The stock of Ambev S.A. (ABEV) has seen a 0.74% increase in the past week, with a -3.52% drop in the past month, and a -12.46% decrease in the past quarter. The volatility ratio for the week is 1.47%, and the volatility levels for the past 30 days are at 2.01% for ABEV. The simple moving average for the past 20 days is -2.61% for ABEV’s stock, with a -3.31% simple moving average for the past 200 days.
Is It Worth Investing in Ambev S.A. (NYSE: ABEV) Right Now?
Ambev S.A. (NYSE: ABEV) has a price-to-earnings ratio that is above its average at 15.14x. and a 36-month beta value of 1.13. Opinions on the stock are mixed, with 9 analysts rating it as a “buy,” 3 as “overweight,” 4 as “hold,” and 2 as “sell.”
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The average price predicted for Ambev S.A. (ABEV) by analysts is $3.75, which is $0.89 above the current market price. The public float for ABEV is 4.41B, and at present, short sellers hold a 0.25% of that float. On September 15, 2023, the average trading volume of ABEV was 12.87M shares.
ABEV) stock’s latest price update
The stock of Ambev S.A. (NYSE: ABEV) has increased by 0.37 when compared to last closing price of 2.73.Despite this, the company has seen a gain of 0.74% in its stock price over the last five trading days. Seeking Alpha reported 2023-09-14 that Ambev faced a shrinking bottom line during the past year and a half as higher commodity prices squeezed gross margins. Trends have improved in Brazil beer driven by increasing market share within the premium category along with recovery in international segments. ABEV upgraded its COGS guidance for 2023 and now expects an improvement in gross margins for H2 2023.
ABEV Trading at -6.69% from the 50-Day Moving Average
After a stumble in the market that brought ABEV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.43% of loss for the given period.
Volatility was left at 2.01%, however, over the last 30 days, the volatility rate increased by 1.47%, as shares sank -3.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.50% lower at present.
During the last 5 trading sessions, ABEV rose by +0.92%, which changed the moving average for the period of 200-days by -6.31% in comparison to the 20-day moving average, which settled at $2.81. In addition, Ambev S.A. saw 0.74% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ABEV
Current profitability levels for the company are sitting at:
- +20.39 for the present operating margin
- +46.13 for the gross margin
The net margin for Ambev S.A. stands at +18.14. The total capital return value is set at 18.66, while invested capital returns managed to touch 17.05. Equity return is now at value 16.70, with 10.40 for asset returns.
Based on Ambev S.A. (ABEV), the company’s capital structure generated 4.60 points at debt to equity in total, while total debt to capital is 4.40. Total debt to assets is 2.68, with long-term debt to equity ratio resting at 3.40. Finally, the long-term debt to capital ratio is 3.25.
When we switch over and look at the enterprise to sales, we see a ratio of 2.44, with the company’s debt to enterprise value settled at 0.02. The receivables turnover for the company is 10.15 and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.93.
Conclusion
To sum up, Ambev S.A. (ABEV) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
