|Bid||14.61 x N/A|
|Ask||14.66 x N/A|
|Day's range||14.28 - 14.77|
|52-week range||10.75 - 14.77|
|Beta (5Y monthly)||0.45|
|PE ratio (TTM)||20.31|
|Earnings date||31 July 2023|
|Forward dividend & yield||1.31 (9.39%)|
|Ex-dividend date||26 Apr 2023|
|1y target est||16.73|
TIM S.A. Sponsored ADR (TIMB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The consensus price target hints at a 29.5% upside potential for TIM S.A. Sponsored ADR (TIMB). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.