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New CBOE “special perk” helps traders target income every weekend (Ad)
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New CBOE “special perk” helps traders target income every weekend (Ad)
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S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
New CBOE “special perk” helps traders target income every weekend (Ad)
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
New CBOE “special perk” helps traders target income every weekend (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
New CBOE “special perk” helps traders target income every weekend (Ad)
Lacking counselors, US schools turn to the booming business of online therapy
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
New CBOE “special perk” helps traders target income every weekend (Ad)
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
New CBOE “special perk” helps traders target income every weekend (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
New CBOE “special perk” helps traders target income every weekend (Ad)
Lacking counselors, US schools turn to the booming business of online therapy
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
New CBOE “special perk” helps traders target income every weekend (Ad)
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
New CBOE “special perk” helps traders target income every weekend (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
New CBOE “special perk” helps traders target income every weekend (Ad)
Lacking counselors, US schools turn to the booming business of online therapy

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
0.29mentions of Ambev in the last 14 days
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


ABEV stock logo

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

ABEV Stock News Headlines

Ambev (NYSE:ABEV) Shares Gap Up to $2.74
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.
Ambev (NYSE:ABEV) Downgraded by StockNews.com to Hold
Ambev Q3 Earnings: Insufficient To Alter Bearish Outlook
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.
Ambev S.A. (NYSE:ABEV) Q3 2023 Earnings Call Transcript
Ambev Shares Rise 3.8% After Positive 3Q Results
Ambev earnings: here's what Wall Street expects
A Preview Of Ambev's Earnings
Ambev S.A. ADR
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

Industry, Sector and Symbol

Industry
Beverages
Sub-Industry
N/A
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

Net Income
$2.80 billion
Pretax Margin
17.71%

Debt

Sales & Book Value

Annual Sales
$15.44 billion
Cash Flow
$0.27 per share
Book Value
$1.19 per share

Miscellaneous

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

Social Links

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Key Executives

  • Mr. Jean Jereissati NetoMr. 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

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 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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