Why Ambev S.A. (NYSE:ABEV) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $5.99 on Ambev S.A. (NYSE:ABEV) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $0.25 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Ambev S.A. (NYSE:ABEV) stands at 26.15.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Ambev S.A. American Depositary , the PEG ratio for coming 3-5 years is 1.91.

Technical Analysis

The technical analysis highlights that Ambev S.A. American Depositary current is trading $0.10 points away or +1.60% from its 50-day moving average of $5.94. Further it is trading $0.67 or +12.42% away its 200-day moving average of $5.37.

The 52-week high of Ambev S.A. (NYSE:ABEV) was $6.32 while lowest point recorded in 52-week was $3.86. It implies if stock price makes a movement of over $-0.28, it will record a new 52-week high. In the case of +56.48% drop, it will touch a new 52-week low.

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