Wal-mart de Mexico S A B de C V (OTCMKTS:WMMVY) Upgraded by Zacks Investment Research to Hold

Zacks Investment Research upgraded shares of Wal-mart de Mexico S A B de C V (OTCMKTS:WMMVY) from a sell rating to a hold rating in a research note released on Saturday morning, Zacks.com reports.

According to Zacks, “WAL-MART de Mexico-ADR operates 587 commercial units, including self-service stores, department, and restaurants. “

Shares of WMMVY stock traded up $0.44 during trading hours on Friday, reaching $28.78. The company had a trading volume of 25,899 shares, compared to its average volume of 36,479. The business has a fifty day moving average of $28.47. Wal-mart de Mexico S A B de C V has a one year low of $23.08 and a one year high of $31.13. The firm has a market capitalization of $49.49 billion, a price-to-earnings ratio of 26.16, a PEG ratio of 2.92 and a beta of 0.56. The company has a current ratio of 0.86, a quick ratio of 0.34 and a debt-to-equity ratio of 0.33.

Wal-mart de Mexico S A B de C V (OTCMKTS:WMMVY) last announced its quarterly earnings results on Thursday, July 18th. The company reported $0.26 EPS for the quarter, hitting analysts’ consensus estimates of $0.26. Wal-mart de Mexico S A B de C V had a net margin of 6.03% and a return on equity of 24.62%. The firm had revenue of $8.01 billion during the quarter, compared to analyst estimates of $8.12 billion. As a group, research analysts anticipate that Wal-mart de Mexico S A B de C V will post 1.16 earnings per share for the current fiscal year.

Wal-mart de Mexico S A B de C V Company Profile

Wal-Mart de México, SAB. de C.V. owns and operates self-service stores in Mexico and Central America. The company operates discount stores, hypermarkets, supermarkets, membership self-service wholesale stores, and pharmacies. It operates 1,910 Bodega Aurrerá discount stores, 274 Walmart hypermarkets, 91 Superama supermarkets, and 163 Sam's Club membership self-service wholesale stores.

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