Militia Capital Management LLC Makes New $1.73 Million Investment in BBB Foods Inc. $TBBB

Militia Capital Management LLC bought a new stake in BBB Foods Inc. (NYSE:TBBB) during the first quarter, HoldingsChannel.com reports. The firm bought 49,011 shares of the company’s stock, valued at approximately $1,734,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Osaic Holdings Inc. bought a new stake in shares of BBB Foods during the 2nd quarter worth $25,000. Farther Finance Advisors LLC grew its position in BBB Foods by 92.5% in the fourth quarter. Farther Finance Advisors LLC now owns 824 shares of the company’s stock valued at $28,000 after acquiring an additional 396 shares during the last quarter. Larson Financial Group LLC grew its position in BBB Foods by 547.9% in the third quarter. Larson Financial Group LLC now owns 1,056 shares of the company’s stock valued at $28,000 after acquiring an additional 893 shares during the last quarter. Smartleaf Asset Management LLC acquired a new position in BBB Foods during the fourth quarter worth about $39,000. Finally, Toth Financial Advisory Corp raised its stake in BBB Foods by 29.0% during the fourth quarter. Toth Financial Advisory Corp now owns 1,600 shares of the company’s stock worth $53,000 after acquiring an additional 360 shares in the last quarter. Institutional investors own 8.42% of the company’s stock.

BBB Foods Price Performance

BBB Foods stock opened at $40.59 on Thursday. The company has a current ratio of 0.60, a quick ratio of 0.35 and a debt-to-equity ratio of 2.76. The company has a market capitalization of $4.81 billion, a PE ratio of -26.19 and a beta of -0.02. BBB Foods Inc. has a 12 month low of $23.81 and a 12 month high of $43.81. The stock has a 50-day moving average price of $39.91 and a two-hundred day moving average price of $37.11.

BBB Foods (NYSE:TBBB) last announced its quarterly earnings results on Wednesday, May 6th. The company reported ($0.27) EPS for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.03). The firm had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.27 billion. BBB Foods had a negative net margin of 3.95% and a negative return on equity of 79.86%. Analysts expect that BBB Foods Inc. will post -0.61 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on TBBB. Wall Street Zen upgraded shares of BBB Foods from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Weiss Ratings reiterated a “sell (d+)” rating on shares of BBB Foods in a research report on Wednesday, June 24th. Zacks Research raised shares of BBB Foods from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Scotiabank raised their target price on shares of BBB Foods from $37.00 to $48.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Finally, JPMorgan Chase & Co. boosted their target price on shares of BBB Foods from $46.00 to $48.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Five analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $43.43.

BBB Foods Profile

BBB Foods Inc, through its subsidiaries, operates a chain of grocery retail stores in Mexico. It offers household cleaning, personal hyenine, cosmetics and beauty, pharmacy, and general merchandise products, as well as jellies and desserts, foods and drinks, pet supplies, coffee, tea, chocolates, breads, dry and frozen foods, snacks and sweets, and toilet papers and napkins. The company also provides branded, private label, and spot products. It serves low-to-middle income households through online channels.