BBB Foods Inc. (NYSE:TBBB) Receives Consensus Recommendation of "Hold" from Analysts

BBB Foods Inc. (NYSE:TBBB - Get Free Report) has been given an average recommendation of "Hold" by the nine ratings firms that are currently covering the stock, Marketbeat reports. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $30.75.

Separately, Itau BBA Securities initiated coverage on shares of BBB Foods in a report on Wednesday, January 22nd. They issued a "market perform" rating and a $32.00 target price for the company.

Institutional Investors Weigh In On BBB Foods

A number of large investors have recently bought and sold shares of the company. Toronto Dominion Bank purchased a new stake in shares of BBB Foods in the fourth quarter worth about $141,000. Verdence Capital Advisors LLC purchased a new stake in BBB Foods in the 3rd quarter worth approximately $224,000. White Oak Capital Partners Pte. Ltd. acquired a new stake in shares of BBB Foods during the 4th quarter worth approximately $226,000. Virtu Financial LLC acquired a new position in shares of BBB Foods in the 3rd quarter valued at $230,000. Finally, J.Safra Asset Management Corp raised its position in shares of BBB Foods by 204.7% in the fourth quarter. J.Safra Asset Management Corp now owns 10,264 shares of the company's stock worth $293,000 after acquiring an additional 6,895 shares during the period. Hedge funds and other institutional investors own 8.42% of the company's stock.

BBB Foods Price Performance

Shares of NYSE TBBB traded up $0.32 during trading hours on Friday, reaching $28.47. The stock had a trading volume of 1,007,521 shares, compared to its average volume of 1,229,079. BBB Foods has a 52-week low of $19.31 and a 52-week high of $35.22. The company has a quick ratio of 0.54, a current ratio of 0.79 and a debt-to-equity ratio of 1.72. The business's fifty day moving average price is $29.47 and its two-hundred day moving average price is $30.26.

BBB Foods (NYSE:TBBB - Get Free Report) last issued its quarterly earnings data on Monday, November 25th. The company reported $0.10 EPS for the quarter, topping analysts' consensus estimates of $0.03 by $0.07. On average, equities research analysts expect that BBB Foods will post 0.15 earnings per share for the current fiscal year.

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.