At the time of writing, Ambev S.A. ADR [ABEV] stock is trading at $1.99, up 5.29%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ABEV shares have gain 5.29% over the last week, with a monthly amount glided 8.74%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ambev S.A. ADR [NYSE: ABEV] stock has seen the most recent analyst activity on January 17, 2025, when BofA Securities downgraded its rating to a Neutral. Previously, Barclays downgraded its rating to Equal Weight on March 04, 2024, and dropped its price target to $3. On March 01, 2024, downgrade downgraded it’s rating to Neutral. Morgan Stanley upgraded its rating to a Equal-Weight. Citigroup initiated its recommendation with a Buy. In a note dated July 10, 2023, BofA Securities upgraded an Buy rating on this stock.
For the past year, the stock price of Ambev S.A. ADR fluctuated between $1.76 and $2.67. Currently, Wall Street analysts expect the stock to reach $2.57 within the next 12 months. Ambev S.A. ADR [NYSE: ABEV] shares were valued at $1.99 at the most recent close of the market. An investor can expect a potential return of 29.15% based on the average ABEV price forecast.
Analyzing the ABEV fundamentals
According to Ambev S.A. ADR [NYSE:ABEV], the company’s sales were 15.96B for trailing twelve months, which represents an -4.25% plunge. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.16 and Total Capital is 0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.03.
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 1.9567 points at the first support level, and at 1.9233 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.0117, and for the 2nd resistance point, it is at 2.0333.
Ratios To Look Out For
It is important to note that Ambev S.A. ADR [NYSE:ABEV] has a current ratio of 1.20. Further, the Quick Ratio stands at 0.89, while the Cash Ratio is 0.55. Considering the valuation of this stock, the price to sales ratio is 1.96, the price to book ratio is 1.74 and price to earnings (TTM) ratio is 11.60.
