Shares of Consumer Staples sector company Ambev moved -1.3% today, and are now trading at a price of $3.09. The large-cap stock's daily volume was 20,357,317 compared to its average volume of 16,119,300. The S&P 500 index returned a -0.0% performance.
Ambev S.A., through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, other non-alcoholic beverages, malt, and food products. The company is based in São Paulo and has 52,000 full time employees. Its market capitalization is $48,659,775,488. Ambev currently offers its equity investors a dividend that yields 24.3% per year.
7 analysts are following Ambev and have set target prices ranging from $2.7 to $5.0 per share. On average, they have given the company a rating of buy. At today's prices, ABEV is trading -14.64% away from its average analyst target price of $3.62 per share.
Over the last year, ABEV's share price has increased by 23.1%, which represents a difference of 6.0% when compared to the S&P 500. The stock's 52 week high is $3.24 per share whereas its 52 week low is $2.4. With average free cash flows of $14.2 Billion that have been growing at an average rate of 1.5% over the last 4 years, Ambev is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cashflow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 20,642,200 | -6,533,100 | 14,109,100 | -7.32 |
| 2021-12-31 | 22,901,000 | -7,677,100 | 15,223,900 | 7.49 |
| 2020-12-31 | 18,855,800 | -4,692,700 | 14,163,100 | 6.39 |
| 2019-12-31 | 18,381,300 | -5,069,400 | 13,311,900 | n/a |
