NYSE:ABEV

Ambev (ABEV) Stock Forecast, Price & News

$2.55

-0.03 (-1.16%)

(As of 04:29 PM ET)

Compare

Today's Range: $2.53
▼
$2.58
50-Day Range: $2.54
▼
$3.16
52-Week Range: $2.40
▼
$3.24

Volume: 11.03 million shs
Average Volume: 17.85 million shs
Market Capitalization: $40.16 billion

P/E Ratio: 15.00
Dividend Yield: 4.71%
Price Target: $3.74

Ambev MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 46.1% Upside
$3.74 Price Target
Short Interest: Healthy
0.07% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.10
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 17.65%
From $0.17 to $0.20 Per Share

Overall MarketRank^™

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

2.93 out of 5 stars

Consumer Staples Sector

20th out of 133 stocks

Beverages Industry

1st out of 9 stocks

3.5

Analyst's Opinion

Consensus Rating
Ambev 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/Downside
According to analysts' consensus price target of $3.74, Ambev has a forecasted upside of 46.1% from its current price of $2.56.
Amount of Analyst Coverage
Ambev has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
0.07% 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 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Ambev has recently decreased by 4.13%, indicating that investor sentiment is improving.

3.3

Dividend Strength

Dividend Leadership
Ambev is a leading dividend payer. It pays a dividend yield of 4.75%, 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 70.59%. 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 60.00% 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.

2.3

News and Social Media Coverage

News Sentiment
Ambev has a news sentiment score of 0.10. 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 0.64 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Ambev this week, compared to 2 articles on an average week.
Search Interest
Only 5 people have searched for ABEV on MarketBeat in the last 30 days. This is a decrease of -55% compared to the previous 30 days.
MarketBeat Follows
10 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.

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.

3.1

Earnings and Valuation

Earnings Growth
Earnings 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 Market
The P/E ratio of Ambev is 15.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.46.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ambev is 15.06, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 18.63.
Price to Earnings Growth Ratio
Ambev has a PEG Ratio of 2.23. 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 2.51. 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 (NYSE:ABEV) Stock

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 Price History

30 days | 90 days | 365 days | Advanced Chart

ABEV Stock News Headlines

October 2, 2023 | americanbankingnews.com

Ambev (NYSE:ABEV) Receives New Coverage from Analysts at StockNews.com

September 24, 2023 | americanbankingnews.com

Ambev (NYSE:ABEV) Now Covered by StockNews.com

October 2, 2023 | Stansberry Research (Ad)

1907, 1929, 1998, 2007--and now 2023?

Analyst who called Lehman Bros. collapse says exact same scenario that occurred in 4 of America’s biggest economic calamities is unfolding again now. More here.

September 23, 2023 | americanbankingnews.com

Ambev Target of Unusually High Options Trading (NYSE:ABEV)

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

October 2, 2023 | Behind the Markets (Ad)

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September 15, 2023 | seekingalpha.com

Ambev: Long-Term Downtrend With Shaky Dividend And Lack Of Catalysts

September 14, 2023 | seekingalpha.com

Ambev's Brewing Trouble: A Sobering Outlook

September 14, 2023 | msn.com

Ambev: Improving Operating Metrics With Healthy Dividend Yield, Buy

September 11, 2023 | msn.com

Ambev abre vagas para trainee e estágio; veja pré-requisitos

September 6, 2023 | msn.com

Ambev abre inscrições para programas de estágio e trainee sem limite de idade ou exigência de inglês

August 11, 2023 | msn.com

Ambev oferece cursos gratuitos de capacitação profissional

August 10, 2023 | markets.businessinsider.com

Barclays Sticks to Its Buy Rating for Ambev SA (ABEV)

August 3, 2023 | money.usnews.com

Brazil's Ambev Q2 Net Profit Falls 15%, Misses Estimates

August 3, 2023 | seekingalpha.com

Ambev Q2 2023 Earnings Preview

August 3, 2023 | marketwatch.com

Ambev 2Q Net Revenue BRL18.9B Vs Year-Earlier BRL18.0B

August 2, 2023 | stocknews.com

3 Beverage Stocks That Could Be a Buy in August

July 19, 2023 | stocknews.com

Constellation Brands (STZ): Is the Stock a Buy or Hold?

July 11, 2023 | finance.yahoo.com

Are Consumer Staples Stocks Lagging Ambev (ABEV) This Year?

July 11, 2023 | finance.yahoo.com

Are Consumer Staples Stocks Lagging Ambev (ABEV) This Year?

