Positive News SentimentPositive NewsNYSE:ABEV Ambev (ABEV) Stock Forecast, Price & News $2.90 +0.08 (+2.83%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$2.84▼$2.9250-Day Range$2.66▼$2.9752-Week Range$2.40▼$3.24Volume14.98 million shsAverage Volume21.21 million shsMarket Capitalization$45.75 billionP/E Ratio16.14Dividend Yield4.13%Price Target$3.74 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Ambev MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside28.7% Upside$3.74 Price TargetShort InterestHealthy0.14% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.58Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth17.65%From $0.17 to $0.20 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.13 out of 5 starsConsumer Staples Sector5th out of 140 stocksBeverages Industry1st out of 11 stocks 3.5 Analyst's Opinion Consensus RatingAmbev has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $3.74, Ambev has a forecasted upside of 28.7% from its current price of $2.91.Amount of Analyst CoverageAmbev has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.14% of the outstanding shares of Ambev have been sold short.Short Interest Ratio / Days to CoverAmbev has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ambev has recently decreased by 17.79%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipAmbev is a leading dividend payer. It pays a dividend yield of 4.40%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAmbev does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Ambev is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Ambev will have a dividend payout ratio of 60.00% next year. This indicates that Ambev will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ABEV. Previous Next 3.1 News and Social Media Coverage News SentimentAmbev has a news sentiment score of 1.58. 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 higher news sentiment than the 0.54 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Ambev this week, compared to 2 articles on an average week.Search InterestOnly 11 people have searched for ABEV on MarketBeat in the last 30 days. This is a decrease of -21% compared to the previous 30 days.MarketBeat Follows5 people have added Ambev to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ambev insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 8.75% of the stock of Ambev is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Ambev are expected to grow by 17.65% in the coming year, from $0.17 to $0.20 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ambev is 16.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.57.Price to Earnings Ratio vs. SectorThe P/E ratio of Ambev is 16.14, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 18.29.Price to Earnings Growth RatioAmbev has a PEG Ratio of 2.40. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAmbev has a P/B Ratio of 2.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ambev (NYSE:ABEV) StockAmbev SA engages in the production, distribution, and sale of beverages. Its products include beer, carbonated soft drinks, and other non-alcoholic and non-carbonated products. It operates through the following geographical segments: Brazil, and Central America and The Caribbean (CAC), and Canada. The Brazil segment focuses on the beer sales division and the NAB sales division. The CAC segment includes its direct operations in the Dominican Republic, Saint Vincent, Antigua, Dominica, Cuba, Guatemala, Barbados, and Panama. The Canada segment covers includes domestic sales in Canada and some exports to the United States market. The Canada segment represents the Labatt's operations. The company was founded in 1853 and is headquartered in São Paulo, Brazil.Read More Receive ABEV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ambev and its competitors with MarketBeat's FREE daily newsletter. Email Address ABEV Stock News HeadlinesJune 1, 2023 | finance.yahoo.comShould You Invest in Ambev S.A. (ABEV)?May 24, 2023 | americanbankingnews.comAmbev (NYSE:ABEV) Coverage Initiated at Sanford C. BernsteinJune 3, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 23, 2023 | msn.comGolden Cross Appears Before Ambev InvestorsMay 12, 2023 | americanbankingnews.comAmbev (NYSE:ABEV) Downgraded by StockNews.com to BuyMay 6, 2023 | americanbankingnews.comAmbev (NYSE:ABEV) Raised to "Strong-Buy" at StockNews.comMay 5, 2023 | finance.yahoo.comAmbev S.A. (NYSE:ABEV) Q1 2023 Earnings Call TranscriptMay 4, 2023 | seekingalpha.comAmbev S.A. 2023 Q1 - Results - Earnings Call PresentationJune 3, 2023 | Stocks To Trade (Ad)15 A.I. Trading Opportunities a DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 3, 2023 | markets.businessinsider.comWhat Wall Street expects from Ambev's earningsMay 1, 2023 | americanbankingnews.comReviewing Better World Acquisition (NASDAQ:BWAC) and Ambev (NYSE:ABEV)April 28, 2023 | americanbankingnews.comAmbev (NYSE:ABEV) Downgraded by StockNews.com to "Buy"April 22, 2023 | seekingalpha.comABEV Ambev S.A.April 16, 2023 | seekingalpha.comAmbev: There Is Growth BrewingApril 14, 2023 | americanbankingnews.comAmbev (NYSE:ABEV) Upgraded to Strong-Buy by StockNews.comApril 12, 2023 | benzinga.comAmbev Stock (NYSE:ABEV), Short Interest ReportMarch 29, 2023 | americanbankingnews.comStock Traders Buy Large Volume of Ambev Put Options (NYSE:ABEV)March 22, 2023 | stocknews.com3 Best Stocks to Buy Now for Long-Term InvestorsMarch 21, 2023 | seekingalpha.comAmbev: Strong Growth Levers With Massive Upside PotentialMarch 20, 2023 | stocknews.comCoca-Cola Stock: Time to Buy More or Tap Out?March 17, 2023 | stocknews.comFuelCell Energy: Is It Time to Buy, Sell or Hold This Penny Stock?March 13, 2023 | stocknews.com4 Stocks Under $5 You Can Buy This WeekMarch 13, 2023 | markets.businessinsider.comAnalysts Conflicted on These Consumer Goods Names: Ulta Beauty (ULTA), Ambev SA (ABEV) and Chewy (CHWY)March 7, 2023 | insidermonkey.comAmbev S.A. (NYSE:ABEV) Q4 2022 Earnings Call TranscriptMarch 2, 2023 | stocknews.comThere's Opportunity Brewing in These 2 Beverage StocksFebruary 22, 2023 | stocknews.com3 Beverage Stocks to Buy for Profits in 2023February 14, 2023 | finance.yahoo.com1 Stock That Could Be Weighing Down Your PortfolioSee More Headlines ABEV Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ABEV Company Calendar Last Earnings10/27/2021Today6/02/2023Next Earnings (Estimated)7/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Beverages Sub-IndustryN/A SectorConsumer Staples Current SymbolNYSE:ABEV CUSIPN/A CIK1565025 Webwww.ambev.com.br Phone551121221200Fax55-11-2122-1526Employees47,108Year Founded1998Price Target and Rating Average Stock Price Forecast$3.74 High Stock Price Forecast$3.74 Low Stock Price Forecast$3.74 Forecasted Upside/Downside+29.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.18 Trailing P/E Ratio16.06 Forward P/E Ratio17.00 P/E Growth2.4Net Income$2.80 billion Net Margins18.00% Pretax Margin17.79% Return on Equity17.44% Return on Assets11.02% Debt Debt-to-Equity Ratio0.03 Current Ratio0.99 Quick Ratio0.63 Sales & Book Value Annual Sales$15.44 billion Price / Sales2.95 Cash Flow$0.27 per share Price / Cash Flow10.74 Book Value$1.06 per share Price / Book2.73Miscellaneous Outstanding Shares15,750,220,000Free FloatN/AMarket Cap$45.52 billion OptionableOptionable Beta1.08 Social Links Key ExecutivesJereissati Jean NetoChief Executive OfficerLucas Machado LiraChief Financial & Investor Relations OfficerFernando Mommensohn TennenbaumDirectorEduardo Eiji HoraiDeputy CEO-Information TechnologyLeticia Rudge Barbosa KinaDeputy CEO-Legal & ComplianceKey CompetitorsKeurig Dr PepperNASDAQ:KDPConstellation BrandsNYSE:STZBrown-FormanNYSE:BF.BDiageoNYSE:DEOKimberly-ClarkNYSE:KMBView All CompetitorsInstitutional OwnershipToroso Investments LLCBought 5,798 shares on 5/23/2023Ownership: 0.001%Putnam Investments LLCBought 109,805 shares on 5/22/2023Ownership: 0.001%Ameriprise Financial Inc.Sold 11,469 shares on 5/22/2023Ownership: 0.000%JPMorgan Chase & Co.Bought 754,570 shares on 5/18/2023Ownership: 0.231%Rockefeller Capital Management L.P.Sold 3,590 shares on 5/17/2023Ownership: 0.008%View All Institutional Transactions ABEV Stock - Frequently Asked Questions Should I buy or sell Ambev stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ambev in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ABEV shares. View ABEV analyst ratings or view top-rated stocks. What is Ambev's stock price forecast for 2023? 