AmBev (ABEV) Receiving Somewhat Positive Press Coverage, Analysis Shows

News stories about AmBev (NYSE:ABEV) have been trending somewhat positive on Saturday, according to Accern Sentiment. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. AmBev earned a news impact score of 0.18 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.7099290244806 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:

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A number of analysts have issued reports on ABEV shares. Zacks Investment Research raised shares of AmBev from a “sell” rating to a “hold” rating in a report on Tuesday, January 2nd. UBS raised shares of AmBev from a “market perform” rating to an “outperform” rating in a report on Friday, February 9th. TheStreet raised shares of AmBev from a “c+” rating to a “b” rating in a report on Monday, March 5th. ValuEngine raised shares of AmBev from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. Finally, JPMorgan Chase boosted their price objective on shares of AmBev from $6.90 to $7.50 and gave the company an “overweight” rating in a report on Monday, April 9th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $7.75.

Shares of AmBev stock traded down $0.02 on Friday, reaching $6.75. 16,657,324 shares of the stock were exchanged, compared to its average volume of 19,634,732. AmBev has a one year low of $5.30 and a one year high of $7.43. The company has a current ratio of 0.86, a quick ratio of 0.71 and a debt-to-equity ratio of 0.08. The company has a market cap of $106,296.46, a PE ratio of 29.35, a price-to-earnings-growth ratio of 0.96 and a beta of 0.59.

AmBev (NYSE:ABEV) last issued its quarterly earnings results on Thursday, March 1st. The company reported $0.08 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.10 by ($0.02). AmBev had a return on equity of 24.16% and a net margin of 15.68%. The firm had revenue of $4.63 billion for the quarter, compared to the consensus estimate of $4.55 billion. research analysts forecast that AmBev will post 0.3 earnings per share for the current year.

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About AmBev

Ambev SA, through its subsidiaries, produces, distributes, and sells beer, draft beer, carbonated soft drinks (CSD), other non-alcoholic beverages, malt, and food in the Americas. It operates through Latin America North, Latin America South, and Canada segments. The company offers beer primarily under the Skol, Brahma, Antarctic, Brahva, Brahva Gold, Extra, Budweiser, Bud Light, Stella Artois, Corona, Modelo Especial, Beck, Leffe, Hoegaarden, Presidente, Brahma Light, President Light, Bohemia, The One, Quilmes Clásica, Paceña, Taquiña, Huari, Becker, Báltica, Ouro Fino, Pilsen, Patricia, Labatt Blue, Alexander Keith's, Kokanee, Banks, and Deputy brands.

Insider Buying and Selling by Quarter for AmBev (NYSE:ABEV)

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