Itau BBA Securities initiated coverage on shares of BBB Foods (NYSE:TBBB – Free Report) in a research note published on Wednesday morning, MarketBeat reports. The firm issued a market perform rating and a $32.00 price target on the stock.
BBB Foods Stock Performance
Shares of TBBB stock opened at $30.76 on Wednesday. BBB Foods has a 52-week low of $18.71 and a 52-week high of $35.22. The company has a debt-to-equity ratio of 1.72, a quick ratio of 0.54 and a current ratio of 0.79. The firm has a fifty day moving average of $29.90 and a 200-day moving average of $29.85.
BBB Foods (NYSE:TBBB – Get Free Report) last announced its quarterly earnings data on Monday, November 25th. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.07. On average, equities research analysts forecast that BBB Foods will post 0.15 earnings per share for the current year.
Institutional Investors Weigh In On BBB Foods
About BBB Foods
BBB Foods Inc, through its subsidiaries, operates a chain of grocery retail stores in Mexico. It offers household cleaning, personal hyenine, cosmetics and beauty, pharmacy, and general merchandise products, as well as jellies and desserts, foods and drinks, pet supplies, coffee, tea, chocolates, breads, dry and frozen foods, snacks and sweets, and toilet papers and napkins.
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