Ambev S.A. ADR (NYSE: ABEV) Now -2.02% Off Its High ($2.51), Does Analysts See Headwinds And Risks?

Ambev S.A. ADR (NYSE:ABEV) currently has a daily average trading volume of 33.85M but it saw 47965028 shares traded in last market. With a market cap of 38.70B USD, the company’s current market price of $2.46 came rising about 0.41 while comparing to the previous closing price of $2.45. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.51 and as low as $1.76. In the recent trading on the day, stock has struck highest price mark of $2.44 while lowest mark touched by it was $2.47.

Taking a look at 20-day trading activity of Ambev S.A. ADR (ABEV) gives us an average price of $2.33, while its current price level is -2.02% below from 52-week high level whereas it is 39.77% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.21 while that of 200 days or SMA-200 reads an average of $2.17. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.96% during that period while stretching the period over a month that increases to 3.11%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 65.30 which implies that the stock is in neutral territory.

Over the week, ABEV’s stock price is moving 5.58% up while it is 5.58% when we observe its performance for the past one month. Year-to-date it is 32.97% up and over the past year, the stock is showing an upside performance of 9.06%.

The company is expected to be releasing its next quarterly report on 2025-Feb-25, for which analysts forecasted an EPS of 0.04 while estimate for next year EPS is 0.17. In next quarter, company is expected to be making quarterly sales of $21.54B as analysts are expecting the sales for current fiscal year at $95.34B and seeing the company making $100.49B in sales next year. Moreover, analysts are in estimates of $22.36B for current-quarter revenue.

Currently, Ambev S.A. ADR’s total number of outstanding shares is 15.73B with 0.01% of that held by the insiders while 9.28% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 16.34% and return on equity (ROE) at 16.55%. It has a price to earnings ratio (P/E ratio) of 14.59 while having a 13.78 of forward P/E ratio. Stock’s beta reads 0.82. Stock has a price to book (P/B) ratio of 2.42 while price to sale or P/S ratio amounts to 2.34. Its return on asset (ROA) is 9.75% on average.