Is it time to Buy before this week’s earning report TIM (NYSE:TIMB)

Earnings results for TIM (NYSE:TIMB)

TIM S.A. is estimated to report earnings on 06/08/2021. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.11. The reported EPS for the same quarter last year was $0.08.

Analyst Opinion on TIM (NYSE:TIMB)

3 Wall Street analysts have issued ratings and price targets for TIM in the last 12 months. Their average twelve-month price target is $16.50, predicting that the stock has a possible upside of 32.42%. The high price target for TIMB is $16.50 and the low price target for TIMB is $16.50. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus rating of “Buy.”

TIM has received a consensus rating of Buy. The company’s average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $16.50, TIM has a forecasted upside of 32.4% from its current price of $12.46. TIM has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: TIM (NYSE:TIMB)

TIM has a dividend yield of 1.14%, which is in the bottom 25% of all stocks that pay dividends. TIM does not have a long track record of dividend growth. The dividend payout ratio of TIM is 18.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TIM will have a dividend payout ratio of 24.56% next year. This indicates that TIM will be able to sustain or increase its dividend.

Insiders buying/selling: TIM (NYSE:TIMB)

In the past three months, TIM insiders have not sold or bought any company stock. Only 4.74% of the stock of TIM is held by institutions.

Earnings and Valuation of TIM (NYSE:TIMB

Earnings for TIM are expected to decrease by -9.52% in the coming year, from $0.63 to $0.57 per share. The P/E ratio of TIM is 16.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 30.25. The P/E ratio of TIM is 16.61, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 49.54. TIM has a P/B Ratio of 1.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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