Currently, there are 112.20M common shares owned by the public and among those 38.71M shares have been available to trade.
The company’s stock has a 5-day price change of 2.70% and -5.99% over the past three months. It has a 12-month low price of $18.71 and touched a high of $35.22 over the same period. TBBB has an average intraday trading volume of 725.39K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.96%, -5.43%, and 9.03% respectively.
Institutional ownership of BBB Foods Inc (NYSE: TBBB) shares accounts for 36.82% of the company’s 112.20M shares outstanding.
It has a market capitalization of $3.33B. The earnings-per-share (ttm) stands at -$0.03. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.53% over the week and 4.44% over the month.
Analysts forecast that BBB Foods Inc (TBBB) will achieve an EPS of 0.91 for the current quarter, 1.26 for the next quarter and 7.48 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.47 while analysts give the company a high EPS estimate of 0.47. Earnings per share for the fiscal year are expected to increase by 105.85%, and 67.55% over the next financial year.
Looking at the support for the TBBB, a number of firms have released research notes about the stock. Jefferies stated their Hold rating for the stock in a research note on September 09, 2024, with the firm’s price target at $33. HSBC Securities coverage for the BBB Foods Inc (TBBB) stock in a research note released on August 23, 2024 offered a Hold rating with a price target of $31. UBS was of a view on April 09, 2024 that the stock is Neutral, while Scotiabank gave the stock Sector Outperform rating on March 12, 2024, issuing a price target of $33. JP Morgan on their part issued Overweight rating on March 06, 2024.
