ABEV - Ambev S.A.
4.3000 +0.03 (0.70%)
After hours: 6:24PM EDT
| Previous Close | 4.2800 |
| Open | 4.2300 |
| Bid | 4.0500 x 312300 |
| Ask | 4.9300 x 36900 |
| Day's Range | 4.2131 - 4.3200 |
| 52 Week Range | 3.7700 - 7.3500 |
| Volume | 24,441,081 |
| Avg. Volume | 31,218,605 |
| Market Cap | 68.156B |
| Beta (3Y Monthly) | 0.91 |
| PE Ratio (TTM) | 24.26 |
| EPS (TTM) | 0.1760 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.24 (5.61%) |
| Ex-Dividend Date | 2018-12-19 |
| 1y Target Est | 4.99 |
- InvestorPlace•11 hours ago
Is Ambev Stock Due for a Strong Comeback?
AMBEV (NYSE:ABEV) does not get much attention, even though it is one of Brazil's largest companies. Consider that it has a market cap of about $71 billion. * 7 Marijuana Stocks to Play the CBD Trend Source: Shutterstock Then again, Ambev stock has been mostly a loser. During the past five years, the average return has been an awful -5.54%. And for the past 12 months, the return on Ambev stock has come to -36.85%. But hey, could there be a value play here? Maybe now is the time to think of an investment? Perhaps so. And to see why, let's get some background on the company. What Does Ambev Do?The origins of ABEV go back to the late 1990s when Brazilian brewer, Brahma, merged with Antarctica of Argentina. The merger was led by dealmakers Jorge Lemann, Marcel Telles, and Carlos Sicupira, the operators of private equity powerhouse 3G Capital. They have since been aggressive with their deal-making, scooping up a myriad of beer and beverage companies.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe result is that ABEV controls dominant positions in Brazil, Argentina and Peru. The company also has an extensive portfolio of brands like Budweiser, Stella Artois, Beck's, Skol, Michelob Ultra, and Hoegaarden. They cover all the categories, from the high-end, premium and mainstream.As for 3G Capital, the firm has a disciplined approach to management, called zero-based budgeting. This involves justifying additional costs for each quarter. All in all, it's been an effective way to improve EBITDA.However, 3G's strategy has come under scrutiny. The reason? One of its high-profile investments, in Kraft Heinz Co (NASDAQ:KHC), imploded earlier this year. The company, which also had the backing of Warren Buffett's Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B), reported a $15 billion write-down of various brands. There was also weak guidance and a significant reduction in the dividend. For the most part, Wall Street believes that the problems are due in part to overzealous cost-cutting.But regarding Ambev stock, there are no signs of chronic problems. Consider that the company has continued to grow at a decent pace - with revenues up 5.3% in the latest quarter -- despite economic problems in several countries, such as Argentina.OK then, but isn't beer consumption declining? Yes, this is true in the US market, especially with younger people. They are looking at alternatives, like wines, cocktails and even hemp-based offerings. This is why companies like Anheuser Busch (NYSE:BUD) have suffered steep declines in their stock prices.Yet, it's important to keep in mind that the beer market in the US is also at saturation levels. This is far from the case in South America, where per capita beer consumption is more than 10 liters below the average for the world (according to research from Global Data). All in all, there its lots of runway for growth. Bottom Line On Ambev StockThe fortunes of ABEV stock are mostly tied to Brazil, which represents a majority of revenues. And, interestingly enough, this could be good news.Why so? Well, look at Bridgewater Associates, which is the world's largest hedge fund. The firm recently indicated that Brazil could have the strongest growth this year.No doubt, if this prediction pans out, ABEV stock should get a nice lift. (Note that revenues are heavily dependent on GDP growth.) * 10 Monthly Dividend Stocks to Buy to Pay the Bills In the meantime, the valuation on ABEV stock is reasonable, with an 18 price-to-earnings ratio and a dividend yield of 5.28%. In other words, for investors looking for a play in the emerging markets, this looks like an interesting choice.Tom Taulli is the author of High-Profit IPO Strategies, All About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dual-Class Stocks That Will Outperform * 7 Reasons Why Apple Streaming Won't Move the Needle for Apple Stock * 7 A-Rated Stocks to Buy in the Second Quarter Compare Brokers The post Is Ambev Stock Due for a Strong Comeback? appeared first on InvestorPlace.
