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NYSE:ABEV

Ambev (ABEV) Stock Price, News & Analysis

$2.39
+0.02 (+0.84%)
(As of 09/18/2024 ET)

About Ambev Stock (NYSE:ABEV)

Key Stats

Today's Range
$2.37
$2.43
50-Day Range
$2.05
$2.42
52-Week Range
$2.01
$3.00
Volume
19.64 million shs
Average Volume
17.61 million shs
Market Capitalization
$37.65 billion
P/E Ratio
12.58
Dividend Yield
5.02%
Price Target
$2.75
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

Overall MarketRank™: 70th Percentile

Ambev scored higher than 70% of companies evaluated by MarketBeat, and ranked 68th out of 151 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 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Ambev has only been the subject of 1 research reports in the past 90 days.

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

    Earnings for Ambev are expected to grow by 5.88% in the coming year, from $0.17 to $0.18 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ambev is 12.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.82.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ambev is 12.58, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 21.92.

  • Price to Earnings Growth Ratio

    Ambev has a PEG Ratio of 5.27. 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 2.34. 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

    0.11% 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 0.7, 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 62.83%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Ambev is a leading dividend payer. It pays a dividend yield of 5.58%, 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 63.16%. 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 66.67% 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

    0.11% 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 0.7, 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 62.83%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Ambev has a news sentiment score of 0.79. 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 5 news articles for Ambev this week, compared to 4 articles on an average week.
  • Search Interest

    Only 7 people have searched for ABEV on MarketBeat in the last 30 days. This is a decrease of -68% compared to the previous 30 days.
  • MarketBeat Follows

    14 people have added Ambev to their MarketBeat watchlist in the last 30 days. This is an increase of 367% 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.

ABEV Stock News Headlines

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Unemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. Hopelessness abounds. And looking in, the future here looks bleak for these forgotten souls. But in a strange twist of fate, something miraculous is taking place…
Ambev Q2: Many Positive Trends
See More Headlines

ABEV Stock Analysis - Frequently Asked Questions

Ambev's stock was trading at $2.80 at the start of the year. Since then, ABEV stock has decreased by 14.6% and is now trading at $2.39.
View the best growth stocks for 2024 here
.

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

Top institutional shareholders 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%).

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 General Electric (GE), Vale (VALE), Anheuser-Busch InBev SA/NV (BUD), Ford Motor (F), NVIDIA (NVDA), AT&T (T) and Intel (INTC).

Company Calendar

Last Earnings
8/01/2024
Today
9/18/2024
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
+15.2%
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
$1.02 per share

Miscellaneous

Outstanding Shares
15,753,833,000
Free Float
N/A
Market Cap
$37.65 billion
Optionable
Optionable
Beta
1.05

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Should I Buy Ambev Stock? ABEV Pros and Cons Explained

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.

Ambev
Bull Case

green Wall Street bull icon

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.

Ambev
Bear Case

red Wall Street bear icon

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.

This page (NYSE:ABEV) was last updated on 9/18/2024 by MarketBeat.com Staff
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