BBB Foods Inc (NYSE: TBBB) is -4.63% 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 $26.67 in the last trading session, with the day’s gains setting it 0.3%.
Currently trading at $26.97, the stock is 6.19% and -2.11% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.85 million and changing 1.12% at the moment leaves the stock -5.80% off its SMA200. TBBB registered 13.27% gain for a year compared to 6-month loss of -13.86%. The firm has a 50-day simple moving average (SMA 50) of $27.5514 and a 200-day simple moving average (SMA200) of $28.63035.
The stock witnessed a -1.86% gain in the last 1 month and extending the period to 3 months gives it a -9.19%, and is 5.15% 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 4.13% over the month.
Fwd P/E is 74.87. Profit margin for the company is 0.45%. Distance from 52-week low is 39.67% and -23.42% from its 52-week high. The company has generated returns on investments over the last 12 months (2.51%).
The EPS is expected to grow by 105.88% this year
121.0 institutions hold shares in BBB Foods Inc (TBBB), with institutional investors hold 77.05% of the company’s shares. The shares outstanding are 112.20M, and float is at 38.71M with Short Float at 3.86%. Institutions hold 77.05% of the Float.
The top institutional shareholder in the company is CAPITAL INTERNATIONAL INVESTORS with over 5.06 million shares valued at $120.85 million. The investor’s holdings represent 4.514 of the TBBB Shares outstanding. As of 2024-06-30, the second largest holder is GILDER GAGNON HOWE & CO LLC with 2.66 million shares valued at $63.5 million to account for 2.372 of the shares outstanding. The other top investors are FMR LLC which holds 2.13 million shares representing 1.8954 and valued at over $50.74 million, while WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC holds 1.762 of the shares totaling 1.98 million with a market value of $47.17 million.
