In the last trading session, 18.5 million Ambev S.A. ADR (NYSE:ABEV) shares changed hands as the company’s beta touched 0.81. With the company’s per share price at $2.52 changed hands at -$0.03 or -1.18% during last session, the market valuation stood at $39.43B. ABEV’s last price was a discount, traded about -4.37% off its 52-week high of $2.63. The share price had its 52-week low at $1.76, which suggests the last value was 30.16% up since then.
Analysts gave the Ambev S.A. ADR (ABEV) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.60. If we narrow down to specifics, the data shows that 1 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended ABEV as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight.
Ambev S.A. ADR (NYSE:ABEV) trade information
However, in the 30-day time frame, Ambev S.A. ADR (NYSE:ABEV) is 5.00% up.
The consensus price target for the stock as assigned by Wall Street analysts is 2.57, meaning bulls need an upside of 1.95% from its current market value. According to analyst projections, ABEV’s forecast low is 2.57 with 2.57 as the target high. To hit the forecast high, the stock’s price needs a -1.98% plunge from its current level, while the stock would need to soar -1.98% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -2.17%. The 2025 estimates are for Ambev S.A. ADR earnings to increase by 9.58%, but the outlook for the next 5-year period is at 7.99% per year.
ABEV Dividends
Ambev S.A. ADR is expected to release its next quarterly earnings report in June. The 4.49% annual yield figure for the share gives it an annual dividend of 0.11. It is important to note, however, that the 4.49% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
HARDING LOEVNER LP holds the second largest percentage of outstanding shares, with 0.733% or 115.34 million shares worth $236.45 million as of 2024-06-30.
