Free Trial

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Sees Strong Trading Volume - Should You Buy?

Wal-Mart de Mexico SAB de CV logo with Retail/Wholesale background
Image from MarketBeat Media, LLC.

Key Points

  • Shares experienced heavy trading Friday — 270,918 shares exchanged, a 92% increase from the prior session, with the stock trading around $31.55.
  • Brokerages have grown cautious, with Barclays downgrading to "hold" and Morgan Stanley to "underweight," leaving an average MarketBeat rating of "Reduce" (two Holds, one Sell).
  • The latest quarter delivered an EPS miss ($0.46 vs. $0.51 est.) but revenue beat ($16.44B vs. $15.48B); the company has a $54.15B market cap, P/E ~20.9, and analysts expect FY EPS of 1.68.
  • Interested in Wal-Mart de Mexico SAB de CV? Here are five stocks we like better.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY - Get Free Report) shares saw strong trading volume on Friday . 270,918 shares were traded during trading, an increase of 92% from the previous session's volume of 141,449 shares.The stock last traded at $31.5450 and had previously closed at $31.55.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on WMMVY. Barclays downgraded shares of Wal-Mart de Mexico SAB de CV from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, December 2nd. Morgan Stanley downgraded Wal-Mart de Mexico SAB de CV to an "underweight" rating in a report on Wednesday, January 28th. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Wal-Mart de Mexico SAB de CV has an average rating of "Reduce".

Check Out Our Latest Report on WMMVY

Wal-Mart de Mexico SAB de CV Price Performance

The stock has a market capitalization of $54.15 billion, a P/E ratio of 20.87, a PEG ratio of 4.95 and a beta of 0.79. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.34 and a current ratio of 0.97. The business has a fifty day simple moving average of $32.82 and a 200-day simple moving average of $32.32.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY - Get Free Report) last released its quarterly earnings data on Wednesday, February 18th. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.51 by ($0.05). The company 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 net margin of 4.93% and a return on equity of 22.01%. Sell-side analysts expect that Wal-Mart de Mexico SAB de CV will post 1.68 earnings per share for the current fiscal year.

About Wal-Mart de Mexico SAB de CV

(Get Free Report)

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Wal-Mart de Mexico SAB de CV Right Now?

Before you consider Wal-Mart de Mexico SAB de CV, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Wal-Mart de Mexico SAB de CV wasn't on the list.

While Wal-Mart de Mexico SAB de CV currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines