Should I buy or sell Ambev stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ambev in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ABEV shares. View ABEV analyst ratings or view top-rated stocks .

What is Ambev's stock price target for 2024?

4 brokerages have issued 1 year target prices for Ambev's shares. Their ABEV share price targets range from $2.86 to $3.74. On average, they anticipate the company's stock price to reach $3.30 in the next year. This suggests a possible upside of 15.8% from the stock's current price. View analysts price targets for ABEV or view top-rated stocks among Wall Street analysts .

How have ABEV shares performed in 2023?

Ambev's stock was trading at $2.72 at the beginning of the year. Since then, ABEV shares have increased by 4.8% and is now trading at $2.85. View the best growth stocks for 2023 here .

Are investors shorting Ambev?

Ambev saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 8,270,000 shares, an increase of 19.9% from the October 31st total of 6,900,000 shares. Based on an average daily volume of 12,710,000 shares, the short-interest ratio is currently 0.7 days. View Ambev's Short Interest .

When is Ambev's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 7th 2024. View our ABEV earnings forecast .

How were Ambev's earnings last quarter?

Ambev S.A. (NYSE:ABEV) posted its quarterly earnings results on Tuesday, October, 31st. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.01. The firm had revenue of $4.16 billion for the quarter. Ambev had a trailing twelve-month return on equity of 17.95% and a net margin of 18.24%.

How often does Ambev pay dividends? What is the dividend yield for Ambev?

Ambev declared an annual dividend on Monday, December 12th. Shareholders of record on Wednesday, December 21st will be paid a dividend of $0.1457 per share on Monday, January 9th. This represents a dividend yield of 3.8%. The ex-dividend date is Tuesday, December 20th. Read our dividend analysis for ABEV .

Is Ambev a good dividend stock?

Ambev (NYSE:ABEV) pays an annual dividend of $0.12 per share and currently has a dividend yield of 4.30%. ABEV has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ABEV will have a dividend payout ratio of 63.16% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ABEV .

What ETFs hold Ambev's stock?

ETFs with the largest weight of Ambev (NYSE:ABEV) stock in their portfolio include iShares Latin America 40 ETF (ILF) , B.A.D. Etf (BAD) , Constrained Capital ESG Orphans ETF (ORFN) , Putnam Panagora ESG Emerging Markets Equity ETF (PPEM) , Pacer Emerging Markets Cash Cows 100 ETF (ECOW) and R3 Global Dividend Growth ETF (GDVD) . First Trust BICK Index Fund (BICK) .

What other stocks do shareholders of Ambev own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ambev investors own include General Electric (GE) , Vale (VALE) , Anheuser-Busch InBev SA/NV (BUD) , Ford Motor (F) , NVIDIA (NVDA) , AT&T (T) , Intel (INTC) , Advanced Micro Devices (AMD) , Micron Technology (MU) and Exxon Mobil (XOM) .

Who are Ambev's major shareholders?

Ambev's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include First Eagle Investment Management LLC (1.97%), Westwood Global Investments LLC (0.68%), Ruffer LLP (0.29%), Ninety One UK Ltd (0.26%), JPMorgan Chase & Co. (0.24%) and Massachusetts Financial Services Co. MA (0.22%).

How do I buy shares of Ambev?

Shares of ABEV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Ambev Stock Price, News & Analysis (NYSE:ABEV)

$2.85

+0.11 (+4.01%)

(As of 12/1/2023 ET)

Compare

Today's Range: $2.80
▼
$2.87
50-Day Range: $2.44
▼
$2.85
52-Week Range: $2.40
▼
$3.23

Volume: 8.47 million shs
Average Volume: 11.48 million shs
Market Capitalization: $44.89 billion

P/E Ratio: 15.83
Dividend Yield: 4.21%
Price Target: $3.30

Ambev MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 15.8% Upside
$3.30 Price Target
Short Interest: Healthy
0.05% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.29
Based on 8 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 5.56%
From $0.18 to $0.19 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.18 out of 5 stars

Consumer Staples Sector

73rd out of 131 stocks

Beverages Industry

7th out of 12 stocks

2.4

Analyst's Opinion

Consensus Rating
Ambev has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $3.30, Ambev has a forecasted upside of 15.8% from its current price of $2.85.
Amount of Analyst Coverage
Ambev has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.05% of the outstanding shares of Ambev have been sold short.
Short Interest Ratio / Days to Cover
Ambev has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Ambev has recently increased by 19.86%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Leadership
Ambev is a leading dividend payer. It pays a dividend yield of 4.30%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Ambev does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Ambev is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Ambev will have a dividend payout ratio of 63.16% next year. This indicates that Ambev will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ABEV.

2.4

News and Social Media Coverage

News Sentiment
Ambev has a news sentiment score of 0.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Ambev this week, compared to 2 articles on an average week.
Search Interest
Only 4 people have searched for ABEV on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
7 people have added Ambev to their MarketBeat watchlist in the last 30 days. This is an increase of 600% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ambev insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 8.37% of the stock of Ambev is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Ambev are expected to grow by 5.56% in the coming year, from $0.18 to $0.19 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ambev is 15.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 105.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ambev is 15.83, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 17.77.
Price to Earnings Growth Ratio
Ambev has a PEG Ratio of 3.37. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Ambev has a P/B Ratio of 2.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Ambev Stock (NYSE:ABEV)

Ambev S.A., through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, other non-alcoholic beverages, malt, and food products. It offers beer primarily under the Skol, Brahma, Antarctica, Brahva, Budweiser, Bud Light, Beck, Leffe and Hoegaarden, Bucanero, Cristal, Mayabe, Presidente, Presidente Light, Brahma Light, Bohemia, The One, Corona, Modelo Especial, Stella Artois, Quilmes Clásica, Paceña, Taquiña, Huari, Becker, Cusqueña, Michelob Ultra, Busch, Pilsen, Ouro Fino, Banks, Deputy, Patricia, Labatt Blue, Alexander Keith's, and Kokanee brands. The company also provides carbonated soft drinks, bottled water, isotonic beverages, energy drinks, coconut water, powdered and natural juices, and ready-to-drink teas under the Guaraná Antarctica, Gatorade, H2OH!, Lipton Iced Tea, Fusion, Do Bem, Pepsi-Cola, Canada Dry, Squirt, Red Rock, Red Bull, Seven Up, Nutrl, Bud Light Seltzer, Palm Bay, and Mike's brands. It offers its products through a network of third-party distributors and a direct distribution system. The company was founded in 1885 and is headquartered in São Paulo, Brazil. Ambev S.A. operates as a subsidiary of Interbrew International B.V.

ABEV Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ABEV Stock News Headlines

December 3, 2023 | americanbankingnews.com

Ambev (NYSE:ABEV) Shares Gap Up to $2.74

November 30, 2023 | marketwatch.com

Ambev Shares Rise 2.5% After Report of Proposed Change to Remuneration

December 3, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 29, 2023 | americanbankingnews.com

Ambev (NYSE:ABEV) Downgraded by StockNews.com to Hold

November 26, 2023 | seekingalpha.com

Ambev Q3 Earnings: Insufficient To Alter Bearish Outlook

November 25, 2023 | americanbankingnews.com

Ambev S.A. (NYSE:ABEV) Receives $3.74 Average Price Target from Brokerages

November 23, 2023 | americanbankingnews.com

Ambev (NYSE:ABEV) Coverage Initiated by Analysts at Jefferies Financial Group

November 2, 2023 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Yum! Brands (YUM), Ambev SA (ABEV) and Kraft Heinz (KHC)

December 3, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 1, 2023 | finance.yahoo.com

Ambev S.A. (NYSE:ABEV) Q3 2023 Earnings Call Transcript

October 31, 2023 | msn.com

Brazilian Beer Maker Ambev Clocks Higher Profit In Q3 Aided By FX & Commodities Tailwinds

October 31, 2023 | seekingalpha.com

Ambev S.A. 2023 Q3 - Results - Earnings Call Presentation

October 31, 2023 | marketwatch.com

Ambev Shares Rise 3.8% After Positive 3Q Results

October 31, 2023 | markets.businessinsider.com

Ambev earnings: here's what Wall Street expects

October 30, 2023 | msn.com

Balanço da Ambev (ABEV3) vai dar ressaca? O que esperar dos dados

October 30, 2023 | benzinga.com

A Preview Of Ambev's Earnings

October 28, 2023 | thestreet.com

Ambev (ABEV) Stock Closed Lower as Brazil's Real Weakened

October 20, 2023 | msn.com

Ambev oferece mil bolsas de estudo a jovens de Paraisópolis

October 18, 2023 | stocknews.com

3 Beverage Stocks That Could Have Untapped Potential

October 12, 2023 | msn.com

Com 250 bolsas de estudo, Ambev promove encontro para profissionais negros em 4 estados; confira

October 12, 2023 | msn.com

Cade homologa o acordo que limita contratos de exclusividade da Ambev em todo o País

October 12, 2023 | br.investing.com

Ambev diz que colaborou com Cade por acordo que 'estimulasse ambiente concorrencial justo'

October 9, 2023 | msn.com

Ambev (ABEV3): Queda de custos já precificada? BB estima upside superior a 20%

September 22, 2023 | msn.com

Ambev abre inscrições para cursos gratuitos; saiba mais

September 19, 2023 | msn.com

Ambev abre inscrições de cursos para indústria cervejeira

September 18, 2023 | barrons.com

Ambev S.A. ADR

September 18, 2023 | msn.com

Ambev SA: Banking On New Combinations And Innovation To Raise Revenue

See More Headlines

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Company Calendar

Last Earnings: 10/31/2023
Today: 12/03/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/07/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Beverages
Sub-Industry: N/A
Sector: Consumer Staples
Current Symbol: NYSE:ABEV
CUSIP: N/A
CIK: 1565025
Web: www.ambev.com.br
Phone: 551121221200
Fax: 55-11-2122-1526
Employees: 47,108
Year Founded: 1998

Price Target and Rating

Average Stock Price Target: $3.30
High Stock Price Target: $3.74
Low Stock Price Target: $2.86
Potential Upside/Downside: +15.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.18
Trailing P/E Ratio: 15.83
Forward P/E Ratio: 15.83
P/E Growth: 3.24
Net Income: $2.80 billion
Net Margins: 18.24%
Pretax Margin: 17.71%
Return on Equity: 17.95%
Return on Assets: 11.47%

Debt

Debt-to-Equity Ratio: 0.03
Current Ratio: 1.11
Quick Ratio: 0.79

Sales & Book Value

Annual Sales: $15.44 billion
Price / Sales: 2.91
Cash Flow: $0.27 per share
Price / Cash Flow: 10.55
Book Value: $1.19 per share
Price / Book: 2.39

Miscellaneous

Outstanding Shares: 15,750,220,000
Free Float: N/A
Market Cap: $44.89 billion
Optionable: Optionable
Beta: 1.12

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Key Executives

Mr. Jean Jereissati Neto (Age 49)
CEO & Member of Executive Board
Mr. Lucas Machado Lira (Age 46)
Member of Board of Executive Officers, Chief Financial & IR and Shared Services Officer
Mr. Eduardo Braga Cavalcanti de Lacerda (Age 46)
VP Officer of Commercial & Member of Executive Board of Officers
Mr. Ricardo Morais Pereira de Melo (Age 51)
VP Officer of People and Management & Member of Executive Board of Officers
Mr. Rodrigo Figueiredo de Souza (Age 47)
VP Officer of Procurement & Member of Executive Board of Officers
Ms. Leticia Rudge Barbosa Kina (Age 46)
VP Officer of Legal & Compliance, Member of Executive Board of Officers and Secretary
Mr. Paulo André Zagman (Age 46)
VP Officer of Logistics & Member of Executive Board of Officers
Mr. Eduardo Eiji Horai (Age 37)
VP Officer of Information Technology & Member of Board of Executive Officers
Mr. Daniel Wakswaser Cordeiro (Age 38)
VP Officer of Marketing & Member of Executive Board of Officers
Mr. Valdecir Duarte (Age 42)
Industrial VP Officer & Member of Executive Board of Officers

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

Should I Buy Ambev Stock? ABEV Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Ambev was last updated on Tuesday, November 28, 2023 at 9:26 AM.

Pros

Here are some ways that investors could benefit from investing in Ambev S.A.:

Ambev S.A. is a leading producer, distributor, and seller of beer, draft beer, carbonated soft drinks, and other non-alcoholic beverages. With a strong presence in the market, the company has a wide customer base and potential for growth.
Recent developments in the company's product portfolio have shown innovation and adaptation to changing consumer preferences. This includes the introduction of new flavors and variations of their beverages, which can attract a larger consumer base.
Ambev S.A. has a strong distribution network, allowing its products to reach a wide range of customers. This extensive distribution network provides a competitive advantage and increases the company's market reach.
The company has a solid financial performance, with consistent revenue growth and profitability. This stability can provide investors with confidence in the company's ability to generate returns.
One reason to consider investing in Ambev S.A. is the current stock price, which can be an attractive entry point for investors looking for potential capital appreciation.

