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The Ambev S.A. (NYSE:ABEV) is going down by -1.32% in today’s trading session, a fall equivalent to -0.06% of the stock’s price from yesterday’s market close. A news came out on 08/30/19 stating that Brazil’s Pension Overhaul Hasn’t Yet Boosted the Stock Market by BARRONS. The lowest point that the shares touched during the trading session was $4.54, while the peak of the day was recorded at a share price of $4.60. ABEV finished the previous session at $4.56 according to the data provided by Barchart, while the trading volume was observed to be $11138357.

In the 100 days of trading, ABEV managed to top a 4.70% Moving average. Additionally, Ambev S.A. shares have achieved a 52-week range between 3.77 and 5.45 alongside 100 days raw stochastic set at 17.11%.

The number of shares outstanding, according to the fundamentals of the company, is set at 15.73B, equal to the value of $71.73B in market capitalization. In the last 30 days, Ambev S.A. shares went down by -6.34%, adding 4.81 to growth in value, on top of a +0.33% boost since 09/10/19.

Ambev S.A. (NYSE:ABEV) Analyst’s Estimates

Ambev S.A. (ABEV) could record at least $0.04 per share in quarterly earnings in the upcoming report, a number that would actually represent an increase of 0.21 YOY.

According to the average analyst rating, Ambev S.A. would be rated as Hold. Out of 14 different analysts monitoring ABEV stock, 3 analysts rate the stock as a BUY, 11 suggest to give the rating of HOLD, 0 indicate that ABEV is an OVERWEIGHT, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.

On August 27, 2019, the stock earned a Downgrade rating due to a new analyst call from Barclays, while analysts from JP Morgan believe that the stock is set at Neutral from Underweight, as concluded on July 26, 2019. BofA/Merrill, is still rather wary about the stock, deciding to keep the rating at Neutral as confirmed through a call on May 21, 2019.

Barclays, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on October 27, 2017, giving the stock a Equal Weight rating.

ABEV Key Ratios To Watch:

Taking in account the profitability of the Company, gross profit margin of +59.35% has been attained, while the operating margin has been recorded at +32.38%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 11.99%. Additionally, Ambev S.A. is recording price volatility of 2.70% for the period of the last seven days and 2.42% in the last 30 days.

Ambev S.A. (NYSE:ABEV) Technical Outlook

For the period of the last 50 days, Ambev S.A. had its Raw Stochastic average set at 17.89% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 4.69%. Stochastic %K for Ambev S.A., with the last 20 days included, was set at 9.47%, having Stochastic %D topping 20.48%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Ambev S.A. stocks with recording 16.33% in metrics.

Ambev S.A. Insider Watch:

Similarly, 7.69% of the company’s float is held by institutions – and there are 439 institutions in total holding shares of this company. The top three institutional holders of ABEV stocks are: Vontobel Asset Management, Inc. with ownership of $727.65 million, which is approximately 155813720 of the company’s shares; Harding Loevner LLC, holding 132281838 shares of the stock with an approximate value of $617.76 million; and JP Morgan Chase & Company, currently with more than 108906483 shares of the company valued at $508.59 million. Positions in Ambev S.A. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 0 insider purchases amounting to 0 shares.