Anheuser-Busch InBev SA/NV (NYSE:BUD) Sees Large Volume Increase - Here's What Happened

Key Points

• BUD trading volume rose 3% above its average, with about 2.21 million shares traded; the stock last traded at $84.19, down from its previous close of $85.20.
• Analysts’ consensus rating is Moderate Buy, with a consensus price target of $87.83; 12 analysts rate the stock Buy and four rate it Hold.
• Quarterly results beat expectations: EPS was $1.21 versus $1.09 forecast, revenue reached $16.51 billion versus $15.91 billion expected, and revenue grew 9.1% year over year.

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) saw unusually-strong trading volume on Friday. Approximately 2,208,616 shares were traded during trading, an increase of 3% from the average daily volume of 2,137,744 shares. The stock last traded at $84.1870 and had previously closed at $85.20.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on BUD. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, September 24th. Barclays restated a "neutral" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, September 29th. Jefferies Financial Group restated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 24th. Weiss Ratings raised Anheuser-Busch InBev SA/NV from a "hold (c)" rating to a "hold (c+)" rating in a research report on Friday, October 30th. Finally, JPMorgan Chase & Co. reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, September 24th. Twelve equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $87.83.

Anheuser-Busch InBev SA/NV Stock Performance

The company has a debt-to-equity ratio of 0.68, a current ratio of 0.66 and a quick ratio of 0.50. The stock has a fifty day moving average price of $79.25 and a two-hundred day moving average price of $78.05. The company has a market cap of $170.95 billion, a P/E ratio of 16.92, a PEG ratio of 1.25 and a beta of 0.53.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last issued its quarterly earnings data on Thursday, October 29th. The consumer goods maker reported $1.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.09 by $0.12. Anheuser-Busch InBev SA/NV had a return on equity of 17.28% and a net margin of 15.42%. The business had revenue of $16.51 billion during the quarter, compared to analyst estimates of $15.91 billion. During the same period in the prior year, the company posted $0.99 EPS. The business's revenue for the quarter was up 9.1% compared to the same quarter last year. On average, equities analysts forecast that Anheuser-Busch InBev SA/NV will post 4.39 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of BUD. Archer Investment Corp bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 2nd quarter worth approximately $25,000. Jacobi Capital Management LLC bought a new stake in Anheuser-Busch InBev SA/NV during the third quarter worth approximately $25,000. Continuum Advisory LLC bought a new stake in Anheuser-Busch InBev SA/NV during the second quarter worth approximately $39,000. First Horizon Corp boosted its holdings in Anheuser-Busch InBev SA/NV by 84.6% during the first quarter. First Horizon Corp now owns 502 shares of the consumer goods maker's stock worth $35,000 after buying an additional 230 shares in the last quarter. Finally, Western Wealth Management LLC acquired a new position in Anheuser-Busch InBev SA/NV in the first quarter worth approximately $36,000. Institutional investors own 5.53% of the company's stock.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV is a global brewing company headquartered in Leuven, Belgium. It brews, markets and distributes beer and other beverages through a portfolio of international and local brands, including Budweiser, Bud Light, Stella Artois, Corona, Michelob Ultra and Beck's.

The company sells its products across markets worldwide, with operations spanning multiple regions, including North America, Latin America, Europe, Africa and Asia. Its business also includes non-alcoholic beer and other beverage offerings, alongside brewing and distribution services.

Anheuser-Busch InBev was formed in 2008 through the combination of InBev and Anheuser-Busch, bringing together brewing businesses with roots in Europe and the United States.

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