ABEV Stock Recent News

Stocks trading for under $20 tend to be more established than their penny stock counterparts which trade for under $5. Yet, they also offer growth potential along with that increased stability.

Penny stocks tend to be risky. Most companies end up with a low share price due to some major fundamental problem with the business, such as a bad balance sheet or low levels of profitability.

Investors have been preoccupied with interest rates over the past year. The Federal Reserve raised interest rates at its fastest rate in many years.

Ambev S.A. (NYSE:ABEV ) Q3 2023 Earnings Conference Call October 31, 2023 11:30 AM ET Company Participants Jean Jereissati – Chief Executive Officer Lucas Lira – Chief Financial, Investor Relations and Shared Services Officer Conference Call Participants Isabella Simonato – Bank of America Robert Ottenstein – Evercore Thiago Duarte – BTG Pactual Ben Theurer – Barclays Felipe Ucros – Scotiabank Alan Alanis – Santander Operator Good morning, good afternoon, and thank you for waiting. We would like to welcome everyone to Ambev's Third Quarter 2023 Results Conference Call.

Wagering on dividend growth stocks offering yields of 4% to 8% can harmonize income with capital appreciation potential. However, the tempo of sustainability is imperative to consider as you look to scrutinize the payout ratio, growth prospects, and the firm's financial health.

Ambev has been operating profitably for the past two decades with an annual gross profit margin (TTM) of 49.95%. Ambev's BEES digital marketplace entered the COVID-19 pandemic with only 750,000 customers and left the pandemic with more than 1 million subscribers. Over the past year, Ambev's price return was down 4.88% against the SP500 which rose 14.07% (YoY) while AB InBev surged 16.08%.

Ambev faced a shrinking bottom line during the past year and a half as higher commodity prices squeezed gross margins. Trends have improved in Brazil beer driven by increasing market share within the premium category along with recovery in international segments. ABEV upgraded its COGS guidance for 2023 and now expects an improvement in gross margins for H2 2023.

Investors looking for stocks in the Beverages - Alcohol sector might want to consider either Ambev (ABEV) or Diageo (DEO). But which of these two stocks is more attractive to value investors?

Brown-Forman's (BF.B) Q1 results reflect the impacts of difficult shipment comparisons from last year's inventory rebuild to overcome the glass supply challenges. Higher costs hurt the bottom line.

Investors interested in stocks from the Beverages - Alcohol sector have probably already heard of Ambev (ABEV) and Diageo (DEO). But which of these two stocks presents investors with the better value opportunity right now?