NYSE:ASAI

Sendas Distribuidora (ASAI) Stock Forecast, Price & News

$12.44

+0.17 (+1.39%)

(As of 09/20/2023 ET)

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Today's Range: $12.14
▼
$12.50
50-Day Range: $11.71
▼
$14.46
52-Week Range: $10.44
▼
$20.98

Volume: 380,633 shs
Average Volume: 631,833 shs
Market Capitalization: $3.36 billion

P/E Ratio: 18.85
Dividend Yield: 0.64%
Price Target: N/A

Sendas Distribuidora MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.55% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 59.70%
From $0.67 to $1.07 Per Share

Overall MarketRank^™

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

2.79 out of 5 stars

Consumer Discretionary Sector

45th out of 269 stocks

Grocery Stores Industry

1st out of 10 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Sendas Distribuidora.

5.0

Short Interest

Percentage of Shares Shorted
0.55% of the outstanding shares of Sendas Distribuidora have been sold short.
Short Interest Ratio / Days to Cover
Sendas Distribuidora has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Sendas Distribuidora has recently decreased by 27.88%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Sendas Distribuidora has a dividend yield of 0.65%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Sendas Distribuidora does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Sendas Distribuidora is 12.12%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Sendas Distribuidora will have a dividend payout ratio of 7.48% next year. This indicates that Sendas Distribuidora 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 ASAI.

2.6

News and Social Media Coverage

News Sentiment
Sendas Distribuidora has a news sentiment score of 0.66. 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 0.49 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Sendas Distribuidora this week, compared to 0 articles on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sendas Distribuidora insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.41% of the stock of Sendas Distribuidora is held by insiders.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Sendas Distribuidora are expected to grow by 59.70% in the coming year, from $0.67 to $1.07 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sendas Distribuidora is 18.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.81.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sendas Distribuidora is 18.85, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.75.
Price to Earnings Growth Ratio
Sendas Distribuidora has a PEG Ratio of 0.90. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Sendas Distribuidora has a P/B Ratio of 4.44. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Sendas Distribuidora (NYSE:ASAI) Stock

Sendas Distribuidora S.A. engages in the retail and wholesale sale of food products, bazaar items, and other products in Brazil. The company serves restaurants, pizzerias, snack bars, schools, small businesses, religious institutions, hospitals, hotels, grocery stores, neighborhood supermarkets, and individuals. It sells its products through brick-and-mortar stores, as well as through telesales. The company was founded in 1974 and is headquartered in Rio de Janeiro, Brazil.

ASAI Price History

30 days | 90 days | 365 days | Advanced Chart

ASAI Stock News Headlines

September 16, 2023 | americanbankingnews.com

Sendas Distribuidora S.A. (NYSE:ASAI) Short Interest Down 27.9% in August

August 9, 2023 | msn.com

Companhia Brasileira De Distribuicao: Unfolding Catalysts Reinforce The Bull Thesis

September 21, 2023 | Edge On The Street (Ad)

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August 3, 2023 | seekingalpha.com

Sendas Distribuidora: Maintaining A Neutral Stance Amidst Brazilian Disinflation

August 3, 2023 | msn.com

Sendas Distribuidora S.A. - ADR (ASAI) Price Target Decreased by 8.54% to 15.63

July 29, 2023 | seekingalpha.com

Sendas Distribuidora S.A. 2023 Q2 - Results - Earnings Call Presentation

July 27, 2023 | msn.com

Stock Index Futures Slip as Investors Await Fed Rate Decision, Meta Earnings on Tap

July 26, 2023 | msn.com

Stock Index Futures Move Lower as Investors Await Fed Rate Decision, Meta Earnings on Tap

September 21, 2023 | Wall Street Fundamentals (Ad)

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June 2, 2023 | msn.com

Sendas Distribuidora (ASAI3) Price Target Decreased by 9.35% to 21.05

May 23, 2023 | msn.com

Sendas Distribuidora S.A.: Checkout This Brazilian Grocery Chain

May 5, 2023 | msn.com

Sendas Distribuidora reports Q1 results

March 26, 2023 | finance.yahoo.com

Sendas Distribuidora S.A. (ASAI)

February 20, 2023 | finance.yahoo.com

Sendas Distribuidora S.A. (NYSE:ASAI) Q4 2022 Earnings Call Transcript

February 14, 2023 | msn.com

Earnings Preview For Sendas Distribuidora S.A. ADS

December 22, 2022 | finance.yahoo.com

Are Options Traders Betting on a Big Move in Sendas (ASAI) Stock?

December 8, 2022 | finance.yahoo.com

Are Consumer Discretionary Stocks Lagging Sendas Distribuidora (ASAI) This Year?

November 22, 2022 | finance.yahoo.com

Here's Why Momentum in Sendas Distribuidora S.A. Sponsored ADR (ASAI) Should Keep going

October 25, 2022 | msn.com

Earnings Preview: Sendas Distribuidora S.A. ADS

September 5, 2022 | reuters.com

Sendas Distribuidora SA

July 30, 2022 | seekingalpha.com

Sendas Distribuidora S.A. (ASAI) CEO Belmiro de Gomes on Q2 2022 Results - Earnings Call Transcript

June 6, 2022 | wsj.com

Sendas Distribuidora S.A. ADR

May 14, 2022 | seekingalpha.com

Sendas Distribuidora S.A. (ASAI) CEO Belmiro Gomes on Q1 2022 Results - Earnings Call Transcript

May 5, 2022 | seekingalpha.com

Sendas Distribuidora goes ex-dividend tomorrow

May 2, 2022 | finance.yahoo.com

Sendas Files Annual Report on Form 20-F with the SEC

April 22, 2022 | nasdaq.com

Has Sendas Distribuidora (ASAI) Outpaced Other Consumer Discretionary Stocks This Year?

