Ambev S.A. ADR (NYSE:ABEV) has a beta value of 0.79 and has seen 7.11 million shares traded in the recent trading session. The company, currently valued at $37.79B, closed the recent trade at $31430000.0 per share which meant it gained $31429997.61 on the day or 7111785% during that session. The ABEV stock price is 100.0% off its 52-week high price of $2.63 and 100.0% above the 52-week low of $1.76. If we look at the company’s 10-day average daily trading volume, we find that it stood at 35.47 million shares traded. The 3-month trading volume is 31.43 million shares.
The consensus among analysts is that Ambev S.A. ADR (ABEV) is Buy stock at the moment, with a recommendation rating of 2.67. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 3 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight.
Ambev S.A. ADR (NYSE:ABEV) trade information
Over the past 30 days, the shares of Ambev S.A. ADR (NYSE:ABEV) have changed -3.78%. Short interest in the company has seen 51.7 million shares shorted with days to cover at 1.4.
Wall Street analysts have a consensus price target for the stock at $2.57, which means that the shares’ value could drop -1222957098.44% from the levels at last check today.. The projected low price target is $2.57 while the price target rests at a high of $2.57. In that case, then, we find that the latest price level in today’s session is 100.0% off the targeted high while a plunge would see the stock lose 100.0% from the levels at last check today..
Ambev S.A. ADR (ABEV) estimates and forecasts
The company’s shares have gained 16.15% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -2.22% over the past 5 years. Earnings growth for 2025 is a modest 10.62% while over the next 5 years, the company’s earnings are expected to increase by 8.25%.
ABEV Dividends
Ambev S.A. ADR is expected to release its next earnings report on 2025-May-08 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.11 at a share yield of 4.68%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 4.29%.
Ambev S.A. ADR (NYSE:ABEV)’s Major holders
Insiders own 0.01% of the company shares, while shares held by institutions stand at 8.28% with a share float percentage of 8.28%. Investors are also buoyed by the number of investors in a company, with Ambev S.A. ADR having a total of 467.0 institutions that hold shares in the company. The top two institutional holders are FIRST EAGLE INVESTMENT MANAGEMENT, LLC with over 310.14 million shares worth more than $635.79 million. As of 2024-06-30, FIRST EAGLE INVESTMENT MANAGEMENT, LLC held 1.9711% of shares outstanding.
The other major institutional holder is HARDING LOEVNER LP, with the holding of over 115.34 million shares as of 2024-06-30. The firm’s total holdings are worth over $236.45 million and represent 0.733% of shares outstanding.
