Anheuser-Busch InBev SA/NV (NYSE:BUD) Given Consensus Rating of "Buy" by Analysts

Key Points

• Anheuser-Busch InBev (NYSE:BUD) has received a consensus recommendation of "Buy" from ten brokerages, with an average 12-month price target of $71.50.
• Recent analyst upgrades include a change from "hold" to "strong-buy" by BNP Paribas and a rise in target price from $70.10 to $88.00 by Goldman Sachs.
• The company reported earnings per share (EPS) of $0.98 for the latest quarter, exceeding estimates, despite a 2.1% decline in revenue compared to the previous year.

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) have been given a consensus rating of "Buy" by the ten analysts that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold rating, six have issued a buy rating and three have issued a strong buy rating on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $71.50.

Several equities research analysts have recently issued reports on the stock. The Goldman Sachs Group raised shares of Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $70.10 to $88.00 in a research report on Monday, May 12th. Wall Street Zen downgraded shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note on Sunday, May 18th. Finally, BNP Paribas upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 30th.

Institutional Trading of Anheuser-Busch InBev SA/NV

Institutional investors and hedge funds have recently modified their holdings of the business. NBC Securities Inc. acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the 1st quarter worth about $32,000. Garde Capital Inc. bought a new position in shares of Anheuser-Busch InBev SA/NV during the 1st quarter valued at about $37,000. Measured Risk Portfolios Inc. bought a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter valued at about $40,000. ST Germain D J Co. Inc. acquired a new position in shares of Anheuser-Busch InBev SA/NV in the first quarter worth about $41,000. Finally, Hurley Capital LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter worth about $49,000. 5.53% of the stock is owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Trading Down 0.8%

Shares of NYSE:BUD traded down $0.49 during trading on Friday, reaching $57.18. The stock had a trading volume of 7,416,404 shares, compared to its average volume of 2,295,599. The business has a fifty day moving average price of $68.97 and a 200-day moving average price of $62.79. The company has a quick ratio of 0.54, a current ratio of 0.70 and a debt-to-equity ratio of 0.80. The stock has a market cap of $102.76 billion, a P/E ratio of 16.06, a PEG ratio of 1.44 and a beta of 0.82. Anheuser-Busch InBev SA/NV has a fifty-two week low of $45.94 and a fifty-two week high of $72.13.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 12.16% and a return on equity of 24.68%. During the same period in the prior year, the business earned $0.90 earnings per share. The company's revenue was down 2.1% compared to the same quarter last year. As a group, analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

About Anheuser-Busch InBev SA/NV

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.