Shares of Ambev have moved -2.1% today, and are now trading at a price of $2.29. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 39,671,114 compared to the stock's average volume of 26,682,259.
Ambev S.A., through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, malt and food, other alcoholic beverages, and non-alcoholic and non-carbonated products in Brazil, Central America and Caribbean, Latin America South, and Canada. Based in São Paulo, Brazil the company has 43,000 full time employees and a market cap of $37,538,594,816. Ambev currently offers its equity investors a dividend that yields 31.2% per year.
The company is now trading -25.14% away from its average analyst target price of $3.06 per share. The 10 analysts following the stock have set target prices ranging from $2.0 to $5.0, and on average give Ambev a rating of buy.
Over the last 12 months ABEV shares have declined by -20.8%, which represents a difference of -52.5% when compared to the S&P 500. The stock's 52 week high is $3.0 per share and its 52 week low is $2.01. With its net margins declining an average -3.3% over the last 6 years, Ambev declining profitability gives us reason to believe its stock price will continue to underwhelm.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 79,736,900 | 14,960,400 | 19 | 0.0 |
| 2022 | 79,708,800 | 14,891,200 | 19 | 5.56 |
| 2021 | 72,854,300 | 13,122,600 | 18 | -10.0 |
| 2020 | 58,379,000 | 11,731,900 | 20 | -13.04 |
| 2019 | 52,005,100 | 12,188,400 | 23 | 0.0 |
| 2018 | 50,231,300 | 11,347,700 | 23 |
