It’s still a bull thesis, just subverted: TIM SA ADR (TIMB)

A share price of TIM SA ADR [TIMB] is currently trading at $14.72, up 8.71%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TIMB shares have gain 7.05% over the last week, with a monthly amount glided 28.90%, 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.

TIM SA ADR experienced fluctuations in its stock price throughout the past year 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 $14.72 at the most recent close of the market. An investor can expect a potential return of 68.48% based on the average TIMB price forecast.

Analyzing the TIMB fundamentals

Trailing Twelve Months sales for TIM SA ADR [NYSE:TIMB] were 4.86B which represents -6.67% decline. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.6.

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 14.40 points at the first support level, and at 14.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.90, and for the 2nd resistance point, it is at 15.09.

Ratios To Look Out For

To put it in perspective, the Current Ratio for TIM SA ADR [NYSE:TIMB] is 0.97. In addition, the Quick Ratio stands at 0.93 and the Cash Ratio stands at 0.2. Considering the valuation of this stock, the price to sales ratio is 1.47, the price to book ratio is 1.49 and price to earnings (TTM) ratio is 11.52.

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