Ambev S.A. [ABEV] stock is down -1.96 while the S&P 500 has fallen -0.17% on Thursday, 11/19/20. While at the time of this article, ABEV ATR is sitting at 0.11. This stock’s volatility for the past week remained at 4.15%, while it was 3.95% for the past 30-day period. ABEV has fallen -$0.06 from the previous closing price of $2.80 on volume of 4.84 million shares.

On 29, October 2020, Ambev SA to Host Earnings Call. According to news published on Yahoo Finance, NEW YORK, NY / ACCESSWIRE / October 29, 2020 / Ambev SA (FRA:AMNA.F) will be discussing their earnings results in their 2020 Third Quarter Earnings call to be held on October 29, 2020 at 11:30 AM Eastern Time.

Analyst Birdseye View:

The most recent analyst activity for Ambev S.A. [NYSE:ABEV] stock was on July 31, 2020, when it was Upgrade with a Neutral rating from JP Morgan. On March 24, 2020, JP Morgan Downgrade an Underweight rating. 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.

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, according to Wall Street analyst the average 12-month amount target is $3.25. At the most recent market close, shares of Ambev S.A. [NYSE:ABEV] were valued at $2.74. According to the average price forecast, investors can expect a potential return of -0.33%.

FUNDAMENTAL ANALYSIS

Ambev S.A. [NYSE:ABEV] most recently reported quarterly sales of 15.6 billion, which represented growth of 30.50%. 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 2.76 points at 1st support level, the second support level is making up to 2.73. But as of 1st resistance point, this stock is sitting at 2.84 and at 2.89 for 2nd resistance point.

Ambev S.A. [ABEV] reported its earnings at $0.03 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.02/share signifying the difference of 0.01 and 50.00% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.02 calling estimates for $0.01/share with the difference of 0.01 depicting the surprise of 100.00%.

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 15.91 of P/E (TTM) ratio.