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25 items- PRBachoco Informs About Intent to Initiate Delisting Process in MexicoIndustrias Bachoco, S.A.B. de C.V. ("Bachoco") (NYSE:IBA, BMV:BACHOCO). A national leader in the production and marketing of poultry products and other food products, informs that its Board of Directors, with the abstention in the deliberation and voting, and without the presence of, directors who are members of the Robinson Bours Family, has resolved, considering, mainly, that, to date, approximately 2.5% of the shares representing its outstanding capital stock are held by the investing public, and, therefore: (i) the costs of maintaining such shares registered in the National Securities Registry (Registro Nacional de Valores) maintained by the National Banking and Securities Commission (C
- NEWSBachoco Informs About Delisting In The United StatesIndustrias Bachoco, S.A.B. de C.V. ("Bachoco") (NYSE:IBA, BMV:BACHOCO). A national leader in the production and marketing of poultry products and other food products, informs, following previous announcements, that it has delisted its American Depositary Receipts ("ADRs"), from the New York Stock Exchange ("NYSE"), and is in the process of terminating its ADR program, and deregistering and terminating its obligations to prepare and file reports under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Bachoco filed a Form 15F, before the U.S. Securities and Exchange Commission ("SEC") on April 24, 2023, with the effect of immediately suspending its Exchange Act reporting o
- SECSEC Form 6-K filed by Industrias Bachoco S.A.B. de C.V.6-K - Industrias Bachoco S.A.B. de C.V. (0001044896) (Filer)
- PRBachoco Informs About Delisting in the United StatesIndustrias Bachoco, S.A.B. de C.V. ("Bachoco") (NYSE:IBA, BMV:BACHOCO). A national leader in the production and marketing of poultry products and other food products, informs, following previous announcements, that it has delisted its American Depositary Receipts ("ADRs"), from the New York Stock Exchange ("NYSE"), and is in the process of terminating its ADR program, and deregistering and terminating its obligations to prepare and file reports under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Bachoco filed a Form 15F, before the U.S. Securities and Exchange Commission ("SEC") on April 24, 2023, with the effect of immediately suspending its Exchange Act reporting
- SECSEC Form 15F-15D filed by Industrias Bachoco S.A.B. de C.V.15F-15D - Industrias Bachoco S.A.B. de C.V. (0001044896) (Filer)
- SECSEC Form 25 filed by Industrias Bachoco S.A.B. de C.V.25 - Industrias Bachoco S.A.B. de C.V. (0001044896) (Filer)
- NEWS5 Value Stocks In The Consumer Defensive SectorUnderstanding Value Stocks A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. The following stocks are considered to be notable value stocks in the consumer defensive sector: Herbalife Nutrition (NYSE:HLF) - P/E: 4.89 Adecoagro (NYSE:AGRO) - P/E: 8.07 United Natural Foods (NYSE:UNFI) - P/E: 8.45 Tyson Foods (NYSE:TSN) - P/E: 8.91 Industrias Bachoco SAB (NYSE:IBA) - P/E: 9.02 Herbalife Nutrition has reported Q4 earnings per share at $0.53, which has decreased by 41.76% compared to Q3
- NEWSOverview Of Value Stocks In The Consumer Defensive SectorWhat is a Value Stock? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Below is a list of notable value stocks in the consumer defensive sector: Bunge (NYSE:BG) - P/E: 9.07 Natural Alternatives Intl (NASDAQ:NAII) - P/E: 6.27 Industrias Bachoco SAB (NYSE:IBA) - P/E: 9.18 Ingles Markets (NASDAQ:IMKTA) - P/E: 6.01 Tarena International (NASDAQ:TEDU) -
- 13D/GSEC Form SC 13D/A filed by Industrias Bachoco S.A.B. de C.V. (Amendment)SC 13D/A - Industrias Bachoco S.A.B. de C.V. (0001044896) (Subject)
- NEWSTop 5 Risk Off Stocks That May Crash In MarchThe most overbought stocks in the consumer staples sector presents an opportunity to go short on these overvalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70. Here’s the latest list of major overbought players in this sector. Mondelez International, Inc. (NASDAQ:MDLZ) Mondelez reported better-than-expected quarterly earnings. The company’s stock has a 52-week high of $70.06 . RSI Value: 71.55
