Wal-Mart de México (OTCMKTS:WMMVY) Upgraded by Barclays to Strong-Buy Rating

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,Zacks.com reports.

Wal-Mart de México Price Performance

WMMVY traded up $1.41 during trading on Monday, hitting $27.32. The stock had a trading volume of 245,951 shares, compared to its average volume of 86,934. The company has a 50 day moving average price of $27.35 and a 200-day moving average price of $30.08. The firm has a market cap of $47.66 billion, a price-to-earnings ratio of 15.61, a P/E/G ratio of 1.81 and a beta of 0.85. Wal-Mart de México has a one year low of $25.01 and a one year high of $43.90.

Wal-Mart de México (OTCMKTS:WMMVY) last posted its quarterly earnings results on Wednesday, October 23rd. The company reported $0.39 EPS for the quarter. Wal-Mart de México had a return on equity of 26.30% and a net margin of 5.73%. The company had revenue of $12.18 billion during the quarter. As a group, sell-side analysts predict that Wal-Mart de México will post 1.64 EPS 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 dividend of $0.2194 per share. This is an increase from Wal-Mart de México’s previous dividend of $0.22. The ex-dividend date of this dividend was Monday, December 9th. Wal-Mart de México’s dividend payout ratio is 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.