Market Insight: TIM SA ADR (TIMB)’s Notable Drop, Closing at 14.29

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In the latest session, TIM SA ADR (NYSE: TIMB) closed at $14.29 down -5.74% from its previous closing price of $15.16. In other words, the price has decreased by -$5.74 from its previous closing price. On the day, 1.27 million shares were traded. TIMB stock price reached its highest trading level at $15.34 during the session, while it also had its lowest trading level at $14.24.

Ratios:

For a deeper understanding of TIM SA ADR’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.37. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 0.88. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.52.

On May 31, 2023, Goldman started tracking the stock assigning a Neutral rating and target price of $15.Goldman initiated its Neutral rating on May 31, 2023, with a $15 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TIMB now has a Market Capitalization of 7287557120 and an Enterprise Value of 47150260224. As of this moment, TIM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.16, and their Forward P/E ratio for the next fiscal year is 9.82. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.40 while its Price-to-Book (P/B) ratio in mrq is 1.51. Its current Enterprise Value per Revenue stands at 1.907 whereas that against EBITDA is 4.524.

Stock Price History:

Over the past 52 weeks, TIMB has reached a high of $18.79, while it has fallen to a 52-week low of $13.75. The 50-Day Moving Average of the stock is -11.38%, while the 200-Day Moving Average is calculated to be -12.82%.

Shares Statistics:

For the past three months, TIMB has traded an average of 490.85K shares per day and 596590 over the past ten days. A total of 484.12M shares are outstanding, with a floating share count of 483.05M. Insiders hold about 0.11% of the company’s shares, while institutions hold 4.32% stake in the company. Shares short for TIMB as of 1728950400 were 765412 with a Short Ratio of 1.56, compared to 1726185600 on 664231. Therefore, it implies a Short% of Shares Outstanding of 765412 and a Short% of Float of 0.47000000000000003.

Dividends & Splits

According to the company, the forward annual dividend rate for TIMB is 0.49, from 0.446 in the trailing year. Against a Trailing Annual Dividend Yield of 0.029419526The stock’s 5-year Average Dividend Yield is 3.74.

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