On Monday, Sendas Distribuidora S.A. ADR (NYSE: ASAI) experienced a 5.14% drop in its opening stock price compared to the previous session. However, the company managed to rebound and close at $14.39. Over the last 52 weeks, ASAI has seen price fluctuations ranging from $10.44 to $20.98.
The Consumer Defensive sector titan has displayed a sales increase of 14.58% in the last five years. However, its average yearly earnings per share has been on a decline, standing at -37.31% at present. Evaluating the productivity of a company with a workforce of 76,000 employees is crucial to understanding its size and potential.
In the recent quarterly results, which were released on June 29, 2023, Sendas Distribuidora S.A. ADR exceeded expectations by posting an earnings per share (EPS) of $0.11 for the quarter. This surpassed the estimated prediction of $0.08 by $0.03. Market experts on Wall Street anticipate that the company will achieve earnings of $0 per share during the current fiscal year.
Looking ahead, analysts project that the stock’s earnings will decline by -37.31% per share in the next fiscal year. However, they also anticipate a positive trend for the company’s EPS over the long term, forecasting a 4.44% increase in the next five years compared to a previous drop of -1.59%.
Analyzing Sendas Distribuidora S.A. ADR’s current performance indicators, the stock posted a quick ratio of 0.40 in the past quarter. Additionally, the company’s price-to-sales ratio for the trailing twelve months stands at 0.29, while its price-to-free-cash-flow ratio for the same period is 11.70.
For the trailing twelve months, the company’s diluted earnings per share (EPS) is 0.59. This number is expected to reach 0.23 in the next quarter and is forecasted to grow to 0.92 within one year.
Recent statistics indicate that Sendas Distribuidora S.A. ADR’s average volume over the past five days was 0.39 million, which is slightly lower than the volume from the previous year. As of the previous nine days, the stock’s Stochastic %D was 24.01%. Additionally, its Average True Range over a specified period was 0.55.
Over the past 100 days, the company’s raw stochastic average was 68.54%, marking a significant increase from 33.65% over the past two weeks. In terms of volatility, the stock exhibited a historical volatility of 48.10% in the past 14 days, slightly higher than the 45.99% observed in the past 100 days.
Currently, the stock’s 50-day Moving Average is $13.44, while its 200-day Moving Average stands at $12.85. Moving forward, the first notable resistance level to watch is $14.14, followed by major resistance levels at $14.64 and $14.89. On the other hand, the first support level is at $13.40, followed by $13.15. If the price breaks through the second support level, it may reach $12.65.
With 270,367K shares outstanding, Sendas Distribuidora S.A. ADR has a market capitalization of $3.69 billion. The company’s annual sales total $10,561 million, based on its income of $236,310K. In the last quarter, sales amounted to $3,482 million, while income reached $37,890K.
Investors are closely monitoring Sendas Distribuidora S.A. ADR due to its recent volume of 0.52 million shares. The company’s performance over the past five years, as well as its latest quarterly results, indicate its potential for growth in the market. Market experts and analysts provide insights into the stock’s future earnings and projected long-term trends. With various performance indicators and resistance levels to consider, investors and analysts are keeping a close watch on Sendas Distribuidora S.A. ADR as it navigates the market.
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