Ambev (ABEV) Stock Forecast, Price & News

3 Wall Street 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 research analysts is that investors should "buy" ABEV shares.
View ABEV analyst ratings or view top-rated stocks.

3 Wall Street analysts have issued twelve-month target prices for Ambev's stock. Their ABEV share price forecasts range from $3.74 to $3.74. On average, they predict the company's stock price to reach $3.74 in the next year. This suggests a possible upside of 29.0% from the stock's current price.
View analysts price targets for ABEV or view top-rated stocks among Wall Street analysts.

Ambev's stock was trading at $2.72 at the start of the year. Since then, ABEV shares have increased by 6.6% and is now trading at $2.90.
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Ambev saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 21,440,000 shares, a drop 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 presently 1.2 days.
View Ambev's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our ABEV earnings forecast.

Ambev S.A. (NYSE:ABEV) released its quarterly earnings data on Wednesday, October, 27th. The company reported $0.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.03 by $0.01. The business had revenue of $3.54 billion for the quarter, compared to analyst estimates of $3.08 billion. Ambev had a trailing twelve-month return on equity of 17.44% and a net margin of 18.00%.

Ambev announced an annual dividend on Monday, December 12th. Stockholders 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.

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).

Ambev (NYSE:ABEV) pays an annual dividend of $0.12 per share and currently has a dividend yield of 4.23%. 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.

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).

Ambev trades on the New York Stock Exchange (NYSE) under the ticker symbol "ABEV."

Ambev's stock is owned by a variety of retail and institutional 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%).

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.
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One share of ABEV stock can currently be purchased for approximately $2.90.

Ambev (NYSE:ABEV) has a market capitalization of $45.68 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.

The company employs 47,108 workers across the globe.

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.