With 27.99 million shares changed hands, the volume of the stock remained lighter than its average volume of 31.99 million shares. The 52-week range on ABEV shows that it touched its highest point at $2.59 and its lowest point at $1.76 during that stretch. It currently has a 1-year price target of $3.02. With its current market cap of 38.70 billion, ABEV has annualized dividend of $0.09 while the current yield stands at 3.70%. Beta for the stock currently stands at 0.83.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ABEV was down-trending over the past week, with a drop of -1.20%, but this was up by 1.65% over a month. Three-month performance surged to 33.70% while six-month performance rose 10.50%. The stock gained 7.19% in the past year, while it has gained 32.97% so far this year. A look at the trailing 12-month EPS for ABEV yields 0.17 with Next year EPS estimates of 0.18. For the next quarter, that number is 0.04. This implies an EPS growth rate of 8.26% for this year and 5.36% for next year. EPS is expected to grow by 7.31% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -2.17%.
Float and Shares Shorts:
At present, 15.73 billion ABEV shares are outstanding with a float of 15.73 billion shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ABEV since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.01217 being high and $0.90563 being low. For ABEV, this leads to a yearly average estimate of $0.9589.
