In the past week, ABEV stock has gone down by -1.69%, with a monthly decline of -3.32% and a quarterly surge of 10.43%. The volatility ratio for the week is 2.02%, and the volatility levels for the last 30 days are 2.11% for Ambev S.A. ADR The simple moving average for the past 20 days is -0.51% for ABEV’s stock, with a -3.52% simple moving average for the past 200 days.
Is It Worth Investing in Ambev S.A. ADR (NYSE: ABEV) Right Now?
Ambev S.A. ADR (NYSE: ABEV) has a higher price-to-earnings ratio of 12.75x compared to its average ratio, The 36-month beta value for ABEV is at 1.07. 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.”
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The public float for ABEV is 15.73B, and currently, shorts hold a 0.11% of that float. The average trading volume for ABEV on September 17, 2024 was 25.21M shares.
ABEV) stock’s latest price update
Ambev S.A. ADR (NYSE: ABEV)’s stock price has plunge by 0.87relation to previous closing price of 2.31. Nevertheless, the company has seen a -1.69% plunge in its stock price over the last five trading sessions. seekingalpha.com reported 2024-09-03 that Ambev reported good results, beating market revenue and profit estimates. Ambev’s revenues increased by 6.1% YoY, driven by strong performance in Brazil and CAC, despite weaker results in LAS and Canada. Despite higher taxes and expenses, the potential 27% appreciation based on EV/EBITDA multiple supports my buy recommendation.
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 4.57% 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 -18.25% of loss for the given period.
Volatility was left at 2.11%, however, over the last 30 days, the volatility rate increased by 2.02%, as shares sank -2.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.56% upper at present.
During the last 5 trading sessions, ABEV fell by -1.69%, which changed the moving average for the period of 200-days by -16.49% in comparison to the 20-day moving average, which settled at $2.34. In addition, Ambev S.A. ADR saw -16.79% 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 0.16. Equity return is now at value 16.64, with 10.61 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 16.32. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is 4.75.
Currently, EBITDA for the company is 23.56 billion with net debt to EBITDA at -0.43. When we switch over and look at the enterprise to sales, we see a ratio of 2.36. The receivables turnover for the company is 8.84for trailing twelve months and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.11.
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.
