Sunday, April 11, 2021

Ambev S.A. [ABEV] is -11.11% lower this YTD. Is it still time to buy?

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Ambev S.A. [NYSE: ABEV] surged by $0.05 during the normal trading session on Monday and reaching a high of $2.76 during the day while it closed the day at $2.72. The company report on March 20, 2021 that Ambev’s 2020 Annual Report on Form 20-F Available on Our Website.

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Ambev S.A. [B3: ABEV3; NYSE: ABEV] announces that the Company’s annual report on Form 20-F for the year ended December 31, 2020 was filed with the U.S. Securities and Exchange Commission – SEC (www.sec.gov) on March 19, 2021 and is available on the Company’s website (ri.ambev.com.br) and also on the Company’s page on SEC’s database (www.sec.gov/edgar/). ADR holders may receive a hard copy of the Company’s complete audited financial statements contained in the Form 20-F, free of charge, upon request.


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Ambev S.A. stock has also gained 1.49% of its value over the past 7 days. However, ABEV stock has declined by -11.11% in the 3 months of the year. Over the past six months meanwhile, it has gained 23.52% and lost -11.11% year-on date.

The market cap for ABEV stock reached $42.81 billion, with 15.74 billion shares outstanding and 4.40 billion shares in the current float. Compared to the average trading volume of 24.85M shares, ABEV reached a trading volume of 18795095 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Ambev S.A. [ABEV]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ABEV shares is $3.24 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ABEV stock is a recommendation set at 3.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Citigroup have made an estimate for Ambev S.A. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 03, 2020. The new note on the price target was released on July 31, 2020, representing the official price target for Ambev S.A. stock.

The Average True Range (ATR) for Ambev S.A. is set at 0.10, with the Price to Sales ratio for ABEV stock in the period of the last 12 months amounting to 4.24. The Price to Book ratio for the last quarter was 3.35.

ABEV stock trade performance evaluation

Ambev S.A. [ABEV] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.49. With this latest performance, ABEV shares gained by 2.26% in over the last four-week period, additionally plugging by 23.52% over the last 6 months – not to mention a rise of 20.85% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ABEV stock in for the last two-week period is set at 49.08, with the RSI for the last a single of trading hit 49.68, and the three-weeks RSI is set at 48.55 for Ambev S.A. [ABEV]. The present Moving Average for the last 50 days of trading for this stock 2.76, while it was recorded at 2.71 for the last single week of trading, and 2.67 for the last 200 days.

Ambev S.A. [ABEV]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Ambev S.A. [ABEV] shares currently have an operating margin of +23.42 and a Gross Margin at +49.90. Ambev S.A.’s Net Margin is presently recorded at +19.49.

Return on Total Capital for ABEV is now 18.79, given the latest momentum, and Return on Invested Capital for the company is 16.31. Return on Equity for this stock inclined to 16.85, with Return on Assets sitting at 9.77. When it comes to the capital structure of this company, Ambev S.A. [ABEV] has a Total Debt to Total Equity ratio set at 6.49. Additionally, ABEV Total Debt to Total Capital is recorded at 6.10, with Total Debt to Total Assets ending up at 3.72. Long-Term Debt to Equity for the company is recorded at 2.78, with the Long-Term Debt to Total Capital now at 2.61.

Reflecting on the efficiency of the workforce at the company, Ambev S.A. [ABEV] managed to generate an average of $227,588 per employee. Receivables Turnover for the company is 7.22 with a Total Asset Turnover recorded at a value of 0.50.

Earnings per share (EPS) analysis for Ambev S.A. [ABEV] stock

With the latest financial reports released by the company, Ambev S.A. posted 0.07/share EPS, while the average EPS was predicted by analysts to be reported at 0.06/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 16.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ABEV. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Ambev S.A. go to -13.40%.

Ambev S.A. [ABEV]: Insider Ownership positions

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Positions in Ambev S.A. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 128 institutional holders increased their position in Ambev S.A. [NYSE:ABEV] by around 191,063,763 shares. Additionally, 130 investors decreased positions by around 173,315,693 shares, while 41 investors held positions by with 955,877,043 shares. The mentioned changes placed institutional holdings at 1,320,256,499 shares, according to the latest SEC report filing. ABEV stock had 32 new institutional investments in for a total of 89,841,510 shares, while 31 institutional investors sold positions of 20,223,063 shares during the same period.

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