In the last trading session, 25.8 million Ambev S.A. ADR (NYSE:ABEV) shares changed hands as the company’s beta touched 0.79. With the company’s per share price at $2.48 changed hands at -$0.01 or -0.40% during last session, the market valuation stood at $38.80B. ABEV’s last price was a discount, traded about -6.05% 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 29.03% up since then.
Analysts gave the Ambev S.A. ADR (ABEV) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.63. 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
Instantly ABEV was in red as seen at the end of in last trading. With action 1.64%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 34.05%, with the 5-day performance at 1.64% in the green. However, in the 30-day time frame, Ambev S.A. ADR (NYSE:ABEV) is -1.98% down.
The consensus price target for the stock as assigned by Wall Street analysts is 2.57, meaning bulls need an upside of 3.5% 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 -3.63% plunge from its current level, while the stock would need to soar -3.63% 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 -2.22%. The 2025 estimates are for Ambev S.A. ADR earnings to increase by 10.53%, but the outlook for the next 5-year period is at 8.22% per year.
ABEV Dividends
Ambev S.A. ADR is expected to release its next quarterly earnings report in July. The 4.56% annual yield figure for the share gives it an annual dividend of 0.11. It is important to note, however, that the 4.56% 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.
Among Mutual Funds, the top two as of Jan 31, 2025 were First Eagle Funds-First Eagle Global Fund and First Eagle Funds-First Eagle Overseas Fund . With 166.79 shares estimated at $413.64 million under it, the former controlled 1.06% of total outstanding shares. On the other hand, First Eagle Funds-First Eagle Overseas Fund held about 0.48% of the shares, roughly 75.44 shares worth around $187.09 million.
