BBB FoodsTBBB
Market Cap: $3.65B
About: BBB Foods Inc is a company offering grocery hard discount model in Mexico. Also that operates through three subsidiaries namely Tiendas Tres B , Tiendas BBB and Desarrolladora Tres BSA de CV of which the main activity of Tiendas Tres B is the sale, purchase, distribution and marketing of all types of products, items and goods, as well as the establishment, and operation of individual stores and distribution centers for the sale of such products.
Employees: 21,924
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
82% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 17
69% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 16
15% more funds holding
Funds holding: 71 [Q1] → 82 (+11) [Q2]
13% more capital invested
Capital invested by funds: $776M [Q1] → $874M (+$97.8M) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]
2.45% less ownership
Funds ownership: 97.11% [Q1] → 94.66% (-2.45%) [Q2]
64% less call options, than puts
Call options by funds: $160K | Put options by funds: $448K
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Jefferies Alex Wright 0 / 0 met price target | 1%upside $33 | Hold Initiated | 9 Sept 2024 |
HSBC Daniela Bretthauer 0 / 0 met price target | 5%downside $31 | Hold Upgraded | 23 Aug 2024 |
JP Morgan Joseph Giordano 100% 1-year accuracy 2 / 2 met price target | 4%upside $34 | Overweight Maintained | 7 Aug 2024 |
Financial journalist opinion
Based on 3 articles about TBBB published over the past 30 days