What is the best trade option for TIM SA ADR (TIMB) stock?

TIM SA ADR [TIMB] stock prices are up 1.00% to $14.11 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TIMB shares have gain 0.14% over the last week, with a monthly amount glided 4.48%, 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.

The stock price of TIM SA ADR [TIMB] has been fluctuating between $11.27 and $18.33 over the past year. 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 $14.11 at the most recent close of the market. An investor can expect a potential return of 75.76% based on the average TIMB price forecast.

Analyzing the TIMB fundamentals

The TIM SA ADR [NYSE:TIMB] reported sales of 4.73B for trailing twelve months, representing a drop of -10.29%. 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 14.00 points at the first support level, and at 13.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.19, and for the 2nd resistance point, it is at 14.28.

Ratios To Look Out For

It’s worth pointing out that TIM SA ADR [NYSE:TIMB]’s Current Ratio is 0.99. As well, the Quick Ratio is 0.96, while the Cash Ratio is 0.2. Considering the valuation of this stock, the price to sales ratio is 1.44, the price to book ratio is 1.60 and price to earnings (TTM) ratio is 11.78.

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