BBB Foods Inc. (NYSE:TBBB) Receives $33.67 Consensus PT from Analysts

BBB Foods Inc. (NYSE:TBBB - Get Free Report) has received an average recommendation of "Moderate Buy" from the seven research firms that are currently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $33.67.

Several research firms have commented on TBBB. Itau BBA Securities upgraded shares of BBB Foods from a "market perform" rating to an "outperform" rating and set a $36.00 price objective on the stock in a report on Monday, April 21st. Scotiabank set a $37.00 target price on shares of BBB Foods and gave the stock an "outperform" rating in a research report on Friday, April 11th.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. FNY Investment Advisers LLC acquired a new stake in BBB Foods in the first quarter valued at $37,000. Toronto Dominion Bank acquired a new position in shares of BBB Foods in the fourth quarter worth approximately $141,000. Virtu Financial LLC bought a new stake in BBB Foods in the third quarter valued at approximately $230,000. White Oak Capital Partners Pte. Ltd. bought a new position in BBB Foods during the 4th quarter worth approximately $226,000. Finally, Blue Trust Inc. acquired a new position in shares of BBB Foods in the 1st quarter worth approximately $212,000. 8.42% of the stock is currently owned by institutional investors and hedge funds.

BBB Foods Stock Performance

TBBB traded down $0.53 during trading on Friday, reaching $30.48. The company had a trading volume of 237,732 shares, compared to its average volume of 810,952. 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 business's fifty day moving average price is $26.79 and its 200 day moving average price is $29.00. BBB Foods has a 12 month low of $21.39 and a 12 month high of $35.22.

BBB Foods (NYSE:TBBB - Get Free Report) last announced its quarterly earnings data on Wednesday, April 9th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.02 by ($1.03). The firm had revenue of $784.03 million during the quarter, compared to the consensus estimate of $16.87 billion. As a group, sell-side analysts anticipate that BBB Foods will post 0.15 EPS for the current year.

BBB Foods Company Profile

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.