BBB Foods Inc (TBBB) Stock: Evaluating the Market Performance

Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 4 as “hold,” and 1 as “sell.”

The public float for TBBB is 38.71M and currently, short sellers hold a 9.88% of that float. On October 25, 2024, TBBB’s average trading volume was 618.32K shares.

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TBBB) stock’s latest price update

BBB Foods Inc (NYSE: TBBB) has experienced a rise in its stock price by 2.66 compared to its previous closing price of 32.36. However, the company has seen a gain of 0.30% in its stock price over the last five trading days. seekingalpha.com reported 2024-10-24 that The company just recently IPOed giving it fresh cash to continue its aggressive expansion. Management knows how to improve the bottom line with its improving profit margins. The company has low levels of debt making it well positioned for more growth and potential downside.

TBBB’s Market Performance

BBB Foods Inc (TBBB) has experienced a 0.30% rise in stock performance for the past week, with a 5.29% rise in the past month, and a 23.49% rise in the past quarter. The volatility ratio for the week is 3.14%, and the volatility levels for the past 30 days are at 3.41% for TBBB.. The simple moving average for the past 20 days is 4.68% for TBBB’s stock, with a 30.05% simple moving average for the past 200 days.

Analysts’ Opinion of TBBB

Many brokerage firms have already submitted their reports for TBBB stocks, with Jefferies repeating the rating for TBBB by listing it as a “Hold.” The predicted price for TBBB in the upcoming period, according to Jefferies is $33 based on the research report published on September 09, 2024 of the current year 2024.

HSBC Securities, on the other hand, stated in their research note that they expect to see TBBB reach a price target of $31. The rating they have provided for TBBB stocks is “Hold” according to the report published on August 23rd, 2024.

UBS gave a rating of “Neutral” to TBBB, setting the target price at $27 in the report published on April 09th of the current year.

TBBB Trading at 7.47% from the 50-Day Moving Average

After a stumble in the market that brought TBBB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.75% of loss for the given period.

Volatility was left at 3.41%, however, over the last 30 days, the volatility rate increased by 3.14%, as shares surge +11.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.64% upper at present.

During the last 5 trading sessions, TBBB rose by +0.30%, in comparison to the 20-day moving average, which settled at $31.74. In addition, BBB Foods Inc saw 74.38% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for TBBB

Current profitability levels for the company are sitting at:

  • 0.02 for the present operating margin
  • 0.16 for the gross margin

The net margin for BBB Foods Inc stands at -0.01. The total capital return value is set at 0.11.

Based on BBB Foods Inc (TBBB), the company’s capital structure generated 0.7 points at debt to capital in total, while cash flow to debt ratio is standing at 0.42. The debt to equity ratio resting at 2.29. The interest coverage ratio of the stock is 0.83.

Currently, EBITDA for the company is 1.91 billion with net debt to EBITDA at 2.87. When we switch over and look at the enterprise to sales, we see a ratio of 1.61. The receivables turnover for the company is 52.09for trailing twelve months and the total asset turnover is 2.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.79.

Conclusion

To wrap up, the performance of BBB Foods Inc (TBBB) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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