Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives Buy Rating from Sanford C. Bernstein

Anheuser-Busch InBev SA/NV (NYSE:BUD)‘s stock had its “buy” rating restated by analysts at Sanford C. Bernstein in a report issued on Wednesday,MarketScreener reports.

Other analysts also recently issued research reports about the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, November 19th. Morningstar raised shares of Anheuser-Busch InBev SA/NV to a “buy” rating in a report on Thursday, September 18th. DZ Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, November 7th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, October 31st. Finally, Kepler Capital Markets lowered Anheuser-Busch InBev SA/NV from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 9th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $72.00.

Anheuser-Busch InBev SA/NV Stock Down 1.0%

Shares of NYSE:BUD opened at $61.92 on Wednesday. The firm has a fifty day moving average price of $61.02 and a two-hundred day moving average price of $64.27. The company has a market cap of $120.91 billion, a price-to-earnings ratio of 17.43, a PEG ratio of 1.75 and a beta of 0.76. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.64 and a quick ratio of 0.48. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $72.13.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings data on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.02. The company had revenue of $15.13 billion for the quarter, compared to the consensus estimate of $15.28 billion. Anheuser-Busch InBev SA/NV had a return on equity of 16.21% and a net margin of 12.16%.The firm’s revenue was up .6% compared to the same quarter last year. During the same quarter last year, the business posted $0.98 earnings per share. Analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. AE Wealth Management LLC raised its holdings in Anheuser-Busch InBev SA/NV by 17.3% during the 1st quarter. AE Wealth Management LLC now owns 5,490 shares of the consumer goods maker’s stock valued at $338,000 after buying an additional 810 shares during the last quarter. Avantax Advisory Services Inc. increased its holdings in Anheuser-Busch InBev SA/NV by 11.8% during the 1st quarter. Avantax Advisory Services Inc. now owns 23,926 shares of the consumer goods maker’s stock valued at $1,473,000 after purchasing an additional 2,532 shares during the period. Cetera Investment Advisers raised its position in Anheuser-Busch InBev SA/NV by 29.5% during the 1st quarter. Cetera Investment Advisers now owns 76,529 shares of the consumer goods maker’s stock valued at $4,711,000 after purchasing an additional 17,419 shares during the last quarter. Assetmark Inc. grew its position in shares of Anheuser-Busch InBev SA/NV by 2.0% in the 1st quarter. Assetmark Inc. now owns 51,433 shares of the consumer goods maker’s stock worth $3,166,000 after buying an additional 1,014 shares during the last quarter. Finally, HB Wealth Management LLC lifted its stake in Anheuser-Busch InBev SA/NV by 9.0% in the first quarter. HB Wealth Management LLC now owns 5,107 shares of the consumer goods maker’s stock worth $314,000 after acquiring an additional 422 shares during the period. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.