Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives Consensus Rating of “Moderate Buy” from Brokerages

Anheuser-Busch InBev SA/NV (NYSE:BUD) has been assigned a consensus recommendation of “Moderate Buy” from the seventeen ratings firms that are covering the firm, Marketbeat reports. Six investment analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $91.0825.

Several equities research analysts have recently weighed in on BUD shares. DZ Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, May 21st. TD Cowen lifted their price target on Anheuser-Busch InBev SA/NV from $85.00 to $89.00 and gave the stock a “hold” rating in a research note on Friday, June 26th. Sanford C. Bernstein reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, June 30th. Jefferies Financial Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, June 30th. Finally, Morgan Stanley cut their price objective on Anheuser-Busch InBev SA/NV from $86.50 to $84.50 and set an “overweight” rating on the stock in a research note on Thursday, July 2nd.

Institutional Investors Weigh In On Anheuser-Busch InBev SA/NV

Institutional investors have recently made changes to their positions in the company. Bogart Wealth LLC lifted its stake in Anheuser-Busch InBev SA/NV by 3,800.0% during the fourth quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock worth $25,000 after purchasing an additional 380 shares during the last quarter. Birchwood Financial Partners Inc. bought a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter valued at $26,000. GHP Investment Advisors Inc. acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the first quarter worth $32,000. Parkside Financial Bank & Trust raised its holdings in shares of Anheuser-Busch InBev SA/NV by 79.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 498 shares of the consumer goods maker’s stock worth $32,000 after purchasing an additional 220 shares during the period. Finally, First Horizon Corp lifted its position in shares of Anheuser-Busch InBev SA/NV by 84.6% in the 1st quarter. First Horizon Corp now owns 502 shares of the consumer goods maker’s stock worth $35,000 after buying an additional 230 shares during the last quarter. 5.53% of the stock is currently owned by institutional investors.

Anheuser-Busch InBev SA/NV Stock Down 3.0%

Shares of NYSE:BUD opened at $77.35 on Tuesday. The firm has a market cap of $156.19 billion, a PE ratio of 16.39, a price-to-earnings-growth ratio of 1.22 and a beta of 0.60. The company has a fifty day simple moving average of $81.80 and a 200 day simple moving average of $78.01. The company has a current ratio of 0.66, a quick ratio of 0.50 and a debt-to-equity ratio of 0.68. Anheuser-Busch InBev SA/NV has a 12-month low of $57.79 and a 12-month high of $86.60.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data on Wednesday, July 29th. The consumer goods maker reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.12. The firm had revenue of $16.66 billion for the quarter, compared to the consensus estimate of $16.23 billion. Anheuser-Busch InBev SA/NV had a net margin of 14.90% and a return on equity of 16.42%. The firm’s revenue was up 11.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.98 EPS. On average, equities research analysts anticipate that Anheuser-Busch InBev SA/NV will post 4.39 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.