Ambev S.A. ADR (NYSE:ABEV) has a beta value of 0.80 and has seen 4.72 million shares traded in the recent trading session. The company, currently valued at $38.34B, closed the recent trade at $2.45 per share which meant it gained $0.01 on the day or 0.43% during that session. The ABEV stock price is -7.35% off its 52-week high price of $2.63 and 28.16% 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 21.48 million shares traded. The 3-month trading volume is 31.03 million shares.
The consensus among analysts is that Ambev S.A. ADR (ABEV) is Buy stock at the moment, with a recommendation rating of 2.60. 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 -1.59%. Short interest in the company has seen 53.92 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 jump 4.67% 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 -4.9% off the targeted high while a plunge would see the stock gain -4.9% from the levels at last check today..
Ambev S.A. ADR (ABEV) estimates and forecasts
The company’s shares have gained 14.09% 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 9.58% while over the next 5 years, the company’s earnings are expected to increase by 7.99%.
ABEV Dividends
Ambev S.A. ADR is expected to release its next earnings report on 2025-May-07 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 4.61%. 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 8.24% with a share float percentage of 8.24%. Investors are also buoyed by the number of investors in a company, with Ambev S.A. ADR having a total of 464.0 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.
Also the top two Mutual Funds that are holding company’s shares are First Eagle Funds-First Eagle Global Fund and First Eagle Funds-First Eagle Overseas Fund . As of Jan 31, 2025 , the former fund manager holds about 1.06% shares in the company for having 166.79 shares of worth $410.31 million while later fund manager owns 75.44 shares of worth $185.58 million as of Jan 31, 2025 , which makes it owner of about 0.48% of company’s outstanding stock.
