Ambev S.A. (ABEV)
After hours:
| Previous close | 2.8700 |
| Open | 2.8500 |
| Bid | 2.8100 x 21500 |
| Ask | 2.8100 x 28000 |
| Day's range | 2.7700 - 2.8650 |
| 52-week range | 2.4000 - 3.3200 |
| Volume | |
| Avg. volume | 25,810,709 |
| Market cap | 45.747B |
| Beta (5Y monthly) | 0.66 |
| PE ratio (TTM) | 21.36 |
| EPS (TTM) | 0.1320 |
| Earnings date | N/A |
| Forward dividend & yield | 0.14 (5.89%) |
| Ex-dividend date | 20 Dec 2022 |
| 1y target est | 3.49 |
- Reuters
Brazil's Ambev sees higher costs in 2023 as Q4 net profit rises 36%
Ambev SA said on Thursday it expects the cost of goods sold per hectoliter at its beer business in Brazil to rise by 6% to 9.9% in 2023, citing inflation levels and higher commodities prices. The announcement came as the Brazilian brewer reported a fourth quarter net profit of 5.08 billion reais ($980.81 million), up 35.7% from a year earlier and above an estimated 4.22 billion from analysts polled by Refinitiv. Net revenue rose 3.1% in the period to 22.69 billion reais, driven by a 1.5% increase in volumes sold, according to a securities filing.
- Motley Fool
1 Stock That Could Be Weighing Down Your Portfolio
Its products are sold all over the world and have been for the past several decades. Right now and for the foreseeable future though, Ambev S.A. (NYSE: ABEV) -- you may know it better as the parent to beer company Anheuser-Busch -- could prove a tough stock to stick with. Don't misunderstand: The beer business is hardly dying.
- Zacks
Will Boston Beer's (SAM) Growth Strategies Aid Amid Cost Woes?
Boston Beer (SAM) is poised for growth on brand-building efforts, innovation and product portfolio expansion amid a slowdown in the hard seltzer category, supply-chain woes and inflationary impacts.