3 brokerages have issued 1 year price objectives for Ambev's shares. Their ABEV share price forecasts range from $3.74 to $3.74. On average, they anticipate the company's stock price to reach $3.74 in the next year. This suggests a possible upside of 28.7% 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 on January 1st, 2023. Since then, ABEV shares have increased by 6.8% and is now trading at $2.9050. View the best growth stocks for 2023 here. Are investors shorting Ambev? Ambev saw a decrease in short interest in May. As of May 15th, there was short interest totaling 21,440,000 shares, a decrease of 17.8% from the April 30th total of 26,080,000 shares. Based on an average daily volume of 18,240,000 shares, the short-interest ratio is currently 1.2 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, July 27th 2023. View our ABEV earnings forecast. How were Ambev's earnings last quarter? Ambev S.A. (NYSE:ABEV) announced its quarterly earnings data on Wednesday, October, 27th. The company reported $0.04 earnings per share for the quarter, topping analysts' consensus estimates of $0.03 by $0.01. The company had revenue of $3.54 billion for the quarter, compared to analyst estimates of $3.08 billion. Ambev had a net margin of 18.00% and a trailing twelve-month return on equity of 17.44%. How often does Ambev pay dividends? What is the dividend yield for Ambev? Ambev announced an annual dividend on Monday, December 12th. Stockholders of record on Wednesday, December 21st will be given a dividend of $0.1457 per share on Monday, January 9th. This represents a yield of 3.8%. The ex-dividend date is Tuesday, December 20th. 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), Pacer Emerging Markets Cash Cows 100 ETF (ECOW), Putnam PanAgora ESG Emerging Markets Equity ETF (PPEM), R3 Global Dividend Growth ETF (GDVD), Invesco Zacks Multi-Asset Income ETF (CVY), First Trust BICK Index Fund (BICK) and iShares Global Consumer Staples ETF (KXI). 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 4.40%. 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 60.00% 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). What is Ambev's stock symbol? Ambev trades on the New York Stock Exchange (NYSE) under the ticker symbol "ABEV." Who are Ambev's major shareholders? Ambev's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Harding Loevner LP (0.77%), Sprucegrove Investment Management Ltd. (0.55%), Ruffer LLP (0.39%), BlackRock Inc. (0.34%), Ninety One UK Ltd (0.25%) and JPMorgan Chase & Co. (0.23%). 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. What is Ambev's stock price today? One share of ABEV stock can currently be purchased for approximately $2.91. How much money does Ambev make? Ambev (NYSE:ABEV) has a market capitalization of $45.75 billion and generates $15.44 billion in revenue each year. The company earns $2.80 billion in net income (profit) each year or $0.18 on an earnings per share basis. How many employees does Ambev have? The company employs 47,108 workers across the globe. How can I contact Ambev? Ambev's mailing address is RUA DR. RENATO PAES DE BARROS 1017 3 ANDAR PARTE, SAO PAULO D5, 04530-001. The official website for the company is www.ambev.com.br. The company can be reached via phone at 551121221200, via email at ir@ambev.com, or via fax at 55-11-2122-1526. This page (NYSE:ABEV) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ambev S.A. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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