Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Sees Significant Decrease in Short Interest

Key Points

• Short interest dropped 29% to 32,549 shares as of April 15, leaving a short-interest ratio of just 0.1 days and effectively 0.0% of the stock shorted.
• Wal‑Mart de México missed on quarterly EPS ($0.46 vs. $0.51 expected) but topped revenue estimates ($16.44B vs. $15.48B); the company reported a 22.01% ROE and analysts forecast about $1.78 EPS for the year.
• Analyst sentiment has weakened, with downgrades from Morgan Stanley and Santander and a MarketBeat consensus rating of "Reduce" (three Holds and one Sell).

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY - Get Free Report) saw a significant drop in short interest in April. As of April 15th, there was short interest totaling 32,549 shares, a drop of 29.0% from the March 31st total of 45,837 shares. Based on an average daily trading volume, of 251,979 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company's stock are short sold.

Wal-Mart de Mexico SAB de CV Trading Down 1.2%

Wal-Mart de Mexico SAB de CV stock opened at $30.81 on Tuesday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.33 and a current ratio of 0.97. The business's 50-day simple moving average is $32.48 and its 200-day simple moving average is $32.72. The firm has a market capitalization of $53.30 billion, a PE ratio of 20.54, a PEG ratio of 2.04 and a beta of 0.75. Wal-Mart de Mexico SAB de CV has a 52 week low of $27.26 and a 52 week high of $35.78.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY - Get Free Report) last posted its quarterly earnings data on Wednesday, February 18th. The company reported $0.46 EPS for the quarter, missing analysts' consensus estimates of $0.51 by ($0.05). The business had revenue of $16.44 billion during the quarter, compared to the consensus estimate of $15.48 billion. Wal-Mart de Mexico SAB de CV had a return on equity of 22.01% and a net margin of 4.93%. Equities research analysts forecast that Wal-Mart de Mexico SAB de CV will post 1.78 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on WMMVY shares. Morgan Stanley lowered Wal-Mart de Mexico SAB de CV to an "underweight" rating in a report on Wednesday, January 28th. Santander lowered shares of Wal-Mart de Mexico SAB de CV to a "neutral" rating in a research report on Monday, April 20th. Three research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Reduce".

About Wal-Mart de Mexico SAB de CV

Wal-Mart de México SAB de CV OTCMKTS: WMMVY is a leading Mexican retail company that operates a broad array of retail formats focused on serving everyday consumer needs. Its core activities include operating supermarkets, discount stores, membership warehouse clubs and related retail formats that sell groceries, perishables, household goods, apparel, electronics and general merchandise. The company also provides associated services commonly found in large retail chains, such as in-store pharmacies, basic financial and payment services, and e-commerce fulfillment to meet growing online demand.

The company's operations are centered in Mexico and extend into several countries in Central America, where it serves urban and suburban consumers through a mix of neighborhood discount outlets, larger full-service supermarkets and membership-based warehouse clubs.

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