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NYSE:ABEV

Ambev (ABEV) Stock Price, News & Analysis

Ambev logo
$2.19 +0.04 (+1.86%)
(As of 11/22/2024 ET)

About Ambev Stock (NYSE:ABEV)

Key Stats

Today's Range
$2.16
$2.20
50-Day Range
$2.15
$2.56
52-Week Range
$2.01
$3.00
Volume
12.29 million shs
Average Volume
18.96 million shs
Market Capitalization
$34.50 billion
P/E Ratio
12.17
Dividend Yield
5.48%
Price Target
$2.70
Consensus Rating
Hold

Company Overview

Ambev S.A., through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, malt and food, other alcoholic beverages, and non-alcoholic and non-carbonated products in Brazil, Central America and Caribbean, Latin America South, and Canada. It offers beer primarily under the Skol, Brahma, Antarctica, Brahva, Budweiser, Bud Light, Beck, Leffe, Hoegaarden, Balboa ICE, Balboa, Atlas Golden Light, Atlas, 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, Bud 66, 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!, Pepsi Black, Lipton Iced Tea, Fusion, 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. is a subsidiary of Interbrew International B.V.

Ambev Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
50th Percentile Overall Score

ABEV MarketRank™: 

Ambev scored higher than 50% of companies evaluated by MarketBeat, and ranked 92nd out of 142 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Ambev has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Ambev has received no research coverage in the past 90 days.

  • Read more about Ambev's stock forecast and price target.
  • Earnings Growth

    Earnings for Ambev are expected to remain at $0.17 per share in the coming year.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ambev is 12.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.57.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ambev is 12.17, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 23.90.

  • Price to Earnings Growth Ratio

    Ambev has a PEG Ratio of 6.79. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Ambev has a P/B Ratio of 1.94. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Ambev's valuation and earnings.
  • Percentage of Shares Shorted

    0.42% of the float of Ambev has been sold short.
  • Short Interest Ratio / Days to Cover

    Ambev has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Ambev has recently decreased by 3.86%, indicating that investor sentiment is improving.
  • Dividend Leadership

    Ambev is a leading dividend payer. It pays a dividend yield of 5.89%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Ambev does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Ambev is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Ambev will have a dividend payout ratio of 70.59% next year. This indicates that Ambev will be able to sustain or increase its dividend.

  • Read more about Ambev's dividend.
  • Percentage of Shares Shorted

    0.42% of the float of Ambev has been sold short.
  • Short Interest Ratio / Days to Cover

    Ambev has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Ambev has recently decreased by 3.86%, indicating that investor sentiment is improving.
  • News Sentiment

    Ambev has a news sentiment score of 0.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Staples companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Ambev this week, compared to 4 articles on an average week.
  • Search Interest

    Only 5 people have searched for ABEV on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Ambev insiders have not sold or bought any company stock.

  • Percentage Held by Institutions

    Only 8.13% of the stock of Ambev is held by institutions.

  • Read more about Ambev's insider trading history.
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ABEV Stock News Headlines

Ambev SA - An Undervalued Income Stock
Buffett's Oil Bet + This 22% Dividend Play
Warren Buffett has been quietly amassing a massive position in oil stocks. But while Buffett's picks (Occidental and Chevron) pay modest dividends of 1.47% and 4%, we've found a way for regular investors to potentially earn a much bigger income stream from the energy boom.
Ambev S.A. Reports Strong Financial Growth for 2024
Ambev SA (ABEV) Gets a Hold from Barclays
Evercore ISI Remains a Buy on Ambev SA (ABEV)
Barclays Keeps Their Hold Rating on Ambev SA (ABEV)
See More Headlines

ABEV Stock Analysis - Frequently Asked Questions

Ambev's stock was trading at $2.80 on January 1st, 2024. Since then, ABEV stock has decreased by 21.8% and is now trading at $2.19.
View the best growth stocks for 2024 here
.

Ambev S.A. (NYSE:ABEV) announced its earnings results on Thursday, August, 1st. The company reported $0.03 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.03. The business earned $3.85 billion during the quarter, compared to the consensus estimate of $3.56 billion. Ambev had a trailing twelve-month return on equity of 16.12% and a net margin of 17.02%.

Top institutional shareholders of Ambev include Massachusetts Financial Services Co. MA (0.27%), Seafarer Capital Partners LLC (0.19%), Pzena Investment Management LLC (0.12%) and Loomis Sayles & Co. L P (0.12%).

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Ambev investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

Last Earnings
8/01/2024
Today
11/22/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
3/06/2025

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$2.70
High Stock Price Target
$2.90
Low Stock Price Target
$2.50
Potential Upside/Downside
+23.3%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$2.90 billion
Pretax Margin
21.04%

Debt

Sales & Book Value

Annual Sales
$82.41 billion
Cash Flow
$0.28 per share
Book Value
$1.13 per share

Miscellaneous

Outstanding Shares
15,753,833,000
Free Float
N/A
Market Cap
$34.50 billion
Optionable
Optionable
Beta
1.06

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This page (NYSE:ABEV) was last updated on 11/22/2024 by MarketBeat.com Staff
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