Recent important negative changes in fundamentals have affected TIM S.A. (NYSE: TIMB). Negative developments: the stock’s power rating fell below 50, significant quarterly sales deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly. Positive development: significant quarterly earnings acceleration occurred.
Important negative changes in TIM S.A. (NYSE: TIMB) investment behavior have recently occurred: negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, TIMB is expected to continue to be an important Value Builder.
TIM S.A. has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. TIM S.A. has a slightly positive Appreciation Score of 63 and a neutral Power Rating of 45, triggering the Neutral Value Trend Rating.
Recent Price Action
TIM S.A. (NYSE: TIMB) stock closed at $14.52 on 7/5/24 after a modest gain of 1.0%. Moreover, this advance was accompanied by above average trading volume at 133% of normal. The stock is unchanged during the last week but has been weak relative to the market over the last nine months.
Be the first to comment