With 15.46 million shares changed hands, the volume of the stock remained heavier than its average volume of 13.35 million shares. During the session, the Beverages – Brewers company that operates in wider Consumer Defensive sector, reached to the highest price of $2.44 whereas the lowest price it dropped to was $2.375. The 52-week range on ABEV shows that it touched its highest point at $3.06 and its lowest point at $2.23 during that stretch. It currently has a 1-year price target of $3.45. With its current market cap of 37.97 billion, ABEV has annualized dividend of $0.15 while the current yield stands at 6.27%. ABEV paid its most recent dividend on 1703203200, while the ex-dividend date for that was 1703203200. Beta for the stock currently stands at 1.11.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ABEV was up-trending over the past week, with a rise of 4.78%, but this was down by -1.63% over a month. Three-month performance dropped to -8.71% while six-month performance rose 0.45%. The stock lost -9.24% in the past year, while it has lost -13.93% so far this year. A look at the trailing 12-month EPS for ABEV yields 0.18 with Next year EPS estimates of 0.20. For the next quarter, that number is 0.04. This implies an EPS growth rate of -4.46% for this year and 9.98% for next year. EPS is expected to grow by 6.60% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -0.78%.
Float and Shares Shorts:
At present, 15.75 billion ABEV shares are outstanding with a float of 15.75 billion shares on hand for trading. On 2024-04-15, short shares totaled 5.09 million, which was 2.9999999 higher than short shares on 1710460800. In addition to Mr. Jean Jereissati Neto as the firm’s CEO & Member of Executive Board, Mr. Lucas Machado Lira serves as its Member of Board of Executive Officers, Chief Financial & IR and Shared Services Officer.
Institutional Ownership:
Through their ownership of 0.08364 of ABEV’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2023-12-31, ABEV reported revenue of $19989278000.0 and operating income of $5799051000.0. The EBITDA in the recently reported quarter was $8676299000.0 and diluted EPS was $nan.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ABEV since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
