Ambev S.A. ADR (NYSE:ABEV)’s traded shares stood at 7.85 million during the latest session, with the company’s beta value hitting 0.83. At the last check today, the stock’s price was $2.54, to imply an increase of 1.81% or $0.05 in intraday trading. The ABEV share’s 52-week high remains $2.59, putting it -1.97% down since that peak but still an impressive 30.71% since price per share fell to its 52-week low of $1.76. The company has a valuation of $39.88B, with an average of 48.88 million shares in intraday trading volume over the past 10 days and average of 32.18 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Ambev S.A. ADR (ABEV), translating to a mean rating of 2.60. Of 3 analyst(s) looking at the stock, 1 analyst(s) give ABEV a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.04.
Ambev S.A. ADR (NYSE:ABEV) trade information
After registering a 1.81% upside in the latest session, Ambev S.A. ADR (ABEV) has traded red over the past five days. The 5-day price performance for the stock is 2.63%, and 7.42% over 30 days. With these gigs, the year-to-date price performance is 37.03%. Short interest in Ambev S.A. ADR (NYSE:ABEV) saw shorts transact 31.73 million shares and set a 1.37 days time to cover.
The extremes give us $2.57 and $2.57 for target low and target high price respectively. As such, ABEV has been trading -1.18% off suggested target high and -1.18% from its likely low.
Ambev S.A. ADR (ABEV) estimates and forecasts
The rating firms project that company’s revenue will grow 6.26% compared to the previous financial year.
Revenue forecast for the current quarter as set by 9 analysts is 22.31B. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 21.54B.Earnings reports from the last fiscal year show that sales brought in 20.28B and 20.04B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 10.02% before jumping 7.47% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -2.17% for the past 5-year period. While 2025 is set for a 8.26% return in earnings, projections for the next 5 years are at 7.31% annually.
ABEV Dividends
Ambev S.A. ADR has its next earnings report out on 2025-Feb-25. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Ambev S.A. ADR has a forward dividend ratio of 0.09, with the share yield ticking at 3.59% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 4.28%.
Ambev S.A. ADR (NYSE:ABEV)’s Major holders
Ambev S.A. ADR insiders hold 0.01% of total outstanding shares, with institutional holders owning 9.17% of the shares at 9.17% float percentage. In total, 9.17% institutions holds shares in the company, led by FIRST EAGLE INVESTMENT MANAGEMENT, LLC. As of 2024-06-30, the company held over 310.14 million shares (or 1.9711% of shares), all amounting to roughly $635.79 million.
The next major institution holding the largest number of shares is HARDING LOEVNER LP with 115.34 million shares, or about 0.733% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $236.45 million.
We also have First Eagle Funds-First Eagle Global Fund and ADVISORS’ INNER CIRCLE III-GQG PARTNERS EMERGING MARKETS EQUITY FUND as the top two Mutual Funds with the largest holdings of the Ambev S.A. ADR (ABEV) shares. Going by data provided on Jan 31, 2025 , First Eagle Funds-First Eagle Global Fund holds roughly 166.79 shares. This is just over 1.06% of the total shares, with a market valuation of $422.82 million. Data from the same date shows that the other fund manager holds a little less at 102.44, or 0.65% of the shares, all valued at about 259.69 million.
