The stock of Ambev S.A. (NYSE:ABEV) decreased by -$0.04 on Monday to finish at $2.86, down -1.38 percent. The last five days have seen an average of 8,975,061 shares of common stock traded. 17 times new highs were reached in the current year, with a gain of $0.14. The average number of shares traded over the last 20 days was 13,995,340, while the average volume over the last 50 days totaled 13,760,600.
ABEV stock dropped -5.92% since last month. On 08/14/23, the company’s shares reached a one-month low of $2.83. The stock touched a high of $3.24 on 06/23/23, after rallying from a low of $2.40 in 52 weeks. The price of ABEV stock has risen by 5.15% or $0.14 this year, reaching a new high 17 times. Still, the stock price is down -11.73% from the 52-week high.
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Valuation Metrics
Ambev S.A. (ABEV) has a trailing price-to-earnings (P/E) ratio of 15.54. Beta for the stock is 1.12. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 2.70, the price-to-book (PB) ratio of 2.60.
Company paid $0.1457 per share in dividends, an increase of 73.66% from $0.0839 last year. A $0.0618 dividend increase was reported on Monday December 12 2022.
Financial Health
For the three months ended June 29, Ambev S.A.’s quick ratio was 0.70, while its current ratio was 1.00, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.03, and the total debt to equity ratio is 0.05. As far as profitability goes, gross margin for the trailing twelve months is 49.90% percent. Ambev S.A.’s EBITDA margin for the year ended June 29 was 27.85%, whereas its operating margin stood at 23.00% for the same period. Based on annual data, it had gross profit of $7.61 billion and revenue of $15.44 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. ABEV’s return on assets (ROA) during the last 12 months has been 10.40%. There was a 23.20% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 16.70%.
Earnings Surprise
According to Ambev S.A.’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $15.14 billion, while revenues rose by 8.6% to $0.0. It was predicted that Ambev S.A.’s quarterly earnings would be $0.03, but it ended up being $0.03. EBITDA was $1.06 billion for the quarter. At the end of Ambev S.A.’s most recent quarter ended June 29, its liabilities totaled 9.48 billion, while its total debt was $4.1 billion.
Technical Picture
Here’s a quick look at Ambev S.A.’s (ABEV) price momentum from a technical perspective. As of 14 August, the RSI 9-day stood at 25.01%, suggesting the stock is oversold, with a 22.44% historical volatility rate.
The stochastic %K and %D were 7.29% and 6.95% respectively, while the average true range (ATR) was 0.07. Based on the 14-day stochastic reading of 9.06%, the RSI (14) reading is 32.23%. On the 9-day MACD Oscillator, the stock is at -0.05, and the 14-day reading is at -0.11.
Analyst Ratings
In its most recent analyst report, BofA Securities raised its rating on Ambev S.A. (NYSE: ABEV) to a Buy. Prior to this, analysts firm rated the stock as a Neutral.
