Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY – Get Free Report) reached a new 52-week low on Friday . The company traded as low as $28.51 and last traded at $28.59, with a volume of 163510 shares changing hands. The stock had previously closed at $29.67.
Wall Street Analysts Forecast Growth
Separately, Jefferies Financial Group upgraded Wal-Mart de México from a “hold” rating to a “buy” rating in a research note on Monday, September 9th.
Get Our Latest Stock Analysis on Wal-Mart de México
Wal-Mart de México Stock Down 3.3 %
Wal-Mart de México (OTCMKTS:WMMVY – Get Free Report) last announced its earnings results on Wednesday, July 24th. The company reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.01). The firm had revenue of $13.21 billion for the quarter. Wal-Mart de México had a return on equity of 27.32% and a net margin of 5.91%. On average, sell-side analysts forecast that Wal-Mart de México, S.A.B. de C.V. will post 1.67 EPS for the current fiscal year.
About Wal-Mart de México
Wal-Mart de México, SAB. de C.V. owns and operates self-service stores in Mexico and Central America. The company operates discount warehouses and stores, hypermarkets, supermarkets, and membership self-service wholesale stores. It operates Bodega Aurrerá discount stores, Walmart hypermarkets, Walmart Express supermarkets, and Sam’s Club membership self-service wholesale stores.
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