Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Issues Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) released its earnings results on Wednesday. The company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.02, Zacks reports. Wal-Mart de Mexico SAB de CV had a net margin of 4.94% and a return on equity of 22.98%.

Wal-Mart de Mexico SAB de CV Price Performance

Wal-Mart de Mexico SAB de CV stock opened at $27.90 on Thursday. Wal-Mart de Mexico SAB de CV has a 52 week low of $27.33 and a 52 week high of $35.47. The company’s 50 day moving average price is $29.71 and its two-hundred day moving average price is $31.58. The company has a quick ratio of 0.33, a current ratio of 0.97 and a debt-to-equity ratio of 0.36. The stock has a market cap of $48.27 billion, a P/E ratio of 17.88, a P/E/G ratio of 1.87 and a beta of 0.64.

Analysts Set New Price Targets

Separately, Santander lowered shares of Wal-Mart de Mexico SAB de CV to a “neutral” rating in a research note on Monday, April 20th. Three analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Wal-Mart de Mexico SAB de CV presently has a consensus rating of “Reduce”.

Wal-Mart de Mexico SAB de CV Company Profile

Wal-Mart de México SAB de CV (OTCMKTS: WMMVY) is a leading Mexican retail company that operates a broad array of retail formats focused on serving everyday consumer needs. Its core activities include operating supermarkets, discount stores, membership warehouse clubs and related retail formats that sell groceries, perishables, household goods, apparel, electronics and general merchandise. The company also provides associated services commonly found in large retail chains, such as in-store pharmacies, basic financial and payment services, and e-commerce fulfillment to meet growing online demand.

The company’s operations are centered in Mexico and extend into several countries in Central America, where it serves urban and suburban consumers through a mix of neighborhood discount outlets, larger full-service supermarkets and membership-based warehouse clubs.