NYSE:TIMB

TIM - TIMB Stock Forecast, Price & News

$12.19

-0.03 (-0.25%)

(As of 08/17/2022 12:00 AM ET)

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Today's Range: $11.98
▼
$12.27
50-Day Range: $11.51
▼
$13.12
52-Week Range: $9.81
▼
$15.61

Volume: 516,647 shs
Average Volume: 570,856 shs
Market Capitalization: $5.90 billion

P/E Ratio: 11.50
Dividend Yield: 2.70%
Price Target: $17.50

TIM MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 43.6% Upside
$17.50 Price Target
Short Interest: Healthy
0.15% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.32
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 20.00%
From $0.55 to $0.66 Per Share

Overall MarketRank^™

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

2.68 out of 5 stars

Computer And Technology Sector

133rd out of 667 stocks

Telephone Communication, Except Radio Industry

8th out of 28 stocks

3.5

Analyst's Opinion

Consensus Rating
TIM 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 $17.50, TIM has a forecasted upside of 43.6% from its current price of $12.19.
Amount of Analyst Coverage
TIM has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.15% of the float of TIM has been sold short.
Short Interest Ratio / Days to Cover
TIM has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in TIM has recently increased by 6.56%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
TIM pays a meaningful dividend of 2.70%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
TIM does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of TIM is 31.13%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, TIM will have a dividend payout ratio of 50.00% next year. This indicates that TIM 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 TIMB.

1.8

News and Social Media Coverage

News Sentiment
TIM has a news sentiment score of 0.32. 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 0.46 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for TIM this week, compared to 0 articles on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TIM insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 5.02% of the stock of TIM is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for TIM are expected to grow by 20.00% in the coming year, from $0.55 to $0.66 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of TIM is 11.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.19.
Price to Earnings Ratio vs. Sector
The P/E ratio of TIM is 11.50, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 410.28.
Price to Earnings Growth Ratio
TIM has a PEG Ratio of 1.35. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
TIM has a P/B Ratio of 1.15. 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 TIM (NYSE:TIMB) Stock

TIM S.A. operates as a telecommunications company in Brazil. The company provides mobile voice and data services, broadband internet access, value-added services, and other telecommunications services and products. It also offers fixed-line ultra-broadband and TIM Live services, as well as WTTx technology through Ultrafibra services and IoT solutions. In addition, the company provides prepaid and postpaid services; corporate solutions for mobile or fixed services, as well as mobile-to-mobile services; value-added services; financial and other services; digital channels; and customer services. Further, it offers landline switched telephone services, national long-distance and international long-distance voice services, personal mobile services, and multimedia communication services; sells various mobile handsets and accessories through its dealer network, which includes its own stores, exclusive franchises, and authorized dealers; and offers co-billing services to other telecommunication service providers. The company provides its services for individuals, as well as corporate solutions for small, medium, and large companies. As of December 31, 2021, it served a subscriber base of 52.6 million customers; and had approximately 12.8 thousand points of sale, including 158 company owned stores, as well as had approximately 212 thousand points of sales to access prepaid phone services through supermarkets, newsstands, and other small retailers. The company was incorporated in 1998 and is headquartered in Rio de Janeiro, Brazil. TIM S.A. is a subsidiary of TIM Brasil Serviços e Participações S.A.

TIM Stock Down 0.2 %

NYSE:TIMB traded down $0.03 during trading hours on Wednesday, reaching $12.19. 516,647 shares of the company traded hands, compared to its average volume of 570,856. The company has a current ratio of 0.90, a quick ratio of 0.88 and a debt-to-equity ratio of 0.61. The business's 50-day moving average price is $12.14 and its two-hundred day moving average price is $13.14. TIM has a 1 year low of $9.81 and a 1 year high of $15.61. The stock has a market capitalization of $5.90 billion, a P/E ratio of 11.49, a P/E/G ratio of 1.35 and a beta of 0.76.

TIM (NYSE:TIMB - Get Rating) last issued its quarterly earnings results on Tuesday, August 2nd. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.09). The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1.07 billion. TIM had a net margin of 13.92% and a return on equity of 7.69%. Analysts predict that TIM will post 0.55 earnings per share for the current year.

TIM Dividend Announcement

The company also recently announced a Variable dividend, which was paid on Wednesday, July 27th. Stockholders of record on Monday, June 27th were paid a $0.0822 dividend. The ex-dividend date was Friday, June 24th. This represents a dividend yield of 2.77%. TIM's dividend payout ratio is presently 31.13%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Barclays raised their price objective on TIM to $17.50 in a research report on Monday. TheStreet lowered shares of TIM from a "b" rating to a "c+" rating in a research note on Tuesday, June 21st.

