Erste Group Bank Has Pessimistic View of BUD FY2027 Earnings

Key Points

• Erste Group Bank lowered its FY2027 EPS estimate for Anheuser-Busch InBev to $4.92 from $4.93, still above the current consensus estimate of $4.39.
• Analyst sentiment remains positive overall, with 12 Buy ratings and four Holds, producing a “Moderate Buy” consensus and an average price target of $87.83.
• BUD shares opened at $78.65, while the company’s latest quarterly results exceeded expectations with EPS of $1.21 versus $1.09 and revenue of $16.66 billion versus $16.23 billion.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) - Equities researchers at Erste Group Bank cut their FY2027 earnings estimates for shares of Anheuser-Busch InBev SA/NV in a research note issued to investors on Thursday, October 8th. Erste Group Bank analyst S. Lingnau now anticipates that the consumer goods maker will post earnings of $4.92 per share for the year, down from their previous estimate of $4.93. The consensus estimate for Anheuser-Busch InBev SA/NV's current full-year earnings is $4.39 per share.

Several other brokerages have also weighed in on BUD. Sanford C. Bernstein restated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, June 30th. TD Cowen reduced their price target on shares of Anheuser-Busch InBev SA/NV from $89.00 to $85.00 and set a "hold" rating for the company in a research report on Tuesday. Morgan Stanley reduced their price target on shares of Anheuser-Busch InBev SA/NV from $86.50 to $84.50 and set an "overweight" rating for the company in a research report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 24th. Finally, Bank of America reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 24th. Twelve equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat, Anheuser-Busch InBev SA/NV has a consensus rating of "Moderate Buy" and a consensus target price of $87.83.

Anheuser-Busch InBev SA/NV Stock Up 0.5%

Shares of NYSE BUD opened at $78.65 on Wednesday. The stock has a market capitalization of $158.81 billion, a price-to-earnings ratio of 16.66, a price-to-earnings-growth ratio of 1.13 and a beta of 0.57. Anheuser-Busch InBev SA/NV has a 52 week low of $59.31 and a 52 week high of $86.60. The firm has a 50-day moving average price of $78.51 and a 200 day moving average price of $78.88. The company has a quick ratio of 0.50, a current ratio of 0.66 and a debt-to-equity ratio of 0.68.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 8.1% in the 3rd quarter. GAMMA Investing LLC now owns 4,724 shares of the consumer goods maker's stock worth $347,000 after buying an additional 354 shares in the last quarter. Farther Finance Advisors LLC grew its stake in Anheuser-Busch InBev SA/NV by 16.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 6,249 shares of the consumer goods maker's stock valued at $459,000 after acquiring an additional 886 shares during the last quarter. Valeo Financial Advisors LLC increased its holdings in Anheuser-Busch InBev SA/NV by 13.9% during the 3rd quarter. Valeo Financial Advisors LLC now owns 4,923 shares of the consumer goods maker's stock valued at $362,000 after acquiring an additional 600 shares in the last quarter. Persium Advisors LLC increased its holdings in Anheuser-Busch InBev SA/NV by 3.1% during the 3rd quarter. Persium Advisors LLC now owns 12,365 shares of the consumer goods maker's stock valued at $908,000 after acquiring an additional 375 shares in the last quarter. Finally, Versant Capital Management Inc increased its holdings in Anheuser-Busch InBev SA/NV by 1.6% during the 3rd quarter. Versant Capital Management Inc now owns 9,988 shares of the consumer goods maker's stock valued at $734,000 after acquiring an additional 155 shares in the last quarter. Institutional investors and hedge funds own 5.53% of the company's stock.

About Anheuser-Busch InBev SA/NV

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.

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