- Morningstar•8 days ago
Short Term Challenging for Ambev, but Long Term Bright
Brazilian brewer Brahma was the first foray into the consumer product manufacturing industry by Jorge Lemann, Marcel Telles, and Carlos Sicupira, the leaders of the private equity group now known as 3G. In 2000, they merged Brahma with Antarctica of Argentina, creating Ambev ABEV. The company has gone on to roll up brewers throughout Central and South America and holds several monopolylike positions in large markets, including 81% volume share in Argentina, 68% in Brazil, and 61% in Peru.
- Reuters•25 days ago
Brazil's Ambev sees EBITDA in Brazil growing at a faster pace in 2019 - CFO
Ambev SA, Latin America's largest beverages firm, will see its earnings before interest, taxes, depreciation and amortization in Brazil growing at a faster pace in 2019, its Chief Financial Officer told ...
- Reuters•26 days ago
Brazil's Ambev reports lower recurring net profit on higher costs
Ambev SA, the Latin American unit of Anheuser Busch InBev, reported a lower recurring net profit on Thursday, as higher costs offset higher revenue. Fourth-quarter recurring net income was 3.724 billion reais ($999 million), Latin America's largest beverages firm said in a statement, down 17.3 percent from a year earlier. Ambev said that higher revenue per hectoliter more than compensated for a drop in fourth quarter volumes.
- InvestorPlace•last month
3 Big Stock Charts for Thursday: Conagra Brands, Intel and Franklin Resources
It was a gain, but not a convincing one. Yesterday's 0.3% advance from the S&P 500 may have gotten it above the pivotal 200-day moving average line, but a huge chunk of the intraday move was ultimately given back, and the volume behind the gain was mediocre at best.Still, baby steps in a bullish direction are still steps in the right direction.General Electric (NYSE:GE) did a great deal of the work, up 3.9% mostly in response to a $92 billion backlog for its power division. That's the arm that needs the most help and is best positioned for a turnaround.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAt the other end of the spectrum, Teva Pharmaceutical (NYSE:TEVA) and Ambev SA (NYSE:ABEV) were a key part of the reason stocks struggled to make the collective gain they did. Ambev fell 2.4% mostly because traders remain unsure how they feel about the stagnant company, while Teva shares plunged 7.8% after the company conceded 2019 will be a "trough." Investors were hoping the pivot had already been made.None of those names are especially great trading prospects headed into Thursday's session, however. Rather, stock charts of Intel (NASDAQ:INTC), Franklin Resources (NYSE:BEN) and Conagra Brands (NYSE:CAG) are shaping up as the best bets. Here's why, and what needs to happen next. Franklin Resources (BEN)With nothing more than a quick glance at Franklin Resources, it just looks like a volatile mess. And, that may be all it is. A closer look at the daily chart, however, reveals there may be more underway here than it seems on the surface. * 9 U.S. Stocks That Are Coming to Life Again The stock is at a key tipping point after Wednesday's action, and the backdrop is surprisingly healthy. Click to Enlarge • As of Wednesday's close, Franklin Resources is once again testing the white 200-day moving average again as resistance. The past couple of those tests have ended with a retreat, but it's telling that the buyers keep coming back.• It's counterintuitive, but the volume surges that accompanied the last two major plunges are actually beneficial. They serve as a flushout, or capitulation, that cleared the decks for a new, net-bullish paradigm.• Although the late-January low was the first higher low since mid-2017, the past two bullish efforts have been on tepid volume. More buyers will need to crawl out of the woodwork for a rally effort to be sustained. Conagra Brands (CAG)A little over a week ago, Conagra Brands was featured as a budding breakout candidate. In fact, it had just edged above a technical ceiling. The effort just needed to solidify a little bit more, to confirm it was for real.It's for real. CAG is now up 6.5% since that look, and has put that resistance line in the rearview mirror. There's another ceiling dead ahead, however, that needs to be cleared before the next bullish leg can take shape. Conagra may need to peel back before forging any higher though. Click to Enlarge • The next hurdle is the 50-day moving average line, plotted in purple on the daily stock chart. The buyers stepped back as that line came into view this week.