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

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) posted its quarterly earnings data on Wednesday. The company reported $0.37 earnings per share for the quarter, topping the consensus estimate 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 Trading Down 1.2%

WMMVY stock traded down $0.34 during midday trading on Wednesday, hitting $27.90. The company had a trading volume of 79,786 shares, compared to its average volume of 137,278. The company has a current ratio of 0.97, a quick ratio of 0.33 and a debt-to-equity ratio of 0.36. Wal-Mart de Mexico SAB de CV has a 52 week low of $27.33 and a 52 week high of $35.47. The stock’s 50 day moving average price is $29.80 and its 200 day moving average price is $31.60. The stock has a market cap of $48.27 billion, a price-to-earnings ratio of 17.88, a PEG 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 report on Monday, April 20th. Three research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

About Wal-Mart de Mexico SAB de CV

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.