Ambev S.A., through its subsidiaries, produces, distributes, and sells beer, draft beer, carbonated soft drinks, other non-alcoholic beverages, malt, and food products in the Americas. The company operates through four segments: Brazil; Central America and the Caribbean; Latin America South; and Canada. It offers beer primarily under the Skol, Brahma, Antarctica, Brahva, Brahva Gold, Extra, Bud Light, Beck, Leffe and Hoegaarden, Bucanero, Cristal, Mayabe, Cacique, Presidente, Brahma Light, Presidente Light, Presidente Golden Light, Bohemia, The One, Corona, Modelo Especial, Stella Artois, and Budweiser, 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 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, Canada Dry, Squirt, Red Rock, Pepsi-Cola, 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. is a subsidiary of Interbrew International B.V.
Analyst Upgrades and Downgrades
ABEV has been the topic of several analyst reports. StockNews.com upgraded Ambev from a "hold" rating to a "buy" rating in a research note on Tuesday, August 9th. JPMorgan Chase & Co. raised Ambev from a "neutral" rating to an "overweight" rating in a report on Wednesday, July 13th. Finally, TheStreet downgraded Ambev from a "b-" rating to a "c+" rating in a research note on Tuesday, July 5th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $3.50.
Ambev Trading Down 1.0 %
Ambev stock traded down $0.03 during midday trading on Tuesday, reaching $2.97. 213,440 shares of the stock traded hands, compared to its average volume of 32,306,304. The company has a 50-day simple moving average of $2.66 and a two-hundred day simple moving average of $2.82. The company has a current ratio of 1.13, a quick ratio of 0.76 and a debt-to-equity ratio of 0.03. The firm has a market cap of $46.74 billion, a PE ratio of 18.75, a price-to-earnings-growth ratio of 2.17 and a beta of 1.14. Ambev has a 12-month low of $2.42 and a 12-month high of $3.33.