• Although CAG may need to fall back and develop a running start to punch through that technical ceiling, the weekly chart makes clear the stock is more than oversold enough to fuel a bounce.• Should Conagra make good on its promise, the next most plausible target is around $28. That's where the first Fibonacci retracement line is, and where the gray 100-day moving average line is. Intel (INTC)Finally, Intel has been a name that's been dissected several times in recent weeks, as the stock has been working on rocking its way out of last year's pullback.So far it hasn't happened. But, this week's bullishness has pushed INTC to the brink of moving all the way out of its recent technical confines. One more good day will get Intel up and over the final hurdle, unleashing a few months' worth of pent-up buying action. Click to Enlarge • That final line in the sand is $50.80, plotted in yellow, where INTC has peaked several times since July.• The trend paradigm has already shifted from a streak of lower lows to higher lows, which has pushed Intel shares above the pivotal 200-day moving average line, plotted in white.• If a breakout move can take hold, the most plausible upside target is last June's peak around $57. That $7 span between the current price and that target is more or less the same-sized span from the low and high seen as Intel worked its way through a triangle shape beginning in late June. That's not coincidental. Stocks tend to move in familiar increments.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 U.S. Stocks That Are Coming to Life Again * The 7 Best Video Game Stocks to Power Up Your Portfolio! * 5 Tips to Become a Better Stock Trader Compare Brokers The post 3 Big Stock Charts for Thursday: Conagra Brands, Intel and Franklin Resources appeared first on InvestorPlace.
- InvestorPlace•last month
3 Big Stock Charts for Tuesday: Micron Technology, Citrix Systems and Vulcan Materials
The market may have logged gains yesterday, following through on Friday's late recovery move. But, for a Monday, the follow-through was disappointing. The gain of 0.07% left the S&P 500 a bit below its intraday high, and the "up" volume behind the gain was alarmingly tepid for the first day back from the weekend.General Electric (NYSE:GE) and Ambev SA (NYSE:ABEV) led the way, with 2.2% and 2.7%, respectively. Investors are still reasonably convinced GE stock has a decent future, while the latter continues to work on a turnaround effort that first took shape in late December. This is the most uninterrupted bullish progress seen since early 2018, and has carried shares back above the pivotal 200-day moving average line.At the other end of the spectrum, Activision Blizzard (NASDAQ:ATVI) and its peers kept the brakes on any marketwide rally effort. It looked like the selloff was finally winding down as January came to a close, but the sellers dug in again starting late last week as Tuesday's post-close earnings report looms.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAs Tuesday's action kicks off, stock charts of Micron Technology (NASDAQ:MU), Vulcan Materials Company (NYSE:VMC) and Citrix Systems (NASDAQ:CTXS) are the names to watch. Here's why, and what to know. Citrix Systems (CTXS)After Monday's action it would be easy to say Citrix Systems is stuck in a range, and not moving any particular direction. * 10 Best Dividend Stocks to Buy for the Next 10 Months A closer look, however, reveals there's something of a method to the madness. Slowly but surely, the bears are chipping away, and a downtrend is already in development. A little more weakness could seal the deal, and drag shares below a huge -- and relatively new -- technical floor. Click to Enlarge • On both stock charts, it's now clear that CTXS is moving into the end of a converging wedge pattern that will force traders to make a commitment.