BBB Foods Inc. (TBBB) - What Are Analysts Saying About This Stock?

Key Points

• Analysts remain broadly bullish: BBB Foods has a “Moderate Buy” consensus from 10 analysts, with seven buys and three holds. The average 12-month price target is $50.50, below the stock’s reported $57.25 price.
• The stock has risen sharply: Shares reached $57.25, near their 52-week high of $57.30, and are above both their 50-day ($49.82) and 200-day ($42.63) moving averages.
• Growth is paired with ongoing losses: Quarterly revenue of $1.49 billion exceeded expectations, but EPS of negative $0.19 missed estimates. Analysts expect a full-year loss of $0.62 per share, while institutional investors own 8.42% of the company.

Shares of BBB Foods Inc. (NYSE:TBBB - Get Free Report) have earned a consensus rating of "Moderate Buy" from the ten research firms that are currently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $50.50.

TBBB has been the topic of several research reports. JPMorgan Chase & Co. boosted their price target on shares of BBB Foods from $48.00 to $67.00 and gave the company an "overweight" rating in a research report on Thursday, September 10th. UBS Group raised their price objective on shares of BBB Foods from $51.00 to $58.00 and gave the stock a "buy" rating in a report on Friday, August 28th. Citigroup reiterated a "buy" rating on shares of BBB Foods in a research note on Monday, September 14th. Zacks Research raised shares of BBB Foods from a "strong sell" rating to a "hold" rating in a report on Monday, July 13th. Finally, Weiss Ratings raised shares of BBB Foods from a "sell (d+)" rating to a "hold (c)" rating in a report on Thursday.

Insider Buying and Selling at BBB Foods

In related news, Director Sapire Rose Nicole Domin Reich sold 7,623 shares of the business's stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $51.00, for a total transaction of $388,773.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. GAMMA Investing LLC purchased a new stake in shares of BBB Foods in the third quarter worth about $43,000. Farther Finance Advisors LLC purchased a new position in BBB Foods during the third quarter valued at approximately $27,000. Toth Financial Advisory Corp bought a new stake in BBB Foods during the 3rd quarter worth approximately $142,000. Eleva Capital SAS bought a new stake in BBB Foods during the 3rd quarter worth approximately $8,746,000. Finally, Envestnet Asset Management Inc. lifted its stake in BBB Foods by 28.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 38,171 shares of the company's stock worth $1,591,000 after purchasing an additional 8,506 shares in the last quarter. Institutional investors own 8.42% of the company's stock.

BBB Foods Stock Performance

Shares of TBBB stock traded up $0.95 on Tuesday, hitting $57.25. 242,027 shares of the stock were exchanged, compared to its average volume of 661,001. The firm's 50 day moving average is $49.82 and its two-hundred day moving average is $42.63. BBB Foods has a one year low of $25.05 and a one year high of $57.30. The firm has a market capitalization of $6.79 billion, a PE ratio of -35.50 and a beta of 0.02. The company has a current ratio of 0.68, a quick ratio of 0.44 and a debt-to-equity ratio of 2.16.

BBB Foods (NYSE:TBBB - Get Free Report) last announced its quarterly earnings data on Wednesday, August 12th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.16) by ($0.03). The firm had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.42 billion. BBB Foods had a negative net margin of 3.68% and a negative return on equity of 72.47%. Sell-side analysts expect that BBB Foods will post -0.62 earnings per share for the current fiscal year.

BBB Foods Company Profile

BBB Foods Inc operates Tiendas 3B, a hard-discount grocery retail chain in Mexico. The company serves value-conscious consumers through small-format neighborhood stores focused on convenient locations, a streamlined shopping experience and everyday low prices.

Tiendas 3B stores offer a selection of essential grocery and household products, including packaged foods, beverages, personal-care items, cleaning supplies and other daily necessities. The assortment combines private-label merchandise with branded products, and certain locations also carry fresh or perishable goods.

BBB Foods was established to develop the hard-discount retail model in Mexico and has expanded its store network across the country, primarily in urban and suburban communities.

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