BBB Foods Inc (NYSE: TBBB) is -9.30% lower on its value in year-to-date trading and has touched a low of $19.31 and a high of $35.22 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TBBB stock was last observed hovering at around $24.20 in the last trading session, with the day’s gains setting it 1.45%.
Currently trading at $25.65, the stock is 0.18% and -8.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.97 million and changing 5.99% at the moment leaves the stock -10.20% off its SMA200. TBBB registered 17.02% gain for a year compared to 6-month loss of -15.93%. The firm has a 50-day simple moving average (SMA 50) of $27.9222 and a 200-day simple moving average (SMA200) of $28.56505.
The stock witnessed a -9.78% gain in the last 1 month and extending the period to 3 months gives it a -14.95%, and is 4.61% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.58% over the week and 4.06% over the month.
Fwd P/E is 71.21. Profit margin for the company is 0.45%. Distance from 52-week low is 32.83% and -27.17% from its 52-week high. The company has generated returns on investments over the last 12 months (2.51%).
with sales reaching $16.87B over the same period.The EPS is expected to grow by 105.84% this year, but quarterly earnings will post 30.53% year-over-year. Quarterly sales are estimated to grow 36.96% in year-over-year returns.
120.0 institutions hold shares in BBB Foods Inc (TBBB), with institutional investors hold 76.75% of the company’s shares. The shares outstanding are 112.20M, and float is at 38.71M with Short Float at 3.79%. Institutions hold 76.75% of the Float.
The top institutional shareholder in the company is AXIOM INVESTORS LLC /DE with over 1.37 million shares valued at $32.62 million. The investor’s holdings represent 1.2184 of the TBBB Shares outstanding. As of 2024-06-30, the second largest holder is TT INTERNATIONAL ASSET MANAGEMENT LTD with 1.16 million shares valued at $27.57 million to account for 1.03 of the shares outstanding. The other top investors are DRIEHAUS CAPITAL MANAGEMENT LLC which holds 1.11 million shares representing 0.9922 and valued at over $26.56 million, while ENGLE CAPITAL MANAGEMENT, L.P. holds 0.6417 of the shares totaling 0.72 million with a market value of $17.18 million.