- NEWSReported Late Tuesday March 28, Bachoco Informs About NYSE Delisting ApplicationIndustrias Bachoco, S.A.B. de C.V. ("Bachoco") (NYSE:IBA, BMV:BACHOCO). A national leader in the production and marketing of poultry products and other food products, today announced that its Board of Directors, considering, among other things: the results of the tender offer concluded on November 2022, by Edificio del Noroeste, S.A. de C.V., a vehicle controlled by the Robinson Bours Family, which together with its affiliates and related parties in the aggregate, at this date hold more than 97% of the outstanding shares issued by Bachoco; the low trading volume in the United States of America; the relatively low participation in the American Depositary Receipts ("ADRs") program and the bene
- SECSEC Form 6-K filed by Industrias Bachoco S.A.B. de C.V.6-K - Industrias Bachoco S.A.B. de C.V. (0001044896) (Filer)
- PRBachoco Informs About NYSE Delisting ApplicationIndustrias Bachoco, S.A.B. de C.V. ("Bachoco") (NYSE:IBA, BMV:BACHOCO). A national leader in the production and marketing of poultry products and other food products, today announced that its Board of Directors, considering, among other things: the results of the tender offer concluded on November 2022, by Edificio del Noroeste, S.A. de C.V., a vehicle controlled by the Robinson Bours Family, which together with its affiliates and related parties in the aggregate, at this date hold more than 97% of the outstanding shares issued by Bachoco; the low trading volume in the United States of America; the relatively low participation in the American Depositary Receipts ("ADRs") program and the ben
- 13D/GSEC Form SC 13D filed by Industrias Bachoco S.A.B. de C.V.SC 13D - Industrias Bachoco S.A.B. de C.V. (0001044896) (Subject)
- SECSEC Form 6-K filed by Industrias Bachoco S.A.B. de C.V.6-K - Industrias Bachoco S.A.B. de C.V. (0001044896) (Filer)
- PRBachoco Announces Purchase of Block of SharesIndustrias Bachoco S.A.B. de C.V. ("Bachoco") (NYSE:IBA, BMV:BACHOCO). A leader in the production and commercialization of poultry products and other food products in Mexico, announces that it has been informed by Edificio del Noroeste, S.A. de C.V., a vehicle in which current shareholders of the Robinson Bours Family participate, that said vehicle acquired today, on the Bolsa Mexicana de Valores, S.A.B. de C.V., S.A.B. de C.V., through transactions individually executed with Grupo Bursátil Mexicano, S.A. de C.V., Casa de Bolsa, in its capacity as intermediary, shares that, in the aggregate, represent 1.2% of Bachoco's capital stock. COMPANY DESCRIPTION. Industrias Bachoco is a leader in t
- PRBachoco Announces Purchase of Block of SharesIndustrias Bachoco S.A.B. de C.V. ("Bachoco") (NYSE:IBA, BMV:BACHOCO). A leader in the production and commercialization of poultry products and other food products in Mexico, announces that it has been informed by Edificio del Noroeste, S.A. de C.V., a vehicle in which current shareholders of the Robinson Bours Family participate, that said vehicle acquired today, on the Bolsa Mexicana de Valores, S.A.B. de C.V., S.A.B. de C.V., through transactions individually executed with Grupo Bursátil Mexicano, S.A. de C.V., Casa de Bolsa, in its capacity as intermediary, shares that, in the aggregate, represent 8.0% of Bachoco's capital stock. COMPANY DESCRIPTION. Industrias Bachoco is a leader in t
- SECSEC Form 6-K filed by Industrias Bachoco S.A.B. de C.V.6-K - Industrias Bachoco S.A.B. de C.V. (0001044896) (Filer)
- NEWSBenzinga's Top Ratings Upgrades, Downgrades For February 22, 2023Upgrades Maxim Group upgraded the previous rating for TOP Ships Inc (NASDAQ:TOPS) from Hold to Buy. NoneThe stock has a 52-week-high of $32.80 and a 52-week-low of $0.75. At the end of the last trading period, TOP Ships closed at $0.78. According to Needham, the prior rating for BioCryst Pharmaceuticals Inc (NASDAQ:BCRX) was changed from Hold to Buy. BioCryst Pharmaceuticals earned $0.38 in the fourth quarter, compared to $0.40 in the year-ago quarter. The stock has a 52-week-high of $19.30 and a 52-week-low of $7.61. At the end of the last trading period, BioCryst Pharmaceuticals closed at $8.64. For Masimo Corp (NASDAQ:MASI), Raymond James upgraded the previous rating of Market Perfo
- ANALYSTIndustrias Bachoco SA downgraded by JP Morgan with a new price targetJP Morgan downgraded Industrias Bachoco SA from Overweight to Neutral and set a new price target of $56.00
- NEWSJP Morgan Downgrades Industrias Bachoco SAB to Neutral, Announces $56 Price TargetJP Morgan analyst Ulises Argote downgrades Industrias Bachoco SAB (NYSE:IBA) from Overweight to Neutral and announces $56 price target.