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TIMB Stock News Headlines

August 17, 2022 | americanbankingnews.com

TIM (NYSE:TIMB) Given New $17.50 Price Target at Barclays

August 12, 2022 | nasdaq.com

TIMB Makes Bullish Cross Above Critical Moving Average

August 18, 2022 | Tradewins (Ad)

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August 10, 2022 | americanbankingnews.com

TIM (NYSE:TIMB) Price Target Increased to $17.50 by Analysts at Barclays

August 5, 2022 | americanbankingnews.com

Tim S.A. (NYSE:TIMB) Short Interest Update

July 28, 2022 | finance.yahoo.com

Alluvial Capital Management: “Poor TIM”

July 19, 2022 | investorplace.com

Why Is Neuronetics (STIM) Stock Up 12% Today?

July 13, 2022 | benzinga.com

Short Volatility Alert: TIM S.A.

August 18, 2022 | Investing Daily (Ad)

27 U.S. Cities Where Stocks Yield 26% a Year

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July 5, 2022 | morningstar.com

TIM SA ADR - Stock Price vs Fair Value TIMB

May 31, 2022 | morningstar.com

TIM SA ADR - Stock Operating Performance TIMB

May 20, 2022 | benzinga.com

TIM (NYSE:TIMB), Short Interest Report

April 15, 2022 | finance.yahoo.com

TIM - NOTICE TO THE MARKET - Filing of annual report on Form 20-F for the year ended in December 31, 2021

April 8, 2022 | nasdaq.com

Recent Price Trend in TIM S.A. Sponsored ADR (TIMB) is Your Friend, Here's Why

April 8, 2022 | finance.yahoo.com

Brendan Gallagher accuses Tim Stutzle of faking injuries: 'It's embarrassing'

March 25, 2022 | sg.finance.yahoo.com

CVC running its eye over reorganisation at Italy's TIM

March 23, 2022 | msn.com

Here's Why Momentum in TIM S.A. Sponsored ADR (TIMB) Should Keep going

March 22, 2022 | uk.finance.yahoo.com

United Rugby Championship: Six-try Stormers cruise to victory over Cardiff

March 21, 2022 | stocknews.com

3 Top Income Stocks to Buy This Month

March 21, 2022 | uk.finance.yahoo.com

City man to run 1,500 MILES to raise £150k for Ukrainian refugees

March 20, 2022 | ca.finance.yahoo.com

Blue Cross Life Announces Tim Mawhinney as new President & Chief Executive Officer

January 27, 2022 | investorplace.com

Chrono.tech (TIME) Crypto Takes Off After a Sizable Fundraise From Mark Carnegie

October 25, 2021 | finance.yahoo.com

Hedge Funds Are Betting On Ionis Pharmaceuticals, Inc. (IONS)

October 25, 2021 | markets.businessinsider.com

TIM earnings: here's what Wall Street expects

October 7, 2021 | ca.finance.yahoo.com

TIM S.A. (TIMB)

September 28, 2021 | finance.yahoo.com

Massive illegal streaming crackdown launched after true scale of illicit live streams revealed

July 29, 2021 | finance.yahoo.com

Were These Hedge Funds Right About Dumping Stag Industrial Inc (STAG)?

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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TIMB Company Calendar

Ex-Dividend for 7/27 Dividend: 6/24/2022
Dividend Payable: 7/27/2022
Last Earnings: 8/02/2022
Today: 8/17/2022
Next Earnings (Estimated): 10/24/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Telephone communication, except radio
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSE:TIMB
CUSIP: N/A
CIK: 1826168
Web: www.tim.com.br
Phone: 552141094167
Fax: 55-21-4009-3990
Employees: 9,337
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $17.50
High Stock Price Forecast: $17.50
Low Stock Price Forecast: $17.50
Forecasted Upside/Downside: +43.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.06
Trailing P/E Ratio: 11.50
Forward P/E Ratio: 22.16
P/E Growth: 1.35
Net Income: $547.96 million
Net Margins: 13.92%
Pretax Margin: 14.69%
Return on Equity: 7.69%
Return on Assets: 3.91%

