Ambev S.A. [ABEV] has traded in a range of $1.90 to $4.75 in the last 1 year. As of this writing, the stock is at $2.52, up 1.00%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, ABEV shares are 2.89% up with the monthly amount drift of 4.18% and seems well in a long time frame.

On 7, May 2020, Ambev Reports 2020 First Quarter Results Under IFRS. According to news published on Yahoo Finance, Ambev S.A. [B3: ABEV3; NYSE: ABEV] announces its results for the first quarter of 2020. The following operating and financial information, unless otherwise indicated, is presented in nominal Reais and prepared according to the International Financial Reporting Standards (“IFRS”) issued by the International Accounting Standards Board (“IASB”) and to the accounting practices issued by the Brazilian Accounting Standards Committee (“CPC”) and approved by the Brazilian Securities and Exchange Commission (“CVM”). The information herein should be read together with our financial information for the three-month period ended March 31, 2020 filed with the CVM and submitted to the U.S. Securities and Exchange Commission (“SEC”).

Analyst Birdseye View:

The most recent analyst activity for Ambev S.A. [NYSE:ABEV] stock was on March 24, 2020, when it was Downgrade with an Underweight rating from JP Morgan. On February 25, 2020, HSBC Securities Downgrade a Reduce rating. On December 03, 2019, Barclays Downgrade an Underweight rating. On August 27, 2019, Barclays Downgrade an Equal weight rating. On July 26, 2019, JP Morgan Upgrade a Neutral rating. On May 21, 2019, BofA/Merrill Upgrade a Neutral rating.

In the past 52 weeks of trading, this stock has oscillated between a low of $1.90 and a peak of $4.75. Right now, the middling Wall Street analyst 12-month amount mark is $3.13. At the most recent market close, shares of Ambev S.A. [NYSE:ABEV] were valued at $2.52. According to the average price forecast, investors can expect a potential return of 4.79%.

FUNDAMENTAL ANALYSIS

Ambev S.A. [NYSE:ABEV] most recently reported quarterly sales of 11.62 billion, which represented growth of -4.40%. This publicly-traded organization’s revenue is $1,051,994 per employee, while its income is $235,599 per employee. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 11.76, 20.03, 24.77 and 19.49 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 4.76 and the whole liability to whole assets at 2.94. It shows enduring liability to the whole principal at 3.75 and enduring liability to assets at 0.02 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 2.45 points at 1st support level, the second support level is making up to 2.41. But as of 1st resistance point, this stock is sitting at 2.52 and at 2.55 for 2nd resistance point.

Ambev S.A. [ABEV] reported its earnings at $0.02 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.01/share signifying the difference of 0.01 and 100.00% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were $0.02 calling estimates for $0.03/share with the difference of -0.01 depicting the surprise of -33.30%.

Important Ratio’s To Watch

Quick ratio, showing Cash ratio at 0.48. Now if looking for a valuation of this stock’s amount to sales ratio it’s 5.63, it’s amount to book ratio is 4.79 and showing 14.15 of P/E (TTM) ratio.