Cons

Investors should be bearish about investing in Ambev S.A. for these reasons:

Ambev S.A. operates in a highly competitive industry, facing competition from both domestic and international beverage companies. This competitive landscape can pose challenges to the company's market share and profitability.
The company's performance is influenced by macroeconomic factors, such as changes in consumer spending patterns and economic conditions. Any downturn in the economy can impact the demand for Ambev S.A.'s products and affect its financial performance.
Regulatory changes and government policies related to the alcoholic beverage industry can have an impact on Ambev S.A.'s operations and profitability. Investors should stay updated on any potential regulatory risks.
Fluctuations in raw material prices, such as barley and hops, can affect the company's production costs and profitability. Investors should consider the potential impact of these price fluctuations on Ambev S.A.'s financial performance.
As a company headquartered in Brazil, Ambev S.A. is exposed to political and economic risks specific to the country. Investors should be aware of these risks and their potential impact on the company's operations and financial results.

ABEV Stock Analysis - Frequently Asked Questions

Should I buy or sell Ambev stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ambev in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ABEV shares.
View ABEV analyst ratings or view top-rated stocks.
What is Ambev's stock price target for 2024?: 4 brokerages have issued 1 year target prices for Ambev's shares. Their ABEV share price targets range from $2.86 to $3.74. On average, they anticipate the company's stock price to reach $3.30 in the next year. This suggests a possible upside of 15.8% from the stock's current price.
View analysts price targets for ABEV or view top-rated stocks among Wall Street analysts.
How have ABEV shares performed in 2023?: Ambev's stock was trading at $2.72 at the beginning of the year. Since then, ABEV shares have increased by 4.8% and is now trading at $2.85.
View the best growth stocks for 2023 here.
Are investors shorting Ambev?: Ambev saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 8,270,000 shares, an increase of 19.9% from the October 31st total of 6,900,000 shares. Based on an average daily volume of 12,710,000 shares, the short-interest ratio is currently 0.7 days.
View Ambev's Short Interest.
When is Ambev's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, March 7th 2024.
View our ABEV earnings forecast.
How were Ambev's earnings last quarter?: Ambev S.A. (NYSE:ABEV) posted its quarterly earnings results on Tuesday, October, 31st. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.01. The firm had revenue of $4.16 billion for the quarter. Ambev had a trailing twelve-month return on equity of 17.95% and a net margin of 18.24%.

How often does Ambev pay dividends? What is the dividend yield for Ambev?: Ambev declared an annual dividend on Monday, December 12th. Shareholders of record on Wednesday, December 21st will be paid a dividend of $0.1457 per share on Monday, January 9th. This represents a dividend yield of 3.8%. The ex-dividend date is Tuesday, December 20th.
Read our dividend analysis for ABEV.
Is Ambev a good dividend stock?: Ambev (NYSE:ABEV) pays an annual dividend of $0.12 per share and currently has a dividend yield of 4.30%. ABEV has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ABEV will have a dividend payout ratio of 63.16% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ABEV.
What ETFs hold Ambev's stock?: ETFs with the largest weight of Ambev (NYSE:ABEV) stock in their portfolio include iShares Latin America 40 ETF (ILF), B.A.D. Etf (BAD), Constrained Capital ESG Orphans ETF (ORFN), Putnam Panagora ESG Emerging Markets Equity ETF (PPEM), Pacer Emerging Markets Cash Cows 100 ETF (ECOW) and R3 Global Dividend Growth ETF (GDVD).First Trust BICK Index Fund (BICK).
What other stocks do shareholders of Ambev own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Ambev investors own include General Electric (GE), Vale (VALE), Anheuser-Busch InBev SA/NV (BUD), Ford Motor (F), NVIDIA (NVDA), AT&T (T), Intel (INTC), Advanced Micro Devices (AMD), Micron Technology (MU) and Exxon Mobil (XOM).
Who are Ambev's major shareholders?: Ambev's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include First Eagle Investment Management LLC (1.97%), Westwood Global Investments LLC (0.68%), Ruffer LLP (0.29%), Ninety One UK Ltd (0.26%), JPMorgan Chase & Co. (0.24%) and Massachusetts Financial Services Co. MA (0.22%).
How do I buy shares of Ambev?: Shares of ABEV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:ABEV) was last updated on 12/3/2023 by MarketBeat.com Staff

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