Wal-Mart de México (OTCMKTS:WMMVY) Upgraded at Barclays

Barclays upgraded shares of Wal-Mart de México (OTCMKTS:WMMVY) from a hold rating to a strong-buy rating in a research report sent to investors on Monday morning,Zacks.com reports.

Wal-Mart de México Price Performance

Shares of OTCMKTS WMMVY opened at $28.28 on Monday. The stock has a market cap of $49.34 billion, a P/E ratio of 16.16, a price-to-earnings-growth ratio of 1.81 and a beta of 0.85. Wal-Mart de México has a 1 year low of $25.01 and a 1 year high of $43.90. The firm has a 50-day moving average of $27.35 and a 200 day moving average of $30.08.

Wal-Mart de México (OTCMKTS:WMMVY) last released its earnings results on Wednesday, October 23rd. The company reported $0.39 earnings per share (EPS) for the quarter. The firm had revenue of $12.18 billion during the quarter. Wal-Mart de México had a net margin of 5.73% and a return on equity of 26.30%. Research analysts expect that Wal-Mart de México will post 1.64 earnings per share for the current fiscal year.

Wal-Mart de México Increases Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Monday, December 9th were paid a $0.2194 dividend. This is a boost from Wal-Mart de México’s previous dividend of $0.22. The ex-dividend date was Monday, December 9th. Wal-Mart de México’s payout ratio is presently 27.43%.

Wal-Mart de México 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 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.