Ambev S.A. (ABEV)

NYSE: ABEV · Real-Time Price · USD
2.374
-0.036 (-1.50%)
Oct 8, 2024, 3:09 PM EDT - Market open
-1.50%
Market Cap 37.72B
Revenue (ttm) 14.52B
Net Income (ttm) 2.59B
Shares Out 15.73B
EPS (ttm) 0.16
PE Ratio 14.55
Forward PE 14.50
Dividend $0.15 (6.33%)
Ex-Dividend Date Dec 22, 2023
Volume 23,548,743
Open 2.380
Previous Close 2.410
Day's Range 2.350 - 2.395
52-Week Range 2.010 - 3.000
Beta 0.53
Analysts Hold
Price Target 2.68 (+12.89%)
Earnings Date Oct 29, 2024

About ABEV

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. It offers beer primarily under the Skol, Brahma, Antarctica, Brahva, Budweiser, Bud Light, Beck, Leffe, Hoegaarden, Balboa ICE, Balboa, Atlas Golden Light, Atlas, Bucanero, Cristal, Mayabe, Presidente, Presidente Light, Brahma Light, Bohemia, The One, Co... [Read more]

Founded 1885
Employees 42,774
Stock Exchange NYSE
Ticker Symbol ABEV
Full Company Profile

Financial Performance

In 2023, Ambev's revenue was 79.74 billion, an increase of 0.04% compared to the previous year's 79.71 billion. Earnings were 14.50 billion, an increase of 0.30%.

Financial numbers in BRL Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for ABEV stock is "Hold." The 12-month stock price forecast is $2.68, which is an increase of 12.89% from the latest price.

Price Target
$2.68
(12.89% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Ambev Q2: Many Positive Trends

Ambev reported good results, beating market revenue and profit estimates. Ambev's revenues increased by 6.1% YoY, driven by strong performance in Brazil and CAC, despite weaker results in LAS and Cana...

5 weeks ago - Seeking Alpha

Ambev S.A. (ABEV) Q2 2024 Earnings Call Transcript

Ambev S.A. (NYSE:ABEV) Q2 2024 Earnings Conference Call August 1, 2024 11:30 AM ET Company Participants Jean Jereissati - Chief Executive Officer Lucas Lira - Chief Financial & Investor Relations Con...

2 months ago - Seeking Alpha

Legal cannabis sales eat into beer revenue, survey data shows

Consumer surveys in Canada and the U.S. show that alcohol consumption is down in areas where adults have the option to consume legal cannabis, Bernstein analyst Nadine Sarwat said in a research note o...

Other symbols: BUDCGCCRONDEOSAMSTZTAP
3 months ago - Market Watch

Ambev S.A. (ABEV) Q1 2024 Earnings Call Transcript

Ambev S.A. (NYSE:ABEV) Q1 2024 Results Conference Call May 8, 2024 11:30 AM ET Company Participants Jean Jereissati - Chief Executive Officer Lucas Lira - Chief Financial and Investor Relations Confe...

5 months ago - Seeking Alpha

Ambev: Discounted Valuation Compared To Competitors Makes No Sense

Ambev's scale and global position is a major competitive advantage, as it mitigates specific risks in each country in which it operates. The company has good prospects for increasing margins due to th...

5 months ago - Seeking Alpha

Ambev S.A.: Diversify Out Of U.S. Assets With Beer Made In Brazil

The potential for an outlier U.S. dollar decline and the need for portfolio diversification make Ambev S.A. an attractive foreign investment. Ambev is trading at its cheapest valuation since the 2009 ...

5 months ago - Seeking Alpha

Ambev: A Currency That Produces Beer

Ambev's valuation is strongly tied to the strength of the Brazilian Real. Ambev is a wide-moat company in the markets it operates in, with strong profitability and a solid balance sheet. Ambev's valua...

6 months ago - Seeking Alpha

Ambev: A Dominant Beer Producer With Currency And Commodity Risk

Ambev is a dominant brewer in Latin America, holding monopoly-like positions in several large markets and enjoying strong market shares. The company's exceptional profitability is attributed to its ma...

7 months ago - Seeking Alpha

AMBEV'S 2023 ANNUAL REPORT ON FORM 20-F AVAILABLE ON OUR WEBSITE

SÃO PAULO, March 11, 2024 /PRNewswire/ -- Ambev S.A. [B3: ABEV3; NYSE: ABEV] announces that the Company's annual report on Form 20-F for the year ended December 31, 2023 was filed with the U.S. Securi...

