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NYSE:ABEV

Ambev (ABEV) Stock Price, News & Analysis

$2.33
+0.01 (+0.43%)
(As of 09/6/2024 ET)
Today's Range
$2.31
$2.36
50-Day Range
$2.04
$2.42
52-Week Range
$2.01
$3.00
Volume
31.63 million shs
Average Volume
16.86 million shs
Market Capitalization
$36.71 billion
P/E Ratio
12.26
Dividend Yield
5.15%
Price Target
$2.75

Ambev MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
18.2% Upside
$2.75 Price Target
Short Interest
Healthy
0.29% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.59mentions of Ambev in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.01 out of 5 stars

Consumer Staples Sector

107th out of 136 stocks

Beverages Industry

10th out of 11 stocks

ABEV stock logo

About Ambev Stock (NYSE:ABEV)

Ambev S.A., through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, other non-alcoholic beverages, malt, and food products. It offers beer primarily under the Skol, Brahma, Antarctica, Brahva, Budweiser, Bud Light, Beck, Leffe and Hoegaarden, Bucanero, Cristal, Mayabe, Presidente, Presidente Light, Brahma Light, Bohemia, The One, Corona, Modelo Especial, Stella Artois, Quilmes Clásica, Paceña, Taquiña, Huari, Becker, Cusqueña, Michelob Ultra, Busch, Pilsen, Ouro Fino, Banks, Deputy, Patricia, Labatt Blue, Alexander Keith's, and Kokanee brands. The company also provides carbonated soft drinks, bottled water, isotonic beverages, energy drinks, coconut water, powdered and natural juices, and ready-to-drink teas under the Guaraná Antarctica, Gatorade, H2OH!, Lipton Iced Tea, Fusion, Do Bem, Pepsi-Cola, Canada Dry, Squirt, Red Rock, Red Bull, Seven Up, Nutrl, Bud Light Seltzer, Palm Bay, and Mike's brands. It offers its products through a network of third-party distributors and a direct distribution system. The company was founded in 1885 and is headquartered in São Paulo, Brazil. Ambev S.A. operates as a subsidiary of Interbrew International B.V.

ABEV Stock Price History

ABEV Stock News Headlines

⭕ [URGENT] Buy Alert just triggered
My absolute favorite stock just hit a critical "buy now" trigger price.
Ambev Q2: Many Positive Trends
Alto Escalão: Troca de posições na Ambev
Ambev (NYSE:ABEV) Shares Gap Down to $2.34
⭕ [URGENT] Buy Alert just triggered
My absolute favorite stock just hit a critical "buy now" trigger price.
Brokerages Set Ambev S.A. (NYSE:ABEV) Price Target at $2.75
(BA37D.BA)
(32X8S.NX)
SEMRUSH HLD. CL.A -,00001 (628.BE)
See More Headlines
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Company Calendar

Last Earnings
8/01/2024
Today
9/07/2024
Next Earnings (Estimated)
10/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Beverages
Sub-Industry
N/A
Employees
42,774
Year Founded
1998

Price Target and Rating

Average Stock Price Target
$2.75
High Stock Price Target
$2.90
Low Stock Price Target
$2.50
Potential Upside/Downside
+17.9%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
$2.90 billion
Pretax Margin
20.74%

Debt

Sales & Book Value

Annual Sales
$80.63 billion
Cash Flow
$0.28 per share
Book Value
$1.17 per share

Miscellaneous

Outstanding Shares
15,753,833,000
Free Float
N/A
Market Cap
$36.79 billion
Optionable
Optionable
Beta
1.06

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Key Executives

  • Mr. Jean Jereissati NetoMr. Jean Jereissati Neto (Age 50)
    CEO & Member of Executive Board
  • Mr. Lucas Machado Lira (Age 47)
    Member of Board of Executive Officers, Chief Financial & IR and Shared Services Officer
  • Mr. Eduardo Braga Cavalcanti de Lacerda (Age 47)
    VP Officer of Commercial & Member of Executive Board of Officers
  • Mr. Ricardo Morais Pereira de Melo (Age 52)
    VP Officer of People and Management & Member of Executive Board of Officers
  • Ms. Leticia Rudge Barbosa Kina (Age 47)
    VP Officer of Legal & Compliance, Member of Executive Board of Officers and Secretary
  • Mr. Paulo André Zagman (Age 47)
    VP Officer of Logistics & Member of Executive Board of Officers
  • Mr. Eduardo Eiji Horai (Age 38)
    VP Officer of Information Technology & Member of Board of Executive Officers
  • Mr. Daniel Wakswaser Cordeiro (Age 39)
    VP Officer of Marketing & Member of Executive Board of Officers
  • Mr. Valdecir Duarte (Age 43)
    Industrial VP Officer & Member of Executive Board of Officers
  • Ms. Daniela Gavranic Cachich (Age 51)
    VP Officer of Non-Alcoholic Beverages & Future Beverages and Member of Board of Executive Officer

Should I Buy Ambev Stock? ABEV Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Ambev S.A.:

  • Ambev's stock price is currently at $2.27, which may present a buying opportunity for investors looking for an entry point.
  • Ambev has a market capitalization of $35.76 billion, indicating the company's size and stability in the market.
  • Recent analyst ratings have shown a consensus "Hold" rating with a target price of $2.75, suggesting potential growth.
  • Ambev's P/E ratio of 11.95 indicates the stock may be undervalued compared to industry peers, offering potential upside.
  • With a beta of 1.06, Ambev's stock price movements are closely aligned with the overall market, providing stability for investors.

Cons

Investors should be bearish about investing in Ambev S.A. for these reasons:

  • Ambev's P/E/G ratio of 5.04 suggests the stock may be overvalued relative to its earnings growth potential, posing a risk for investors.
  • The company's 1-year low of $2.01 indicates past volatility in the stock price, which could continue to impact investor returns.
  • Ambev's quick ratio of 0.78 and current ratio of 1.11 may raise concerns about the company's short-term liquidity position.
  • Recent analyst downgrades and price target reductions by UBS Group and Barclays could signal underlying issues affecting the stock's performance.
  • Ambev's 50-day moving average price of $2.18 is below the 200-day moving average of $2.31, indicating a potential short-term bearish trend.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, September 3, 2024. Please send any questions or comments about these Ambev pros and cons to contact@marketbeat.com.

ABEV Stock Analysis - Frequently Asked Questions

How have ABEV shares performed this year?

Ambev's stock was trading at $2.80 at the beginning of the year. Since then, ABEV stock has decreased by 16.8% and is now trading at $2.33.
View the best growth stocks for 2024 here
.

How were Ambev's earnings last quarter?

Ambev S.A. (NYSE:ABEV) issued its quarterly earnings results on Thursday, August, 1st. The company reported $0.03 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.03. The firm had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $3.56 billion. Ambev had a trailing twelve-month return on equity of 16.94% and a net margin of 17.93%.

Who are Ambev's major shareholders?

Top institutional investors of Ambev include First Eagle Investment Management LLC (1.97%), Westwood Global Investments LLC (0.64%), Sprucegrove Investment Management Ltd. (0.45%) and Massachusetts Financial Services Co. MA (0.27%).

How do I buy shares of Ambev?

Shares of ABEV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Ambev own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ambev investors own include General Electric (GE), Vale (VALE), Anheuser-Busch InBev SA/NV (BUD), Ford Motor (F), NVIDIA (NVDA), AT&T (T) and Intel (INTC).

This page (NYSE:ABEV) was last updated on 9/7/2024 by MarketBeat.com Staff

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