Trading Day Triumph: BBB Foods Inc (TBBB) Ends at 22.59, a -1.57 Surge/Plunge

Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.

BBB Foods Inc (NYSE: TBBB) closed the day trading at $22.59 down -1.57% from the previous closing price of $22.95. In other words, the price has decreased by -$1.57 from its previous closing price. On the day, 0.23 million shares were traded. TBBB stock price reached its highest trading level at $23.07 during the session, while it also had its lowest trading level at $22.15.

Ratios:

For a better understanding of TBBB, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.23 and its Current Ratio is at 0.49.

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 the company, UBS on April 09, 2024, Downgraded its rating to Neutral and sets its target price to $27 from $26 previously.

On March 12, 2024, Scotiabank started tracking the stock assigning a Sector Outperform rating and target price of $33.

On March 06, 2024, JP Morgan started tracking the stock assigning a Overweight rating and target price of $30.JP Morgan initiated its Overweight rating on March 06, 2024, with a $30 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 2534620672 and an Enterprise Value of 11319309312. Its current Enterprise Value per Revenue stands at 0.257 whereas that against EBITDA is 8.809.

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 4.54%, while the 200-Day Moving Average is calculated to be 5.28%.

Shares Statistics:

Over the past 3-months, TBBB traded about 1.13M shares per day on average, while over the past 10 days, TBBB traded about 977050 shares per day. Shares short for TBBB as of 1713139200 were 1602010 with a Short Ratio of 1.42, compared to 1710460800 on 1755454. Therefore, it implies a Short% of Shares Outstanding of 1602010 and a Short% of Float of 4.14.

Earnings Estimates

A comprehensive evaluation of BBB Foods Inc (TBBB) is underway, with the input of 1 analysts contributing to its current rating.The consensus estimate for the next quarter is -$0.02, with high estimates of $0 and low estimates of -$0.04.

Analysts are recommending an EPS of between $0.1 and -$0.12 for the fiscal current year, implying an average EPS of -$0.01. EPS for the following year is $0.25, with 5.0 analysts recommending between $0.47 and $0.15.

Revenue Estimates

For the next quarter, 2 analysts are estimating revenue of $743.38M. There is a high estimate of $752.19M for the next quarter, whereas the lowest estimate is $734.56M.

Based on 5 analysts’ estimates, the company’s revenue will be $3.56B in the next fiscal year. The high estimate is $4.25B and the low estimate is $3.29B.

Most Popular

[the_ad id="945"]