7 months ago - PRNewsWire

International Wide-Moat Stocks On Sale - The March 2024 Heat Map

Our 3-step process focuses on wide-moat stocks (as per Morningstar's rating). We are only interested in those targets that are attractively valued in historical comparison. We share the heat map of th...

Other symbols: AZNBABABIDUBTIBUDGSKJD
7 months ago - Seeking Alpha

Ambev S.A. (ABEV) Q4 2023 Earnings Call Transcript

Ambev S.A. (ABEV) Q4 2023 Earnings Call Transcript

7 months ago - Seeking Alpha

International Wide-Moat Stocks On Sale - The February 2024 Heat Map

Our 3-step process focuses on wide-moat stocks (as per Morningstar's rating). We are only interested in those targets that are attractively valued in historical comparison.

8 months ago - Seeking Alpha

Alcohol trends and stocks for investors to watch

Spirits are gaining their share in the US alcohol market as consumer demographics — both men and women — are diversifying their palettes and becoming more open to what they drink. Nadine Sarwat, Berns...

Other symbols: BUDSAMSTZTAP
8 months ago - Yahoo Finance

Five-star fund manager bets on cheap AI, beer and China plays

What are big money managers worried about? “The problem is we're priced for a soft landing.

Other symbols: METAORCLXOM
9 months ago - Market Watch

Ambev S.A. (ABEV) Q3 2023 Earnings Call Transcript

Ambev S.A. (NYSE:ABEV) Q3 2023 Earnings Conference Call October 31, 2023 11:30 AM ET Company Participants Jean Jereissati – Chief Executive Officer Lucas Lira – Chief Financial, Investor Relations an...

1 year ago - Seeking Alpha

International Wide-Moat Stocks On Sale - The October 2023 Heat Map

Our 3-step process focuses on wide-moat stocks (as per Morningstar's rating). We are only interested in those targets that are attractively valued in historical comparison. We share the heat map of th...

Other symbols: BTIBUDDEOGSKJDMDT
1 year ago - Seeking Alpha

Ambev SA: Banking On New Combinations And Innovation To Raise Revenue

Ambev has been operating profitably for the past two decades with an annual gross profit margin (TTM) of 49.95%. Ambev's BEES digital marketplace entered the COVID-19 pandemic with only 750,000 custom...

1 year ago - Seeking Alpha

Ambev: Improving Operating Metrics With Healthy Dividend Yield, Buy

Ambev faced a shrinking bottom line during the past year and a half as higher commodity prices squeezed gross margins. Trends have improved in Brazil beer driven by increasing market share within the ...

1 year ago - Seeking Alpha

International Wide-Moat Stocks On Sale - The August 2023 Heat Map

Our 3-step process focuses on wide-moat stocks (as per Morningstar's rating). We are only interested in those targets that are attractively valued in historical comparison. We share the heat map of th...

Other symbols: SNYTSM
1 year ago - Seeking Alpha

International Wide-Moat Stocks On Sale - The June 2023 Heat Map

Our 3-step process focuses on wide-moat stocks (as per Morningstar's rating). We are only interested in those targets that are attractively valued. We share the heat map of the most investable candida...

Other symbols: BUDSNYTDTSM
1 year ago - Seeking Alpha

International Wide-Moat Stocks On Sale - The May 2023 Heat Map

Our 3-step process focuses on wide-moat stocks (as per Morningstar's rating). We are only interested in those targets that are attractively valued in historical comparison.

Other symbols: ALLEBUDJDTDTSM
1 year ago - Seeking Alpha

Ambev S.A. (ABEV) Q1 2023 Earnings Call Transcript

Ambev S.A. (NYSE:ABEV) Q1 2023 Earnings Conference Call May 4, 2023 11:30 AM ET Company Participants Jean Jereissati – Chief Executive Officer Lucas Lira – Chief Financial and Investor Relations Offi...

1 year ago - Seeking Alpha

Ambev: There Is Growth Brewing

Ambev: There Is Growth Brewing

1 year ago - Seeking Alpha

International Wide-Moat Stocks On Sale - The April 2023 Heat Map

Our 3-step process focuses on wide-moat stocks (as per Morningstar's rating). We are only interested in those targets that are attractively valued in historical comparison.

Other symbols: BUDTDTSM
1 year ago - Seeking Alpha

Ambev: Strong Growth Levers With Massive Upside Potential

On the back of rising prices and rural recession, the consumer staples sector did not fare well in 2022, with the NSE and BSE consumer indexes plummeting by double digits. This year, there is expected...

1 year ago - Seeking Alpha