Debt

Debt-to-Equity Ratio: 0.61
Current Ratio: 0.90
Quick Ratio: 0.88

Sales & Book Value

Annual Sales: $3.35 billion
Price / Sales: 1.76
Cash Flow: $3.00 per share
Price / Cash Flow: 4.06
Book Value: $10.63 per share
Price / Book: 1.15

Miscellaneous

Outstanding Shares: 484,160,000
Free Float: 484,160,000
Market Cap: $5.90 billion
Optionable: Optionable
Beta: 0.76

Key Executives

Mr. Alberto Mario Griselli (Age 53)
CEO & Director
Ms. Camille Loyo Faria (Age 49)
CFO & Investor Relations Officer
Mr. Jaques Horn (Age 58)
Legal Officer & Sec.
Ms. Maria Antonietta Russo (Age 50)
HR & Organization Officer
Mr. Leonardo De Carvalho Capdeville (Age 53)
Chief Technology Information Officer
Mr. Renato Ciuchini
VP and Head of Strategy & Transformation
Mr. Mario Girasole (Age 54)
Regulatory & Institutional Affairs Officer
Vicente Ferreira
Investor Relations Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TIMB Stock - Frequently Asked Questions

Should I buy or sell TIM stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TIM in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TIMB shares.
View TIMB analyst ratings or view top-rated stocks.
What is TIM's stock price forecast for 2022?: 3 equities research analysts have issued 12-month price targets for TIM's shares. Their TIMB share price forecasts range from $17.50 to $17.50. On average, they anticipate the company's stock price to reach $17.50 in the next year. This suggests a possible upside of 43.6% from the stock's current price.
View analysts price targets for TIMB or view top-rated stocks among Wall Street analysts.
How have TIMB shares performed in 2022?: TIM's stock was trading at $11.64 at the beginning of the year. Since then, TIMB shares have increased by 4.7% and is now trading at $12.19.
View the best growth stocks for 2022 here.
Are investors shorting TIM?: TIM saw a decrease in short interest during the month of July. As of July 15th, there was short interest totaling 695,400 shares, a decrease of 16.6% from the June 30th total of 833,400 shares. Based on an average trading volume of 498,900 shares, the short-interest ratio is presently 1.4 days. Currently, 0.1% of the shares of the stock are short sold.
View TIM's Short Interest.
When is TIM's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, October 24th 2022.
View our TIMB earnings forecast.
How were TIM's earnings last quarter?: Tim S.A. (NYSE:TIMB) posted its earnings results on Tuesday, August, 2nd. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.22 by $0.09. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1.07 billion. TIM had a trailing twelve-month return on equity of 7.69% and a net margin of 13.92%.

How often does TIM pay dividends? What is the dividend yield for TIM?: TIM announced a Variable dividend on Tuesday, June 21st. Stockholders of record on Monday, June 27th will be paid a dividend of $0.0822 per share on Wednesday, July 27th. This represents a yield of 2.77%. The ex-dividend date of this dividend is Friday, June 24th.
Read our dividend analysis for TIMB.
Is TIM a good dividend stock?: TIM (NYSE:TIMB) pays an annual dividend of $0.33 per share and currently has a dividend yield of 2.70%. The dividend payout ratio is 31.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TIMB will have a dividend payout ratio of 50.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TIMB.
What is TIM's stock symbol?: TIM trades on the New York Stock Exchange (NYSE) under the ticker symbol "TIMB."
Who are TIM's major shareholders?: TIM's stock is owned by a variety of institutional and retail investors. Top institutional investors include Pictet Asset Management SA (0.57%), Macquarie Group Ltd. (0.37%), JPMorgan Chase & Co. (0.31%), Renaissance Technologies LLC (0.15%), State Street Corp (0.09%) and Lazard Asset Management LLC (0.07%).
How do I buy shares of TIM?: Shares of TIMB 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 TIM's stock price today?: One share of TIMB stock can currently be purchased for approximately $12.19.
How much money does TIM make?: TIM (NYSE:TIMB) has a market capitalization of $5.90 billion and generates $3.35 billion in revenue each year. The company earns $547.96 million in net income (profit) each year or $1.06 on an earnings per share basis.
How many employees does TIM have?: The company employs 9,337 workers across the globe.
How can I contact TIM?: TIM's mailing address is Joao Cabral de Melo Neto Avenue 850 - North Tower - 12th floor, Rio de Janeiro D5, 22775. The official website for the company is www.tim.com.br. The company can be reached via phone at 552141094167 or via fax at 55-21-4009-3990.

This page (NYSE:TIMB) was last updated on 8/18/2022 by MarketBeat.com Staff

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