Brazilian beer giant, Companhia de Bebidas das America (ABV), also known as AmBev, reported robust third-quarter 2012 normalized earnings of R$0.81 per share, substantially beating the prior-year quarter’s earnings of R$0.53 a share by 52.6%. The results were primarily driven by solid top-line performance, improved margins and lower tax rate.
Moreover, in the U.S. dollar terms, [...]
Anticipating negative impact on AmBev's (ABV) future financial performance due to Brazilian government's decision to raise taxes on beer, we are maintaining our long-term Underperform recommendation on AmBev. To shield against the higher taxes, AmBev might inflate its prices in an effort to somewhat offset the negative impact, which may result in lower volumes.
Consequently, the [...]
We are downgrading our long-term recommendation on Companhia de Bebidas Das Americas, or AmBev (ABV) to Underperform, citing a negative impact on the company's future financial performance due to the Brazilian government's recent decision to raise taxes on beer and soft drinks.
To shield against the higher taxes, the company might inflate its prices in an [...]
Companhia de Bebidas Das Americas (ABV) akaAmBevis the leading brewer in Brazil, Canada, Argentina, Paraguay, Uruguay and Bolivia with a strong portfolio of globally recognized brands, such as Brahma, Skol, Antartica, Quilmes, Labatt, Pilsen and Paceña. This provides a competitive advantage to the company and reinforces its dominant position in the market.
Moreover, over the years, [...]
Financial Analysis:
Companhia de Bebidas das Americas (ADR) (NYSE: ABV) generated the total revenue of (stock picks) $6.37 billion for the quarter ended September 30th, 2011 as compared to revenue of $5.97 billion for the same period last year. The company (stock picks) reported the net profit of $1.68 billion or earnings of $0.53 per share [...]
Companhia de Bebidas das Americas AmBev (ABV), based in São Paulo, is engaged in producing, distributing and selling beer, carbonated soft drinks and other non-alcoholic and non-carbonated products in many countries across the Americas. It maintains an agreement with PepsiCo International, Inc. to bottle, sell and distribute Pepsi products in Brazil and in other Latin [...]
The BRIC Top Five for June is compiled from an interview with five senior portfolio advisors from San Francisco to Hong Kong. These buy recommendations are not listed in order of preference. None of the stocks were recommended by more than one manager....
Shares of Companhia de Bebidas das Americas - AmBev (NYSE: ABV) are lower on the session by 0.23%, currently trading at $138.62. The stock has been moving largely higher over the past six month, trending higher above the 50-day and 200-day moving averages.
Options traders are buying calls on the name today. A short while ago the April 2011 $140.00 call was purchased 895 times, on the offer, on open interest of only 317 contracts. This signals new positioning on the name.
Overall call...
On CNBC's Mad Money Lightning Round OT, Jim Cramer said to a viewer that bought Companhia de Bebidas das Americas (ADR) (NYSE: ABV) in May and June, when price were much lower than today, not to buy more of this stock. He thinks that AmBev (ABV) is a great company and he likes the stock, but it is better for her to leave things as they are.
Cramer said that Wabash National Corporation (NYSE: WNC) is a great speculative play on the truck bull market. He owns Cummins Inc. (NYSE: CMI) for his...
AmBev (ABV) is setting 52-week highs as analysts continue to raise full-year estimates on the heels of an excellent quarter.
Company Description
AmBev produces beer, soft drinks, and other beverages in Brazil. The company is best known for its licensing agreement with Anheuser-Busch, which they distribute in Canada.
Top Line Growth
AmBev reported quarterly results in November that saw [...]
Our long-term recommendation on Companhia de Bebidas das Americas, or AmBev (ABV), is Outperform. We anticipate the company perform well above the broader market.
AmBev is the largest beverage company in South America and commands a strong portfolio of well-established flagship brands. Furthermore, the company continues to witness solid performance in the Brazilian market, which remains [...]
Oriental Bank of Commerce – attractive at 1.1x H1FY10 ABV
Loan growth:
OBC is targeting loan growth of 20-22% for FY10. The strong loan growth is likely to be driven by growth in SME and agriculture segment.
Net interest margins:
OBC's NIMs have seen dramatic drop from 4% in FY04 to 1.8% in H1FY10. The drop was driven by sharp fall in investment yield coupled with dropping CASA profile (24% in H1FY10).
We believe that it will be difficult for the bank to improve...