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

At the time of writing, TIM SA ADR [TIMB] stock is trading at $21.56, down -0.78%. 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 2.96% over the last week, with a monthly amount glided 6.26%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Previously, UBS downgraded its rating to Neutral on December 09, 2024. On September 20, 2024, upgrade upgraded it’s rating to Sector Outperform. Barclays downgraded its rating to a Equal Weight. Goldman initiated its recommendation with a Neutral and recommended $15 as its price target on May 31, 2023. Scotiabank upgraded its rating to Sector Outperform for this stock on May 18, 2023.

For the past year, the stock price of TIM SA ADR fluctuated between $11.14 and $21.84. Currently, Wall Street analysts expect the stock to reach $17.5 within the next 12 months. TIM SA ADR [NYSE: TIMB] shares were valued at $21.56 at the most recent close of the market. An investor can expect a potential drop of -18.83% based on the average TIMB price forecast.

Analyzing the TIMB fundamentals

According to TIM SA ADR [NYSE:TIMB], the company’s sales were 4.55B for trailing twelve months, which represents an -3.67% plunge. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.14 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.65.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.

Ratios To Look Out For

It is important to note that TIM SA ADR [NYSE:TIMB] has a current ratio of 0.91. As well, the Quick Ratio is 0.88, while the Cash Ratio is 0.2. Considering the valuation of this stock, the price to sales ratio is 2.29, the price to book ratio is 2.26 and price to earnings (TTM) ratio is 16.48.

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