TIM SA ADR (NYSE: TIMB) is 1.79% higher on its value in year-to-date trading and has touched a low of $11.44 and a high of $18.44 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TIMB stock was last observed hovering at around $12.11 in the last trading session, with the day’s loss setting it -0.14%.
Currently trading at $11.97, the stock is -0.28% and -7.91% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.47 million and changing -1.16% at the moment leaves the stock -20.08% off its SMA200. TIMB registered -30.21% loss for a year compared to 6-month loss of -17.63%. The firm has a 50-day simple moving average (SMA 50) of $13.213 and a 200-day simple moving average (SMA200) of $15.3593.
The stock witnessed a -7.88% gain in the last 1 month and extending the period to 3 months gives it a -23.29%, and is 1.79% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.74% over the week and 2.10% over the month.
TIM SA ADR (TIMB) has around 9275 employees, a market worth around $5.79B and $4.86B in sales. Current P/E ratio is 9.37 and Fwd P/E is 8.81. Profit margin for the company is 12.71%. Distance from 52-week low is 4.64% and -35.10% from its 52-week high. The company has generated returns on investments over the last 12 months (8.54%).
The EPS is expected to grow by 10.41% this year
The shares outstanding are 484.08M, and float is at 483.53M with Short Float at 0.17%.
The top institutional shareholder in the company is ROBECO INSTITUTIONAL ASSET MANAGEMENT B.V. with over 4.64 million shares valued at $66.41 million. The investor’s holdings represent 0.9578 of the TIMB Shares outstanding. As of 2024-06-30, the second largest holder is MACQUARIE GROUP LTD with 1.83 million shares valued at $26.26 million to account for 0.3788 of the shares outstanding. The other top investors are RENAISSANCE TECHNOLOGIES LLC which holds 1.36 million shares representing 0.2817 and valued at over $19.53 million, while ARROWSTREET CAPITAL, LIMITED PARTNERSHIP holds 0.2161 of the shares totaling 1.05 million with a market value of $14.98 million.
