BBB Foods Inc [TBBB] stock is trading at $30.10, up 1.04%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TBBB shares have gain 6.44% over the last week, with a monthly amount glided 0.33%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
BBB Foods Inc [NYSE: TBBB] stock has seen the most recent analyst activity on September 09, 2024, when Jefferies initiated its Hold rating and assigned the stock a price target of $33. Previously, HSBC Securities upgraded its rating to Hold on August 23, 2024, and kept the price target unchanged to $31. On April 09, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $27 on the stock. Scotiabank started tracking the stock assigning a Sector Outperform rating and suggested a price target of $33 on March 12, 2024. JP Morgan initiated its recommendation with a Overweight and recommended $30 as its price target on March 06, 2024. UBS started tracking with a Buy rating for this stock on March 05, 2024, and assigned it a price target of $26. In a note dated March 05, 2024, Morgan Stanley initiated an Equal-Weight rating and provided a target price of $22 on this stock.
BBB Foods Inc [TBBB] stock has fluctuated between $18.71 and $35.22 over the past year. Currently, Wall Street analysts expect the stock to reach $31 within the next 12 months. BBB Foods Inc [NYSE: TBBB] shares were valued at $30.10 at the most recent close of the market. An investor can expect a potential return of 2.99% based on the average TBBB price forecast.
Analyzing the TBBB fundamentals
BBB Foods Inc [NYSE:TBBB] reported sales of 3.02B for the trailing twelve months, which represents a growth of 63.81%. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.18 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.26.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 29.40 points at the first support level, and at 28.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.55, and for the 2nd resistance point, it is at 30.99.
Ratios To Look Out For
For context, BBB Foods Inc’s Current Ratio is 0.79. In addition, the Quick Ratio stands at 0.54 and the Cash Ratio stands at 0.13. Considering the valuation of this stock, the price to sales ratio is 1.12, the price to book ratio is 16.84.
