Ambev S.A. ADR (NYSE: ABEV) has a higher price-to-earnings ratio of 13.14x compared to its average ratio, The 36-month beta value for ABEV is at 1.09. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for ABEV is 15.75B, and currently, shorts hold a 0.03% of that float. The average trading volume for ABEV on April 08, 2024 was 11.85M shares.
ABEV) stock’s latest price update
The stock of Ambev S.A. ADR (NYSE: ABEV) has decreased by -1.63 when compared to last closing price of 2.45. Despite this, the company has experienced a -2.82% fall in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-02 that Ambev’s valuation is strongly tied to the strength of the Brazilian Real. Ambev is a wide-moat company in the markets it operates in, with strong profitability and a solid balance sheet. Ambev’s valuation is attractive assuming no significant deterioration of the Brazilin real in the near future despite the economical turmoil in Latin America.
ABEV’s Market Performance
ABEV’s stock has fallen by -2.82% in the past week, with a monthly drop of -5.12% and a quarterly drop of -12.68%. The volatility ratio for the week is 2.93% while the volatility levels for the last 30 days are 1.90% for Ambev S.A. ADR The simple moving average for the last 20 days is -3.25% for ABEV stock, with a simple moving average of -9.14% for the last 200 days.
Analysts’ Opinion of ABEV
Many brokerage firms have already submitted their reports for ABEV stocks, with Barclays repeating the rating for ABEV by listing it as a “Equal Weight.” The predicted price for ABEV in the upcoming period, according to Barclays is $3 based on the research report published on March 04, 2024 of the current year 2024.
ABEV Trading at -5.56% 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 -21.32% of loss for the given period.
Volatility was left at 1.90%, however, over the last 30 days, the volatility rate increased by 2.93%, as shares sank -5.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.71% lower at present.
During the last 5 trading sessions, ABEV fell by -2.82%, which changed the moving average for the period of 200-days by -22.51% in comparison to the 20-day moving average, which settled at $2.48. In addition, Ambev S.A. ADR saw -13.93% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ABEV
Current profitability levels for the company are sitting at:
- 0.22 for the present operating margin
- 0.49 for the gross margin
The net margin for Ambev S.A. ADR stands at 0.17. The total capital return value is set at 0.19. Equity return is now at value 18.28, with 10.66 for asset returns.
Based on Ambev S.A. ADR (ABEV), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 14.63. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is 4.44.
Currently, EBITDA for the company is 23.56 billion with net debt to EBITDA at -0.51. When we switch over and look at the enterprise to sales, we see a ratio of 2.24. The receivables turnover for the company is 8.67for trailing twelve months and the total asset turnover is 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.89.
Conclusion
In conclusion, Ambev S.A. ADR (ABEV) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
