TIM S.A. (NYSE: TIMB) has recently experienced significant negative changes in fundamentals. 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.
Recent meaningful negative changes in investment behavior have impacted TIM S.A. (NYSE: TIMB): its longer term price trend turned down.
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 contradictory signals. TIM S.A. has a slightly positive Appreciation Score of 62 but a slightly negative Power Rating of 39, triggering the Neutral Value Trend Rating.
Recent Price Action
TIM S.A. (NYSE: TIMB) stock declined slightly by -0.2% on 6/13/24. The stock closed at $14.56. However, this decline was accompanied by below average trading volume at 82% of normal. The stock has performed in line with the market over the last nine months and has declined -6.0% during the last week.
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