After grabbing 1.01 million shares, the institutional investor is now in possession of 1.01 million shares of the Consumer Defensive Company. The new investment brought the stake of investor firm to 0.37% having worth around $19.46 million. Moreover, Amundi SGR SpA increased its share by 0.12 million to have a control over 0.4 million shares. And UBS Switzerland AG raised its holdings to 26839.0 shares by acquiring 0.33 million shares or 0.12% of the stake.
Sendas Distribuidora S.A. (ASAI) concluded trading on 01/12/23 at a closing price of $19.59, with 0.39 million shares of worth about $7.56 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 39.70% during that period and on Thursday the price saw a gain of about 2.35%. Currently the company’s common shares owned by public are about 269.40M shares, out of which, 159.41M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 12 analysts are covering the ASAI stock and their offered price forecasts bring an average price target of $23.18. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $25.71 and could fall to a lowest price of $20.79. The stock’s current price level is 11.36% above of average price target set by the analysts, while a rise to estimated low would result in gain of 5.77% for the stock. However, touching the estimated high of $25.71 would mean a gain of 23.8% for the stock.
Vanguard Total International Stoc, Vanguard Emerging Markets Stock I, and Coronation Global Emerging Market are the top 3 mutual funds which are holding stakes in Sendas Distribuidora S.A. Vanguard Total International Stoc is currently holding 0.44 million shares of worth totaling $8.52 million. The company recently came buying 0.0 shares which brought its stake up to 0.16% of the company’s outstanding shares. Coronation Global Emerging Market, after selling 0.34 million shares, have now control over 0.13% of the stake in the company. It holds 74295.0 shares of worth $6.52 million.
Sendas Distribuidora S.A. (NYSE: ASAI) started trading at $19.18, above $0.04 from concluding price of the previous day. However, the stock later moved at a day high price of 20.12, or with a gain of 2.35%. Stock saw a price change of 10.62% in past 5 days and over the past one month there was a price change of 9.84%. Year-to-date (YTD), ASAI shares are showing a performance of 6.99% which increased to 91.50% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.44 but also hit the highest price of $20.49 during that period. The average intraday trading volume for Sendas Distribuidora S.A. shares is 421.19K. The stock is currently trading 7.01% above its 20-day simple moving average (SMA20), while that difference is up 5.71% for SMA50 and it goes to 16.48% higher than SMA200.
Goldman Sachs International acquired 1.01 million shares of Sendas Distribuidora S.A. having value of about $19.46 million. Sendas Distribuidora S.A. (NYSE: ASAI) currently have 269.40M outstanding shares and institutions hold larger chunk of about 4.50% of that. Holding of mutual funds in the company is about 0.97% while other institutional holders and individual stake holders have control over 3.77% and — of the stake respectively.
The stock has a current market capitalization of $5.14B. PE ratio of stock for trailing 12 months is 21.18, while it has posted earnings per share of $0.93 in the same period. Its PEG reads 5.20 and has Quick Ratio of 0.50 while making debt-to-equity ratio of 5.44. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ASAI, volatility over the week remained 3.75% while standing at 3.55% over the month.
Analysts are in expectations that Sendas Distribuidora S.A. (ASAI) stock would likely to be making an EPS of $0.22 in the current quarter, while forecast for next quarter EPS is $0 and it is $1.18 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.22 which is $0.22 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.61 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 55.90% while it is estimated to increase by 53.90% in next year.
Analysts at 12 brokerage firms have issued recommendations for the Sendas Distribuidora S.A. (ASAI)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.50. Out of those 12 Wall Street analysts, 12 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.