Barclays upgraded shares of Wal-Mart de México (OTCMKTS:WMMVY - Free Report) from a hold rating to a strong-buy rating in a report issued on Monday morning,Zacks.com reports.
Wal-Mart de México Price Performance
WMMVY traded up $0.96 during trading on Monday, reaching $28.28. 94,485 shares of the stock were exchanged, compared to its average volume of 113,122. The company has a market capitalization of $49.34 billion, a price-to-earnings ratio of 16.16, a P/E/G ratio of 1.81 and a beta of 0.85. Wal-Mart de México has a 1 year low of $25.01 and a 1 year high of $43.90. The business's 50 day moving average price is $27.35 and its two-hundred day moving average price is $30.08.
Wal-Mart de México (OTCMKTS:WMMVY - Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The company reported $0.39 earnings per share (EPS) for the quarter. Wal-Mart de México had a net margin of 5.73% and a return on equity of 26.30%. The company had revenue of $12.18 billion for the quarter. On average, analysts anticipate that Wal-Mart de México will post 1.64 EPS for the current year.
Wal-Mart de México Increases Dividend
The company also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Monday, December 9th were paid a $0.2194 dividend. This is a boost from Wal-Mart de México's previous dividend of $0.22. The ex-dividend date of this dividend was Monday, December 9th. Wal-Mart de México's payout ratio is presently 27.43%.
Wal-Mart de México Company Profile
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Wal-Mart de México, SAB. de C.V. owns and operates self-service stores in Mexico and Central America. The company operates discount warehouses and stores, hypermarkets, supermarkets, and membership self-service wholesale stores. It operates Bodega Aurrerá discount stores, Walmart hypermarkets, Walmart Express supermarkets, and Sam's Club membership self-service wholesale stores.
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