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

Key Points

• Weiss Ratings has reiterated a "Hold (C-)" rating for Anheuser-Busch InBev SA/NV (NYSE:BUD), while other analysts maintain a more favorable outlook with numerous "Buy" ratings.
• The stock price of Anheuser-Busch InBev declined by 0.3% to $59.52, with an average target price set at $71.00 according to market data.
• Despite a 2.1% decline in quarterly revenue year-over-year, the company reported an earnings per share (EPS) of $0.98, surpassing analyst expectations.

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

A number of other equities research analysts have also weighed in on the company. Royal Bank Of Canada restated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, September 17th. The Goldman Sachs Group reiterated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, September 25th. Sanford C. Bernstein reiterated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, September 30th. JPMorgan Chase & Co. reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, September 30th. Finally, UBS Group reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, September 30th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV currently has an average rating of "Buy" and an average price target of $71.00.

Anheuser-Busch InBev SA/NV Stock Down 0.3%

Shares of BUD stock traded down $0.16 on Wednesday, hitting $59.52. The stock had a trading volume of 996,564 shares, compared to its average volume of 2,373,534. The company has a market cap of $116.22 billion, a PE ratio of 16.72, a P/E/G ratio of 1.69 and a beta of 0.76. The company has a quick ratio of 0.48, a current ratio of 0.64 and a debt-to-equity ratio of 0.79. The business has a 50 day moving average price of $60.42 and a 200 day moving average price of $64.69. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $72.13.

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 EPS for the quarter, topping 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 16.21%. Anheuser-Busch InBev SA/NV's quarterly revenue was down 2.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.90 earnings per share. Research analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Institutional Trading of Anheuser-Busch InBev SA/NV

A number of hedge funds and other institutional investors have recently modified their holdings of BUD. GAMMA Investing LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 7,716.4% during the 1st quarter. GAMMA Investing LLC now owns 71,286 shares of the consumer goods maker's stock worth $4,388,000 after purchasing an additional 70,374 shares during the last quarter. NBC Securities Inc. acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth about $32,000. Farther Finance Advisors LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 40.7% during the 1st quarter. Farther Finance Advisors LLC now owns 1,826 shares of the consumer goods maker's stock worth $112,000 after purchasing an additional 528 shares during the last quarter. Integrated Advisors Network LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 6.1% during the 1st quarter. Integrated Advisors Network LLC now owns 5,663 shares of the consumer goods maker's stock worth $349,000 after purchasing an additional 327 shares during the last quarter. Finally, Laurel Wealth Advisors LLC boosted its holdings in Anheuser-Busch InBev SA/NV by 23.5% during the 1st quarter. Laurel Wealth Advisors LLC now owns 1,050 shares of the consumer goods maker's stock valued at $65,000 after acquiring an additional 200 shares during the period. 5.53% of the stock is owned by institutional investors and hedge funds.

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.

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