July 10, 2023 | msn.com

Ambev rallies as BofA upgrades on Brazil beer sales

June 27, 2023 | msn.com

Ambev: Always Expensive And Nowhere Else To Grow In Brazil

June 26, 2023 | msn.com

7 High-Yield Dividend Stocks to Buy

June 26, 2023 | seekingalpha.com

Nurture Ambev S.A. But Don't Gulp It

See More Headlines

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ABEV Company Calendar

Last Earnings: 8/03/2023
Today: 10/02/2023
Next Earnings (Estimated): 10/26/2023
Fiscal Year End: 12/31/2023

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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 Forecast: $3.74
High Stock Price Forecast: $3.74
Low Stock Price Forecast: $3.74
Forecasted Upside/Downside: +46.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.17
Trailing P/E Ratio: 15.06
Forward P/E Ratio: 15.06
P/E Growth: 2.23
Net Income: $2.80 billion
Net Margins: 17.21%
Pretax Margin: 16.12%
Return on Equity: 17.05%
Return on Assets: 10.80%

Debt

Debt-to-Equity Ratio: 0.03
Current Ratio: 1.01
Quick Ratio: 0.65

Sales & Book Value

Annual Sales: $15.44 billion
Price / Sales: 2.61
Cash Flow: $0.26 per share
Price / Cash Flow: 9.93
Book Value: $1.02 per share
Price / Book: 2.51

Miscellaneous

Outstanding Shares: 15,750,220,000
Free Float: N/A
Market Cap: $40.32 billion
Optionable: Optionable
Beta: 1.11

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Key Executives

Mr. Jean Jereissati Neto (Age 49)
CEO & Member of Exec. Board

Mr. Lucas Machado Lira (Age 46)
Member of Board of Exec. Officers, Chief Financial & IR and Shared Services Officer

Mr. Eduardo Braga Cavalcanti de Lacerda (Age 46)
VP Officer of Commercial & Member of Exec. Board of Officers

Mr. Ricardo Morais Pereira de Melo (Age 51)
VP Officer of People and Management & Member of Exec. Board of Officers

Mr. Rodrigo Figueiredo de Souza (Age 47)
VP Officer of Procurement & Member of Exec. Board of Officers

Ms. Leticia Rudge Barbosa Kina (Age 46)
VP Officer of Legal & Compliance, Member of Exec. Board of Officers and Sec.

Mr. Paulo André Zagman (Age 46)
VP Officer of Logistics & Member of Exec. Board of Officers

Mr. Eduardo Eiji Horai (Age 37)
VP Officer of Information Technology & Member of Board of Exec. Officers

Mr. Daniel Wakswaser Cordeiro (Age 38)
VP Officer of Marketing & Member of Exec. Board of Officers

Mr. Valdecir Duarte (Age 42)
Industrial VP Officer & Member of Exec. Board of Officers

Key Competitors

View All Competitors

Institutional Ownership

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 Wall Street research analysts have issued 12-month target prices for Ambev's shares. Their ABEV share price forecasts range from $3.74 to $3.74. On average, they expect the company's share price to reach $3.74 in the next twelve months. This suggests a possible upside of 46.1% 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 stock has decreased by 5.9% and is now trading at $2.56.
View the best growth stocks for 2023 here.
Are investors shorting Ambev?: Ambev saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 11,130,000 shares, an increase of 21.8% from the August 15th total of 9,140,000 shares. Based on an average daily trading volume, of 12,660,000 shares, the short-interest ratio is currently 0.9 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, October 26th 2023.
View our ABEV earnings forecast.
How were Ambev's earnings last quarter?: Ambev S.A. (NYSE:ABEV) issued its quarterly earnings results on Thursday, August, 3rd. The company reported $0.03 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.03. The business earned $3.82 billion during the quarter, compared to analysts' expectations of $3.60 billion. Ambev had a trailing twelve-month return on equity of 17.05% and a net margin of 17.21%.
How often does Ambev pay dividends? What is the dividend yield for Ambev?: Ambev announced an annual dividend on Monday, December 12th. Investors of record on Wednesday, December 21st will be paid 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), 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).

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 4.75%. ABEV has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 70.59%. 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."
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 $2.56.
How much money does Ambev make?: Ambev (NYSE:ABEV) has a market capitalization of $40.32 billion and generates $15.44 billion in revenue each year. The company earns $2.80 billion in net income (profit) each year or $0.17 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 10/2/2023 by MarketBeat.com Staff

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