Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Analysts give AB InBev a “Moderate Buy” consensus: Eleven of 17 analysts rate the stock a buy, while six recommend holding it. The average 12-month price target is $91.08, above the reported share price of $80.25.
• Quarterly results exceeded expectations: AB InBev reported adjusted earnings of $1.21 per share versus the $1.09 consensus estimate, while revenue reached $16.66 billion and increased 11% year over year.
• Institutional investors own approximately 5.53% of the company, with several smaller funds recently initiating or expanding positions in BUD.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the seventeen research firms that are covering the stock, Marketbeat reports. Six research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $91.0825.

A number of equities analysts have issued reports on BUD shares. Berenberg Bank reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, June 5th. Jefferies Financial Group reiterated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, June 30th. UBS Group reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, June 30th. Barclays restated an "equal weight" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, July 27th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "neutral" rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, July 1st.

Hedge Funds Weigh In On Anheuser-Busch InBev SA/NV

A number of hedge funds and other institutional investors have recently made changes to their positions in BUD. Archer Investment Corp purchased a new stake in Anheuser-Busch InBev SA/NV during the second quarter worth about $25,000. Birchwood Financial Partners Inc. purchased a new position in Anheuser-Busch InBev SA/NV in the fourth quarter valued at about $26,000. GHP Investment Advisors Inc. purchased a new position in Anheuser-Busch InBev SA/NV in the first quarter valued at about $32,000. Parkside Financial Bank & Trust grew its position 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 during the period. Finally, First Horizon Corp grew its position in shares of Anheuser-Busch InBev SA/NV by 84.6% during the 1st quarter. First Horizon Corp now owns 502 shares of the consumer goods maker's stock valued at $35,000 after acquiring an additional 230 shares during the period. 5.53% of the stock is owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD opened at $80.25 on Friday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.50 and a current ratio of 0.66. The stock has a 50 day moving average price of $80.89 and a two-hundred day moving average price of $78.39. The firm has a market capitalization of $162.04 billion, a P/E ratio of 17.00, a P/E/G ratio of 1.15 and a beta of 0.59. Anheuser-Busch InBev SA/NV has a 52 week low of $57.79 and a 52 week high of $86.60.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last posted its earnings results on Wednesday, July 29th. The consumer goods maker reported $1.21 earnings per share for the quarter, beating analysts' consensus estimates of $1.09 by $0.12. The company had revenue of $16.66 billion for the quarter, compared to analyst estimates of $16.23 billion. Anheuser-Busch InBev SA/NV had a return on equity of 16.42% and a net margin of 14.90%.The company's revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter last year, the company earned $0.98 earnings per share. Equities analysts forecast that Anheuser-Busch InBev SA/NV will post 4.38 earnings per share 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source