Wal-Mart de Mexico SAB de CV (WMMVY) Expected to Announce Quarterly Earnings on Thursday

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) is expected to be announcing its results before the market opens on Thursday, February 12th. Analysts expect the company to announce earnings of $0.52 per share and revenue of $15.4829 billion for the quarter.

Wal-Mart de Mexico SAB de CV Stock Down 1.4%

Shares of OTCMKTS WMMVY opened at $33.37 on Wednesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.95 and a quick ratio of 0.34. The firm has a fifty day moving average of $32.41 and a 200-day moving average of $31.82. Wal-Mart de Mexico SAB de CV has a 52-week low of $25.41 and a 52-week high of $35.78.

Analysts Set New Price Targets

WMMVY has been the subject of a number of research reports. Morgan Stanley downgraded Wal-Mart de Mexico SAB de CV to an “underweight” rating in a research report on Wednesday, January 28th. Barclays cut Wal-Mart de Mexico SAB de CV from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 2nd. Two 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”.

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.