BBB Foods Inc. (NYSE:TBBB) Receives Consensus Rating of "Hold" from Brokerages

Key Points

• Consensus "Hold": Eight analysts cover BBB Foods with a consensus rating of Hold (2 sell, 2 hold, 4 buy) and an average 1‑year price target of $39.50.
• Recent results missed expectations—EPS ($0.49) vs. ($0.27) estimate and revenue $1.22B vs. $1.24B—while the company shows a negative net margin (-3.72%) and ROE (-70.8%), high leverage (debt/equity 2.61) and weak liquidity (current ratio 0.62, quick ratio 0.35).
• Shares traded at $33.87 (down 0.2%) with a market cap of $3.87B and a 12‑month range of $23.81–$40.09; institutional ownership is modest at 8.42%, although several hedge funds added positions in the fourth quarter.

BBB Foods Inc. (NYSE:TBBB - Get Free Report) has received a consensus rating of "Hold" from the eight analysts that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $39.50.

TBBB has been the topic of several research analyst reports. The Goldman Sachs Group lifted their price objective on BBB Foods from $30.00 to $34.00 and gave the company a "neutral" rating in a research note on Thursday, December 18th. Wells Fargo & Company set a $42.00 target price on BBB Foods in a research report on Friday, March 13th. Zacks Research downgraded shares of BBB Foods from a "hold" rating to a "strong sell" rating in a research note on Monday. Itau BBA Securities upgraded shares of BBB Foods from a "market perform" rating to an "outperform" rating and set a $42.00 target price for the company in a research note on Friday, March 13th. Finally, Weiss Ratings reaffirmed a "sell (d+)" rating on shares of BBB Foods in a report on Monday, December 29th.

BBB Foods Trading Down 0.2%

TBBB stock traded down $0.07 on Friday, hitting $33.87. 77,734 shares of the company were exchanged, compared to its average volume of 673,287. The stock has a market capitalization of $3.87 billion, a price-to-earnings ratio of -25.66 and a beta of -0.16. The business's fifty day moving average is $35.30 and its two-hundred day moving average is $31.65. BBB Foods has a twelve month low of $23.81 and a twelve month high of $40.09. The company has a debt-to-equity ratio of 2.61, a current ratio of 0.62 and a quick ratio of 0.35.

BBB Foods (NYSE:TBBB - Get Free Report) last announced its quarterly earnings data on Wednesday, March 11th. The company reported ($0.49) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.27) by ($0.22). The company had revenue of $1.22 billion for the quarter, compared to analysts' expectations of $1.24 billion. BBB Foods had a negative net margin of 3.72% and a negative return on equity of 70.80%. As a group, research analysts forecast that BBB Foods will post 0.15 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in TBBB. Hsbc Holdings PLC bought a new stake in shares of BBB Foods in the 4th quarter worth $565,000. Caitong International Asset Management Co. Ltd purchased a new position in BBB Foods during the 4th quarter worth approximately $89,000. Virtu Financial LLC acquired a new position in BBB Foods during the fourth quarter valued at $399,000. XTX Topco Ltd acquired a new position in shares of BBB Foods in the 4th quarter valued at about $463,000. Finally, Tudor Investment Corp ET AL purchased a new stake in BBB Foods in the 4th quarter worth approximately $2,952,000. Institutional investors and hedge funds own 8.42% of the company's stock.

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. The company also provides branded, private label, and spot products. It serves low-to-middle income households through online channels.

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