Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives "Hold (C-)" Rating from Weiss Ratings

Key Points

• Anheuser-Busch InBev has received a "Hold (C-)" rating from Weiss Ratings, while analysts from Sanford C. Bernstein, JPMorgan, and Goldman Sachs continue to reaffirm a "Buy" rating.
• The stock has a current average price target of $71.00 and is trading at $61.29, down from a one-year high of $72.13.
• In the latest earnings report, the company surpassed consensus estimates, reporting $0.98 earnings per share, although revenue decreased by 2.1% year-over-year.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report)'s stock had its "hold (c-)" rating reiterated by investment analysts at Weiss Ratings in a research report issued on Friday,Weiss Ratings reports.

Other equities research analysts also recently issued reports about the company. Sanford C. Bernstein reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday. Kepler Capital Markets downgraded Anheuser-Busch InBev SA/NV from a "strong-buy" rating to a "hold" rating in a report on Thursday, October 9th. JPMorgan Chase & Co. reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, October 10th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, September 25th. Finally, Royal Bank Of Canada reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, October 10th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $71.00.

Anheuser-Busch InBev SA/NV Price Performance

BUD stock traded down $0.30 during trading hours on Friday, hitting $61.29. 1,199,449 shares of the stock traded hands, compared to its average volume of 2,334,611. The stock has a 50-day simple moving average of $60.44 and a 200 day simple moving average of $64.60. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $72.13. The company has a market cap of $119.69 billion, a P/E ratio of 17.22, a P/E/G ratio of 1.76 and a beta of 0.76. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last announced its earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 16.21% and a net margin of 12.16%.During the same quarter in the previous year, the company earned $0.90 earnings per share. Anheuser-Busch InBev SA/NV's revenue for the quarter was down 2.1% on a year-over-year basis. Equities analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

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

Hedge funds have recently bought and sold shares of the business. Salomon & Ludwin LLC lifted its stake in Anheuser-Busch InBev SA/NV by 494.7% in the 3rd quarter. Salomon & Ludwin LLC now owns 446 shares of the consumer goods maker's stock worth $27,000 after acquiring an additional 371 shares in the last quarter. Legacy Investment Solutions LLC acquired a new position in Anheuser-Busch InBev SA/NV in the 2nd quarter worth about $28,000. Mather Group LLC. acquired a new position in Anheuser-Busch InBev SA/NV in the 3rd quarter worth about $34,000. Elevation Point Wealth Partners LLC acquired a new position in Anheuser-Busch InBev SA/NV in the 2nd quarter worth about $35,000. Finally, NewSquare Capital LLC increased its position in Anheuser-Busch InBev SA/NV by 602.7% in the 2nd quarter. NewSquare Capital LLC now owns 527 shares of the consumer goods maker's stock worth $36,000 after purchasing an additional 452 shares during the last quarter. 5.53% of the stock is owned by hedge funds and other institutional investors.

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.

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