BBB Foods Inc (NYSE:TBBB) currently has a daily average trading volume of 677.84K but it saw 390022 shares traded in last market. With a market cap of 3.65B USD, the company’s current market price of $32.51 came rising about 6.70 while comparing to the previous closing price of $30.47. In past 52 weeks, the stock remained buoying in the range of price level as high as $33.16 and as low as $18.71. In the recent trading on the day, stock has struck highest price mark of $30.975 while lowest mark touched by it was $32.8.
Taking a look at 20-day trading activity of BBB Foods Inc (TBBB) gives us an average price of $30.64, while its current price level is -1.96% below from 52-week high level whereas it is 73.76% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $28.22. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.42% during that period while stretching the period over a month that decreases to 4.14%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 64.33 which implies that the stock is in neutral territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Jefferies which initiated the stock as “Hold” in its note to investors issued on September 09, 2024, recommending a price target of $33 for it. HSBC Securities upgraded its recommendation for the stock as a “Hold” from “Reduce” on August 23, 2024 while assigning a price target of $31. UBS issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $26 and $27.
Over the week, TBBB’s stock price is moving 8.26% up while it is 18.26% when we observe its performance for the past one month. Year-to-date it is 70.66% up and over the past year.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.43 beaten by the consensus estimate of 0.02 for the same. The company is expected to be releasing its next quarterly report in October, for which analysts forecasted an EPS of 0.03 while estimate for next year EPS is 0.13. In next quarter, company is expected to be making quarterly sales of $894.78M as analysts are expecting the sales for current fiscal year at $3.01B and seeing the company making $3.83B in sales next year. Moreover, analysts are in estimates of $801.63M for current-quarter revenue.
Currently, BBB Foods Inc’s total number of outstanding shares is 112.20M. It has a 84.95 of forward P/E ratio. Stock has a price to book (P/B) ratio of 18.80.
