raised their FY2026 earnings per share estimates for shares of Grupo Mexico in a research note issued to investors on Wednesday, May 20th. Scotiabank analyst A. Salazar now expects that the company will post earnings of $0.74 per share for the year, up from their previous forecast of $0.72. The consensus estimate for Grupo Mexico’s current full-year earnings is $1.10 per share. Scotiabank also issued estimates for Grupo Mexico’s FY2027 earnings at $0.68 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 analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

Grupo Mexico Stock Up 4.5%

OTCMKTS:GMBXF opened at $12.33 on Friday. Grupo Mexico has a twelve month low of $5.32 and a twelve month high of $12.76. The stock’s 50 day moving average price is $11.30 and its two-hundred day moving average price is $10.62.

About Grupo Mexico

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.