Stock in Focus: Ambev S.A. (ABEV)
-- Sunday, August 22, 2021, 21:21 --
Company Profile: |
Ambev S.A., through its subsidiaries, produces, distributes, and sells beer, draft beer, carbonated soft drinks (CSD), other non-alcoholic beverages, malt, and food products in the Americas. The company was founded in 1885 and is headquartered in Sao Paulo, Brazil. Ambev S.A. is a subsidiary of Interbrew International B.V. |
Recent News: |
Q2 2021 financial performance brings more evidence of the continuous and consistent improvement. Net revenue grew a little over 36%. EBITDA grew 24%. Normalized profit grew nearly 116%, while operational cash flow remains unabated and grew about 2%. |
|
Fundamental Analysis: |
Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency. |
Growth – Measures the growth of both the company’s income statement and cash flow. @@@@@ |
Profitability – Measures the historical price movement of the stock. @@@@@ |
Solvency – Measures the solvency of the company based on several ratios. @@@@@ |
Efficiency – Measures the strength and historic growth of a company’s return on invested capital. @@@@@ |
Conclusion: |
ABEV’s strengths can be seen in its strong profitability and robust solvency compared with its peers. Technical indicators signal the bullish signs, as there is a bullish crossover in MACD and Stochastic oscillator. The RSI stands at 48.58 with positive bias. We rate Ambev S.A. (ABEV) a STRONG BUY. |