ABEV Stock Summary and Trading Ideas (Ambev S.A. American Depositary Shares (Each Representing 1 Common Share) | NYSE:ABEV)

Ambev is the largest brewer in Latin America and the Caribbean and is Anheuser-Busch InBev's subsidiary in the region. It produces, distributes, and sells beer and PepsiCo products in Brazil and other Latin American countries and owns Argentina's largest brewer, Quinsa. Ambev was formed in 1999 through the merger of Brazil's two largest beverage companies, Brahma and Antarctica. In 2004, Ambev combined with Canadian brewer Labatt, giving Interbrew (now AB InBev) a controlling interest of 61.8% as at the end of 2023.

Ambev S.A. American Depositary Shares (Each Representing 1 Common Share) trades on the NYSE stock market under the symbol ABEV.

As of March 5, 2025, ABEV stock price climbed to $2.12 with 295,712 million shares trading.

ABEV has a beta of 0.23, meaning it tends to be less sensitive to market movements. ABEV has a correlation of 0.01 to the broad based SPY ETF.

ABEV has a market cap of $33.26 billion. This is considered a Large Cap stock.

Last quarter Ambev S.A. American Depositary Shares (Each Representing 1 Common Share) reported $5 billion in Revenue and $.05 earnings per share. This beat revenue expectation by $218 million and missed earnings estimates by -$.01.

In the last 3 years, ABEV traded as high as $3.32 and as low as $1.76.

The top ETF exchange traded funds that ABEV belongs to (by Net Assets): ILF, SPEM, VEU, AVEM, BINV.

ABEV has underperformed the market in the last year with a return of -10.7%, while SPY returned +14.1%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ABEV shares. However, ABEV has outperformed the market in the last 3 month and 2 week periods, returning -1.2% and +11.0%, while SPY returned -4.7% and -5.6%, respectively. This indicates ABEV has been having a stronger performance recently.

ABEV support price is $2.06 and resistance is $2.12 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ABEV shares will trade within this expected range on the day.