Anheuser-Busch InBev SA/NV (NYSE:BUD) Announces Quarterly Earnings Results

Key Points

• Earnings beat: Anheuser‑Busch reported Q EPS of $0.97 versus a $0.90 consensus and revenue of $15.27 billion, up 12% year‑over‑year.
• Dividend announced: the company declared a $1.1735 per‑share dividend payable June 5, with an ex‑dividend and record date of May 8.
• Analyst backdrop: Wall Street ratings skew positive (one Strong Buy, 11 Buys, 4 Holds) with an average price target of $86.50.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) released its quarterly earnings data on Tuesday. The consumer goods maker reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.07, Zacks reports. The firm had revenue of $15.27 billion for the quarter, compared to analyst estimates of $14.69 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.67% and a net margin of 11.53%.The business's revenue for the quarter was up 12.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.81 earnings per share.

Anheuser-Busch InBev SA/NV Trading Down 2.2%

Shares of NYSE:BUD opened at $73.91 on Tuesday. The company has a market capitalization of $144.17 billion, a P/E ratio of 21.49, a P/E/G ratio of 1.40 and a beta of 0.57. Anheuser-Busch InBev SA/NV has a 1 year low of $56.97 and a 1 year high of $81.56. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.72 and a quick ratio of 0.57. The business's 50 day simple moving average is $73.46 and its 200 day simple moving average is $68.61.

Anheuser-Busch InBev SA/NV Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 8th will be given a dividend of $1.1735 per share. The ex-dividend date of this dividend is Friday, May 8th. This represents a yield of 322.0%. Anheuser-Busch InBev SA/NV's dividend payout ratio is currently 6.98%.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Balanced Rock Investment Advisors LLC lifted its stake in Anheuser-Busch InBev SA/NV by 1.4% during the fourth quarter. Balanced Rock Investment Advisors LLC now owns 9,185 shares of the consumer goods maker's stock worth $588,000 after purchasing an additional 130 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 0.4% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 46,080 shares of the consumer goods maker's stock valued at $2,747,000 after acquiring an additional 189 shares in the last quarter. Parkside Financial Bank & Trust boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 79.1% during the 4th quarter. Parkside Financial Bank & Trust now owns 498 shares of the consumer goods maker's stock valued at $32,000 after acquiring an additional 220 shares in the last quarter. National Bank of Canada FI boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 7.6% during the 3rd quarter. National Bank of Canada FI now owns 3,535 shares of the consumer goods maker's stock valued at $211,000 after acquiring an additional 251 shares in the last quarter. Finally, Commerce Bank boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 5.2% during the 4th quarter. Commerce Bank now owns 5,175 shares of the consumer goods maker's stock valued at $331,000 after acquiring an additional 256 shares in the last quarter. 5.53% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on BUD shares. Sanford C. Bernstein reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, April 28th. Jefferies Financial Group reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft reaffirmed a "neutral" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, April 7th. Royal Bank Of Canada reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, February 12th. Finally, The Goldman Sachs Group reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $86.50.

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.

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