• The stage is already set, however, for downside. The purple 50-day moving average line has already fallen below the white 200-day moving average line, and as of Monday Citrix shares are back below off of their key moving average lines.• The lower boundary of the wedge pattern, currently just above $100, will possibly halt any downtrend. If it doesn't, though, there's little that could bring an end to a wave of profit-taking following last year's big runup. Vulcan Materials Company (VMC)The better part of the past several months have looked and felt nothing more than choppy for Vulcan Materials Company. But, as was the case with Citrix Systems, there's been something going on beneath the surface. The brewing bullishness has become clearer within the past few days.There's just one more hurdle to clear before the budding rebound effort fully takes hold. Click to Enlarge • Since November of last year, the gray 100-day moving average line had been holding Vulcan shares down. Last week, VMC moved above that line, and remained above that line when the sellers pushed back.• The last line in the sand is $105.40, plotted in yellow on both stock charts. The bears have capped all the rally efforts since early January at that level.• That's more likely to happen than not, however. There has been decidedly more (and above-average) buying volume than not over the course of the past couple of weeks. The Chaikin line move above zero in mid-January. Micron Technology (MU)Finally, a week ago we explored how Micron Technology shares were moving up and out of a long-standing funk, and had just cleared another key technical hurdle. Though impressive, and telling, we wanted to see the move survive a major test.That's happened in the meantime. The sellers took a shot the next day, and continued to dig on. As of yesterday, though, the buyers took back control right where they were supposed to. Click to Enlarge • The big line in the sand is plotted with a yellow dashed line on both stock charts, though the more detailed daily chart indicates there's a second, minor resistance line that's also been cleared.• Although down on Monday, the selling stopped at the blue 20-day moving average line and the buyers started to wade back in to leave shares above the gray 100-day moving average line.• The "clincher" here is now the next move higher, to confirm that Monday's bar was indeed a pivot back into an uptrend.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Fundamentally Sound Dividend Stocks to Buy * 5 Reasons Reeling FAANG Stocks Won't Deliver Big Returns * 3 Reasons Canopy Growth Could Burn You Compare Brokers The post 3 Big Stock Charts for Tuesday: Micron Technology, Citrix Systems and Vulcan Materials appeared first on InvestorPlace.
- Zacks•2 months ago
Diageo (DEO) Posts Strong 1H19 Earnings, Ups FY19 Sales View
Diageo (DEO) reports strong top and bottom-line results for the first half of fiscal 2019, backed by solid organic growth. Further, the outlook for fiscal 2019 remains robust.
- Zacks•2 months ago
Colgate (CL) Q4 Earnings Beat, Soft 2019 View Hurts Stock
Colgate's (CL) fourth-quarter 2018 earnings and sales beat estimates on solid organic sales, and improved pricing. However, the company issues a soft earnings view for 2019.
- Zacks•2 months ago
Expansion & Innovation to Aid Diageo's (DEO) 1H19 Earnings
Diageo (DEO) witnesses solid trends, backed by the focus on expanding geographic footprint and launching innovative products. This should continue to drive earnings in the quarters ahead.
- Reuters•2 months ago
Brazil Carnival's beer contracts probed for competition violations
BRASILIA/SAO PAULO (Reuters) - Brazil's annual Carnival street parties are being probed for awarding exclusive contracts to certain breweries, possibly limiting competition and driving up revelers' beer tabs, anti-trust agency Cade said on Monday. A Finance Ministry report last year named Ambev SA, Latin America's largest brewer, and Heineken NV's Amstel among the companies that have made deals with city governments to supply beer at Carnival. Cade has requested that a long list of cities, including Rio de Janeiro, report back on their procedures for awarding such deals by Friday, newspaper O Estado de S.Paulo reported.
- Zacks•2 months ago
Softness in Beer Hurt Alcohol Stocks, Can Cannabis Change Fate?
Softness in Beer Hurt Alcohol Stocks, Can Cannabis Change Fate?
