Ambev S.A. (ABEV)

NYSE: ABEV · IEX Real-Time Price · USD
2.80
-0.02 (-0.71%)
At close: Dec 29, 2023, 4:00 PM
2.79
-0.01 (-0.36%)
After-hours: Dec 29, 2023, 7:06 PM EST
-0.71%
Market Cap 44.08B
Revenue (ttm) 15.07B
Net Income (ttm) 2.73B
Shares Out 15.74B
EPS (ttm) 0.19
PE Ratio 14.00
Forward PE 14.01
Dividend $0.15 (5.26%)
Ex-Dividend Date Dec 22, 2023
Volume 2,003,132
Open 2.80
Previous Close 2.82
Day's Range 2.80 - 2.82
52-Week Range 2.40 - 3.23
Beta 0.61
Analysts Buy
Price Target 3.30 (+17.86%)
Earnings Date Oct 31, 2023

About ABEV

Ambev S.A., through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, other non-alcoholic beverages, malt, and food products. It offers beer primarily under the Skol, Brahma, Antarctica, Brahva, Budweiser, Bud Light, Beck, Leffe and Hoegaarden, Bucanero, Cristal, Mayabe, Presidente, Presidente Light, Brahma Light, Bohemia, The One, Corona, Modelo Especial, Stella Artois, Quilmes Clásica, Paceña, Taquiña, Huari, Becker, Cusqueña, Michelob Ultra, Busch, Pilsen, Ouro Fino, Banks, Deput... [Read more]

Founded 1885
Employees 47,108
Stock Exchange NYSE
Ticker Symbol ABEV
Full Company Profile

Financial Performance

In 2022, Ambev's revenue was 79.71 billion, an increase of 9.41% compared to the previous year's 72.85 billion. Earnings were 14.46 billion, an increase of 14.10%.

Financial numbers in BRL Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for ABEV stock is "Buy." The 12-month stock price forecast is $3.3, which is an increase of 17.86% from the latest price.

Price Target
$3.3
(17.86% upside)
Analyst Consensus: Buy
Stock Forecasts

News

AMBEV'S 2022 ANNUAL REPORT ON FORM 20-F AVAILABLE ON OUR WEBSITE

SÃO PAULO, March 17, 2023 /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, 2022 was filed with the U.S. Securi...

10 months ago - PRNewsWire

3 of the Best Stocks to Spend Your Tax Refund On

#Morningstar #TaxRefund #stockstobuy These low-priced stocks from high-quality companies look undervalued today. 0:00 Introduction 1:15 Ambev 1:56 Reckitt Benckiser Group 2:32 James Hardie Industries ...

Other symbols: JHXRBGLY
10 months ago - Morningstar

Brazilian brewer Ambev posts Q1 earnings beat as volumes grow

Brazilian brewer Ambev SA's first-quarter net income rose 29.1% from a year earlier as volumes increased, driven by its domestic and South American units, it said on Thursday, beating estimates from a...

1 year ago - Reuters

Brazil's Ambev bets on a good 2022 for beer sector, says CEO

Brazilian brewer Ambev SA should have a good year in terms of beer demand in Brazil, said its Chief Executive Jean Jereissati Neto on Wednesday.

1 year ago - Reuters

Ambev to focus more on the long term, less at market gain, says CEO

Brazilian brewer Ambev SA is more concerned with improving return on invested capital than with its market share, said its Chief Executive Jean Jereissati Neto on Tuesday.

1 year ago - Reuters

Ambev S.A is set to rally. Buy now to lock in value before the price rally

Ambev S.A (BSP:ABEV3) closed the last trading session at $3.24. The 52-week range has been between 2.50 and $3.95.

1 year ago - Invezz

Ambev's 2021 Annual Report on Form 20-F Available on Our Website

SÃO PAULO, Brazil, March 18, 2022 (GLOBE NEWSWIRE) -- Ambev S.A. [B3: ABEV3; NYSE: ABEV] announces that the Company's annual report on Form 20-F for the year ended December 31, 2021 was filed with the...

1 year ago - GlobeNewsWire

Brazilian brewer Ambev's profit slumps in sector-wide decline

Brazilian brewer Ambev SA's fourth-quarter net income fell 45.6% from a year earlier to 3.75 billion reais ($748.55 million), it said on Thursday, citing widespread deceleration across the industry.

2 years ago - Reuters

Ambev's 2020 Annual Report on Form 20-F Available on Our Website

SÃO PAULO, Brazil, March 19, 2021 (GLOBE NEWSWIRE) -- Ambev S.A. [B3: ABEV3; NYSE: ABEV] announces that the Company's annual report on Form 20-F for the year ended December 31, 2020 was filed with the...

3 years ago - GlobeNewsWire

Top Beer Stocks for Q1 2021

These are the beer stocks with the best value, fastest growth, and most momentum for Q1 2021.

Other symbols: CCUSAMSTZTAP
3 years ago - Investopedia

Recap: Ambev Q2 Earnings

Shares of Ambev (NYSE:ABEV) rose 1.4% in pre-market trading after the company reported Q2 results.

3 years ago - Benzinga

Ambev Reports 2020 Second Quarter Results Under IFRS

SÃO PAULO, Brazil, July 30, 2020 (GLOBE NEWSWIRE) -- Ambev S.A. [B3: ABEV3; NYSE: ABEV] announces its results for the second quarter of 2020. The following operating and financial information, unles...

3 years ago - GlobeNewsWire

Preview: Ambev's Earnings

Ambev (NYSE: ABEV) announces its next round of earnings this Thursday, July 30. Here is Benzinga's everything-that-matters guide for this Thursday's Q2 earnings announcement.

3 years ago - Benzinga

CORRECTION - Ambev’s 2019 Annual Report on Form 20-F Available on Our Website

SÃO PAULO, Brazil, April 14, 2020 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Ambev S.A. [B3: ABEV3; NYSE: ABEV], please note that the date of filing date should...

4 years ago - GlobeNewsWire

Ambev’s 2019 Annual Report on Form 20-F Available on Our Website

SÃO PAULO, Brazil, April 14, 2020 (GLOBE NEWSWIRE) -- Ambev S.A. [B3: ABEV3; NYSE: ABEV] announces that the Company’s annual report on Form 20-F for the year ended December 31, 2019 was filed with t...

4 years ago - GlobeNewsWire

Brazil's Ambev sets ambitious target to end plastic pollution in packaging

Brazilian beverages company Ambev SA has set an ambitious target of eliminating plastic pollution in its packaging by 2025, in a push that an executive said on Monday has the potential to generate app...

4 years ago - Reuters

Penny Stocks to Buy Using Technical Analysis for December 2019

While trade relations and tax-loss selling are causes for concern, opportunities for short-term and swing traders remain abundant.

Other symbols: AAUBWGERN
4 years ago - Investopedia

Brazilian beverage distributors file antitrust complaint against Ambev

Beverage distributors working for Brazilian brewer Ambev SA have filed a complaint against the company at the local antitrust regulator Cade, accusing it of anticompetitive practices.

4 years ago - Reuters

5 Companies Raising Earnings

According to the GuruFocus All-in-One Screener, the following companies are trading at a discount and have positive three- to five-year future earnings estimates.

Other symbols: BLKGILDITUBUPS
4 years ago - GuruFocus

President Donald Trump's Tariff Will Impact Beer Industry: MillerCoors CEO Tom Long

Tom Long, former MillerCoors CEO, talks about the implications of Trump's tariff proposal.

Other symbols: BUDSAMTAP
6 years ago - CNBC