- SECSEC Form 6-K filed by Industrias Bachoco S.A.B. de C.V.6-K - Industrias Bachoco S.A.B. de C.V. (0001044896) (Filer)
- PRIndustrias Bachoco Announces Fourth Quarter and Full Year 2022 ResultsIndustrias Bachoco, S.A.B. de C.V., "Bachoco" or "the Company", (NYSE:IBA, BMV:BACHOCO) announced today its unaudited results for the fourth quarter ("4Q22") and full year ("2022") ending on December 31st, 2022. All figures have been prepared in accordance with International Financial Reporting Standard ("IFRS") and are presented in nominal million Mexican Pesos ("$"). HIGHLIGHTS 2022 Net sales increased 11.2% in 4Q22 and increased 21.0% in year 2022 vs equivalent periods of 2021 respectively. EBITDA margin was 2.9% for 4Q22 and 10.0% for the whole year. Earnings per basic and diluted share totaled $0.13 for the quarter and $10.26 for the year. CEO COMMENTS Mr. Rodolfo Ramos Arviz
- NEWSEarnings Scheduled For February 9, 2023Companies Reporting Before The Bell • AstraZeneca (NASDAQ:AZN) is expected to report quarterly earnings at $0.67 per share on revenue of $11.21 billion. • ASE Technology Holding Co (NYSE:ASX) is likely to report quarterly earnings at $0.22 per share on revenue of $6.45 billion. • ArcelorMittal (NYSE:MT) is projected to report quarterly earnings at $0.28 per share on revenue of $14.35 billion. • Credit Suisse Group (NYSE:CS) is likely to report earnings for its fourth quarter. • Precision Drilling (NYSE:PDS) is expected to report quarterly earnings at $3.21 per share on revenue of $360.68 million. • Colliers Intl Gr (NASDAQ:CIGI) is estimated to report quarterly earnings at $3.09 per sh
- NEWSA Preview Of Industrias Bachoco SAB's EarningsIndustrias Bachoco SAB (NYSE:IBA) is set to give its latest quarterly earnings report on Thursday, 2023-02-09. Here's what investors need to know before the announcement. Analysts estimate that Industrias Bachoco SAB will report an earnings per share (EPS) of $0.35. Industrias Bachoco SAB bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Historical Earnings Performance Last quarter the company beat EPS by $0.25, which was followed
IBA FAQ
7 questionsWhat does Industrias Bachoco S.A.B. de C.V. do?
Industrias Bachoco, S.A.B. de C.V., through its subsidiaries, operates as a poultry producer in Mexico and the United States. It operates in two segments, Poultry and Others. The company is primarily involved in the breeding, processing, and marketing of chicken, eggs, swine, balanced animal feed, and other meat products. It also produces and distributes pork, fish, turkey, pet food, cattle, and beef products, as well as medicines and vaccines for animal consumption; and provides administrative and operating services. In addition, the company provides insurance coverage to its affiliates; and...Where does IBA stock trade?
Industrias Bachoco S.A.B. de C.V. (IBA) is listed on NYSE.What sector and industry is IBA in?
Industrias Bachoco S.A.B. de C.V. operates in the Consumer Staples sector, Meat/Poultry/Fish industry.When did Industrias Bachoco S.A.B. de C.V. go public?
Industrias Bachoco S.A.B. de C.V. (IBA) completed its IPO in 1997.What are analysts saying about IBA?
Industrias Bachoco S.A.B. de C.V. has had 1 recent analyst action on file. The most recent action was from JP Morgan: Neutral on 2023-02-22.What companies are similar to IBA?
Notable peers in the same industry include TSN (Tyson Foods Inc.), JBS (JBS N.V.), HRL (Hormel Foods Corporation), SFD (Smithfield Foods Inc.), PPC (Pilgrim's Pride Corporation). Compare IBA side-by-side with any of them on Quantisnow.How can I track IBA on Quantisnow?
Quantisnow aggregates Industrias Bachoco S.A.B. de C.V.'s SEC filings, analyst ratings, insider transactions, FDA approvals, and press releases the moment they hit the wire (Wall Street's wire, on your screen.). Follow IBA to receive live email and push alerts on every new disclosure.