Ambev S.A. ADR (ABEV) concluded trading on 12/27/23 at a closing price of $2.84, with 5.15 million shares of worth about $14.61 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.52% during that period and on Wednesday the price saw a gain of about 0.35%. Currently the company’s common shares owned by public are about 15.74B shares, out of which, 15.74B shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 18 analysts are covering the ABEV stock and their offered price forecasts bring an average price target of $16.51. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $18.70 and could fall to a lowest price of $14.00. The stock’s current price level is 17.68% above of average price target set by the analysts, while a rise to estimated low would result in gain of 79.71% for the stock. However, touching the estimated high of $18.70 would mean a gain of 84.81% for the stock.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Ambev S.A. ADR (NYSE: ABEV) started trading at $2.81, below -$0.02 from concluding price of the previous day. However, the stock later moved at a day high price of 2.8500, or with a gain of 0.35%. Stock saw a price change of 0.36% in past 5 days and over the past one month there was a price change of 8.36%. Year-to-date (YTD), ABEV shares are showing a performance of 9.96% which increased to 6.44% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.28 but also hit the highest price of $3.07 during that period. The average intraday trading volume for Ambev S.A. ADR shares is 11.75 million. The stock is currently trading 3.98% above its 20-day simple moving average (SMA20), while that difference is up 9.51% for SMA50 and it goes to 5.50% higher than SMA200.
Ambev S.A. ADR (NYSE: ABEV) currently have 15.74B outstanding shares and institutions hold larger chunk of about 8.70% of that.
The stock has a current market capitalization of $44.71B and its 3Y-monthly beta is at 1.19. PE ratio of stock for trailing 12 months is 15.18, while it has posted earnings per share of $0.19 in the same period. Its PEG reads 3.16 and has Quick Ratio of 0.79 while making debt-to-equity ratio of 0.04. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ABEV, volatility over the week remained 1.62% while standing at 1.87% over the month.
Analysts are in expectations that Ambev S.A. ADR (ABEV) stock would likely to be making an EPS of $0.06 in the current quarter, while forecast for next quarter EPS is $0.04 and it is $0.19 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.05 which is $0.07 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.06 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 4.93% while it is estimated to increase by 4.75% in next year. EPS is likely to grow at an annualized rate of 4.80% for next 5-years, compared to annual growth of 3.85% made by the stock over the past 5-years.
Analysts at 18 brokerage firms have issued recommendations for the Ambev S.A. ADR (ABEV)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.06. Out of those 18 Wall Street analysts, 8 recommended a “Buy” rating, while 6 were in favor recommending the stock as a “Hold” and 1 analyst recommended the stock as “Sell”.
