Currently, there are 15.73B common shares owned by the public and among those 15.73B shares have been available to trade.
The company’s stock has a 5-day price change of 2.92% and 37.99% over the past three months. ABEV shares are trading 33.51% year to date (YTD), with the 12-month market performance up to 9.50% higher. It has a 12-month low price of $1.76 and touched a high of $2.51 over the same period. ABEV has an average intraday trading volume of 33.52 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 5.71%, 11.19%, and 14.93% respectively.
Institutional ownership of Ambev S.A. ADR (NYSE: ABEV) shares accounts for 9.12% of the company’s 15.73B shares outstanding.
It has a market capitalization of $38.86B and a beta (3y monthly) value of 0.84. The stock’s trailing 12-month PE ratio is 14.65, while the earnings-per-share (ttm) stands at $0.17. The company has a PEG of 2.10 and a Quick Ratio of 0.86 with the debt-to-equity ratio at 0.04. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.42% over the week and 3.08% over the month.
Earnings per share for the fiscal year are expected to increase by 7.85%, and 5.12% over the next financial year. EPS should grow at an annualized rate of 6.98% over the next five years, compared to -2.17% over the past 5-year period.
BofA Securities was of a view on January 17, 2025 that the stock is Neutral, while Barclays gave the stock Equal Weight rating on March 04, 2024, issuing a price target of $3.50- $3. JP Morgan on their part issued Neutral rating on March 01, 2024.
