Is TIM SA ADR (TIMB) Stock a Good Buy for Short-term Investors?

At the time of writing, TIM SA ADR [TIMB] stock is trading at $13.39, up 5.18%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TIMB shares have gain 10.12% over the last week, with a monthly amount glided 13.37%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

TIM SA ADR [NYSE: TIMB] stock has seen the most recent analyst activity on December 09, 2024, when UBS downgraded its rating to a Neutral. Previously, Scotiabank upgraded its rating to Sector Outperform on September 20, 2024. On November 17, 2023, downgrade downgraded it’s rating to Equal Weight. Goldman started tracking the stock assigning a Neutral rating and suggested a price target of $15 on May 31, 2023. Scotiabank upgraded its rating to a Sector Outperform.

For the past year, the stock price of TIM SA ADR fluctuated between $11.32 and $18.43. Currently, Wall Street analysts expect the stock to reach $24.8 within the next 12 months. TIM SA ADR [NYSE: TIMB] shares were valued at $13.39 at the most recent close of the market. An investor can expect a potential return of 85.21% based on the average TIMB price forecast.

Analyzing the TIMB fundamentals

According to TIM SA ADR [NYSE:TIMB], the company’s sales were 4.86B for trailing twelve months, which represents an -6.67% plunge. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.12 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.6.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.07 points at the first support level, and at 12.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.56, and for the 2nd resistance point, it is at 13.73.

Ratios To Look Out For

It is important to note that TIM SA ADR [NYSE:TIMB] has a current ratio of 0.97. Also, the Quick Ratio is 0.93, while the Cash Ratio stands at 0.2. Considering the valuation of this stock, the price to sales ratio is 1.33, the price to book ratio is 1.36 and price to earnings (TTM) ratio is 10.48.

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