April 22, 2022 | nasdaq.com

What Makes Sendas Distribuidora S.A. Sponsored ADR (ASAI) a Good Fit for "Trend Investing"

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ASAI Company Calendar

Ex-Dividend for 7/3 Dividend: 4/28/2023
Dividend Payable: 7/03/2023
Last Earnings: 7/26/2023
Today: 9/21/2023
Next Earnings (Estimated): 10/19/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Grocery stores
Sub-Industry: N/A
Sector: Consumer Discretionary
Current Symbol: NYSE:ASAI
CUSIP: N/A
CIK: 1834048
Web: ri.assai.com.br
Phone: 55-11-3411-5042
Fax: N/A
Employees: 73,898
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.66
Trailing P/E Ratio: 18.85
Forward P/E Ratio: 18.57
P/E Growth: 0.9
Net Income: $236.31 million
Net Margins: 1.49%
Pretax Margin: 2.45%
Return on Equity: 23.17%
Return on Assets: 2.31%

Debt

Debt-to-Equity Ratio: 4.82
Current Ratio: 0.83
Quick Ratio: 0.42

Sales & Book Value

Annual Sales: $60.87 billion
Price / Sales: 0.06
Cash Flow: $1.57 per share
Price / Cash Flow: 7.92
Book Value: $2.80 per share
Price / Book: 4.44

Miscellaneous

Outstanding Shares: 270,293,000
Free Float: 269,185,000
Market Cap: $3.36 billion
Optionable: Not Optionable
Beta: 1.05

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Key Executives

Mr. Belmiro de Figueiredo Gomes (Age 52)
CEO, Member of Exec. Board & Director

Ms. Daniela Sabbag Papa (Age 48)
CFO & Member of Exec. Board

Mr. Anderson Barres Castilho (Age 47)
VP of Operations & Member of Exec. Board

Mr. Wlamir dos Anjos (Age 53)
Chief Commercial Officer & Member of Exec. Board

Ms. Gabrielle Castelo Branco Helu (Age 37)
Investor Relations Officer & Member of Exec. Board

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

ASAI Stock - Frequently Asked Questions

Should I buy or sell Sendas Distribuidora stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sendas Distribuidora in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ASAI shares.
View ASAI analyst ratings or view top-rated stocks.
How have ASAI shares performed in 2023?: Sendas Distribuidora's stock was trading at $18.31 at the beginning of the year. Since then, ASAI stock has decreased by 32.1% and is now trading at $12.44.
View the best growth stocks for 2023 here.
Are investors shorting Sendas Distribuidora?: Sendas Distribuidora saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 1,500,000 shares, a drop of 27.9% from the August 15th total of 2,080,000 shares. Based on an average trading volume of 786,300 shares, the days-to-cover ratio is presently 1.9 days.
View Sendas Distribuidora's Short Interest.
When is Sendas Distribuidora's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, October 19th 2023.
View our ASAI earnings forecast.
How were Sendas Distribuidora's earnings last quarter?: Sendas Distribuidora S.A. (NYSE:ASAI) issued its quarterly earnings results on Wednesday, July, 26th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.03. The company earned $3.23 billion during the quarter, compared to analyst estimates of $3.22 billion. Sendas Distribuidora had a net margin of 1.49% and a trailing twelve-month return on equity of 23.17%.
How often does Sendas Distribuidora pay dividends? What is the dividend yield for Sendas Distribuidora?: Sendas Distribuidora declared a -- dividend on Monday, April 17th. Stockholders of record on Monday, May 1st will be given a dividend of $0.0506 per share on Monday, July 3rd. This represents a yield of 1.1%. The ex-dividend date is Friday, April 28th. This is a positive change from the stock's previous -- dividend of $0.04.
Read our dividend analysis for ASAI.

Is Sendas Distribuidora a good dividend stock?: Sendas Distribuidora (NYSE:ASAI) pays an annual dividend of $0.08 per share and currently has a dividend yield of 0.65%. The dividend payout ratio is 12.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ASAI will have a dividend payout ratio of 7.48% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ASAI.
What is Sendas Distribuidora's stock symbol?: Sendas Distribuidora trades on the New York Stock Exchange (NYSE) under the ticker symbol "ASAI."
Who are Sendas Distribuidora's major shareholders?: Sendas Distribuidora's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Coronation Fund Managers Ltd. (2.83%), BlackRock Inc. (0.17%), Dimensional Fund Advisors LP (0.12%), BTG Pactual Global Asset Management Ltd (0.08%), O Brien Greene & Co. Inc (0.07%) and Fiera Capital Corp (0.06%).
How do I buy shares of Sendas Distribuidora?: Shares of ASAI 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 Sendas Distribuidora's stock price today?: One share of ASAI stock can currently be purchased for approximately $12.44.
How much money does Sendas Distribuidora make?: Sendas Distribuidora (NYSE:ASAI) has a market capitalization of $3.36 billion and generates $60.87 billion in revenue each year. The company earns $236.31 million in net income (profit) each year or $0.66 on an earnings per share basis.
How many employees does Sendas Distribuidora have?: The company employs 73,898 workers across the globe.
How can I contact Sendas Distribuidora?: The official website for the company is ri.assai.com.br. The company can be reached via phone at 55-11-3411-5042 or via email at ri.assai@assai.com.

This page (NYSE:ASAI) was last updated on 9/21/2023 by MarketBeat.com Staff

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