In last trading session, Ambev S.A. ADR (NYSE:ABEV) saw 15.46 million shares changing hands with its beta currently measuring 1.11. Company’s recent per share price level of $2.41 trading at $0.07 or 2.99% at ring of the bell on the day assigns it a market valuation of $37.97B. That closing price of ABEV’s stock is at a discount of -26.97% from its 52-week high price of $3.06 and is indicating a premium of 7.47% from its 52-week low price of $2.23. Taking a look at company’s average trading volume volume of 13.35 million if we extend that period to 3-months.
Ambev S.A. ADR (NYSE:ABEV) trade information
Upright in the green during last session for gaining 2.99%, in the last five days ABEV remained trading in the green while hitting it’s week-highest on Thursday, 05/02/24 when the stock touched $2.41 price level, adding 1.23% to its value on the day. Ambev S.A. ADR’s shares saw a change of -13.93% in year-to-date performance and have moved 4.78% in past 5-day. Ambev S.A. ADR (NYSE:ABEV) showed a performance of -1.63% in past 30-days.
Ambev S.A. ADR (ABEV) estimates and forecasts
Statistics highlight that Ambev S.A. ADR is scoring comparatively lower than the scores of other players of the relevant industry. The company added 0.45% of value to its shares in past 6 months, showing an annual growth rate of 0.00% while that of industry is 5.40. This year revenue growth is estimated to rise 0.80% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 3.83B for the same. And 2 analysts are in estimates of company making revenue of 3.71B in the next quarter. Company posted 3.95B and 3.82B of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -0.78% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -3.94% while estimates for its earnings growth in next 5 years are of 6.60%.
ABEV Dividends
Ambev S.A. ADR is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