- GlobeNewswire•4 months ago
New Research: Key Drivers of Growth for CalAmp, Infinera, Ambev S.A, Calumet Specialty Products Partners, Proto Labs, and Barrett Business Services — Factors of Influence, Major Initiatives and Sustained Production
NEW YORK, Nov. 27, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
- Insider Monkey•4 months ago
Hedge Funds Aren’t Very Hopeful About Brazilian Brewer Ambev S.A. (ABEV)
How do we determine whether Ambev S.A. (NYSE:ABEV) makes for a good investment at the moment? We analyze the sentiment of a select group of the very best investors in the world, who spend immense amounts of time and resources studying companies. They may not always be right (no one is), but data shows that […]
- Reuters•5 months ago
Brazil competition, Argentine inflation squeeze brewer Ambev
Ambev SA, Latin America's largest brewer, on Thursday reported quarterly earnings that were hurt by inflation in Argentina and slipping share in key market Brazil, where rival Heineken NV is making serious inroads. The company, the Latin American unit of Anheuser Busch Inbev NV, posted a 10 percent year-on-year drop in net profit to 2.89 billion reais ($774 million). Dutch brewer Heineken, which is betting big on the Brazilian beer market, is beginning to take a chunk out of its rival's business there, with volumes growing by double digits, according to analysts.
- Reuters•5 months ago
Brazil's Ambev latest victim of Argentine inflation in third quarter
Ambev SA, the Latin American unit of Anheuser Busch InBev, posted mixed third-quarter results on Thursday, as rising inflation in Argentina and increased advertising costs took major bites out of the firm's ...
- Associated Press•5 months ago
Ambev: 3Q Earnings Snapshot
On a per-share basis, the Sao Paulo-based company said it had profit of 5 cents. The beverage company posted revenue of $2.81 billion in the period. _____ This story was generated by Automated Insights ...
- Reuters•7 months ago
Brazil's Ambev plans to add 1,600 electric trucks to fleet
Brazilian beer maker Ambev plans to add 1,600 Volkswagen electric trucks to its fleet, making it the largest fleet of its kind in Brazil, and which would be exempt from new fixed minimum freight fares for diesel truckers. Ambev said ownership of the vehicles, which will replace older trucks, will be with 20 logistics companies that distribute Ambev's products.
- Thomson Reuters StreetEvents•8 months ago
Edited Transcript of ABEV3.SA earnings conference call or presentation 26-Jul-18 3:00pm GMT
Q2 2018 Ambev SA Earnings Call
- Benzinga•8 months ago
Benzinga's Bulls & Bears Of The Week: Bitcoin, Intel, Lockheed Martin, Walgreens And More
Benzinga has featured looks at many investor favorite stocks over the past week. Bearish calls included a top semiconductor maker and a specialty retailer. The S&P 500 and the Dow Jones industrial average eked tiny gains again, but the Nasdaq lost ground due to disappointing results from Facebook.
- Benzinga•8 months ago
Barclays Turns Bullish On AmBev's Story
AMBEV S A/S ADR (NYSE: ABEV ), a Brazilian brewing company owned by Anheuser Busch Inbev NV (ADR) (NYSE: BUD ), reported strong quarterly results Thursday. The Analyst Barclays analyst Benjamin Theurer ...
- Reuters•8 months ago
Ambev CFO sees challenging operating environment in Brazil
Ambev SA, the Latin American unit of brewing giant Anheuser Busch InBev NV , sees a challenging operating environment in Brazil, Chief Financial Officer Fernando Tennenbaum told reporters during a conference ...
- Investopedia•8 months ago
3 Charts Suggest It's Time to Invest in Sin Stocks
Rising volatility due to weakening in investor sentiment has some people concerned of a potential reversal across the financial markets. It is no secret that risk-averse investors have been spending the past several weeks in search of sectors and asset classes that will protect their capital in the event of a significant pullback. In the paragraphs below, we'll take a closer look at charts of vice-related assets with a specific focus on alcohol companies since they seem to be outperforming the broader group.
- Associated Press•8 months ago
Ambev: 2Q Earnings Snapshot
The Sao Paulo-based company said it had net income of 4 cents per share. The beverage company posted revenue of $3.21 billion in the period. Ambev shares have dropped 21 percent since the beginning of ...
