After finishing at $22.90 in the prior trading day, BBB Foods Inc (NYSE: TBBB) closed at $23.29, up 1.70%. In other words, the price has increased by $+0.39 from its previous closing price. On the day, 1076561 shares were traded.
Ratios:
Our goal is to gain a better understanding of TBBB by taking a closer look at its different ratios.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Scotiabank on March 12, 2024, initiated with a Sector Outperform rating and assigned the stock a target price of $33.
On March 06, 2024, JP Morgan started tracking the stock assigning a Overweight rating and target price of $30.
On March 05, 2024, UBS started tracking the stock assigning a Buy rating and target price of $26.UBS initiated its Buy rating on March 05, 2024, with a $26 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TBBB now has a Market Capitalization of 2.61B and an Enterprise Value of 3.25B. Its current Enterprise Value per Revenue stands at 0.08 whereas that against EBITDA is 1.36.
Stock Price History:
Over the past 52 weeks, TBBB has reached a high of $24.99, while it has fallen to a 52-week low of $18.71. The 50-Day Moving Average of the stock is 21.55, while the 200-Day Moving Average is calculated to be 21.55.
Shares Statistics:
The stock has traded on average 1.21M shares per day over the past 3-months and 1.08M shares per day over the last 10 days, according to various share statistics. Shares short for TBBB as of Mar 15, 2024 were 1.76M with a Short Ratio of 1.45, compared to 721.55k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.56% and a Short% of Float of 4.53%.
Earnings Estimates
Its stock is currently analyzed by 2 different market analysts. The consensus estimate for the next quarter is $0.04, with high estimates of $0.04 and low estimates of $0.04.
Analysts are recommending an EPS of between $0.28 and $0.16 for the fiscal current year, implying an average EPS of $0.21. EPS for the following year is $0.49, with 3 analysts recommending between $0.64 and $0.4.
Revenue Estimates
Based on 3 analysts’ estimates, the company’s revenue will be $4.54B in the next fiscal year. The high estimate is $4.67B and the low estimate is $4.46B. The average revenue growth estimate for next year is up 29.20% from the average revenue estimate for this year.
