Ambev S.A. (ABEV): Key fundamentals of ABEV

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Ambev S.A. (NYSE:ABEV) changes shares on Friday trading session, with a change of 0.39% or $0.01 shares. The trading starts at $2.60 and closed at $2.59 throughout the day. The trading session low price was $2.58 and day high was $2.65 on Friday, June 19. After the session, the Consumer Defensive sector daily volume shifted to 44.84 million while its average volume is 32.85M. In other hand, the ABEV market cap reached to $40.91B. While, its current target price is $2.60 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -4.06% and up 19.82% for month. Its quarterly performance was 8.33% above, while its half year performance is down -43.02%. ABEV yearly performance stood at negative -44.68% and fall -44.21% for year-to-date. Current recommendation for Ambev S.A. is 3.10.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. ABEV EPS (TTM) for 12-month is 0.18. EPS for this year is -47.40%, while for the next year its value is 0.14. Its EPS Q/Q reached -59.00%. It has an EPS of 39.83% up for past five years and for the next five years will be down -8.20%.

Let’s take a look on the analyst recommendations on ABEV for the current month and previous month. For the current month, 3 of 15 analysts recommend stock as Buy while 4 as Sell, 1 as overweight, 1 as underweight and 6 as Hold. As compared with the previous month ratings, 15 analysts participate in stock recommendation. Out of 15, 4 rated it sell, 3 rated it as Buy and 7 as Hold Ratings. On the other hand, target price ranges from $2.20-$3.50. Average target price for ABEV was reached at $2.86.

Harding Loevner LLC, First Eagle Investment Management, LLC and Vontobel Asset Management, Inc. are the top three holders in Ambev S.A. (ABEV) stock. On Mar 30, 2020, Harding Loevner LLC has 204.12 million shares which valued 469.49 million. On Mar 30, 2020, First Eagle Investment Management, LLC owned 165.13 million shares which valued at 379.8 million. On Mar 30, 2020, Vontobel Asset Management, Inc. has a total of 106.67 million shares which valued at 245.34 million. In the end, Vontobel Asset Management, Inc. have 8.32% shares outstanding of Ambev S.A. (ABEV) on Mar 30, 2020. The institutional holding shifted to 8.30%.

The company posted an EPS (TTM) of 0.18. According to the most recent quarter report on (Jun 2020), 5 analysts estimated an average EPS of 0.01, while 0.04 EPS posted a year ago period. Analyst Estimated EPS for ABEV published in the report was -0.01-0.02 during the same period. Comparing with last year, the average estimated EPS was 0.04 which is higher than 0.02 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for ABEV fall -27.34% for period of 200 days. SMA for 50 days was 11.99% which is showing green signal, while SMA-20 was 1.19%. The moving average value for Ambev S.A. (ABEV) is 3.2185 and 2.3835 for 200 and 50 days respectively.