Anheuser-Busch InBev SA/NV (NYSE:BUD) Stock Rated “Moderate Buy” by Sell-Side Brokerages

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have earned an average rating of “Moderate Buy” from the seventeen brokerages that are currently covering the stock, Marketbeat.com reports. Five research analysts have rated the stock with a hold rating and twelve 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 $91.08.

Several equities analysts have recently issued reports on BUD shares. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, September 24th. Bank of America reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, September 24th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 24th. Weiss Ratings lowered Anheuser-Busch InBev SA/NV from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, July 17th. Finally, TD Cowen lifted their target price 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.

Anheuser-Busch InBev SA/NV Stock Down 0.0%

BUD opened at $73.40 on Wednesday. Anheuser-Busch InBev SA/NV has a fifty-two week low of $58.44 and a fifty-two week high of $86.60. The firm has a market capitalization of $148.21 billion, a P/E ratio of 15.55, a PEG ratio of 1.06 and a beta of 0.57. The company’s 50-day moving average is $79.58 and its 200 day moving average is $78.51. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.66 and a quick ratio of 0.50.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings data on Wednesday, July 29th. The consumer goods maker reported $1.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.12. Anheuser-Busch InBev SA/NV had a net margin of 14.90% and a return on equity of 16.42%. The business had revenue of $16.66 billion during the quarter, compared to the consensus estimate of $16.23 billion. During the same period in the prior year, the firm posted $0.98 EPS. The firm’s quarterly revenue was up 11.0% compared to the same quarter last year. Research analysts expect that Anheuser-Busch InBev SA/NV will post 4.38 earnings per share for the current fiscal year.

Institutional Trading of Anheuser-Busch InBev SA/NV

A number of large investors have recently added to or reduced their stakes in the stock. Wellington Management Group LLP raised its holdings in shares of Anheuser-Busch InBev SA/NV by 10,464.1% in the 2nd quarter. Wellington Management Group LLP now owns 3,190,248 shares of the consumer goods maker’s stock worth $262,876,000 after purchasing an additional 3,160,049 shares during the period. NewEdge Advisors LLC lifted its stake in Anheuser-Busch InBev SA/NV by 7,474.5% in the second quarter. NewEdge Advisors LLC now owns 522,643 shares of the consumer goods maker’s stock valued at $43,066,000 after purchasing an additional 515,743 shares during the last quarter. Cook & Bynum Capital Management LLC bought a new position in Anheuser-Busch InBev SA/NV during the second quarter valued at $33,282,514. Renaissance Technologies LLC grew its holdings in Anheuser-Busch InBev SA/NV by 64.7% during the first quarter. Renaissance Technologies LLC now owns 810,874 shares of the consumer goods maker’s stock valued at $56,250,000 after purchasing an additional 318,600 shares during the period. Finally, Sei Investments Co. increased its position in Anheuser-Busch InBev SA/NV by 24.0% in the first quarter. Sei Investments Co. now owns 370,795 shares of the consumer goods maker’s stock worth $25,723,000 after buying an additional 71,779 shares during the last quarter. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV is a global brewer headquartered in Leuven, Belgium. The company produces, markets and distributes beer and other alcoholic beverages through a portfolio of international, regional and local brands. Its best-known brands include Budweiser, Corona, Stella Artois, Michelob Ultra, Beck’s, Hoegaarden and Brahma, along with numerous country-specific offerings.

The company serves consumers across the Americas, Europe, Africa and Asia-Pacific through a broad network of breweries, distribution operations and commercial partnerships.