Ambev S.A. (ABEV) Hit Yearly Low on Jun, 26 at $4.76

June 26, 2018 - By Daniel Cummings

Ambev S.A. (NYSE:ABEV) Corporate Logo

The company Ambev S.A. (NYSE:ABEV) hit one-year low with $4.61 target or 3.00 % below today’s $4.76 stock price. The one-year low was published on Jun, 26 by Barchart.com. Ambev S.A. (NYSE:ABEV) has $73.19B MC. $2.20 billion less could be NYSE:ABEV valuation at $4.61 share price.

Ticker’s shares touched $4.755 during the last trading session after 1.76% change.Currently Ambev S.A. is downtrending after 4.72% change in last June 26, 2017. ABEV has also 6.61M shares volume. The stock underperformed the S&P 500 by 17.29%.

Ambev S.A. (NYSE:ABEV)’s earnings report is awaited on July, 26., RTT reports. EPS of $0.06 is 50.00 % up from 2017’s $0.04 EPS. This could hit $923.57 million profit for ABEV assuming the current $0.06 EPS will become reality. 20.00 % EPS growth is what Wall Street’s predicts after $0.05 reported EPS last quarter.

Ambev S.A. (NYSE:ABEV) Ratings Coverage

Total analysts of 2 have positions in Ambev S.A. American Depositary Shares (Each representing 1 Common Share) (NYSE:ABEV) as follows: 1 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 50%. The firm has $7.5 highest while $5.6000 is the lowest price target. The average target $6.05 is 27.23% above the last ($4.755) price. Since April 9, 2018 according to StockzIntelligence Inc Ambev S.A. American Depositary Shares (Each representing 1 Common Share) has 3 analyst reports. On Tuesday, May 22 the firm has “Overweight” rating by JP Morgan given. In Monday, June 18 report J.P. Morgan downgraded it to “Hold” rating and $5.6000 target. In Monday, April 9 report JP Morgan maintained it with “Overweight” rating and $7.5 target.

Ambev S.A., through its subsidiaries, produces, distributes, and sells beer, draft beer, soft drinks, other non-alcoholic beverages, malt, and food in the Americas.The company has $73.19 billion market cap. The firm operates through Latin America North, Latin America South, and Canada divisions.The P/E ratio is 37.44. It offers beers primarily under the Skol, Brahma, Quilmes Cristal, Stella Artois, Paceña, Taquiña, Huari, Antarctica Becker, Beck, Leffe, Corona, Báltica, Pilsen, Patricia, Presidente, Brahma Light, President Light, Bohemia, The One, Becker, Bud Light, Ouro Fino, Modelo Especial, Brahva, Brahva Gold, Extra, Hoegaarden, and Budweiser brands.

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