Significant negative changes in fundamentals have recently occurred for 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.
TIM S.A. (NYSE: TIMB) has recently experienced significant negative changes in investment behavior: 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 consistent signals. TIM S.A. has a slightly positive Appreciation Score of 65 and a neutral Power Rating of 42, leading to the Neutral Value Trend Rating.
Recent Price Action
TIM S.A. (NYSE: TIMB) stock closed at $14.74 on 7/24/24 after a slight decline of -0.9%. Moreover, trading volume in this decline was unusually high at 165% of normal. The stock has declined -4.2% during the last week and has been weak relative to the market over the last nine months.
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